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GDP Australia 2017

Australia: GDP increases 2.3%

Gross Domestic Product of Australia grew 2.3% in 2017 compared to last year. This rate is 3 -tenths of one percent higher than the figure of 2% published in 2016.

The GDP figure in 2017 was €1,258,572$1,421,809 million, Australia is number 12 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Australia rose €170,005$156,865 million with respect to 2016.

The GDP per capita of Australia in 2017 was €51,610$58,304, €6,971$6,431 higher than in 2016, it was €44,639$51,873. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2007 when the GDP per capita in Australia was €29,639$45,036.

If we order the countries according to their GDP per capita, Australia is very well positioned in terms of the standard of living of its population, coming 10th out of the 196 countries whose GDP we publish.

Here we show you the progression of the GDP in Australia. You can see GDP in other countries in GDP and see all the economic information about Australia in Australia's economy.

Quarterly GDP at market prices 2017
DateQuarterly GDPQuarterly GDPQuat. GDP Growth (%)Quat. GDP Annual Growth (%)
2017Q4296,371M.€251,716M.$0.4%2.4%
2017Q3302,653M.€257,238M.$0.7%2.9%
2017Q2304,537M.€276,117M.$0.8%2.0%
2017Q1318,390M.€297,879M.$0.5%1.9%
< GDP Australia 2016
Quaterly GDP Per Capita 2017
DateQu. GDP Per CapitaQu. GDP P.C. Qu. GrowthQu. GDP P.C. An. GrowthQu. GDP Per Capita $Qu. GDP P.C. An. GrowthQu. GDP P.C. Qu. Growth
2017Q412,153€-2.1%-2.8%10,322$-10.3%-2.2%
2017Q312,411€-0.6%3.2%10,549$-1.4%-6.8%
2017Q212,488€-4.4%7.9%11,323$-12.8%-7.3%
2017Q113,056€4.4%15.4%12,215$-1.5%6.2%
< GDP Australia 2016
Evolution: Annual GDP Australia
DateAnnual GDPAnnual GDPGDP Growth (%)
20171,258,572M.€1,421,809M.$2.3%
20161,088,567M.€1,264,944M.$2.0%
20151,212,467M.€1,232,918M.$2.8%
20141,098,398M.€1,454,957M.$2.4%
20131,179,966M.€1,515,767M.$2.6%
20121,196,504M.€1,566,533M.$2.6%
2011999,388M.€1,511,427M.$3.9%
2010861,317M.€1,249,523M.$2.5%
2009665,688M.€997,261M.$2.1%
2008717,079M.€1,054,240M.$1.9%
2007622,897M.€946,481M.$3.7%
2006595,368M.€780,351M.$3.8%
2005556,903M.€733,746M.$2.8%
2004493,306M.€655,612M.$3.2%
2003412,842M.€539,430M.$4.0%
2002417,861M.€424,182M.$3.0%
2001423,057M.€376,539M.$4.0%
2000449,606M.€398,933M.$1.9%
1999364,774M.€410,865M.$3.9%
1998380,530M.$5.0%
1997425,584M.$4.4%
1996423,610M.$3.9%
1995378,076M.$3.9%
1994352,562M.$3.9%
1993308,712M.$4.1%
1992317,479M.$4.1%
1991323,723M.$0.4%
1990323,210M.$-0.4%
1989307,719M.$3.5%
1988270,620M.$3.9%
1987212,732M.$5.8%
1986181,164M.$2.6%
1985174,084M.$4.1%
1984196,796M.$5.2%
1983179,168M.$4.6%
1982186,726M.$-2.2%
1981188,085M.$3.3%
1980162,643M.$3.4%
1979134,794M.$3.1%
1978118,401M.$4.1%
1977110,266M.$0.9%
1976104,974M.$3.6%
197597,227M.$2.6%
197488,906M.$1.3%
197363,782M.$4.1%
197252,004M.$2.6%
197145,183M.$3.9%
197041,305M.$4.0%
196936,659M.$7.2%
196832,688M.$7.1%
196730,421M.$5.1%
196627,289M.$6.3%
196525,963M.$2.4%
196423,788M.$6.0%
196321,528M.$7.0%
196219,912M.$6.2%
196119,666M.$1.3%
196018,593M.$2.5%
195918,578M.$
Evolution: GDP per capita Australia
DateGDP per capita GDP per capita GDP P.C. Annual GrowthGDP P.C. Annual Growth
201751,610€58,304$15.6%12.4%
201644,639€51,873$-11.6%1.0%
201550,492€51,344$8.8%-16.5%
201446,399€61,462$-8.3%-5.4%
201350,595€64,994$-3.0%-4.8%
201252,153€68,282$17.6%1.8%
201144,364€67,093$14.2%19.1%
201038,847€56,355$27.6%23.6%
200930,444€45,609$-8.8%-7.1%
200833,390€49,090$12.7%9.0%
200729,639€45,036$2.7%19.1%
200628,862€37,831$5.3%4.7%
200527,417€36,125$11.4%10.5%
200424,609€32,705$18.2%20.2%
200320,822€27,207$-2.3%25.8%
200221,314€21,636$-2.3%11.4%
200121,823€19,423$-7.1%-6.8%
200023,489€20,842$21.8%-4.0%
199919,281€21,717$6.8%
199820,343$-11.5%
199722,992$-0.5%
199623,110$10.8%
199520,866$5.9%
199419,703$13.1%
199317,423$-3.7%
199218,083$-2.9%
199118,627$-1.1%
199018,824$3.6%
198918,169$12.0%
198816,217$25.0%
198712,976$15.6%
198611,225$2.5%
198510,948$-12.8%
198412,553$8.5%
198311,572$-5.3%
198212,213$-2.3%
198112,506$13.8%
198010,988$18.3%
19799,287$12.6%
19788,246$6.1%
19777,770$3.9%
19767,481$6.9%
19756,998$8.0%
19746,479$35.9%
19734,767$20.8%
19723,947$13.0%
19713,493$5.8%
19703,303$10.5%
19692,989$9.8%
19682,722$5.6%
19672,578$10.1%
19662,342$2.7%
19652,280$7.0%
19642,130$8.4%
19631,966$6.1%
19621,854$-1.2%
19611,876$3.7%
19601,809$
Evolution: GDP growth rate Australia
Evolution: GDP per capita Australia
GDP Australia