Gross Domestic Product of Australia grew 1% in the first quarter of 2018 compared to the previous quarter. This rate is 5 -tenths of one percent higher than the figure of 0.5% published in the forth quarter of 2017.
The year-on-year change in GDP was 3.1%, 7 -tenths of one percent more than the 2.4% recorded in the forth quarter of 2017.
The GDP figure in the first quarter of 2018 was €296,951$241,581 million, Australia is number 13 in the ranking of quarterly GDP of the 50 countries that we publish.
Australia has a quarterly GDP per capita, of €12,072$12,072, less than the same period last year, when it was €13,040 $13,040 .
If we order the countries according to their GDP per capita, Australia is in 8th position of the 50 countries whose quarterly GDP we publish.