Gross Domestic Product of Australia grew 0.2% in the third quarter of 2023 compared to the previous quarter. This rate is the same than in the previous quarter.
The year-on-year change in GDP was 1%, 3 -tenths of one percent less than the 1.3% recorded in the first quarter of 2024.
The GDP figure in the third quarter of 2023 was €393,722$361,745 million, Australia is number 13 in the ranking of quarterly GDP of the 53 countries that we publish.
Australia has a quarterly GDP per capita, of €14,961$14,961, less than the same period last year, when it was €16,498 $16,498 .
If we order the countries according to their GDP per capita, Australia is in 9th position of the 53 countries whose quarterly 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.