Gross Domestic Product of Australia grew 4% in 2001 compared to last year. This rate is 20 -tenths of one percent higher than the figure of 2% published in 2000.
The GDP figure in 2001 was €421,518$391,243 million, Australia is number 15 in the ranking of GDP of the 195 countries that we publish. The absolute value of GDP in Australia dropped €10,994$18,886 million with respect to 2000.
The GDP per capita of Australia in 2001 was €21,743$19,474, €853$1,405 less than in 2000, when it was €22,596$20,879.
If we order the countries according to their GDP per capita, Australia is well positioned in terms of the standard of living of its population, coming 29th out of the 195 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.