Gross Domestic Product of Australia grew 4.2% in 2003 compared to last year. This rate is 11 -tenths of one percent higher than the figure of 3.1% published in 2002.
The GDP figure in 2003 was €478,346$540,950 million, Australia is number 15 in the ranking of GDP of the 195 countries that we publish. The absolute value of GDP in Australia rose €28,444$115,835 million with respect to 2002.
The GDP per capita of Australia in 2003 was €24,126$27,283, €1,178$5,599 higher than in 2002, it was €22,948$21,684.
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 26th 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.