Gross Domestic Product of Australia grew 3.2% in 2004 compared to last year. This rate is 10 -tenths of one percent less than the figure of 4.2% published in 2003.
The GDP figure in 2004 was €529,526$658,379 million, Australia is number 14 in the ranking of GDP of the 195 countries that we publish. The absolute value of GDP in Australia rose €51,180$117,429 million with respect to 2003.
The GDP per capita of Australia in 2004 was €26,416$32,843, €2,290$5,560 higher than in 2003, it was €24,126$27,283.
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 23th 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.