Gross Domestic Product of Australia grew 3.6% in 2007 compared to last year. This rate is 2 -tenths of one percent less than the figure of 3.8% published in 2006.
The GDP figure in 2007 was €692,405$949,037 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 €69,311$166,639 million with respect to 2006.
The GDP per capita of Australia in 2007 was €32,946$45,158, €2,739$7,228 higher than in 2006, it was €30,207$37,930.
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 18th 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.