Australia GDP - Gross Domestic Product 2024

GDP Australia 2024

GDP improves in Australia

Gross Domestic Product of Australia grew 1.1% in 2024 compared to last year. This rate is 3 -tenths of one percent less than the figure of 1.4% published in 2023.

The GDP figure in 2024 was €1,660,550$1,830,610 million, Australia is number 14 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Australia rose €49,517$54,982 million with respect to 2023.

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.

Quarterly GDP at market prices 2024

Date	Quarterly GDP	Quarterly GDP	Quat. GDP Growth (%)	Quat. GDP Annual Growth (%)
2024Q4	€422,291M	$395,652M	0.6%	1.3%
2024Q3	€414,362M	$377,066M	0.3%	0.8%
2024Q2	€414,193M	$384,682M	0.2%	0.9%
2024Q1	€408,508M	$376,670M	0.1%	1.2%
< GDP Australia 2023GDP Australia 2025 >

Quaterly GDP Per Capita 2024

Date	Qu. GDP Per Capita	Qu. GDP P.C. Qu. Growth	Qu. GDP P.C. An. Growth	Qu. GDP Per Capita $	Qu. GDP P.C. An. Growth	Qu. GDP P.C. Qu. Growth
2024Q4	15,669K	1.9%	4.9%	$14,680	5.5%	4.9%
2024Q3	15,375K	0.0%	2.4%	$13,991	1.8%	-2.0%
2024Q2	15,368K	1.4%	1.7%	$14,273	4.7%	2.1%
2024Q1	15,157K	1.5%	-3.7%	$13,976	-3.7%	0.5%
< GDP Australia 2023GDP Australia 2025 >

Evolution: Annual GDP Australia

Date	Annual GDP	Annual GDP	GDP Growth (%)
2024	€1,660,550M	$1,830,610M	1.1%
2023	€1,611,033M	$1,775,628M	1.4%
2022	€1,637,251M	$1,780,937M	3.4%
2021	€1,399,076M	$1,750,516M	4.2%
2020	€1,193,933M	$1,435,444M	2.1%
2019	€1,238,192M	$1,377,584M	-0.1%
2018	€1,199,470M	$1,454,947M	2.2%
2017	€1,222,997M	$1,411,790M	2.9%
2016	€1,141,024M	$1,306,599M	2.3%
2015	€1,112,016M	$1,245,531M	2.8%
2014	€1,096,397M	$1,464,052M	2.2%
2013	€1,144,384M	$1,543,992M	2.6%
2012	€1,221,325M	$1,591,706M	2.6%
2011	€1,088,953M	$1,548,009M	3.9%
2010	€945,601M	$1,301,240M	2.4%
2009	€718,331M	$1,017,262M	2.2%
2008	€718,457M	$1,058,098M	1.9%
2007	€693,175M	$987,077M	3.6%
2006	€623,929M	$820,064M	3.8%
2005	€591,676M	$763,349M	2.8%
2004	€529,817M	$680,596M	3.2%
2003	€478,527M	$560,400M	4.2%
2002	€450,327M	$436,338M	3.1%
2001	€422,174M	$391,243M	4.0%
2000	€433,192M	$410,129M	2.0%
1999	€386,159M	$427,545M	3.9%
1998		$390,624M	5.0%
1997		$437,323M	4.7%
1996		$435,622M	3.9%
1995		$392,110M	3.9%
1994		$362,527M	3.9%
1993		$317,306M	4.0%
1992		$326,244M	4.0%
1991		$329,720M	0.4%
1990		$324,210M	-0.4%
1989		$320,025M	3.6%
1988		$287,739M	3.9%
1987		$227,270M	5.8%
1986		$191,424M	2.6%
1985		$182,189M	4.0%
1984		$206,669M	5.3%
1983		$192,514M	4.6%
1982		$192,130M	-2.2%
1981		$202,088M	3.3%
1980		$173,482M	3.3%
1979		$150,467M	3.0%
1978		$135,926M	4.1%
1977		$116,496M	0.9%
1976		$117,569M	3.6%
1975		$109,114M	2.6%
1974		$102,281M	1.3%
1973		$85,729M	4.1%
1972		$59,404M	2.6%
1971		$50,470M	3.9%
1970		$45,218M	4.0%
1969		$41,335M	7.2%
1968		$36,684M	7.0%
1967		$32,714M	5.1%
1966		$30,443M	6.3%
1965		$27,309M	2.4%
1964		$25,977M	6.0%
1963		$23,801M	7.0%
1962		$21,541M	6.2%
1961		$19,924M	1.3%
1960		$19,684M	2.5%
1959		$18,608M

Evolution: GDP per capita Australia

Date	GDP per capita	GDP per capita	GDP P.C. Annual Growth	GDP P.C. Annual Growth
2024	€61,614	$67,924	3.1%	5.1%
2023	€59,776	$64,652	-3.9%	-1.4%
2022	€62,222	$65,574	14.6%	2.1%
2021	€54,288	$64,251	16.5%	20.9%
2020	€46,582	$53,163	-4.0%	-2.1%
2019	€48,518	$54,320	1.7%	-3.6%
2018	€47,700	$56,357	-3.4%	1.0%
2017	€49,396	$55,782	5.6%	7.7%
2016	€46,792	$51,780	0.9%	0.7%
2015	€46,364	$51,446	0.0%	-16.5%
2014	€46,378	$61,629	-5.6%	-5.5%
2013	€49,120	$65,238	-7.8%	-4.7%
2012	€53,268	$68,481	10.2%	1.8%
2011	€48,350	$67,289	13.4%	18.9%
2010	€42,648	$56,585	29.8%	23.6%
2009	€32,852	$45,772	-1.8%	-7.0%
2008	€33,455	$49,198	1.4%	8.8%
2007	€32,983	$45,208	9.0%	19.0%
2006	€30,247	$37,981	3.8%	4.7%
2005	€29,130	$36,260	10.2%	10.3%
2004	€26,430	$32,861	9.5%	20.4%
2003	€24,135	$27,294	5.1%	25.8%
2002	€22,969	$21,704	5.5%	11.3%
2001	€21,777	$19,504	-3.8%	-6.7%
2000	€22,632	$20,912	10.9%	-4.0%
1999	€20,411	$21,775		6.8%
1998		$20,395		-11.5%
1997		$23,036		-0.6%
1996		$23,168		10.7%
1995		$20,929		6.0%
1994		$19,749		13.1%
1993		$17,456		-3.6%
1992		$18,113		-3.0%
1991		$18,668		-1.1%
1990		$18,878		3.7%
1989		$18,209		12.1%
1988		$16,245		25.0%
1987		$12,998		15.6%
1986		$11,245		2.5%
1985		$10,967		-12.8%
1984		$12,575		8.5%
1983		$11,592		-5.3%
1982		$12,234		-2.3%
1981		$12,528		13.8%
1980		$11,007		6.2%
1979		$10,367		9.5%
1978		$9,467		15.3%
1977		$8,209		-2.0%
1976		$8,378		6.7%
1975		$7,854		5.4%
1974		$7,453		16.3%
1973		$6,407		42.1%
1972		$4,508		15.6%
1971		$3,901		7.9%
1970		$3,615		7.3%
1969		$3,371		10.3%
1968		$3,055		10.2%
1967		$2,773		6.1%
1966		$2,613		9.0%
1965		$2,398		3.1%
1964		$2,326		7.0%
1963		$2,174		8.4%
1962		$2,005		5.5%
1961		$1,901		-0.8%
1960		$1,915

Evolution: GDP growth rate at constant prices Australia

Evolution: GDP per capita Australia

GDP Australia