Name: Australia GDP
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Australia,GDP,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

The Gross Domestic Product (GDP) in Australia was worth 1330.90 billion US dollars in 2020, according to official data from the World Bank. The GDP value of Australia represents 1.18 percent of the world economy. source: World Bank

GDP in Australia averaged 465.55 USD Billion from 1960 until 2020, reaching an all time high of 1576.20 USD Billion in 2013 and a record low of 18.60 USD Billion in 1960. This page provides - Australia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia GDP - values, historical data and charts - was last updated on May of 2022.

GDP in Australia is expected to reach 1370.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia GDP is projected to trend around 1450.00 USD Billion in 2022 and 1550.00 USD Billion in 2023, according to our econometric models.

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Related	Last	Previous	Unit	Reference
GDP	1330.90	1396.60	USD Billion	Dec 2020
GDP per capita	58020.45	58923.21	USD	Dec 2020
GDP per capita PPP	48697.84	49455.54	USD	Dec 2020
GDP From Utilities	11684.00	11798.00	AUD Million	Dec 2021
GDP From Public Administration	28448.00	27988.00	AUD Million	Dec 2021
GDP From Mining	49606.00	50129.00	AUD Million	Dec 2021
GDP From Manufacturing	29254.00	28747.00	AUD Million	Dec 2021
GDP From Construction	36525.00	35834.00	AUD Million	Dec 2021
GDP From Agriculture	14942.00	13706.00	AUD Million	Dec 2021

Australia GDP

The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.