The Gross Domestic Product (GDP) in Australia was worth 1432.20 billion US dollars in 2018. The GDP value of Australia represents 2.31 percent of the world economy. GDP in Australia averaged 435.12 USD Billion from 1960 until 2018, reaching an all time high of 1576.20 USD Billion in 2013 and a record low of 18.60 USD Billion in 1960.

GDP in Australia is expected to be 1580.00 USD Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia GDP is projected to trend around 1720.00 USD Billion in 2020, according to our econometric models.

Australia GDP
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Australia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.50 0.50 4.40 -2.00 percent [+]
GDP Annual Growth Rate 1.40 1.70 9.00 -3.40 percent [+]
GDP 1432.20 1330.80 1576.20 18.60 USD Billion [+]
GDP Constant Prices 465885.00 463653.00 465885.00 62496.00 AUD Million [+]
Gross National Product 464323.00 458794.00 464323.00 56544.00 AUD Million [+]
Gross Fixed Capital Formation 107275.00 109183.00 116849.00 9984.00 AUD Million [+]
GDP per capita 56919.40 56228.80 56919.40 19245.40 USD [+]
GDP per capita PPP 45439.30 44888.00 45439.30 27969.40 USD [+]
GDP From Agriculture 10618.00 10847.00 12517.00 3997.00 AUD Million [+]
GDP From Construction 33319.00 33781.00 36761.00 8476.00 AUD Million [+]
GDP From Manufacturing 25618.00 25986.00 30041.00 15947.00 AUD Million [+]
GDP From Mining 37875.00 36624.00 37875.00 5144.00 AUD Million [+]
GDP From Public Administration 24676.00 24231.00 24676.00 7902.00 AUD Million [+]
GDP From Utilities 11176.00 11210.00 11280.00 3850.00 AUD Million [+]


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. This page provides - Australia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia GDP - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1432.20 1330.80 1576.20 18.60 1960 - 2018 USD Billion Yearly
Current USD




Country Last Previous
United States 20494.10 Dec/18
Euro Area 13669.95 Dec/18
China 13608.15 Dec/18
Japan 4970.92 Dec/18
Germany 3996.76 Dec/18
United Kingdom 2825.21 Dec/18
France 2777.54 Dec/18
India 2726.32 Dec/18
Italy 2073.90 Dec/18
Brazil 1868.63 Dec/18
Canada 1709.30 Dec/18
Russia 1657.60 Dec/18
South Korea 1619.42 Dec/18
Australia 1432.20 Dec/18
Spain 1426.19 Dec/18
Mexico 1223.81 Dec/18
Indonesia 1042.17 Dec/18
Netherlands 912.87 Dec/18
Saudi Arabia 782.48 Dec/18
Turkey 766.51 Dec/18
Switzerland 705.50 Dec/18
Argentina 518.50 Dec/18
South Africa 366.30 Dec/18
Singapore 364.16 Dec/18


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