The Gross Domestic Product (GDP) in Australia was worth 1323.42 billion US dollars in 2017. The GDP value of Australia represents 2.13 percent of the world economy. GDP in Australia averaged 417.40 USD Billion from 1960 until 2017, reaching an all time high of 1573.70 USD Billion in 2013 and a record low of 18.60 USD Billion in 1960.

GDP in Australia is expected to be 1450.00 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 0.20 0.30 4.40 -2.00 percent [+]
GDP Annual Growth Rate 2.30 2.70 9.00 -3.40 percent [+]
GDP 1323.42 1208.00 1573.70 18.60 USD Billion [+]
GDP Constant Prices 461547.00 460729.00 461547.00 62496.00 AUD Million [+]
Gross National Product 453201.00 448330.00 453201.00 56544.00 AUD Million [+]
Gross Fixed Capital Formation 110681.00 111795.00 116855.00 9984.00 AUD Million [+]
GDP per capita 55925.93 55731.50 55925.93 19254.58 USD [+]
GDP per capita PPP 44648.71 44493.50 44648.71 27969.10 USD [+]
GDP From Agriculture 10698.00 11057.00 12500.00 3997.00 AUD Million [+]
GDP From Construction 34105.00 34776.00 36785.00 8476.00 AUD Million [+]
GDP From Manufacturing 25824.00 26139.00 30040.00 15947.00 AUD Million [+]
GDP From Mining 36287.00 35864.00 36287.00 5144.00 AUD Million [+]
GDP From Public Administration 24447.00 23874.00 24447.00 7902.00 AUD Million [+]
GDP From Utilities 11122.00 11287.00 11287.00 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
1323.42 1208.00 1573.70 18.60 1960 - 2017 USD Billion Yearly
Current USD




Country Last Previous
United States 19390.60 Dec/17
Euro Area 12589.50 Dec/17
China 12237.70 Dec/17
Japan 4872.14 Dec/17
Germany 3677.44 Dec/17
United Kingdom 2622.43 Dec/17
India 2600.82 Dec/17
France 2582.50 Dec/17
Brazil 2055.51 Dec/17
Italy 1934.80 Dec/17
Canada 1653.04 Dec/17
Russia 1577.52 Dec/17
South Korea 1530.75 Dec/17
Australia 1323.42 Dec/17
Spain 1311.32 Dec/17
Mexico 1150.89 Dec/17
Indonesia 1015.54 Dec/17
Turkey 851.10 Dec/17
Netherlands 826.20 Dec/17
Saudi Arabia 683.83 Dec/17
Switzerland 678.89 Dec/17
Argentina 637.59 Dec/17
South Africa 349.42 Dec/17
Singapore 323.91 Dec/17


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