Australia GDP Annual Growth Rate  1960-2017 | Data | Chart | Calendar

Australia's gross domestic product advanced 2.4 percent year-on-year in the fourth quarter of 2016, following an upwardly revised 1.9 percent expansion in the previous period and above consensus of an 1.9 percent growth. GDP Annual Growth Rate in Australia averaged 3.48 percent from 1960 until 2016, reaching an all time high of 9 percent in the first quarter of 1967 and a record low of -3.40 percent in the second quarter of 1983.

Australia GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-07 01:30 AM Q2 3.3% 3.1% 3.4% 3%
2016-12-07 12:30 AM Q3 1.8% 3.3% 2.5% 2.6%
2017-03-01 12:30 AM Q4 2.4% 1.8% 1.9% 1.8%
2017-06-07 01:30 AM Q1 2.4% 2.4%
2017-09-06 01:30 AM Q2 2.8%
2017-12-07 12:30 AM Q3 2.7%




Australia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.10 -0.50 4.40 -2.10 percent [+]
GDP Annual Growth Rate 2.40 1.90 9.00 -3.40 percent [+]
GDP 1339.54 1454.68 1563.90 18.60 USD Billion [+]
GDP Constant Prices 422505.00 417974.00 422505.00 60438.00 AUD Million [+]
Gross National Product 417164.00 406142.00 417164.00 55132.00 AUD Million [+]
Gross Fixed Capital Formation 103943.00 101298.00 114435.00 9479.00 AUD Million [+]
GDP per capita 54688.45 54240.50 54688.45 19172.27 USD [+]
GDP per capita PPP 43631.20 43273.80 43631.20 27874.89 USD [+]
GDP From Agriculture 10975.00 10136.00 10975.00 3301.00 AUD Million [+]
GDP From Construction 31849.00 32242.00 33825.00 7962.00 AUD Million [+]
GDP From Manufacturing 24296.00 24600.00 29211.00 15598.00 AUD Million [+]
GDP From Mining 29336.00 28358.00 29608.00 4490.00 AUD Million [+]
GDP From Public Administration 23034.00 22751.00 23034.00 7406.00 AUD Million [+]
GDP From Utilities 10658.00 10676.00 10761.00 3808.00 AUD Million [+]


Australia GDP Annual Growth Rate Notes

Australia's economy is dominated by the service sector (65 percent of total GDP). Yet its economic success in recent years has been based on the mining (13.5 percent of GDP) and agriculture (2 percent of GDP) as the country is a major exporter of commodities. Other sectors include: manufacturing (11 percent) and construction (9.5 percent). . This page provides - Australia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.40 1.90 9.00 -3.40 1960 - 2016 percent Quarterly
SA



gdp annual growth rate by Country

Last
India 7.00 Dec/16
China 6.90 Mar/17
Indonesia 5.01 Mar/17
Turkey 3.50 Dec/16
Netherlands 3.40 Mar/17
Spain 3.00 Mar/17
Mexico 2.80 Mar/17
South Korea 2.70 Mar/17
Australia 2.40 Dec/16
United Kingdom 2.00 Mar/17
United States 2.00 Mar/17
Canada 1.90 Dec/16
Euro Area 1.70 Mar/17
Germany 1.70 Mar/17
Japan 1.60 Mar/17
France 0.80 Mar/17
Italy 0.80 Mar/17
Switzerland 0.60 Dec/16
Russia 0.50 Mar/17
Brazil -2.50 Dec/16