The Gross Domestic Product (GDP) in Australia expanded 2.10 percent in the second quarter of 2026 over the same quarter of the previous year, slowing from 2.5% in Q1, the softest pace in three quarters, but still above the 1.8% consensus. source: Australian Bureau of Statistics

The Gross Domestic Product (GDP) in Australia expanded 2.10 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Australia averaged 3.31 percent from 1960 until 2026, reaching an all time high of 10.20 percent in the second quarter of 2021 and a record low of -5.80 percent in the second quarter of 2020. This page provides - Australia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.

The Gross Domestic Product (GDP) in Australia expanded 2.10 percent in the second quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Australia is expected to be 1.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia GDP Annual Growth Rate is projected to trend around 1.50 percent in 2027 and 2.30 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-03 01:30 AM
GDP Growth Rate YoY
Q1 2.5% 2.5% 2.7% 2.5%
2026-09-02 01:30 AM
GDP Growth Rate YoY
Q2 2.1% 2.5% 1.8% 1.6%
2026-12-02 12:30 AM
GDP Growth Rate YoY
Q3 2.1% 1.4%


Related Last Previous Unit Reference
GDP Growth Rate YoY 2.10 2.50 percent Jun 2026
GDP Constant Prices 699461.00 696539.00 AUD Million Jun 2026
GDP from Agriculture 15481.00 15445.00 AUD Million Jun 2026
GDP from Construction 49066.00 48873.00 AUD Million Jun 2026
GDP from Manufacturing 35269.00 35966.00 AUD Million Jun 2026
GDP from Mining 70429.00 69601.00 AUD Million Jun 2026
GDP from Public Administration 36204.00 36132.00 AUD Million Jun 2026
GDP from Utilities 14847.00 14869.00 AUD Million Jun 2026
GDP Growth Rate 0.40 0.30 percent Jun 2026
GDP Capital Expenditure 175281.00 175802.00 AUD Million Jun 2026
Gross National Income 670018.00 669527.00 AUD Million Jun 2026


Australia GDP Annual Growth Rate
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).
Actual Previous Highest Lowest Dates Unit Frequency
2.10 2.50 10.20 -5.80 1960 - 2026 percent Quarterly
SA