Australia GDP

GDP nominal (2023)
$1,728,060,000,000
(Current US Dollars). Sources include: World Bank, United Nations.
GDP growth rate (2023)

3.44%

  • Nominal (current) Gross Domestic Product (GDP) of Australia is $1,728,060,000,000 (USD) as of 2023.
  • Real GDP (constant, inflation adjusted) of Australia reached $1,641,760,000,000 in 2023.
  • GDP Growth Rate in 2023 was 3.44%, representing a change of 54,630,000,000 US$ over 2022, when Real GDP was $1,587,130,000,000.
  • GDP per Capita in Australia (with a population of 26,451,124 people) was $62,068 in 2023, an increase of $1,492 from $60,575 in 2021; this represents a change of 2.5% in GDP per capita.
Australia GDP (Nominal, $USD) 1993-2023
GDP change (%)

Gross Domestic Product (GDP) of Australia

Year GDP Nominal
(Current USD) 		GDP Real
(Inflation adj.) 		GDP
change		 GDP per capita Pop.
change		 Population
2023 $1,728,060,000,000 $1,641,760,000,000 3.44% $62,068 0.95 % 26,451,124
2022 $1,690,860,000,000 $1,587,130,000,000 4.24% $60,575 0.94 % 26,200,984
2021 $1,556,740,000,000 $1,522,540,000,000 2.11% $58,658 0.83 % 25,956,417
2020 $1,328,410,000,000 $1,491,060,000,000 -0.12% $57,919 1.02 % 25,743,791
2019 $1,392,720,000,000 $1,492,850,000,000 2.17% $58,583 1.45 % 25,482,714
2018 $1,427,810,000,000 $1,461,120,000,000 2.88% $58,166 1.57 % 25,119,706
2017 $1,325,580,000,000 $1,420,240,000,000 2.28% $57,427 1.65 % 24,731,038
2016 $1,206,840,000,000 $1,388,580,000,000 2.76% $57,073 1.59 % 24,329,963
2015 $1,351,300,000,000 $1,351,300,000,000 2.19% $56,426 1.49 % 23,948,002
2014 $1,468,270,000,000 $1,322,330,000,000 2.60% $56,041 1.55 % 23,595,601
2013 $1,577,120,000,000 $1,288,880,000,000 2.60% $55,468 1.68 % 23,236,270
2012 $1,547,530,000,000 $1,256,200,000,000 3.92% $54,970 1.66 % 22,852,644
2011 $1,398,610,000,000 $1,208,850,000,000 2.41% $53,775 1.53 % 22,479,775
2010 $1,148,840,000,000 $1,180,440,000,000 2.22% $53,313 1.65 % 22,141,581
2009 $928,762,000,000 $1,154,800,000,000 1.89% $53,014 1.93 % 21,783,011
2008 $1,056,110,000,000 $1,133,350,000,000 3.59% $53,033 1.99 % 21,370,589
2007 $855,007,000,000 $1,094,110,000,000 3.77% $52,213 1.77 % 20,954,549
2006 $748,418,000,000 $1,054,330,000,000 2.76% $51,205 1.46 % 20,590,559
2005 $695,693,000,000 $1,026,060,000,000 3.15% $50,559 1.24 % 20,294,490
2004 $614,660,000,000 $994,683,000,000 4.22% $49,618 1.15 % 20,046,677
2003 $467,739,000,000 $954,368,000,000 3.09% $48,153 1.14 % 19,819,454
2002 $395,789,000,000 $925,755,000,000 3.98% $47,244 1.19 % 19,595,355
2001 $379,629,000,000 $890,324,000,000 2.03% $45,975 1.22 % 19,365,433
2000 $416,168,000,000 $872,652,000,000 3.92% $45,611 1.18 % 19,132,471
1999 $389,652,000,000 $839,722,000,000 5.03% $44,406 1.11 % 18,909,981
1998 $399,674,000,000 $799,524,000,000 4.66% $42,751 1.06 % 18,701,717
1997 $435,643,000,000 $763,902,000,000 3.91% $41,281 1.09 % 18,504,912
1996 $401,342,000,000 $735,134,000,000 3.86% $40,160 1.16 % 18,305,307
1995 $368,166,000,000 $707,786,000,000 3.89% $39,114 1.11 % 18,095,344
1994 $322,807,000,000 $681,311,000,000 3.98% $38,068 0.98 % 17,897,433
1993 $312,134,000,000 $655,230,000,000 4.05% $36,971 0.99 % 17,722,911
Sources:

See also