Australia GDP
GDP nominal (2023)
$1,728,060,000,000
GDP growth rate
(2023) 3.44% 
(Current US Dollars). Sources include: World Bank, United Nations.
- 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 2022; 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 | 2.6% | $56,041 | 1.55% | 23,595,601 |
| 2013 | $1,577,120,000,000 | $1,288,880,000,000 | 2.6% | $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:
- World Bank - World Bank national accounts data, and OECD National Accounts data.
- World Population Prospects: The 2024 Revision - United Nations Population Division