GDP in Australia
Australia: GDP was 2.72 trillion constant LCU in 2025. ◆ Volatile
GDP in Australia, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2025, gdp in Australia stood at 2.72 trillion constant LCU. That is the highest value across all 66 years on record.
That represents a change of up 1.4% on the previous year and up 24.9% over ten years.
Over the whole period, gdp in Australia peaked at 2.72 trillion constant LCU in 2025 and was at its lowest, 328.72 billion constant LCU, in 1960.
That places Australia 69th out of 214 countries with data for 2025, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 400.90 billion constant LCU | 328.72 billion constant LCU | 503.14 billion constant LCU | 10 |
| 1970s | 623.22 billion constant LCU | 539.24 billion constant LCU | 703.86 billion constant LCU | 10 |
| 1980s | 830.35 billion constant LCU | 725.22 billion constant LCU | 976.47 billion constant LCU | 10 |
| 1990s | 1.14 trillion constant LCU | 1.01 trillion constant LCU | 1.35 trillion constant LCU | 10 |
| 2000s | 1.62 trillion constant LCU | 1.40 trillion constant LCU | 1.86 trillion constant LCU | 10 |
| 2010s | 2.15 trillion constant LCU | 1.90 trillion constant LCU | 2.40 trillion constant LCU | 10 |
| 2020s | 2.57 trillion constant LCU | 2.40 trillion constant LCU | 2.72 trillion constant LCU | 6 |
Countries ranked near Australia
More economy & growth data for Australia
- DEC alternative conversion factor 1.55 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) -521.00 million current LCU (2025)
- Net secondary income (Net current transfers from abroad) -337.19 million current US$ (2025)
- Taxes less subsidies on products 177.87 billion current LCU (2025)
- Taxes less subsidies on products 115.11 billion current US$ (2025)
- Net primary income (Net income from abroad) -77.35 billion current LCU (2025)
- Net primary income (Net income from abroad) -50.06 billion current US$ (2025)
- GNI per capita 97,831 current LCU (2025)
- GNI per capita, Atlas method 64,120 current US$ (2025)
- GNI 2.70 trillion current LCU (2025)
Frequently asked questions
- What is gdp in Australia?
- Gdp in Australia was 2.72 trillion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Australia?
- The highest recorded value was 2.72 trillion constant LCU in 2025.
- What is the lowest gdp recorded in Australia?
- The lowest recorded value was 328.72 billion constant LCU in 1960.
- How does Australia rank for gdp?
- Australia ranks 69th out of 214 countries with data for 2025.
- Is gdp rising or falling in Australia?
- Over the last ten years it is up 24.9%. The long-run trend across the full record is volatile.
- Where does this Australia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of GDP (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.