GDP in Australia
Australia: GDP was 2.78 trillion current LCU in 2025. ◆ Volatile
GDP in Australia, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Australia recorded 2.78 trillion current LCU for gdp in 2025. That is the highest value across all 66 years on record.
That represents a change of up 3.7% on the previous year and up 70.4% over ten years.
Over the whole period, gdp in Australia peaked at 2.78 trillion current LCU in 2025 and was at its lowest, 16.64 billion current LCU, in 1960.
Australia ranks 85th of 213 countries on this measure, 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 | 22.95 billion current LCU | 16.64 billion current LCU | 32.80 billion current LCU | 10 |
| 1970s | 70.76 billion current LCU | 36.96 billion current LCU | 118.92 billion current LCU | 10 |
| 1980s | 234.46 billion current LCU | 134.81 billion current LCU | 368.76 billion current LCU | 10 |
| 1990s | 495.42 billion current LCU | 405.24 billion current LCU | 622.92 billion current LCU | 10 |
| 2000s | 926.73 billion current LCU | 663.84 billion current LCU | 1.27 trillion current LCU | 10 |
| 2010s | 1.63 trillion current LCU | 1.31 trillion current LCU | 1.96 trillion current LCU | 10 |
| 2020s | 2.41 trillion current LCU | 1.99 trillion current LCU | 2.78 trillion current 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 2.78 trillion current 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 2.78 trillion current LCU in 2025.
- What is the lowest gdp recorded in Australia?
- The lowest recorded value was 16.64 billion current LCU in 1960.
- How does Australia rank for gdp?
- Australia ranks 85th out of 213 countries with data for 2025.
- Is gdp rising or falling in Australia?
- Over the last ten years it is up 70.4%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.