Gross value added at basic prices (GVA) in Australia
Australia: Gross value added at basic prices (GVA) was 2.54 trillion constant LCU in 2025. ▲ Rising
Gross value added at basic prices (GVA) in Australia, 1975–2025
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in Australia is 2.54 trillion constant LCU, measured in 2025. That is the highest value across all 51 years on record.
Compared with earlier readings it is up 1.2% on the previous year and up 25.3% over ten years.
Over the whole period, gross value added at basic prices (gva) in Australia peaked at 2.54 trillion constant LCU in 2025 and was at its lowest, 568.42 billion constant LCU, in 1975.
That places Australia 65th out of 197 countries with data for 2025, putting it in the middle of the range.
The long-run direction has been consistently rising across the 51 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 598.31 billion constant LCU | 568.42 billion constant LCU | 637.55 billion constant LCU | 5 |
| 1980s | 750.08 billion constant LCU | 653.68 billion constant LCU | 895.27 billion constant LCU | 10 |
| 1990s | 1.04 trillion constant LCU | 931.78 billion constant LCU | 1.24 trillion constant LCU | 10 |
| 2000s | 1.50 trillion constant LCU | 1.29 trillion constant LCU | 1.72 trillion constant LCU | 10 |
| 2010s | 2.00 trillion constant LCU | 1.76 trillion constant LCU | 2.25 trillion constant LCU | 10 |
| 2020s | 2.41 trillion constant LCU | 2.25 trillion constant LCU | 2.54 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 gross value added at basic prices (gva) in Australia?
- Gross value added at basic prices (gva) in Australia was 2.54 trillion constant LCU in 2025, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Australia?
- The highest recorded value was 2.54 trillion constant LCU in 2025.
- What is the lowest gross value added at basic prices (gva) recorded in Australia?
- The lowest recorded value was 568.42 billion constant LCU in 1975.
- How does Australia rank for gross value added at basic prices (gva)?
- Australia ranks 65th out of 197 countries with data for 2025.
- Is gross value added at basic prices (gva) rising or falling in Australia?
- Over the last ten years it is up 25.3%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.