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Australia GDP

Australia's GDP is $1.56T in 2021 — ranked #13 in the world, accounting for 1.59% of global GDP.

ISO: AUSWorld rank: #13Member of: G20, OECD, East Asia & Pacific, High incomeSource: World Bank
$1.56T
GDP (2021)
$60,759
GDP per capita
1.59%
of world GDP

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Australia GDP history (2015–2024), per capita, growth and world share. Excel and CSV.

Key figures

IndicatorValueYear
GDP (current US$)$1.56T2021
GDP per capita$60,7592021
GDP growth+2.0%2021
Population25.7M2021
World GDP rank#132021
Share of world GDP1.59%2021

GDP history

Year-by-year GDP data for Australia.

$1.36T 2015 $1.21T 2016 $1.33T 2017 $1.43T 2018 $1.40T 2019 $1.33T 2020 $1.56T 2021 $1.70T 2022 $1.73T 2023 $1.76T 2024
YearGDPPer capitaGrowthRank% World
2024$1.76T$64,604+1.4%#141.58%
2023$1.73T$65,058+3.6%#141.62%
2022$1.70T$65,170+4.3%#131.66%
2021$1.56T$60,759+2.0%#131.59%
2020$1.33T$51,983-0.1%#131.55%
2019$1.40T$55,195+2.2%#141.58%
2018$1.43T$57,410+2.9%#131.65%
2017$1.33T$54,118+2.3%#131.63%
2016$1.21T$50,084+2.8%#141.58%
2015$1.36T$56,970+2.2%#131.79%

FAQ

What is the GDP of Australia?

Australia's GDP is $1.56T in 2021, ranking #13 in the world and making up 1.59% of global GDP.

What is Australia's GDP per capita?

GDP per capita is $60,759.

What share of world GDP is Australia?

Australia accounts for 1.59% of world GDP in 2021.

About. Figures from the World Bank's World Development Indicators. Full historical series (2015–2024) available in the download above.

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