Australia: Gross Domestic Product (GDP)

(measure: billion Australian Dollar, source: Australian Bureau of Statistics)
* indicates monthly or quarterly data series

GDP, billion currency units in Australia, December, 2019: For that indicator, we provide data for Australia from Q1 1960 to Q4 2019. The average value for Australia during that period was 144.36 billion Australian Dollar with a minimum of 3.92 billion Australian Dollar in Q1 1960 and a maximum of 520.58 billion Australian Dollar in Q4 2019. Click on the following link to see the values of GDP, billion currency units around the world.
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* indicates monthly or quarterly data series
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Measure: billion Australian Dollar
Source: Australian Bureau of Statistics

Definition: The Gross Domestic Product (GDP) is the sum of the gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. The data are in billion local currency units using current prices.
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