Australia: Gross Domestic Product (GDP)
* indicates monthly or quarterly data series
The most recent value is 712.46 billion Australian Dollar as of Q1 2026, a decline compared to the previous value of 758.99 billion Australian Dollar. Historically, the average for Australia from Q1 1960 to Q1 2026 is 190.13 billion Australian Dollar. The minimum of 3.94 billion Australian Dollar was recorded in Q1 1960, while the maximum of 758.99 billion Australian Dollar was reached in Q4 2025.
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* indicates monthly or quarterly data series
- Measure: billion Australian Dollar
- Source: OECD
| Recent values | Australia: GDP, billion currency units |
|---|---|
| 2026 Q1 | 712.46 |
| 2025 Q4 | 758.99 |
| 2025 Q3 | 714.74 |
| 2025 Q2 | 706.05 |
| 2025 Q1 | 676.31 |
| 2024 Q4 | 716.18 |
| 2024 Q3 | 678.68 |
| 2024 Q2 | 678.94 |
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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.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Economic growth | 1.37 | 2024 | percent |
| GDP, constant dollars | 1,694.7 | 2025 | billion U.S. dollars |
| GDP, current U.S. dollars | 1,757.02 | 2024 | billion U.S. dollars |
| GDP per capita, current dollars | 65,129.72 | 2025 | U.S. dollars |
| GDP per capita, PPP | 60,304 | 2024 | U.S. dollars |
| GDP per capita, constant dollars | 61,480.67 | 2024 | U.S. dollars |
| Productivity, relative to the U.S. | 86.18 | 2022 | index points |
| Productivity, current USD | 85.2 | 2024 | USD per hour worked |
| Economic growth, quarterly | 2.56 | Q4/2025 | percent |
| Economic growth Q-on-Q | 0.79 | Q4/2025 | percent |
| Gross Domestic Product (GDP) | 712.46 | Q1/2026 | billion |