Australia: Gross Domestic Product (GDP)

* indicates monthly or quarterly data series
The most recent value is 677.68 billion Australian Dollar as of Q2 2024, an increase compared to the previous value of 649.33 billion Australian Dollar. Historically, the average for Australia from Q1 1960 to Q2 2024 is 175.59 billion Australian Dollar. The minimum of 3.93 billion Australian Dollar was recorded in Q1 1960, while the maximum of 689.32 billion Australian Dollar was reached in Q4 2023. Click on the following link to see the values of: Gross Domestic Product (GDP) around the world.
Select indicator
* indicates monthly or quarterly data series

Download data from our database



Recent values Australia: GDP, billion currency units
2024  Q2 677.68
2024  Q1 649.33
2023  Q4 689.32
2023  Q3 653.99
2023  Q2 649.9
2023  Q1 626.72
2022  Q4 660.03
2022  Q3 625.45


Download data from our database

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 3.02 2023 percent
 GDP, constant dollars 1,634.0 2023 billion U.S. dollars
 GDP, current U.S. dollars 1,723.83 2023 billion U.S. dollars
 GDP per capita, current dollars 64,711.77 2023 U.S. dollars
 GDP per capita, PPP 59,456 2023 U.S. dollars
 GDP per capita, constant dollars 61,340.71 2023 U.S. dollars
 Productivity, relative to the U.S. 86.18 2022 index points
 Productivity, current USD 78.7 2023 USD per hour worked
 Economic growth, quarterly 0.97 Q2/2024 percent
 Economic growth Q-on-Q 0.20 Q2/2024 percent
 Gross Domestic Product (GDP) 677.68 Q2/2024 billion
This site uses cookies.
Learn more here


OK