Australia Economy Statistics
Commonwealth of Australia · Oceania · Australia and New Zealand · Capital: Canberra
Key Indicators
GDP (Current USD)
$1.76T
GDP Per Capita (USD)
$64,603.986
GDP Growth Rate (%)
1.4%
Inflation Rate (%)
3.2%
Unemployment Rate (%)
4.1%
Government Debt (% of GDP)
57.9%
Foreign Direct Investment (USD)
$53.39B
Exports (% of GDP)
24.6%
Historical Trends
GDP (Current USD)
GDP Per Capita (USD)
GDP Growth Rate (%)
Inflation Rate (%)
Complete Data
GDP (Current USD)
| Year | Value | Change |
|---|---|---|
| 2024 | $1.76T | +1.3% |
| 2023 | $1.73T | +2.3% |
| 2022 | $1.70T | +8.7% |
| 2021 | $1.56T | +17.0% |
| 2020 | $1.33T | -4.6% |
| 2019 | $1.40T | -2.4% |
| 2018 | $1.43T | +7.7% |
| 2017 | $1.33T | +9.8% |
| 2016 | $1.21T | -10.7% |
| 2015 | $1.36T | -8.0% |
| 2014 | $1.47T | -6.9% |
| 2013 | $1.58T | +2.0% |
| 2012 | $1.55T | +10.7% |
| 2011 | $1.40T | +21.7% |
| 2010 | $1.15T | +23.7% |
| 2009 | $931.76B | -12.0% |
| 2008 | $1.06T | +23.6% |
| 2007 | $856.60B | +14.3% |
| 2006 | $749.71B | +7.6% |
| 2005 | $696.81B | — |
GDP Per Capita (USD)
| Year | Value | Change |
|---|---|---|
| 2024 | $64,603.986 | -0.7% |
| 2023 | $65,058.377 | -0.2% |
| 2022 | $65,169.519 | +7.3% |
| 2021 | $60,758.904 | +16.9% |
| 2020 | $51,983.452 | -5.8% |
| 2019 | $55,194.759 | -3.9% |
| 2018 | $57,410.174 | +6.1% |
| 2017 | $54,117.548 | +8.1% |
| 2016 | $50,084.444 | -12.1% |
| 2015 | $56,970.361 | -9.3% |
| 2014 | $62,817.206 | -8.3% |
| 2013 | $68,476.679 | +0.3% |
| 2012 | $68,301.44 | +8.8% |
| 2011 | $62,799.39 | +20.0% |
| 2010 | $52,313.894 | +21.8% |
| 2009 | $42,954.85 | -13.8% |
| 2008 | $49,811.207 | +21.1% |
| 2007 | $41,128.248 | +12.2% |
| 2006 | $36,658.824 | +6.1% |
| 2005 | $34,535.207 | — |
GDP Growth Rate (%)
| Year | Value | Change |
|---|---|---|
| 2024 | 1.37% | -61.7% |
| 2023 | 3.58% | -15.7% |
| 2022 | 4.25% | +111.9% |
| 2021 | 2.01% | +1603.3% |
| 2020 | -0.13% | -106.1% |
| 2019 | 2.19% | -23.7% |
| 2018 | 2.87% | +25.3% |
| 2017 | 2.29% | -16.8% |
| 2016 | 2.76% | +27.3% |
| 2015 | 2.16% | -16.8% |
| 2014 | 2.60% | -2.0% |
| 2013 | 2.65% | -32.8% |
| 2012 | 3.95% | +65.1% |
| 2011 | 2.39% | +8.4% |
| 2010 | 2.21% | +13.1% |
| 2009 | 1.95% | -46.1% |
| 2008 | 3.62% | -4.4% |
| 2007 | 3.79% | +36.8% |
| 2006 | 2.77% | -12.2% |
| 2005 | 3.16% | — |
Inflation Rate (%)
| Year | Value | Change |
|---|---|---|
| 2024 | 3.16% | -43.5% |
| 2023 | 5.60% | -15.1% |
| 2022 | 6.59% | +130.2% |
| 2021 | 2.86% | +238.2% |
| 2020 | 0.85% | -47.4% |
| 2019 | 1.61% | -15.7% |
| 2018 | 1.91% | -1.9% |
| 2017 | 1.95% | +52.6% |
| 2016 | 1.28% | -15.3% |
| 2015 | 1.51% | -39.4% |
| 2014 | 2.49% | +1.6% |
| 2013 | 2.45% | +39.0% |
| 2012 | 1.76% | -46.6% |
| 2011 | 3.30% | +13.2% |
| 2010 | 2.92% | +64.8% |
| 2009 | 1.77% | -59.3% |
| 2008 | 4.35% | +86.9% |
| 2007 | 2.33% | -34.5% |
| 2006 | 3.56% | +32.1% |
| 2005 | 2.69% | — |
Unemployment Rate (%)
| Year | Value | Change |
|---|---|---|
| 2025 | 4.09% | +3.8% |
| 2024 | 3.94% | +7.5% |
| 2023 | 3.67% | -1.6% |
| 2022 | 3.73% | -25.8% |
| 2021 | 5.02% | -21.5% |
| 2020 | 6.39% | +24.3% |
| 2019 | 5.14% | -3.8% |
| 2018 | 5.34% | -4.4% |
| 2017 | 5.59% | -2.1% |
| 2016 | 5.71% | -5.7% |
| 2015 | 6.05% | -0.4% |
| 2014 | 6.08% | +7.3% |
| 2013 | 5.66% | +8.4% |
| 2012 | 5.22% | +2.8% |
| 2011 | 5.08% | -2.5% |
| 2010 | 5.21% | -6.3% |
| 2009 | 5.57% | +31.2% |
| 2008 | 4.24% | -3.2% |
| 2007 | 4.38% | -8.4% |
| 2006 | 4.79% | — |
Government Debt (% of GDP)
| Year | Value | Change |
|---|---|---|
| 2022 | 57.88% | -17.1% |
| 2021 | 69.84% | +1.1% |
| 2020 | 69.07% | +15.1% |
| 2019 | 59.98% | +10.5% |
| 2018 | 54.30% | +2.3% |
| 2017 | 53.10% | -2.5% |
| 2016 | 54.46% | +17.6% |
| 2015 | 46.29% | +11.4% |
| 2014 | 41.54% | +11.1% |
| 2013 | 37.40% | -4.9% |
| 2012 | 39.31% | +31.0% |
| 2011 | 30.00% | +5.0% |
| 2010 | 28.57% | +20.1% |
| 2009 | 23.79% | +31.2% |
| 2008 | 18.14% | -9.6% |
| 2007 | 20.06% | -6.3% |
| 2006 | 21.40% | -4.3% |
| 2005 | 22.37% | -2.0% |
| 2004 | 22.82% | -8.8% |
| 2003 | 25.03% | — |
Foreign Direct Investment (USD)
| Year | Value | Change |
|---|---|---|
| 2024 | $53.39B | +51.2% |
| 2023 | $35.32B | -48.6% |
| 2022 | $68.71B | +118.5% |
| 2021 | $31.45B | +75.0% |
| 2020 | $17.98B | -53.6% |
| 2019 | $38.75B | -36.2% |
| 2018 | $60.69B | +25.9% |
| 2017 | $48.20B | +12.2% |
| 2016 | $42.97B | -8.4% |
| 2015 | $46.89B | -25.8% |
| 2014 | $63.20B | +16.0% |
| 2013 | $54.47B | -5.4% |
| 2012 | $57.57B | -12.2% |
| 2011 | $65.58B | +84.4% |
| 2010 | $35.55B | +22.9% |
| 2009 | $28.93B | -35.9% |
| 2008 | $45.17B | +1.6% |
| 2007 | $44.44B | +45.5% |
| 2006 | $30.55B | +221.8% |
| 2005 | $-25,093,141,435.19 | — |
Exports (% of GDP)
| Year | Value | Change |
|---|---|---|
| 2024 | 24.62% | -7.8% |
| 2023 | 26.70% | +4.9% |
| 2022 | 25.46% | +15.7% |
| 2021 | 22.00% | -8.1% |
| 2020 | 23.94% | -0.5% |
| 2019 | 24.06% | +10.3% |
| 2018 | 21.81% | +3.0% |
| 2017 | 21.17% | +10.3% |
| 2016 | 19.20% | -3.9% |
| 2015 | 19.98% | -4.8% |
| 2014 | 21.00% | +5.5% |
| 2013 | 19.89% | -7.1% |
| 2012 | 21.42% | +0.2% |
| 2011 | 21.37% | +8.3% |
| 2010 | 19.73% | -14.0% |
| 2009 | 22.94% | +14.1% |
| 2008 | 20.10% | -0.2% |
| 2007 | 20.15% | +1.6% |
| 2006 | 19.82% | +8.9% |
| 2005 | 18.20% | — |
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About Australia Economy Data
This page presents comprehensive economy statistics for Australia (Commonwealth of Australia), located in Oceania, Australia and New Zealand. All data is sourced from the World Bank's Open Data platform, which aggregates data from officially-recognized international sources.
The data covers 8 key indicators with historical trends going back to 2000. Each indicator includes the latest available value, year-over-year trends, and time series for in-depth analysis. Data is updated weekly from the World Bank API.
For global comparisons, visit our Economy Rankings page to see how Australia compares to other countries.