Australia GDP
Animated chart · GDP (current US$) · 1960–2024
$1.76T2024 (latest)
+9,328%since 1960
$1.76Tpeak (2024)
65years of data
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Australia GDP rose from $18.6B in 1960 to $1.76T in 2024 — 9,328% higher over 64 years, a compound 7.4% a year. It sits at its highest level on record in 2024. The sharpest single-year move was +39% in 1974, against a 12% fall in 2009. Over the past decade it rose 19%.
The data
| Year | GDP |
|---|---|
| 2024 | $1.76T |
| 2023 | $1.73T |
| 2022 | $1.70T |
| 2021 | $1.56T |
| 2020 | $1.33T |
| 2019 | $1.40T |
| 2018 | $1.43T |
| 2017 | $1.33T |
| 2016 | $1.21T |
| 2015 | $1.36T |
| 2014 | $1.47T |
| 2013 | $1.58T |
| 2012 | $1.55T |
| 2011 | $1.40T |
| 2010 | $1.15T |
| 2009 | $931.8B |
| 2008 | $1.06T |
| 2007 | $856.6B |
| 2006 | $749.7B |
| 2005 | $696.8B |
| 2004 | $615.6B |
| 2003 | $468.5B |
| 2002 | $396.4B |
| 2001 | $380.4B |
| 2000 | $416.9B |
| 1999 | $390.3B |
| 1998 | $400.4B |
| 1997 | $436.3B |
| 1996 | $402.0B |
| 1995 | $368.7B |
| 1994 | $323.3B |
| 1993 | $312.6B |
| 1992 | $326.0B |
| 1991 | $326.4B |
| 1990 | $311.8B |
| 1989 | $300.3B |
| 1988 | $236.5B |
| 1987 | $189.7B |
| 1986 | $182.7B |
| 1985 | $180.9B |
| 1984 | $193.7B |
| 1983 | $177.5B |
| 1982 | $194.3B |
| 1981 | $177.2B |
| 1980 | $150.2B |
| 1979 | $135.1B |
| 1978 | $118.7B |
| 1977 | $110.5B |
| 1976 | $105.2B |
| 1975 | $97.4B |
| 1974 | $89.1B |
| 1973 | $63.9B |
| 1972 | $52.1B |
| 1971 | $45.3B |
| 1970 | $41.4B |
| 1969 | $36.7B |
| 1968 | $32.8B |
| 1967 | $30.5B |
| 1966 | $27.3B |
| 1965 | $26.0B |
| 1964 | $23.8B |
| 1963 | $21.6B |
| 1962 | $20.0B |
| 1961 | $19.7B |
| 1960 | $18.6B |
Data: World Bank (World Development Indicators), indicator NY.GDP.MKTP.CD. Licensed CC BY 4.0.
Frequently asked questions
What is Australia's GDP in 2024?
Australia's GDP was $1.76T in 2024, from the World Bank's GDP (current US$) series.
How much has Australia's GDP grown since 1960?
It rose from $18.6B in 1960 to $1.76T in 2024 — 9,328% higher, about 7.4% a year.
When was Australia's GDP at its highest?
It is at its highest on record in 2024, at $1.76T.
Where does this GDP chart get its data?
The World Bank's World Development Indicators (series NY.GDP.MKTP.CD), licensed CC BY 4.0. Kitegraph charts it and lets you export an animated video.