Australia Gross Domestic Product: Nominal
Adjusted Savings: Consumption of Fixed Capital
AU: Adjusted Savings: Consumption of Fixed Capital data was reported at 265.793 USD bn in 2021. This records an increase from the previous number of 230.356 USD bn for 2020. AU: Adjusted Savings: Consumption of Fixed Capital data is updated yearly, averaging 61.919 USD bn from Dec 1970 (Median) to 2021, with 52 observations. The data reached an all-time high of 265.793 USD bn in 2021 and a record low of 6.914 USD bn in 1970. AU: Adjusted Savings: Consumption of Fixed Capital data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Consumption of fixed capital represents the replacement value of capital used up in the process of production.;World Bank staff estimates using data from the United Nations Statistics Division's National Accounts Statistics.;;
| Last | Frequency | Range |
|---|---|---|
| 265,793.433 2021 | yearly | 1970 - 2021 |
View Australia's Adjusted Savings: Consumption of Fixed Capital from 1970 to 2021 in the chart:
Adjusted Savings: Consumption of Fixed Capital: % of GNI
AU: Adjusted Savings: Consumption of Fixed Capital: % of GNI data was reported at 17.310 % in 2021. This records a decrease from the previous number of 17.760 % for 2020. AU: Adjusted Savings: Consumption of Fixed Capital: % of GNI data is updated yearly, averaging 16.977 % from Dec 1970 (Median) to 2021, with 52 observations. The data reached an all-time high of 18.629 % in 2015 and a record low of 14.960 % in 1976. AU: Adjusted Savings: Consumption of Fixed Capital: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Consumption of fixed capital represents the replacement value of capital used up in the process of production.;World Bank staff estimates using data from the United Nations Statistics Division's National Accounts Statistics.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 17.310 2021 | yearly | 1970 - 2021 |
View Australia's Adjusted Savings: Consumption of Fixed Capital: % of GNI from 1970 to 2021 in the chart:
Adjusted Savings: Education Expenditure
AU: Adjusted Savings: Education Expenditure data was reported at 76.932 USD bn in 2021. This records an increase from the previous number of 64.987 USD bn for 2020. AU: Adjusted Savings: Education Expenditure data is updated yearly, averaging 17.614 USD bn from Dec 1970 (Median) to 2021, with 52 observations. The data reached an all-time high of 76.932 USD bn in 2021 and a record low of 2.036 USD bn in 1970. AU: Adjusted Savings: Education Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment.;World Bank staff estimates using data from the United Nations Statistics Division's Statistical Yearbook, and the UNESCO Institute for Statistics online database.;;
| Last | Frequency | Range |
|---|---|---|
| 76,931.642 2021 | yearly | 1970 - 2021 |
View Australia's Adjusted Savings: Education Expenditure from 1970 to 2021 in the chart:
Adjusted Savings: Education Expenditure: % of GNI
AU: Adjusted Savings: Education Expenditure: % of GNI data was reported at 5.010 % in 2021. This stayed constant from the previous number of 5.010 % for 2020. AU: Adjusted Savings: Education Expenditure: % of GNI data is updated yearly, averaging 4.981 % from Dec 1970 (Median) to 2021, with 52 observations. The data reached an all-time high of 5.200 % in 1996 and a record low of 4.400 % in 1991. AU: Adjusted Savings: Education Expenditure: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment.;World Bank staff estimates using data from the United Nations Statistics Division's Statistical Yearbook, and the UNESCO Institute for Statistics online database.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 5.010 2021 | yearly | 1970 - 2021 |
View Australia's Adjusted Savings: Education Expenditure: % of GNI from 1970 to 2021 in the chart:
Adjusted Savings: Gross Savings: % of GNI
AU: Adjusted Savings: Gross Savings: % of GNI data was reported at 26.064 % in 2021. This records an increase from the previous number of 24.223 % for 2020. AU: Adjusted Savings: Gross Savings: % of GNI data is updated yearly, averaging 22.419 % from Dec 1989 (Median) to 2021, with 33 observations. The data reached an all-time high of 26.414 % in 1989 and a record low of 19.075 % in 1992. AU: Adjusted Savings: Gross Savings: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.;World Bank national accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 26.064 2021 | yearly | 1989 - 2021 |
View Australia's Adjusted Savings: Gross Savings: % of GNI from 1989 to 2021 in the chart:
Adjusted Savings: Net National Savings
AU: Adjusted Savings: Net National Savings data was reported at 134.412 USD bn in 2021. This records an increase from the previous number of 83.830 USD bn for 2020. AU: Adjusted Savings: Net National Savings data is updated yearly, averaging 31.922 USD bn from Dec 1989 (Median) to 2021, with 33 observations. The data reached an all-time high of 134.412 USD bn in 2021 and a record low of 3.579 USD bn in 1992. AU: Adjusted Savings: Net National Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Net national savings are equal to gross national savings less the value of consumption of fixed capital.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;;
| Last | Frequency | Range |
|---|---|---|
| 134,411.783 2021 | yearly | 1989 - 2021 |
View Australia's Adjusted Savings: Net National Savings from 1989 to 2021 in the chart:
Adjusted Savings: Net National Savings: % of GNI
AU: Adjusted Savings: Net National Savings: % of GNI data was reported at 8.754 % in 2021. This records an increase from the previous number of 6.463 % for 2020. AU: Adjusted Savings: Net National Savings: % of GNI data is updated yearly, averaging 5.326 % from Dec 1989 (Median) to 2021, with 33 observations. The data reached an all-time high of 9.474 % in 1989 and a record low of 1.144 % in 1992. AU: Adjusted Savings: Net National Savings: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Net national savings are equal to gross national savings less the value of consumption of fixed capital.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 8.754 2021 | yearly | 1989 - 2021 |
View Australia's Adjusted Savings: Net National Savings: % of GNI from 1989 to 2021 in the chart:
GDP: Deflator: Linked Series
AU: GDP: Deflator: Linked Series data was reported at 100.000 2024=100 in 2024. This records an increase from the previous number of 97.477 2024=100 for 2023. AU: GDP: Deflator: Linked Series data is updated yearly, averaging 62.051 2024=100 from Dec 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 100.000 2024=100 in 2024 and a record low of 40.069 2024=100 in 1990. AU: GDP: Deflator: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed as a ratio (a÷b).;Staff estimates, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD); World Economic Outlook database, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 100.000 2024 | yearly | 1990 - 2024 |
View Australia's GDP: Deflator: Linked Series from 1990 to 2024 in the chart:
GDP: Discrepancy
AU: GDP: Discrepancy data was reported at 1.000 AUD mn in 2024. This records an increase from the previous number of 0.000 AUD mn for 2023. AU: GDP: Discrepancy data is updated yearly, averaging -2,200.000 AUD mn from Jun 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 2,664.000 AUD mn in 1990 and a record low of -4,224.000 AUD mn in 1987. AU: GDP: Discrepancy data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;
| Last | Frequency | Range |
|---|---|---|
| 1.000 2024 | yearly | 1960 - 2024 |
View Australia's GDP: Discrepancy from 1960 to 2024 in the chart:
Australia GDP: Final Consumption Expenditure: Household: Include Discrepancy
AU: GDP: Final Consumption Expenditure: Household: Include Discrepancy data was reported at 956,778.000 AUD mn in 2016. This records an increase from the previous number of 914,653.000 AUD mn for 2015. AU: GDP: Final Consumption Expenditure: Household: Include Discrepancy data is updated yearly, averaging 177,487.000 AUD mn from Jun 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 956,778.000 AUD mn in 2016 and a record low of 9,703.000 AUD mn in 1960. AU: GDP: Final Consumption Expenditure: Household: Include Discrepancy data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 956,778.00 2016 | yearly | 1960 - 2016 |
View Australia's Australia GDP: Final Consumption Expenditure: Household: Include Discrepancy from 1960 to 2016 in the chart:
GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series
AU: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data was reported at 1,378,415.000 AUD mn in 2024. This records an increase from the previous number of 1,302,014.000 AUD mn for 2023. AU: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data is updated yearly, averaging 611,524.000 AUD mn from Jun 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 1,378,415.000 AUD mn in 2024 and a record low of 221,835.000 AUD mn in 1990. AU: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Staff estimates, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD); World Economic Outlook database, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 1,378,415.000 2024 | yearly | 1990 - 2024 |
View Australia's GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series from 1990 to 2024 in the chart:
Australia GDP: Final Consumption Expenditure: Include Discrepancy
AU: GDP: Final Consumption Expenditure: Include Discrepancy data was reported at 1,268,932.000 AUD mn in 2016. This records an increase from the previous number of 1,208,049.000 AUD mn for 2015. AU: GDP: Final Consumption Expenditure: Include Discrepancy data is updated yearly, averaging 235,993.000 AUD mn from Jun 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 1,268,932.000 AUD mn in 2016 and a record low of 11,546.000 AUD mn in 1960. AU: GDP: Final Consumption Expenditure: Include Discrepancy data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 1,268,932.00 2016 | yearly | 1960 - 2016 |
View Australia's Australia GDP: Final Consumption Expenditure: Include Discrepancy from 1960 to 2016 in the chart:
GDP: GNI per Capita
AU: GDP: GNI per Capita data was reported at 95,104.492 AUD in 2024. This records an increase from the previous number of 92,398.695 AUD for 2023. AU: GDP: GNI per Capita data is updated yearly, averaging 23,317.267 AUD from Jun 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 95,104.492 AUD in 2024 and a record low of 1,621.957 AUD in 1960. AU: GDP: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. The core indicator has been divided by the general population to achieve a per capita estimate.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;
| Last | Frequency | Range |
|---|---|---|
| 95,104.492 2024 | yearly | 1960 - 2024 |
View Australia's GDP: GNI per Capita from 1960 to 2024 in the chart:
GDP: Gross Domestic Savings
AU: GDP: Gross Domestic Savings data was reported at 708,096.000 AUD mn in 2024. This records a decrease from the previous number of 727,514.000 AUD mn for 2023. AU: GDP: Gross Domestic Savings data is updated yearly, averaging 93,536.000 AUD mn from Jun 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 727,514.000 AUD mn in 2023 and a record low of 5,159.000 AUD mn in 1962. AU: GDP: Gross Domestic Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;
| Last | Frequency | Range |
|---|---|---|
| 708,096.000 2024 | yearly | 1960 - 2024 |
View Australia's GDP: Gross Domestic Savings from 1960 to 2024 in the chart:
GDP: Gross National Expenditure
AU: GDP: Gross National Expenditure data was reported at 2,623,806.000 AUD mn in 2024. This records an increase from the previous number of 2,464,712.000 AUD mn for 2023. AU: GDP: Gross National Expenditure data is updated yearly, averaging 424,924.000 AUD mn from Jun 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 2,623,806.000 AUD mn in 2024 and a record low of 16,690.000 AUD mn in 1960. AU: GDP: Gross National Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;
| Last | Frequency | Range |
|---|---|---|
| 2,623,806.000 2024 | yearly | 1960 - 2024 |
View Australia's GDP: Gross National Expenditure from 1960 to 2024 in the chart:
GDP: Gross National Expenditure: Deflator
AU: GDP: Gross National Expenditure: Deflator data was reported at 100.000 2024=100 in 2024. AU: GDP: Gross National Expenditure: Deflator data is updated yearly, averaging 100.000 2024=100 from Jun 2024 (Median) to 2024, with 1 observations. The data reached an all-time high of 100.000 2024=100 in 2024 and a record low of 100.000 2024=100 in 2024. AU: GDP: Gross National Expenditure: Deflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. A deflator is the ratio of an indicator in current prices over the same series in constant prices. The base year varies by country.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;
| Last | Frequency | Range |
|---|---|---|
| 100.000 2024 | yearly | 2024 - 2024 |
View Australia's GDP: Gross National Expenditure: Deflator from 2024 to 2024 in the chart:
GDP: Gross Savings
AU: GDP: Gross Savings data was reported at 614,338.164 AUD mn in 2024. This records an increase from the previous number of 612,694.779 AUD mn for 2023. AU: GDP: Gross Savings data is updated yearly, averaging 216,480.928 AUD mn from Jun 1989 (Median) to 2024, with 36 observations. The data reached an all-time high of 614,338.164 AUD mn in 2024 and a record low of 77,638.996 AUD mn in 1992. AU: GDP: Gross Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Savings is an amount that represent the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;
| Last | Frequency | Range |
|---|---|---|
| 614,338.164 2024 | yearly | 1989 - 2024 |
View Australia's GDP: Gross Savings from 1989 to 2024 in the chart:
GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing
AU: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data was reported at 54,556.000 AUD mn in 2024. This records a decrease from the previous number of 66,273.000 AUD mn for 2023. AU: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data is updated yearly, averaging 24,143.000 AUD mn from Jun 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 66,273.000 AUD mn in 2023 and a record low of 12,844.000 AUD mn in 1992. AU: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Agriculture, forestry, and fishing corresponds to ISIC (Rev. 4) divisions 01-03 and includes the exploitation of vegetal and animal natural resources, comprising the activities of growing of crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;
| Last | Frequency | Range |
|---|---|---|
| 54,556.000 2024 | yearly | 1990 - 2024 |
View Australia's GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing from 1990 to 2024 in the chart:
Australia GDP: Gross Value Added at Factor Cost: Services
AU: GDP: Gross Value Added at Factor Cost: Services data was reported at 1,130,750.000 AUD mn in 2016. This records an increase from the previous number of 1,086,125.000 AUD mn for 2015. AU: GDP: Gross Value Added at Factor Cost: Services data is updated yearly, averaging 515,121.000 AUD mn from Jun 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 1,130,750.000 AUD mn in 2016 and a record low of 240,178.000 AUD mn in 1990. AU: GDP: Gross Value Added at Factor Cost: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 1,130,750.00 2016 | yearly | 1990 - 2016 |
View Australia's Australia GDP: Gross Value Added at Factor Cost: Services from 1990 to 2016 in the chart:
GDP: Linked Series
AU: GDP: Linked Series data was reported at 2,680,025.000 AUD mn in 2024. This records an increase from the previous number of 2,577,013.000 AUD mn for 2023. AU: GDP: Linked Series data is updated yearly, averaging 1,091,056.000 AUD mn from Jun 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 2,680,025.000 AUD mn in 2024 and a record low of 405,241.000 AUD mn in 1990. AU: GDP: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Staff estimates, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD); World Economic Outlook database, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 2,680,025.000 2024 | yearly | 1990 - 2024 |
View Australia's GDP: Linked Series from 1990 to 2024 in the chart:
GDP: Market Price: Linked Series
AU: GDP: Market Price: Linked Series data was reported at 1,985,438.000 AUD mn in 2020. This records an increase from the previous number of 1,952,680.000 AUD mn for 2019. AU: GDP: Market Price: Linked Series data is updated yearly, averaging 891,705.000 AUD mn from Jun 1989 (Median) to 2020, with 32 observations. The data reached an all-time high of 1,985,438.000 AUD mn in 2020 and a record low of 367,592.000 AUD mn in 1989. AU: GDP: Market Price: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. GDP at purchaser's prices is the sum of 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. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;
| Last | Frequency | Range |
|---|---|---|
| 1,985,438.000 2020 | yearly | 1989 - 2020 |
View Australia's GDP: Market Price: Linked Series from 1989 to 2020 in the chart:
GDP: Net Current Transfer from Abroad
AU: GDP: Net Current Transfer from Abroad data was reported at -846.000 AUD mn in 2024. This records an increase from the previous number of -935.000 AUD mn for 2023. AU: GDP: Net Current Transfer from Abroad data is updated yearly, averaging 218.000 AUD mn from Jun 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 628.000 AUD mn in 1991 and a record low of -3,338.000 AUD mn in 2021. AU: GDP: Net Current Transfer from Abroad data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;
| Last | Frequency | Range |
|---|---|---|
| -846.000 2024 | yearly | 1960 - 2024 |
View Australia's GDP: Net Current Transfer from Abroad from 1960 to 2024 in the chart:
GDP: Net Income from Abroad
AU: GDP: Net Income from Abroad data was reported at -93,486.000 AUD mn in 2024. This records an increase from the previous number of -113,671.000 AUD mn for 2023. AU: GDP: Net Income from Abroad data is updated yearly, averaging -16,317.000 AUD mn from Jun 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 152.000 AUD mn in 1975 and a record low of -113,671.000 AUD mn in 2023. AU: GDP: Net Income from Abroad data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;
| Last | Frequency | Range |
|---|---|---|
| -93,486.000 2024 | yearly | 1960 - 2024 |
View Australia's GDP: Net Income from Abroad from 1960 to 2024 in the chart:
GDP: Net Taxes on Product
AU: GDP: Net Taxes on Product data was reported at 168,673.000 AUD mn in 2024. This records an increase from the previous number of 161,706.000 AUD mn for 2023. AU: GDP: Net Taxes on Product data is updated yearly, averaging 85,394.000 AUD mn from Jun 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 168,673.000 AUD mn in 2024 and a record low of 32,283.000 AUD mn in 1990. AU: GDP: Net Taxes on Product data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Taxes less subsidies on production includes taxes payable less subsidies receivable on goods or services produced as outputs including other taxes or subsidies on production such as those payable on the labour, machinery, buildings or other assets used in production. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;
| Last | Frequency | Range |
|---|---|---|
| 168,673.000 2024 | yearly | 1990 - 2024 |
View Australia's GDP: Net Taxes on Product from 1990 to 2024 in the chart:
GDP: USD: Adjusted Net National Income
AU: GDP: USD: Adjusted Net National Income data was reported at 1,174.103 USD bn in 2021. This records an increase from the previous number of 1,026.905 USD bn for 2020. AU: GDP: USD: Adjusted Net National Income data is updated yearly, averaging 295.759 USD bn from Dec 1970 (Median) to 2021, with 52 observations. The data reached an all-time high of 1,245.948 USD bn in 2013 and a record low of 33.675 USD bn in 1970. AU: GDP: USD: Adjusted Net National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,174,103.054 2021 | yearly | 1970 - 2021 |
View Australia's GDP: USD: Adjusted Net National Income from 1970 to 2021 in the chart:
GDP: USD: Adjusted Net National Income per Capita
AU: GDP: USD: Adjusted Net National Income per Capita data was reported at 45,710.890 USD in 2021. This records an increase from the previous number of 40,036.446 USD for 2020. AU: GDP: USD: Adjusted Net National Income per Capita data is updated yearly, averaging 15,875.367 USD from Dec 1970 (Median) to 2021, with 52 observations. The data reached an all-time high of 53,871.555 USD in 2013 and a record low of 2,692.519 USD in 1970. AU: GDP: USD: Adjusted Net National Income per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 45,710.890 2021 | yearly | 1970 - 2021 |
View Australia's GDP: USD: Adjusted Net National Income per Capita from 1970 to 2021 in the chart:
GDP: USD: Changes in Inventories
AU: GDP: USD: Changes in Inventories data was reported at 4.069 USD bn in 2024. This records a decrease from the previous number of 11.792 USD bn for 2023. AU: GDP: USD: Changes in Inventories data is updated yearly, averaging -1.604 USD bn from Jun 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 11.792 USD bn in 2023 and a record low of -5.107 USD bn in 2020. AU: GDP: USD: Changes in Inventories data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;
| Last | Frequency | Range |
|---|---|---|
| 4,068.649 2024 | yearly | 1960 - 2024 |
View Australia's GDP: USD: Changes in Inventories from 1960 to 2024 in the chart:
GDP: USD: Exports of Goods and Services
AU: GDP: USD: Exports of Goods and Services data was reported at 432.606 USD bn in 2024. This records a decrease from the previous number of 463.117 USD bn for 2023. AU: GDP: USD: Exports of Goods and Services data is updated yearly, averaging 54.227 USD bn from Jun 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 463.117 USD bn in 2023 and a record low of 2.414 USD bn in 1960. AU: GDP: USD: Exports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 432,605.706 2024 | yearly | 1960 - 2024 |
View Australia's GDP: USD: Exports of Goods and Services from 1960 to 2024 in the chart:
GDP: USD: External Balance of Goods and Services
AU: GDP: USD: External Balance of Goods and Services data was reported at 36.856 USD bn in 2024. This records a decrease from the previous number of 75.584 USD bn for 2023. AU: GDP: USD: External Balance of Goods and Services data is updated yearly, averaging 885.182 USD mn from Jun 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 88.654 USD bn in 2022 and a record low of -29.164 USD bn in 2016. AU: GDP: USD: External Balance of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;
| Last | Frequency | Range |
|---|---|---|
| 36,856.480 2024 | yearly | 1960 - 2024 |
View Australia's GDP: USD: External Balance of Goods and Services from 1960 to 2024 in the chart:
GDP: USD: Final Consumption Expenditure
AU: GDP: USD: Final Consumption Expenditure data was reported at 1,292.795 USD bn in 2024. This records an increase from the previous number of 1,244.800 USD bn for 2023. AU: GDP: USD: Final Consumption Expenditure data is updated yearly, averaging 254.049 USD bn from Jun 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 1,292.795 USD bn in 2024 and a record low of 12.818 USD bn in 1960. AU: GDP: USD: Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,292,795.226 2024 | yearly | 1960 - 2024 |
View Australia's GDP: USD: Final Consumption Expenditure from 1960 to 2024 in the chart:
GDP: USD: Final Consumption Expenditure: General Government
AU: GDP: USD: Final Consumption Expenditure: General Government data was reported at 389.107 USD bn in 2024. This records an increase from the previous number of 368.483 USD bn for 2023. AU: GDP: USD: Final Consumption Expenditure: General Government data is updated yearly, averaging 63.465 USD bn from Jun 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 389.107 USD bn in 2024 and a record low of 2.064 USD bn in 1960. AU: GDP: USD: Final Consumption Expenditure: General Government data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 389,107.349 2024 | yearly | 1960 - 2024 |
View Australia's GDP: USD: Final Consumption Expenditure: General Government from 1960 to 2024 in the chart:
GDP: USD: Final Consumption Expenditure: Household
AU: GDP: USD: Final Consumption Expenditure: Household data was reported at 903.688 USD bn in 2024. This records an increase from the previous number of 876.317 USD bn for 2023. AU: GDP: USD: Final Consumption Expenditure: Household data is updated yearly, averaging 190.584 USD bn from Jun 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 903.688 USD bn in 2024 and a record low of 10.755 USD bn in 1960. AU: GDP: USD: Final Consumption Expenditure: Household data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 903,687.877 2024 | yearly | 1960 - 2024 |
View Australia's GDP: USD: Final Consumption Expenditure: Household from 1960 to 2024 in the chart:
Australia GDP: USD: Final Consumption Expenditure: Household: Include Discrepancy
AU: GDP: USD: Final Consumption Expenditure: Household: Include Discrepancy data was reported at 696.462 USD bn in 2016. This records a decrease from the previous number of 761.006 USD bn for 2015. AU: GDP: USD: Final Consumption Expenditure: Household: Include Discrepancy data is updated yearly, averaging 129.138 USD bn from Jun 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 857.231 USD bn in 2013 and a record low of 10.867 USD bn in 1960. AU: GDP: USD: Final Consumption Expenditure: Household: Include Discrepancy data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 696,462.37 2016 | yearly | 1960 - 2016 |
View Australia's Australia GDP: USD: Final Consumption Expenditure: Household: Include Discrepancy from 1960 to 2016 in the chart:
Australia GDP: USD: Final Consumption Expenditure: Include Discrepancy
AU: GDP: USD: Final Consumption Expenditure: Include Discrepancy data was reported at 923.687 USD bn in 2016. This records a decrease from the previous number of 1,005.116 USD bn for 2015. AU: GDP: USD: Final Consumption Expenditure: Include Discrepancy data is updated yearly, averaging 171.706 USD bn from Jun 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 1,139.231 USD bn in 2013 and a record low of 12.931 USD bn in 1960. AU: GDP: USD: Final Consumption Expenditure: Include Discrepancy data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 923,686.99 2016 | yearly | 1960 - 2016 |
View Australia's Australia GDP: USD: Final Consumption Expenditure: Include Discrepancy from 1960 to 2016 in the chart:
GDP: USD: Gross Capital Formation
AU: GDP: USD: Gross Capital Formation data was reported at 427.370 USD bn in 2024. This records an increase from the previous number of 414.067 USD bn for 2023. AU: GDP: USD: Gross Capital Formation data is updated yearly, averaging 72.741 USD bn from Jun 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 439.599 USD bn in 2013 and a record low of 5.663 USD bn in 1962. AU: GDP: USD: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 427,370.090 2024 | yearly | 1960 - 2024 |
View Australia's GDP: USD: Gross Capital Formation from 1960 to 2024 in the chart:
GDP: USD: Gross Domestic Savings
AU: GDP: USD: Gross Domestic Savings data was reported at 464.227 USD bn in 2024. This records a decrease from the previous number of 489.651 USD bn for 2023. AU: GDP: USD: Gross Domestic Savings data is updated yearly, averaging 71.934 USD bn from Jun 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 490.516 USD bn in 2022 and a record low of 5.778 USD bn in 1962. AU: GDP: USD: Gross Domestic Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 464,227.225 2024 | yearly | 1960 - 2024 |
View Australia's GDP: USD: Gross Domestic Savings from 1960 to 2024 in the chart:
GDP: USD: Gross Fixed Capital Formation
AU: GDP: USD: Gross Fixed Capital Formation data was reported at 423.301 USD bn in 2024. This records an increase from the previous number of 402.276 USD bn for 2023. AU: GDP: USD: Gross Fixed Capital Formation data is updated yearly, averaging 74.345 USD bn from Jun 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 439.149 USD bn in 2013 and a record low of 5.631 USD bn in 1960. AU: GDP: USD: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 423,301.441 2024 | yearly | 1960 - 2024 |
View Australia's GDP: USD: Gross Fixed Capital Formation from 1960 to 2024 in the chart:
GDP: USD: Gross National Expenditure
AU: GDP: USD: Gross National Expenditure data was reported at 1,720.165 USD bn in 2024. This records an increase from the previous number of 1,658.867 USD bn for 2023. AU: GDP: USD: Gross National Expenditure data is updated yearly, averaging 326.790 USD bn from Jun 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 1,720.165 USD bn in 2024 and a record low of 18.693 USD bn in 1960. AU: GDP: USD: Gross National Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross capital formation. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,720,165.316 2024 | yearly | 1960 - 2024 |
View Australia's GDP: USD: Gross National Expenditure from 1960 to 2024 in the chart:
GDP: USD: Gross National Income
AU: GDP: USD: Gross National Income data was reported at 1,695.733 USD bn in 2024. This records an increase from the previous number of 1,657.945 USD bn for 2023. AU: GDP: USD: Gross National Income data is updated yearly, averaging 313.431 USD bn from Jun 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 1,695.733 USD bn in 2024 and a record low of 18.668 USD bn in 1960. AU: GDP: USD: Gross National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,695,733.098 2024 | yearly | 1960 - 2024 |
View Australia's GDP: USD: Gross National Income from 1960 to 2024 in the chart:
GDP: USD: Gross National Income per Capita: Atlas Method
AU: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 62,680.000 USD in 2024. This records a decrease from the previous number of 63,320.000 USD for 2023. AU: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 18,980.000 USD from Jun 1962 (Median) to 2024, with 63 observations. The data reached an all-time high of 66,360.000 USD in 2013 and a record low of 1,880.000 USD in 1962. AU: GDP: USD: Gross National Income per Capita: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This figure is converted to U.S. dollars using the World Bank Atlas method, and divided by the midyear population. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 62,680.000 2024 | yearly | 1962 - 2024 |
View Australia's GDP: USD: Gross National Income per Capita: Atlas Method from 1962 to 2024 in the chart:
GDP: USD: Gross National Income: Atlas Method
AU: GDP: USD: Gross National Income: Atlas Method data was reported at 1,704.634 USD bn in 2024. This records an increase from the previous number of 1,688.164 USD bn for 2023. AU: GDP: USD: Gross National Income: Atlas Method data is updated yearly, averaging 334.668 USD bn from Jun 1962 (Median) to 2024, with 63 observations. The data reached an all-time high of 1,704.634 USD bn in 2024 and a record low of 20.164 USD bn in 1962. AU: GDP: USD: Gross National Income: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This figure is converted to U.S. dollars using the World Bank Atlas method. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,704,633.803 2024 | yearly | 1962 - 2024 |
View Australia's GDP: USD: Gross National Income: Atlas Method from 1962 to 2024 in the chart:
GDP: USD: Gross Savings
AU: GDP: USD: Gross Savings data was reported at 402.760 USD bn in 2024. This records a decrease from the previous number of 412.372 USD bn for 2023. AU: GDP: USD: Gross Savings data is updated yearly, averaging 162.085 USD bn from Jun 1989 (Median) to 2024, with 36 observations. The data reached an all-time high of 422.651 USD bn in 2022 and a record low of 59.709 USD bn in 1992. AU: GDP: USD: Gross Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Savings is an amount that represent the part of disposable income (adjusted for the change in pension entitlements) that is not spent on final consumption. Gross savings are calculated as gross national income less total consumption, plus net transfers. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;
| Last | Frequency | Range |
|---|---|---|
| 402,759.656 2024 | yearly | 1989 - 2024 |
View Australia's GDP: USD: Gross Savings from 1989 to 2024 in the chart:
GDP: USD: Gross Value Added at Basic Price: Agriculture, Forestry, and Fishing
AU: GDP: USD: Gross Value Added at Basic Price: Agriculture, Forestry, and Fishing data was reported at 35.767 USD bn in 2024. This records a decrease from the previous number of 44.605 USD bn for 2023. AU: GDP: USD: Gross Value Added at Basic Price: Agriculture, Forestry, and Fishing data is updated yearly, averaging 18.955 USD bn from Jun 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 45.314 USD bn in 2022 and a record low of 9.878 USD bn in 1992. AU: GDP: USD: Gross Value Added at Basic Price: Agriculture, Forestry, and Fishing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Agriculture, forestry, and fishing corresponds to ISIC (Rev. 4) divisions 01-03 and includes the exploitation of vegetal and animal natural resources, comprising the activities of growing of crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 35,766.874 2024 | yearly | 1990 - 2024 |
View Australia's GDP: USD: Gross Value Added at Basic Price: Agriculture, Forestry, and Fishing from 1990 to 2024 in the chart:
GDP: USD: Gross Value Added at Factor Cost
AU: GDP: USD: Gross Value Added at Factor Cost data was reported at 1,246.073 USD bn in 2020. This records a decrease from the previous number of 1,306.269 USD bn for 2019. AU: GDP: USD: Gross Value Added at Factor Cost data is updated yearly, averaging 637.043 USD bn from Jun 1990 (Median) to 2020, with 31 observations. The data reached an all-time high of 1,477.419 USD bn in 2013 and a record low of 287.321 USD bn in 1990. AU: GDP: USD: Gross Value Added at Factor Cost data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,306,268.774 2019 | yearly | 1990 - 2019 |
View Australia's GDP: USD: Gross Value Added at Factor Cost from 1990 to 2019 in the chart:
GDP: USD: Gross Value Added at Factor Cost: Agriculture
AU: GDP: USD: Gross Value Added at Factor Cost: Agriculture data was reported at 25.260 USD bn in 2020. This records a decrease from the previous number of 29.630 USD bn for 2019. AU: GDP: USD: Gross Value Added at Factor Cost: Agriculture data is updated yearly, averaging 18.778 USD bn from Jun 1990 (Median) to 2020, with 31 observations. The data reached an all-time high of 35.947 USD bn in 2017 and a record low of 9.920 USD bn in 1992. AU: GDP: USD: Gross Value Added at Factor Cost: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 25,260.088 2020 | yearly | 1990 - 2020 |
View Australia's GDP: USD: Gross Value Added at Factor Cost: Agriculture from 1990 to 2020 in the chart:
GDP: USD: Gross Value Added at Factor Cost: Industry
AU: GDP: USD: Gross Value Added at Factor Cost: Industry data was reported at 341.883 USD bn in 2020. This records a decrease from the previous number of 354.483 USD bn for 2019. AU: GDP: USD: Gross Value Added at Factor Cost: Industry data is updated yearly, averaging 170.716 USD bn from Jun 1990 (Median) to 2020, with 31 observations. The data reached an all-time high of 406.393 USD bn in 2012 and a record low of 83.816 USD bn in 1993. AU: GDP: USD: Gross Value Added at Factor Cost: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 354,482.907 2019 | yearly | 1990 - 2019 |
View Australia's GDP: USD: Gross Value Added at Factor Cost: Industry from 1990 to 2019 in the chart:
GDP: USD: Gross Value Added at Factor Cost: Industry: Manufacturing
AU: GDP: USD: Gross Value Added at Factor Cost: Industry: Manufacturing data was reported at 94.463 USD bn in 2024. This records an increase from the previous number of 91.394 USD bn for 2023. AU: GDP: USD: Gross Value Added at Factor Cost: Industry: Manufacturing data is updated yearly, averaging 77.978 USD bn from Jun 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 107.274 USD bn in 2012 and a record low of 39.959 USD bn in 1993. AU: GDP: USD: Gross Value Added at Factor Cost: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical tranformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 94,463.333 2024 | yearly | 1990 - 2024 |
View Australia's GDP: USD: Gross Value Added at Factor Cost: Industry: Manufacturing from 1990 to 2024 in the chart:
Australia GDP: USD: Gross Value Added at Factor Cost: Services
AU: GDP: USD: Gross Value Added at Factor Cost: Services data was reported at 823.101 USD bn in 2016. This records a decrease from the previous number of 903.673 USD bn for 2015. AU: GDP: USD: Gross Value Added at Factor Cost: Services data is updated yearly, averaging 300.012 USD bn from Jun 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 1,036.090 USD bn in 2013 and a record low of 184.823 USD bn in 1990. AU: GDP: USD: Gross Value Added at Factor Cost: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 823,100.89 2016 | yearly | 1990 - 2016 |
View Australia's Australia GDP: USD: Gross Value Added at Factor Cost: Services from 1990 to 2016 in the chart:
GDP: USD: Imports of Goods and Services
AU: GDP: USD: Imports of Goods and Services data was reported at 395.749 USD bn in 2024. This records an increase from the previous number of 387.533 USD bn for 2023. AU: GDP: USD: Imports of Goods and Services data is updated yearly, averaging 53.342 USD bn from Jun 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 395.749 USD bn in 2024 and a record low of 2.512 USD bn in 1962. AU: GDP: USD: Imports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 395,749.225 2024 | yearly | 1960 - 2024 |
View Australia's GDP: USD: Imports of Goods and Services from 1960 to 2024 in the chart:
GDP: USD: Net Current Transfer from Abroad
AU: GDP: USD: Net Current Transfer from Abroad data was reported at -554.637 USD mn in 2024. This records an increase from the previous number of -629.299 USD mn for 2023. AU: GDP: USD: Net Current Transfer from Abroad data is updated yearly, averaging 167.654 USD mn from Jun 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 504.027 USD mn in 1989 and a record low of -3.388 USD bn in 2013. AU: GDP: USD: Net Current Transfer from Abroad data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;
| Last | Frequency | Range |
|---|---|---|
| -554.637 2024 | yearly | 1960 - 2024 |
View Australia's GDP: USD: Net Current Transfer from Abroad from 1960 to 2024 in the chart:
GDP: USD: Net Income from Abroad
AU: GDP: USD: Net Income from Abroad data was reported at -61.289 USD bn in 2024. This records an increase from the previous number of -76.506 USD bn for 2023. AU: GDP: USD: Net Income from Abroad data is updated yearly, averaging -12.549 USD bn from Jun 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 207.565 USD mn in 1975 and a record low of -76.506 USD bn in 2023. AU: GDP: USD: Net Income from Abroad data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;
| Last | Frequency | Range |
|---|---|---|
| -61,289.354 2024 | yearly | 1960 - 2024 |
View Australia's GDP: USD: Net Income from Abroad from 1960 to 2024 in the chart:
GDP: USD: Net Taxes on Product
AU: GDP: USD: Net Taxes on Product data was reported at 110.582 USD bn in 2024. This records an increase from the previous number of 108.836 USD bn for 2023. AU: GDP: USD: Net Taxes on Product data is updated yearly, averaging 67.044 USD bn from Jun 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 111.281 USD bn in 2022 and a record low of 23.543 USD bn in 1993. AU: GDP: USD: Net Taxes on Product data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Taxes less subsidies on production includes taxes payable less subsidies receivable on goods or services produced as outputs including other taxes or subsidies on production such as those payable on the labour, machinery, buildings or other assets used in production. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);;
| Last | Frequency | Range |
|---|---|---|
| 110,581.897 2024 | yearly | 1990 - 2024 |
View Australia's GDP: USD: Net Taxes on Product from 1990 to 2024 in the chart:
Gross National Income: Linked Series
AU: Gross National Income: Linked Series data was reported at 2,586,539.000 AUD mn in 2024. This records an increase from the previous number of 2,463,342.000 AUD mn for 2023. AU: Gross National Income: Linked Series data is updated yearly, averaging 1,042,568.000 AUD mn from Jun 1990 (Median) to 2024, with 35 observations. The data reached an all-time high of 2,586,539.000 AUD mn in 2024 and a record low of 391,142.000 AUD mn in 1990. AU: Gross National Income: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross national income is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.;Staff estimates, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD); World Economic Outlook database, International Monetary Fund (IMF);;
| Last | Frequency | Range |
|---|---|---|
| 2,586,539.000 2024 | yearly | 1990 - 2024 |