Australia GDP: USD: Gross Value Added at Factor Cost

1990 - 2019 | Yearly | USD mn | World Bank

Australia 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. Australia GDP: USD: Gross Value Added at Factor Cost data is updated yearly, averaging 637.043 USD bn from Jun 1990 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. Australia 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;

View Australia's Australia GDP: USD: Gross Value Added at Factor Cost from 1990 to 2019 in the chart:

Australia Australia GDP: USD: Gross Value Added at Factor Cost

What was Australia's Australia GDP: USD: Gross Value Added at Factor Cost in 2019?

Last Previous Min Max Unit Frequency Range
1,306,268.774 2019 1,336,456.089 2018 287,320.508 1990 1,477,418.693 2013 USD mn yearly 1990 - 2019

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National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 75,508.049 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 75,393.910 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 2.279 2027 yearly 1980 - 2027
GDP Deflator Growth (%) 9.1 Dec 2022 quarterly Sep 1960 - Dec 2022
GDP per Capita (USD) 65,005.795 2022 yearly 1960 - 2022
Gross Fixed Capital Formation (USD mn) 105,228.236 Dec 2023 quarterly Sep 1959 - Dec 2023
Gross National Product (GNP) (USD mn) 439,404.475 Dec 2023 quarterly Sep 1959 - Dec 2023
Gross Savings Rate (%) 29.6 Dec 2022 quarterly Sep 1959 - Dec 2022
Investment: % of GDP (%) 24.3 Dec 2023 quarterly Sep 1959 - Dec 2023
Nominal GDP (USD mn) 440,146.9 Mar 2023 quarterly Sep 1959 - Mar 2023
Nominal GDP Growth (%) 4.423 Dec 2023 quarterly Sep 1960 - Dec 2023
Private Consumption Expenditure (USD mn) 215,678.545 Dec 2023 quarterly Sep 1959 - Dec 2023
Private Consumption: % of GDP (%) 49.8 Dec 2023 quarterly Sep 1959 - Dec 2023
Public Consumption Expenditure (USD mn) 95,436.033 Dec 2023 quarterly Sep 1959 - Dec 2023
Public Consumption: % of GDP (%) 20.4 Dec 2022 quarterly Sep 1959 - Dec 2022
Real GDP Growth (%) 2.7 Dec 2022 quarterly Sep 1960 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 45.508 Dec 2023 quarterly Sep 1959 - Dec 2023
Production Last Frequency Range
Gold Production (kg) 310,000.000 2023 yearly 1990 - 2023
Industrial Production Index Growth (%) 0.0 Dec 2023 quarterly Sep 1975 - Dec 2023
Minerals Production (Metric Ton) 1,309,620,617.000 2021 yearly 2009 - 2021
Motor Vehicle Production (Unit) 7,141.000 2023 yearly 1997 - 2023
Silver Production (Metric Ton) 1,200.000 2023 yearly 1986 - 2023
Fertilizer Consumption (%) 285.140 2020 yearly 1961 - 2020
Agricultural Land (sq km) 3,557,750.000 2020 yearly 1961 - 2020
Aquaculture Production (Metric Ton) 126,206.330 2021 yearly 1960 - 2021
Construction and Properties Last Frequency Range
House Prices Growth (%) 4.8 Dec 2023 quarterly Sep 2004 - Dec 2023
Nominal Residential Property Price Index (2010=100) 184.510 Dec 2023 quarterly Mar 1970 - Dec 2023
Nominal Residential Property Price Index Growth (%) 2.158 Sep 2023 quarterly Mar 1971 - Sep 2023
Real Residential Property Price Index (2010=100) 130.282 Dec 2023 quarterly Mar 1970 - Dec 2023
Real Residential Property Price Index Growth (%) 2.766 Dec 2023 quarterly Mar 1971 - Dec 2023
Building Permits (Unit) 18,185.000 Feb 2024 monthly Jul 2001 - Feb 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.1 Dec 2023 quarterly Jun 2003 - Dec 2023
Forecast: Government Expenditure (AUD bn) 1,137.330 2028 yearly 1988 - 2028
Forecast: Government Net Debt (AUD bn) 1,728.540 2028 yearly 1989 - 2028
Forecast: Government Revenue (AUD bn) 1,098.260 2028 yearly 1988 - 2028
Government Debt: % of GDP (%) 41.8 2022 yearly 1999 - 2022
National Government Debt (USD mn) 673,484.7 2022 yearly 1999 - 2022
Tax Revenue (USD mn) 131,300.177 Dec 2023 quarterly Sep 2002 - Dec 2023
Consolidated Fiscal Balance (USD mn) -8,009.611 Dec 2023 quarterly Sep 2002 - Dec 2023
Tax Revenue: % of GDP (%) 29.2 Dec 2023 quarterly Sep 2002 - Dec 2023
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 14,269,572.379 Feb 2024 monthly Feb 1978 - Feb 2024
Forecast: Employment (Person mn) 13.897 2024 yearly 1980 - 2024
Forecast: Population (Person mn) 28.259 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 4.898 2028 yearly 1980 - 2028
Labour Force Participation Rate (%) 67.3 Feb 2024 monthly Feb 1978 - Feb 2024
Labour Productivity Growth (%) -1.63 Dec 2023 quarterly Jun 1979 - Dec 2023
Monthly Earnings (USD) 3,744 Nov 2023 semiannually May 2012 - Nov 2023
Population (Person mn) 26.3 2022 yearly 1950 - 2022
Unemployment Rate (%) 3.70 Feb 2024 monthly Feb 1978 - Feb 2024
Life Expectancy at Birth (Year) 83.200 2020 yearly 1960 - 2020

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