Australia Nominal GDP
Key information about Australia Nominal GDP
- Australia Nominal GDP reached 440.1 USD bn in Mar 2023, compared with 413.9 USD bn in the previous quarter.
- Nominal GDP in Australia is updated quarterly, available from Sep 1959 to Mar 2023, with an average number of 79.0 USD bn.
- The data reached an all-time high of 440.1 USD bn in Mar 2023 and a record low of 4.4 USD bn in Sep 1959.
CEIC converts quarterly Nominal GDP into USD. The Australian Bureau of Statistics provides Nominal GDP in local currency. Federal Reserve Board average market exchange rate is used for currency conversions.
Related information about Australia Nominal GDP
- In the latest reports, Australia GDP expanded 2.3 % YoY in Mar 2023.
- Its GDP deflator (implicit price deflator) increased 6.8 % in Mar 2023.
- Australia GDP Per Capita reached 65,005.8 USD in Jun 2022.
- Its Gross Savings Rate was measured at 29.3 % in Mar 2023.
- For Nominal GDP contributions, Investment accounted for 21.8 % in Mar 2023.
- Public Consumption accounted for 21.2 % in Mar 2023.
- Private Consumption accounted for 49.5 % in Mar 2023.
View Australia's Nominal GDP from Sep 1959 to Mar 2023 in the chart:
What was Australia's Nominal GDP in Mar 2023?
Australia Nominal GDP reached 440.1 USD bn in Mar 2023, compared with 413.9 USD bn in the previous quarter. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
440,146.9 Mar 2023 | 413,936.1 Dec 2022 | 4,449.8 Sep 1959 | 440,146.9 Mar 2023 | USD mn | quarterly | Sep 1959 - Mar 2023 |
Nominal GDP by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (USD mn) | 1,020.5 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
Algeria (USD mn) | 49,686.2 Sep 2022 | quarterly | Mar 1999 - Sep 2022 |
Argentina (USD mn) | 161,468.8 Sep 2022 | quarterly | Mar 1993 - Sep 2022 |
Armenia (USD mn) | 4,555.0 Mar 2023 | quarterly | Dec 1994 - Mar 2023 |
Australia (USD mn) | 440,146.9 Mar 2023 | quarterly | Sep 1959 - Mar 2023 |
Austria (USD mn) | 117,117.1 Dec 2022 | quarterly | Mar 1988 - Dec 2022 |
Azerbaijan (USD mn) | 20,960.0 Dec 2022 | quarterly | Mar 2001 - Dec 2022 |
Bahrain (USD mn) | 11,004.5 Dec 2022 | quarterly | Mar 2007 - Dec 2022 |
Bangladesh (USD mn) | 460,199.8 2022 | yearly | 1960 - 2022 |
Belarus (USD mn) | 16,878.2 Mar 2023 | quarterly | Mar 1994 - Mar 2023 |
Belgium (USD mn) | 153,814.1 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Bolivia (USD mn) | 10,724.0 Sep 2022 | quarterly | Mar 1990 - Sep 2022 |
Bosnia and Herzegovina (USD mn) | 6,170.0 Sep 2022 | quarterly | Mar 2008 - Sep 2022 |
Botswana (USD mn) | 5,136.2 Mar 2023 | quarterly | Sep 1993 - Mar 2023 |
Brazil (USD mn) | 486,069.0 Mar 2023 | quarterly | Mar 1990 - Mar 2023 |
Brunei (USD mn) | 4,130.1 Sep 2022 | quarterly | Mar 2004 - Sep 2022 |
Bulgaria (USD mn) | 24,538.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Cambodia (USD mn) | 29,598.9 2022 | yearly | 1993 - 2022 |
Canada (USD mn) | 513,543.5 Dec 2022 | quarterly | Mar 1957 - Dec 2022 |
Chile (USD mn) | 69,075.0 Sep 2022 | quarterly | Mar 1990 - Sep 2022 |
China (USD mn) | 4,166,759.1 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
Colombia (USD mn) | 79,499.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
Croatia (USD mn) | 17,564.7 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Cyprus (USD mn) | 7,631.5 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Czech Republic (USD mn) | 72,034.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Denmark (USD mn) | 96,987.7 Dec 2022 | quarterly | Mar 1990 - Dec 2022 |
Ecuador (USD mn) | 29,334.6 Sep 2022 | quarterly | Mar 1991 - Sep 2022 |
Egypt (USD mn) | 108,969.4 Dec 2022 | quarterly | Sep 2001 - Dec 2022 |
Estonia (USD mn) | 9,214.3 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
European Union (USD mn) | 4,141,831.0 Dec 2022 | quarterly | Mar 1999 - Dec 2022 |
Finland (USD mn) | 73,976.2 Mar 2023 | quarterly | Mar 1990 - Mar 2023 |
France (USD mn) | 689,415.2 Dec 2022 | quarterly | Mar 1957 - Dec 2022 |
Georgia (USD mn) | 8,284.9 Dec 2023 | quarterly | Mar 2010 - Dec 2023 |
Germany (USD mn) | 1,072,807.2 Mar 2023 | quarterly | Mar 1960 - Mar 2023 |
Ghana (USD mn) | 21,716.7 Mar 2024 | quarterly | Mar 2006 - Mar 2024 |
Greece (USD mn) | 50,731.1 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
Hong Kong SAR, China (USD mn) | 94,469.6 Dec 2022 | quarterly | Mar 1973 - Dec 2022 |
Hungary (USD mn) | 42,734.0 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Iceland (USD mn) | 7,161.1 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
India (USD mn) | 873,666.0 Mar 2023 | quarterly | Jun 1996 - Mar 2023 |
Indonesia (USD mn) | 328,642.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Iran (USD mn) | 429,426.7 Mar 2022 | quarterly | Jun 1988 - Mar 2022 |
Ireland (USD mn) | 133,294.5 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Israel (USD mn) | 133,411.2 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Italy (USD mn) | 538,664.9 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Ivory Coast (USD mn) | 11,011.3 Sep 2022 | quarterly | Mar 1997 - Sep 2022 |
Japan (USD mn) | 991,864.7 Dec 2022 | quarterly | Mar 1957 - Dec 2022 |
Jordan (USD mn) | 11,474.4 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
Kazakhstan (USD mn) | 76,997.7 Dec 2022 | quarterly | Mar 1994 - Dec 2022 |
Kenya (USD mn) | 26,869.9 Sep 2022 | quarterly | Mar 2009 - Sep 2022 |
South Korea (USD mn) | 429,247.3 Mar 2023 | quarterly | Mar 1960 - Mar 2023 |
Kosovo (USD mn) | 2,273.3 Mar 2024 | quarterly | Mar 2010 - Mar 2024 |
Kuwait (USD mn) | 27,984.3 Dec 2020 | quarterly | Mar 2010 - Dec 2020 |
Kyrgyzstan (USD mn) | 2,120.3 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
Laos (USD mn) | 15,362.5 2022 | yearly | 1984 - 2022 |
Latvia (USD mn) | 10,411.8 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Lebanon (USD mn) | 63,482.3 2020 | yearly | 1997 - 2020 |
Lithuania (USD mn) | 19,049.1 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Luxembourg (USD mn) | 22,027.3 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Macau SAR, China (USD mn) | 6,008.2 Dec 2022 | quarterly | Mar 1998 - Dec 2022 |
North Macedonia (USD mn) | 3,828.1 Dec 2022 | quarterly | Mar 2000 - Dec 2022 |
Malawi (USD mn) | 10,862.6 2019 | yearly | 1960 - 2019 |
Malaysia (USD mn) | 102,217.9 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
Malta (USD mn) | 4,614.7 Mar 2023 | quarterly | Mar 1992 - Mar 2023 |
Mauritius (USD mn) | 3,723.6 Dec 2022 | quarterly | Mar 1999 - Dec 2022 |
Mexico (USD mn) | 372,043.9 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Moldova (USD mn) | 3,863.7 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Mongolia (USD mn) | 3,889.7 Mar 2023 | quarterly | Mar 2000 - Mar 2023 |
Montenegro (USD mn) | 1,835.8 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
Morocco (USD mn) | 33,460.2 Sep 2022 | quarterly | Mar 1990 - Sep 2022 |
Mozambique (USD mn) | 15,777.0 2021 | yearly | 1963 - 2021 |
Myanmar (USD mn) | 66,719.6 2018 | yearly | 2001 - 2018 |
Nepal (USD mn) | 40,828.2 2022 | yearly | 2001 - 2022 |
Netherlands (USD mn) | 272,109.1 Mar 2023 | quarterly | Mar 1988 - Mar 2023 |
New Zealand (USD mn) | 58,483.4 Dec 2022 | quarterly | Jun 1987 - Dec 2022 |
Nigeria (USD mn) | 111,302.5 Mar 2023 | quarterly | Mar 2010 - Mar 2023 |
Norway (USD mn) | 133,727.8 Dec 2022 | quarterly | Mar 1978 - Dec 2022 |
Oman (USD mn) | 27,116.8 Mar 2023 | quarterly | Mar 2005 - Mar 2023 |
Pakistan (USD mn) | 341,308.8 2023 | yearly | 2000 - 2023 |
Palestinian Territory (USD mn) | 4,747.2 Sep 2022 | quarterly | Mar 2000 - Sep 2022 |
Panama (USD mn) | 18,056.7 Sep 2022 | quarterly | Mar 2007 - Sep 2022 |
Paraguay (USD mn) | 10,371.6 Sep 2022 | quarterly | Mar 1994 - Sep 2022 |
Peru (USD mn) | 60,278.3 Mar 2023 | quarterly | Mar 1979 - Mar 2023 |
Philippines (USD mn) | 112,472.0 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
Poland (USD mn) | 188,184.3 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Portugal (USD mn) | 60,609.1 Sep 2022 | quarterly | Mar 1995 - Sep 2022 |
Qatar (USD mn) | 62,753.6 Sep 2022 | quarterly | Mar 2010 - Sep 2022 |
Romania (USD mn) | 84,896.6 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Russia (USD mn) | 677,540.7 Dec 2022 | quarterly | Mar 1993 - Dec 2022 |
Saudi Arabia (USD mn) | 272,995.3 Dec 2022 | quarterly | Mar 2003 - Dec 2022 |
Serbia (USD mn) | 17,095.0 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
Singapore (USD mn) | 120,606.6 Mar 2023 | quarterly | Mar 1975 - Mar 2023 |
Slovakia (USD mn) | 31,651.0 Mar 2023 | quarterly | Mar 1995 - Mar 2023 |
Slovenia (USD mn) | 15,628.1 Dec 2022 | quarterly | Mar 1995 - Dec 2022 |
South Africa (USD mn) | 98,826.0 Sep 2022 | quarterly | Mar 1960 - Sep 2022 |
Spain (USD mn) | 377,281.4 Mar 2023 | quarterly | Mar 1970 - Mar 2023 |
Sri Lanka (USD mn) | 17,949.0 Sep 2022 | quarterly | Mar 2002 - Sep 2022 |
Sudan (USD mn) | 30,863.0 2021 | yearly | 1960 - 2021 |
Sweden (USD mn) | 145,310.7 Mar 2023 | quarterly | Mar 1980 - Mar 2023 |
Switzerland (USD mn) | 201,987.0 Dec 2022 | quarterly | Mar 1980 - Dec 2022 |
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Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -1.2 Mar 2024 | quarterly | Jun 2003 - Mar 2024 |
Consolidated Fiscal Balance (USD mn) | -5,004.974 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
Tax Revenue (USD mn) | 126,588.506 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
Tax Revenue: % of GDP (%) | 29.7 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
National Government Debt (USD mn) | 650,929.8 2023 | yearly | 1999 - 2023 |
Government Debt: % of GDP (%) | 38.1 2023 | yearly | 1999 - 2023 |
Forecast: Government Expenditure (AUD bn) | 1,204.174 2029 | yearly | 1988 - 2029 |
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 |
DOT Forecast: Budget Aggregates: Revenue (AUD bn) | 819.600 2028 | yearly | 1997 - 2028 |
DOT Forecast: Budget Aggregates: Expenses (AUD bn) | 829.800 2028 | yearly | 1997 - 2028 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 1.986 2029 | yearly | 1980 - 2029 |
Trade Balance (USD mn) | 3,825.2 May 2024 | monthly | Jul 1971 - May 2024 |
Total Exports (USD mn) | 29,140.5 May 2024 | monthly | Jul 1971 - May 2024 |
Total Exports Growth (%) | -7.8 May 2024 | monthly | Jul 1972 - May 2024 |
Aluminum: Exports (USD th) | 4,436,553.090 2022 | yearly | 1995 - 2022 |
Exports: Medicament (USD th) | 1,314,102.737 2022 | yearly | 1995 - 2022 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 1,778,195.621 2022 | yearly | 1995 - 2022 |
Total Imports (USD mn) | 25,315.3 May 2024 | monthly | Jul 1971 - May 2024 |
Total Imports Growth (%) | 3.5 May 2024 | monthly | Jul 1972 - May 2024 |
Imports: Medicament (USD th) | 7,493,317.912 2022 | yearly | 1995 - 2022 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 6,198,455.930 2022 | yearly | 1995 - 2022 |
Total Exports to USA (USD mn) | 1,182.741 May 2024 | monthly | Jan 1988 - May 2024 |
Total Imports from USA (USD mn) | 3,035.371 May 2024 | monthly | Apr 1969 - May 2024 |
Total Exports to China (USD mn) | 11,453.041 May 2024 | monthly | Apr 1969 - May 2024 |
Total Imports from China (USD mn) | 6,342.407 May 2024 | monthly | Jan 1988 - May 2024 |
Trade Balance: Goods (AUD mn) | 5,441.000 May 2024 | monthly | Jul 1971 - May 2024 |
Trade Balance: sa: Goods (AUD mn) | 5,773.000 May 2024 | monthly | Jul 1971 - May 2024 |
Terms of Trade Index: sa (2021-2022=100) | 94.900 Mar 2024 | quarterly | Sep 1959 - Mar 2024 |
Export: Value: Coal, whether or not Pulverized, but not Agglomerated (AUD mn) | 6,926.000 May 2024 | monthly | Jan 1988 - May 2024 |
Export Value: SITC: FOB: MS: Copper Ore & Concentrate, Copper Matte & Cement Cop... (AUD mn) | 622.000 May 2024 | monthly | Jan 1988 - May 2024 |
Export Value: SITC: FOB: MS: Aluminum Ore & Concentrate (AUD mn) | 834.000 May 2024 | monthly | Jan 1988 - May 2024 |
Terms of Trade Index (2016-2017=100) | 106.800 Dec 2018 | quarterly | Sep 1959 - Dec 2018 |
Import Value: SITC: NF: Copper (AUD mn) | 100.000 May 2024 | monthly | Jan 1988 - May 2024 |
Import Value: SITC: NF: Aluminium (AUD mn) | 189.000 May 2024 | monthly | Jan 1988 - May 2024 |
Import Value: ANZSIC 2006: Metal Ore Mining (AUD mn) | 72.000 May 2024 | monthly | Jul 2005 - May 2024 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 1.0 Mar 2024 | quarterly | Jun 2004 - Mar 2024 |
Household Debt: % of GDP (%) | 116.6 Mar 2023 | quarterly | Jun 1988 - Mar 2023 |
Non-Performing Loans (USD mn) | 27,842.866 Mar 2024 | quarterly | Sep 1994 - Mar 2024 |
Money Supply M1 (USD mn) | 1,108,836.173 May 2024 | monthly | Feb 1975 - May 2024 |
Money Supply M2 (USD mn) | 2,008,430.675 May 2024 | monthly | Mar 1965 - May 2024 |
M2 Growth (%) | 5.0 May 2024 | monthly | Mar 1966 - May 2024 |
Foreign Exchange Reserves (USD mn) | 37,945.4 Jun 2024 | monthly | Jul 1969 - Jun 2024 |
Foreign Exchange Reserves: % of GDP (%) | 1.983 Mar 2024 | quarterly | Sep 1969 - Mar 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 1.5 May 2023 | monthly | Jul 1971 - May 2023 |
Gold Reserves (USD mn) | 6,032.669 Jun 2024 | monthly | Jan 1958 - Jun 2024 |
Total Deposits (USD mn) | 2,614,643.998 Mar 2023 | quarterly | Sep 2004 - Mar 2023 |
Total Deposits Growth (%) | 2.4 Mar 2024 | quarterly | Sep 2005 - Mar 2024 |
Domestic Credit (USD mn) | 3,637,649.5 Apr 2024 | monthly | Dec 2001 - Apr 2024 |
Domestic Credit Growth (%) | 0.3 Apr 2024 | monthly | Dec 2002 - Apr 2024 |
Debt Service Ratio: Households (%) | 18.800 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Debt Service Ratio: Private Non-Financial Sector (%) | 22.300 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Credit to Households (USD bn) | 1,953.455 Dec 2023 | quarterly | Dec 1977 - Dec 2023 |
Credit to Private Non-Financial Sector (USD bn) | 3,023.117 Dec 2023 | quarterly | Mar 1971 - Dec 2023 |
Household Debt (USD mn) | 2,015,982.5 Mar 2024 | quarterly | Jun 1988 - Mar 2024 |
Total Loans (USD mn) | 2,393,817.602 May 2024 | monthly | Sep 1976 - May 2024 |
Total Loans Growth (%) | 5.64 May 2024 | monthly | Sep 1977 - May 2024 |
Private Debt: % of Nominal GDP (%) | 124.29 Mar 2024 | quarterly | Mar 1990 - Mar 2024 |
Money Supply: M3 (AUD bn) | 3,018.703 May 2024 | monthly | Jul 1959 - May 2024 |
Money Supply: sa: M1 (AUD bn) | 1,669.934 May 2024 | monthly | Feb 1975 - May 2024 |
Money Supply: sa: M3 (AUD bn) | 3,024.745 May 2024 | monthly | Mar 1965 - May 2024 |
Official Reserve Assets: Total: in USD (USD mn) | 62,892.000 Jun 2024 | monthly | Jul 1969 - Jun 2024 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Economic Policy Uncertainty Index (Index) | 109.601 May 2024 | monthly | Jan 1997 - May 2024 |
Geopolitical Risk Index (%) | 0.127 Jun 2024 | monthly | Jan 1985 - Jun 2024 |
Exports: % of GDP (%) | 27.346 2022 | yearly | 2001 - 2022 |
Imports: % of GDP (%) | 21.613 2022 | yearly | 2001 - 2022 |
Business Confidence Growth (% Point) | 5.0 Jun 2024 | monthly | Jul 2013 - Jun 2024 |
Industrial Trends Survey: Composite Index: sa: Expected (Index) | 54.900 Mar 2024 | quarterly | Mar 2008 - Mar 2024 |
More Indicators for Australia
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