The Gross Domestic Product (GDP) in Australia was worth 1752.19 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Australia represents 1.65 percent of the world economy. source: World Bank
GDP in Australia averaged 540.70 USD Billion from 1960 until 2024, reaching an all time high of 1752.19 USD Billion in 2024 and a record low of 18.61 USD Billion in 1960. This page provides - Australia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia GDP - values, historical data and charts - was last updated on February of 2026.
GDP in Australia is expected to reach 1798.00 USD Billion by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia GDP is projected to trend around 1843.00 USD Billion in 2027 and 1892.00 USD Billion in 2028, according to our econometric models.