Australia GDP Annual Growth Rate  1960-2016 | Data | Chart | Calendar

Australian GDP expanded by 3.0 percent year-on-year in the last quarter of 2015, accelerating from an upwardly revised 2.7 percent in the September quarter and beating expectations. Ii is the fastest expansion since the third quarter of 2012. GDP Annual Growth Rate in Australia averaged 3.50 percent from 1960 until 2015, reaching an all time high of 9 percent in the first quarter of 1967 and a record low of -3.50 percent in the second quarter of 1983. GDP Annual Growth Rate in Australia is reported by the Australian Bureau of Statistics.

Australia GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
3.00 2.70 9.00 -3.50 1960 - 2015 percent Quarterly
Australia's economy is dominated by the service sector (65 percent of total GDP). Yet its economic success in recent years has been based on the mining sector (13.5 percent of GDP) as foreigners paid more each year for key commodity exports, triggering huge investment in resources infrastructure. Other sectors include: manufacturing (11 percent), construction (9.5 percent) and agriculture (2 percent). . This page provides - Australia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-09-02 02:30 AM Q2 2.0% 2.5% 2.2% 2.2%
2015-12-02 12:30 AM Q3 2.5% 1.9% 2.4% 2.1%
2016-03-02 12:30 AM Q4 3.0% 2.7% 2.5% 2.6%
2016-06-01 01:30 AM Q1 3% 2.5%
2016-09-02 01:30 AM Q2 2.4%
2016-12-02 12:30 AM Q3 1.9%

Australia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.60 1.10 4.40 -2.00 percent [+]
GDP Annual Growth Rate 3.00 2.70 9.00 -3.50 percent [+]
GDP 1454.68 1560.39 1560.39 18.60 USD Billion [+]
GDP Constant Prices 415236.00 412628.00 415236.00 60536.00 AUD Million [+]
Gross National Product 386902.00 386409.00 388716.00 53966.00 AUD Million [+]
Gross Fixed Capital Formation 100085.00 100722.00 111503.00 9292.00 AUD Million [+]
GDP per capita 37828.25 37497.07 37828.25 13397.88 USD [+]
GDP per capita PPP 43218.75 42809.93 43218.75 27898.88 USD [+]
GDP From Agriculture 8876.00 8733.00 9321.00 3045.00 AUD Million [+]
GDP From Construction 31939.00 31582.00 31939.00 7506.00 AUD Million [+]
GDP From Manufacturing 24237.00 25033.00 27976.00 14947.00 AUD Million [+]
GDP From Mining 36544.00 36217.00 36544.00 5812.00 AUD Million [+]
GDP From Public Administration 21882.00 21535.00 21882.00 7323.00 AUD Million [+]
GDP From Utilities 11307.00 10971.00 11307.00 3936.00 AUD Million [+]




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Romania 3.70 Dec/15
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Suriname 3.40 Dec/14
Colombia 3.30 Dec/15
Costa Rica 3.30 Dec/15
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Cape Verde 3.20 Dec/15
Hungary 3.20 Dec/15
Iceland 3.20 Dec/15
Madagascar 3.20 Dec/14
Australia 3.00 Dec/15
Bulgaria 3.00 Dec/15
Comoros 3.00 Dec/15
Guyana 3.00 Dec/15
Luxembourg 3.00 Dec/15
Malawi 3.00 Dec/15
Georgia 2.90 Dec/15
Mexico 2.90 Mar/16
Bahrain 2.80 Dec/15
Thailand 2.80 Dec/15
Cyprus 2.70 Dec/15
South Korea 2.70 Mar/16
Sudan 2.70 Dec/14
El Salvador 2.60 Dec/15
Jordan 2.60 Sep/15
Somalia 2.60 Dec/14
Sri Lanka 2.50 Dec/15
Swaziland 2.50 Dec/14
Mongolia 2.30 Dec/15
New Zealand 2.30 Dec/15
Israel 2.20 Dec/15
Lithuania 2.20 Mar/16
Albania 2.15 Dec/15
Nigeria 2.11 Dec/15
Afghanistan 2.10 Dec/15
Bosnia and Herzegovina 2.10 Dec/15
Germany 2.10 Dec/15
United Kingdom 2.10 Mar/16
United States 2.00 Mar/16
Armenia 1.90 Dec/16
Cayman Islands 1.90 Sep/15
Croatia 1.90 Dec/15
Eritrea 1.90 Dec/14
Hong Kong 1.90 Dec/15
Latvia 1.80 Mar/16
Singapore 1.80 Mar/16
European Union 1.70 Mar/16
Haiti 1.70 Dec/15
Euro Area 1.60 Mar/16
Netherlands 1.60 Dec/15
Belgium 1.50 Mar/16
Jamaica 1.50 Sep/15
Montenegro 1.40 Dec/15
Austria 1.30 Mar/16
Chile 1.30 Dec/15
France 1.30 Mar/16
Portugal 1.30 Dec/15
Bahamas 1.20 Dec/15
Serbia 1.20 Dec/15
Paraguay 1.10 Dec/15
Italy 1.00 Dec/15
Lebanon 1.00 Dec/15
North Korea 1.00 Dec/14
Argentina 0.90 Dec/15
Estonia 0.70 Dec/15
Japan 0.70 Dec/15
Belize 0.60 Dec/15
Finland 0.60 Dec/15
Iran 0.60 Mar/15
South Africa 0.60 Dec/15
Canada 0.50 Dec/15
Denmark 0.50 Dec/15
Switzerland 0.40 Dec/15
Liberia 0.30 Dec/15
New Caledonia 0.30 Dec/14
Tunisia 0.30 Dec/15
Barbados 0.20 Dec/14
Norway 0.10 Dec/15
Uruguay -0.10 Dec/15
Kazakhstan -0.20 Mar/16
Brunei -0.50 Dec/15
Greece -0.70 Dec/15
Liechtenstein -0.80 Dec/14
Taiwan -0.84 Mar/16
Ecuador -0.90 Dec/15
Puerto Rico -0.90 Dec/14
Gambia -1.40 Dec/14
Ukraine -1.40 Dec/15
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Botswana -1.90 Dec/15
Trinidad and Tobago -2.00 Sep/15
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Russia -3.80 Dec/15
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Brazil -5.90 Dec/15
Venezuela -7.10 Sep/15
Macau -14.40 Dec/15
Libya -21.80 Dec/14
Yemen -28.10 Dec/15