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

Through the year, the economy grew by 3.1 percent, accelerating from a downwardly revised 2.9 percent in the December quarter and beating expectations of 2.8 percent expansion. It is the fastest expansion since the third quarter 2012. GDP Annual Growth Rate in Australia averaged 3.50 percent from 1960 until 2016, 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
3.10 3.00 9.00 -3.50 1960 - 2016 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 June of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
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 3.1% 2.9% 2.8% 2.5%
2016-09-07 01:30 AM Q2 3.1% 3%
2016-12-02 12:30 AM Q3 2.8%

Australia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.10 0.60 4.40 -2.00 percent [+]
GDP Annual Growth Rate 3.10 3.00 9.00 -3.50 percent [+]
GDP 1454.68 1560.39 1560.39 18.60 USD Billion [+]
GDP Constant Prices 420023.00 415605.00 420023.00 60536.00 AUD Million [+]
Gross National Product 387643.00 386902.00 388716.00 53966.00 AUD Million [+]
Gross Fixed Capital Formation 98469.00 100136.00 111404.00 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 9245.00 8876.00 9321.00 3045.00 AUD Million [+]
GDP From Construction 32094.00 31939.00 32094.00 7506.00 AUD Million [+]
GDP From Manufacturing 24366.00 24237.00 27976.00 14947.00 AUD Million [+]
GDP From Mining 38935.00 36544.00 38935.00 5812.00 AUD Million [+]
GDP From Public Administration 23179.00 21882.00 23179.00 7323.00 AUD Million [+]
GDP From Utilities 11224.00 11307.00 11307.00 3936.00 AUD Million [+]




Last
Ivory Coast 10.30 Dec/15
Ethiopia 9.60 Dec/15
Ireland 9.20 Dec/15
Papua New Guinea 9.00 Dec/15
India 7.90 Mar/16
Congo 7.70 Dec/15
Uzbekistan 7.50 Mar/16
Rwanda 7.30 Mar/16
Monaco 7.20 Dec/14
Tanzania 7.10 Dec/15
Bangladesh 7.05 Dec/16
Laos 7.00 Dec/15
Myanmar 7.00 Dec/15
Cambodia 6.90 Dec/15
Philippines 6.90 Mar/16
China 6.70 Mar/16
Djibouti 6.70 Dec/15
Turkmenistan 6.70 Dec/15
Uganda 6.68 Dec/15
Nicaragua 6.60 Dec/15
Tajikistan 6.50 Mar/16
Senegal 6.40 Mar/16
Dominican Republic 6.10 Dec/15
Palestine 6.10 Dec/15
Togo 6.00 Dec/15
Bolivia 5.95 Dec/15
Benin 5.70 Dec/15
Chad 5.60 Dec/15
Kenya 5.60 Dec/15
Bhutan 5.50 Dec/15
Sri Lanka 5.50 Mar/16
Vietnam 5.46 Mar/16
Mozambique 5.30 Mar/16
Sao Tome and Principe 5.30 Dec/15
Malta 5.20 Mar/16
Guinea Bissau 5.00 Dec/15
Kosovo 5.00 Dec/15
Zambia 5.00 Dec/15
Indonesia 4.92 Mar/16
Angola 4.90 Dec/15
Central African Republic 4.90 Dec/15
Ghana 4.90 Mar/16
Niger 4.90 Dec/15
Sudan 4.90 Dec/15
Turkey 4.80 Mar/16
Gambia 4.70 Dec/15
Mali 4.70 Dec/15
Morocco 4.70 Dec/15
Panama 4.60 Mar/16
Armenia 4.40 Mar/16
Luxembourg 4.40 Mar/16
Peru 4.40 Mar/16
Cuba 4.30 Dec/15
East Timor 4.30 Dec/15
Romania 4.30 Mar/16
Seychelles 4.30 Dec/15
Pakistan 4.24 Dec/15
Burkina Faso 4.20 Dec/15
Gabon 4.20 Dec/15
Iceland 4.20 Mar/16
Malaysia 4.20 Mar/16
Sweden 4.20 Mar/16
Guatemala 4.10 Dec/15
Fiji 4.00 Dec/15
Qatar 4.00 Dec/15
Algeria 3.90 Dec/15
United Arab Emirates 3.90 Dec/15
Egypt 3.80 Dec/15
Honduras 3.60 Dec/15
Mauritius 3.60 Dec/15
Saudi Arabia 3.60 Dec/15
Namibia 3.50 Mar/16
Serbia 3.50 Mar/16
Lesotho 3.40 Dec/15
Slovakia 3.40 Mar/16
Spain 3.40 Mar/16
Costa Rica 3.30 Dec/15
Cape Verde 3.20 Dec/15
Comoros 3.20 Dec/15
Thailand 3.20 Mar/16
Australia 3.10 Mar/16
Mauritania 3.10 Dec/15
Mongolia 3.10 Mar/16
Czech Republic 3.00 Mar/16
Guyana 3.00 Dec/15
Madagascar 3.00 Dec/15
Poland 3.00 Mar/16
Bulgaria 2.90 Mar/16
Malawi 2.90 Dec/15
Maldives 2.90 Dec/15
Bahrain 2.80 Dec/15
New Zealand 2.80 Mar/16
South Korea 2.80 Mar/16
Croatia 2.70 Mar/16
Cyprus 2.70 Mar/16
Cameroon 2.60 Dec/15
El Salvador 2.60 Dec/15
Georgia 2.60 Mar/16
Jordan 2.60 Dec/15
Mexico 2.60 Mar/16
Somalia 2.60 Dec/14
Colombia 2.50 Mar/16
Lithuania 2.50 Mar/16
Slovenia 2.50 Mar/16
Iraq 2.40 Dec/15
Albania 2.15 Dec/15
Afghanistan 2.10 Dec/15
Bosnia and Herzegovina 2.10 Dec/15
Latvia 2.10 Mar/16
Chile 2.00 Mar/16
Macedonia 2.00 Mar/16
United Kingdom 2.00 Mar/16
United States 2.00 Mar/16
Cayman Islands 1.90 Sep/15
European Union 1.80 Mar/16
Singapore 1.80 Mar/16
Estonia 1.70 Mar/16
Euro Area 1.70 Mar/16
Haiti 1.70 Dec/15
Israel 1.70 Mar/16
Swaziland 1.70 Dec/15
Austria 1.60 Mar/16
Finland 1.60 Mar/16
Belgium 1.50 Mar/16
Netherlands 1.50 Mar/16
Paraguay 1.50 Mar/16
Zimbabwe 1.50 Dec/15
Montenegro 1.40 Dec/15
France 1.30 Mar/16
Germany 1.30 Mar/16
Bahamas 1.20 Dec/15
Republic of the Congo 1.20 Dec/15
Canada 1.10 Mar/16
Italy 1.00 Mar/16
Lebanon 1.00 Dec/15
North Korea 1.00 Dec/14
Tunisia 1.00 Mar/16
Argentina 0.90 Dec/15
Hungary 0.90 Mar/16
Portugal 0.90 Mar/16
Hong Kong 0.80 Mar/16
Moldova 0.80 Mar/16
Nepal 0.77 Dec/15
Jamaica 0.70 Dec/15
Norway 0.70 Mar/16
Switzerland 0.70 Mar/16
Belize 0.60 Dec/15
Denmark 0.60 Mar/16
Iran 0.60 Mar/15
Eritrea 0.30 Dec/15
Liberia 0.30 Dec/15
New Caledonia 0.30 Dec/14
Barbados 0.20 Dec/14
Suriname 0.20 Dec/15
Guinea 0.10 Dec/15
Japan 0.10 Mar/16
Ukraine 0.10 Mar/16
Kazakhstan -0.20 Mar/16
South Africa -0.20 Mar/16
Nigeria -0.40 Mar/16
Brunei -0.50 Dec/15
Uruguay -0.50 Mar/16
Puerto Rico -0.60 Dec/15
Taiwan -0.68 Mar/16
Liechtenstein -0.80 Dec/14
Ecuador -0.90 Dec/15
Russia -1.20 Mar/16
Greece -1.30 Mar/16
Kuwait -1.60 Dec/14
Botswana -1.90 Dec/15
Syria -2.30 Dec/11
Trinidad and Tobago -3.00 Dec/15
Azerbaijan -3.50 Mar/16
Belarus -3.60 Mar/16
Burundi -4.10 Dec/15
Kyrgyzstan -4.90 Mar/16
South Sudan -5.30 Dec/15
Brazil -5.40 Mar/16
Libya -6.00 Dec/15
Venezuela -7.10 Sep/15
Equatorial Guinea -10.60 Dec/15
Macau -13.30 Mar/16
Oman -14.10 Dec/15
Sierra Leone -21.50 Dec/15
Yemen -28.10 Dec/15