Australia GDP Annual Growth Rate 1960-2014 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Australia expanded 2.70 percent in the third quarter of 2014 over the same quarter of the previous year. GDP Annual Growth Rate in Australia averaged 3.48 percent from 1960 until 2014, reaching an all time high of 9 percent in the second quarter of 1964 and a record low of -3.40 percent in the second quarter of 1983. GDP Annual Growth Rate in Australia is reported by the Australian Bureau of Statistic.

      Forecast    
Australia GDP Annual Growth Rate


Actual Previous Highest Lowest Dates Unit Frequency
2.70 2.70 9.00 -3.40 1960 - 2014 percent Quarterly
Australia's economy is dominated by the service sector (65 percent of total GDP). Yet its economic success is based on abundance of agricultural and mineral resources. The most important and the fastest growing sector of the economy is industry with mining accounting for 13.5 percent of GDP, manufacturing for 11 percent and construction for 9.5 percent. Agriculture accounts for the remaining 2 percent of the GDP. This page provides - Australia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Australia GDP Annual Growth Rate - was last refreshed on Friday, December 19, 2014.

Calendar GMT Event Actual Previous Consensus Forecast (i)
2014-06-04 02:30 AM
GDP Growth Rate YoY  Q1
3.5% 2.7% (R) 3.3% 2.1%
2014-09-03 02:30 AM
GDP Growth Rate YoY  Q2
3.1% 3.5% 3.0% 3%
2014-12-03 12:30 AM
GDP Growth Rate YoY  Q3
2.7% 2.7% (R) 3.1% 3.0%
2015-03-04 12:30 AM
GDP Growth Rate YoY  Q4
2.7% 3%
2015-06-03 02:30 AM
GDP Growth Rate YoY  Q1
2.79%
2015-09-02 02:30 AM
GDP Growth Rate YoY  Q2
2.74%


Australia GDP Last Previous Highest Lowest Unit
GDP 1560.60 1532.40 1560.60 18.60 USD Billion [+]
GDP Growth Rate 0.30 0.50 4.50 -2.00 percent [+]
GDP Annual Growth Rate 2.70 2.70 9.00 -3.40 percent [+]
GDP Constant Prices 395148.00 393814.00 395148.00 59314.00 AUD Million [+]
Gross National Product 379020.00 379326.00 379326.00 51377.00 AUD Million [+]
GDP per capita 37492.85 37175.44 37492.85 13356.10 USD [+]
Gross Fixed Capital Formation 103088.00 105994.00 108346.00 8997.00 AUD Million [+]
GDP per capita PPP 42809.93 42447.51 42809.93 27898.88 USD [+]


GDP Annual Growth Rate Reference Previous Highest Lowest Unit
Australia 2.70 Aug/14 2.70 9.00 -3.40 percent [+]
Brazil -0.20 Aug/14 -0.90 10.10 -3.15 percent [+]
Canada 2.59 Aug/14 2.54 8.80 -3.70 percent [+]
China 7.30 Aug/14 7.50 14.20 3.80 percent [+]
Euro Area 0.80 Aug/14 0.80 5.00 -5.50 percent [+]
France 0.40 Aug/14 0.00 4.90 -4.30 percent [+]
Germany 1.20 Aug/14 1.00 5.20 -6.80 percent [+]
India 5.30 Aug/14 5.70 11.40 -5.20 percent [+]
Indonesia 5.01 Aug/14 5.12 7.16 1.56 percent [+]
Italy -0.50 Aug/14 -0.30 10.30 -6.90 percent [+]
Japan -1.20 Aug/14 -0.20 9.40 -9.40 percent [+]
Mexico 2.20 Aug/14 1.60 8.50 -8.10 percent [+]
Netherlands 1.10 Aug/14 1.10 5.80 -4.40 percent [+]
Russia 0.70 Aug/14 0.80 12.10 -11.20 percent [+]
South Korea 3.20 Aug/14 3.50 18.20 -7.30 percent [+]
Spain 1.60 Aug/14 1.30 5.80 -4.40 percent [+]
Switzerland 1.90 Aug/14 1.60 7.30 -3.70 percent [+]
Turkey 1.70 Aug/14 2.20 12.60 -14.70 percent [+]
United Kingdom 3.00 Aug/14 3.20 9.80 -5.80 percent [+]
United States 2.40 Aug/14 2.60 13.40 -4.10 percent [+]