The Gross Domestic Product (GDP) in Australia expanded 2.10 percent in the third quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Australia averaged 3.32 percent from 1960 until 2025, reaching an all time high of 10.30 percent in the second quarter of 2021 and a record low of -5.80 percent in the second quarter of 2020. source: Australian Bureau of Statistics
GDP Annual Growth Rate in Australia is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia GDP Annual Growth Rate is projected to trend around 2.40 percent in 2027 and 2.30 percent in 2028, according to our econometric models.