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

The Gross Domestic Product in Australia expanded 1.80 percent in the third quarter of 2016 over the same quarter of the previous year. It is the lowest expansion since 2009. GDP Annual Growth Rate in Australia averaged 3.49 percent from 1960 until 2016, reaching an all time high of 9 percent in the first quarter of 1967 and a record low of -3.40 percent in the second quarter of 1983.

Australia GDP Annual Growth Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-06-01 01:30 AM Q1 3.1% 2.9% 2.8% 2.5%
2016-09-07 01:30 AM Q2 3.3% 3.1% 3.4% 3%
2016-12-07 12:30 AM Q3 1.8% 3.3% 2.5% 2.6%
2017-03-01 12:30 AM Q4 1.8% 1.56%
2017-03-02 12:30 AM Q4 1.56%
2017-06-01 01:30 AM Q1 1.42%




Australia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.50 0.60 4.40 -2.10 percent [+]
GDP Annual Growth Rate 1.80 3.10 9.00 -3.40 percent [+]
GDP 1339.54 1454.68 1563.90 18.60 USD Billion [+]
GDP Constant Prices 417688.00 419674.00 419674.00 60438.00 AUD Million [+]
Gross National Product 406142.00 402695.00 406142.00 55132.00 AUD Million [+]
Gross Fixed Capital Formation 101340.00 104168.00 114469.00 9479.00 AUD Million [+]
GDP per capita 54717.71 54232.66 54717.71 19172.27 USD [+]
GDP per capita PPP 43654.58 43267.60 43654.58 27874.89 USD [+]
GDP From Agriculture 9601.00 8934.00 9980.00 3301.00 AUD Million [+]
GDP From Construction 32222.00 33412.00 33842.00 7962.00 AUD Million [+]
GDP From Manufacturing 24657.00 24687.00 29210.00 15598.00 AUD Million [+]
GDP From Mining 28476.00 28705.00 29606.00 5812.00 AUD Million [+]
GDP From Public Administration 22750.00 22734.00 22757.00 7406.00 AUD Million [+]
GDP From Utilities 10629.00 10697.00 10768.00 3808.00 AUD Million [+]



Australia GDP Annual Growth Rate Notes

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 (13.5 percent of GDP) and agriculture (2 percent of GDP) as the country is a major exporter of commodities. Other sectors include: manufacturing (11 percent) and construction (9.5 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
1.80 3.10 9.00 -3.40 1960 - 2016 percent Quarterly



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