Australia GDP Annual Growth Rate 1960-2015 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Australia expanded 2.30 percent in the first quarter of 2015 over the same quarter of the previous year. GDP Annual Growth Rate in Australia averaged 3.47 percent from 1960 until 2015, 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.

Australia GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
2.30 2.50 9.00 -3.40 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. Content for - Australia GDP Annual Growth Rate - was last refreshed on Sunday, August 30, 2015.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2014-12-03 12:30 AM Q3 2.7% 2.7%(R) 3.1% 3.0%
2015-03-04 12:30 AM Q4 2.5% 2.7% 2.5% 2.5%
2015-06-03 02:30 AM Q1 2.3% 2.5% 2.1% 2.1%
2015-09-02 02:30 AM Q2 2.3% 2.2% 2.2%
2015-12-02 12:30 AM Q3 2.56%

Australia GDP Last Previous Highest Lowest Unit
GDP 1453.77 1560.37 1560.37 18.60 USD Billion [+]
GDP Growth Rate 0.90 0.50 4.50 -2.00 percent [+]
GDP Annual Growth Rate 2.30 2.50 9.00 -3.40 percent [+]
GDP Constant Prices 400856.00 397154.00 400856.00 59435.00 AUD Million [+]
Gross National Product 381799.00 380412.00 381799.00 52637.00 AUD Million [+]
GDP per capita 37828.25 37497.07 37828.25 13397.88 USD [+]
Gross Fixed Capital Formation 101326.00 102472.00 108733.00 9150.00 AUD Million [+]
GDP per capita PPP 43218.75 42809.93 43218.75 27898.88 USD [+]
GDP From Agriculture 9131.00 8987.00 9351.00 3045.00 AUD Million [+]
GDP From Construction 30731.00 30983.00 31624.00 7506.00 AUD Million [+]
GDP From Manufacturing 24796.00 24729.00 27976.00 14947.00 AUD Million [+]
GDP From Mining 35173.00 34000.00 35173.00 5812.00 AUD Million [+]
GDP From Public Administration 21044.00 20935.00 21074.00 7323.00 AUD Million [+]
GDP From Utilities 10725.00 10707.00 11007.00 3936.00 AUD Million [+]


GDP Annual Growth Rate Reference Previous Highest Lowest Unit
Australia 2.30 Mar/15 2.50 9.00 -3.40 percent [+]
Brazil -2.60 Jun/15 -1.60 10.10 -3.15 percent [+]
Canada 2.06 Mar/15 2.63 8.80 -3.70 percent [+]
China 7.00 Jun/15 7.00 14.20 3.80 percent [+]
Euro Area 1.20 Jun/15 1.00 5.00 -5.60 percent [+]
France 1.00 Jun/15 0.82 12.50 -3.95 percent [+]
Germany 1.60 Jun/15 1.20 6.00 -7.90 percent [+]
India 7.50 Mar/15 6.60 11.40 -5.20 percent [+]
Indonesia 4.67 Jun/15 4.71 7.16 1.56 percent [+]
Italy 0.50 Jun/15 0.10 10.30 -6.90 percent [+]
Japan 0.70 Jun/15 -1.00 9.40 -9.40 percent [+]
Mexico 2.20 Jun/15 2.50 8.50 -8.10 percent [+]
Netherlands 1.60 Jun/15 2.50 5.80 -4.40 percent [+]
Russia -4.60 Jun/15 -2.20 12.10 -11.20 percent [+]
South Korea 2.20 Jun/15 2.50 18.20 -7.30 percent [+]
Spain 3.10 Jun/15 2.70 5.60 -4.30 percent [+]
Switzerland 1.20 Jun/15 1.20 5.40 -3.60 percent [+]
Turkey 2.30 Mar/15 2.60 12.60 -14.70 percent [+]
United Kingdom 2.60 Jun/15 2.90 9.80 -5.80 percent [+]
United States 2.70 Jun/15 2.90 13.40 -4.10 percent [+]