Australia has the 12th largest economy in the world and is one of the richest countries in the world. The gross domestic product (GDP) of Australia is $1,339.54 (USD Billion) and its growth was 2.26% from 2014 to 2015. Its highest GDP was recorded in 2013 and its average GDP in the last 10 years is $1,200.89 (USD Billion).
Australia GDP per capita is $56,327.72 (USD). However, when factoring in purchase power parity (PPP), it becomes $45,514.18 (USD), making it the 21st richest country in the world. The average GDP adjusted to PPP per capita in the last 10 years was $40,907.90 (USD).
GDP Of Australia Per Year
Australia's GDP & Other Economic Statistics
|GNI per capita, PPP||44,570.00||44,710.00||44,710.00||International $|
|GNI, PPP||1,060.01||1,049.07||1,060.01||International $ Billion|
|Gross domestic savings||337.12||388.86||434.01||USD Billion|
|GDP per capita, PPP||45,514.18||45,937.30||45,937.30||International $|
|GDP per capita growth||0.89||0.99||3.11||%|
|GDP per capita||56,327.72||61,995.83||67,652.68||USD|
|Services, etc., value added||881.09||959.23||1,031.84||USD Billion|
|Industry, value added||339.04||368.10||406.51||USD Billion|
|Manufacturing, value added||83.47||93.46||109.03||USD Billion|
|Agriculture, value added||29.80||32.72||36.23||USD Billion|
|Gross fixed capital formation||355.19||397.66||441.83||USD Billion|
|Tax revenue||22.18||22.20||24.58||% of GDP|
What is Gross Domestic Product (GDP)?
Gross Domestic Product (GDP) is a measure of market value of all final goods and service produced in a yearly period. This page provides the GDP of Australia – current values and historical information. The information was last updated 2016.
GDP Of Australia vs. Other Countries
|Rank||Country||GDP (USD Billion), 2015|