Australia GDP Growth Rate — 2026 Data, Trend & Forecast
Australia's GDP growth rate was 2.14% in June 2026, down from 2.50% the previous quarter. A year earlier it stood at 1.90%.
Australia's GDP growth rate stands at 2.14% as of June 2026. Over the latest readings, the GDP growth rate has moved within a band of -5.85% to 10.21%. The most recent figure of 2.14% is down from 2.50% a quarter earlier, and is 0.24% higher than a year ago.
The trend
Among the 214 economies tracked on this platform, Australia ranks #142 on GDP growth rate by latest value. It fell from 2.50% in the previous quarter, and compares with a year-earlier 1.90%.
What's driving it
Growth reflects household spending, investment, government outlays and net exports, and is sensitive to interest rates, global demand and confidence.
Recent readings
| Period | GDP growth rate |
|---|---|
| Jun 2026 | 2.14% |
| Mar 2026 | 2.50% |
| Dec 2025 | 2.61% |
| Sep 2025 | 2.13% |
| Jun 2025 | 1.90% |
| Mar 2025 | 1.28% |
| Dec 2024 | 1.23% |
| Sep 2024 | 0.82% |
Data: Source: OECD (terms permit extract/distribute, incl. commercial, with citation). Figures carry an effective date; confirm with the source before relying on them.
Frequently asked questions
What Is the GDP Growth Rate of Australia in 2026?
Australia's GDP growth rate was 2.14% in June 2026, down from 2.50% the previous quarter. A year earlier it stood at 1.90%.
Is the GDP growth rate rising or falling in Australia?
It fell in the latest reading — 2.14% in June 2026 versus 2.50% a quarter earlier. Year on year it is higher.
What is GDP growth rate?
It measures how fast the economy is expanding, measured as the annual change in gross domestic product.