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Australia · GDP annual growth rate

Australia GDP annual growth rate

Source: OECD (via DBnomics). · updated 2024-12-31

Latest · 202453.88%
Previous · 202355.18%
Highest · 199164.96%
Lowest · 202151.54%

Australia's gdp annual growth rate stands at 53.88% as of 2024-12-31, down from 55.18% in 2023. Historical data runs from 1990 to 2024 (35 observations).

Recent trend

In 2024, Australia's gdp annual growth rate was 53.88%, down from 55.18% in 2023.

In 2023, Australia's gdp annual growth rate was 55.18%, up from 53.6% in 2022.

In 2022, Australia's gdp annual growth rate was 53.6%, up from 51.54% in 2021.

In 2021, Australia's gdp annual growth rate was 51.54%, down from 52.6% in 2020.

In 2020, Australia's gdp annual growth rate was 52.6%, down from 53.84% in 2019.

Australia GDP annual growth rate — historical data

YearValueChange
202453.88%-1.3%
202355.18%+1.57%
202253.6%+2.06%
202151.54%-1.06%
202052.6%-1.23%
201953.84%+0.2456%
201853.59%-0.655%
201754.25%+0.4307%
201653.82%+0.5161%
201553.3%+0.2452%
201453.05%-0.9089%
201353.96%+1.23%
201252.73%-0.8423%
201153.57%-0.7035%
201054.28%-0.1018%
200954.38%+2.17%
200852.21%-2.26%
200754.47%+0.6491%
200653.82%-3.64%
200557.46%-0.9636%
200458.43%+0.1155%
200358.31%+0.7895%
200257.52%-0.6235%
200158.14%+0.4489%
200057.69%-1.42%
199959.11%-1.61%
199860.72%+0.8154%
199759.9%-0.5498%
199660.45%-0.9531%
199561.4%-0.11%
199461.51%-0.5863%
199362.1%-2.85%
199264.95%-0.0086%
199164.96%+2.08%
199062.88%

Source: OECD (via DBnomics). · Download this series as CSV — free, attribution required (CC BY 4.0).

More Australia data

Frequently asked questions

What is Australia's gdp annual growth rate?

Australia's gdp annual growth rate is 53.88% as of 2024-12-31, compared with 55.18% in 2023. Source: OECD (via DBnomics).

What was the highest gdp annual growth rate in Australia?

The highest recorded value is 64.96% (1991); the lowest is 51.54% (2021), across data from 1990 to 2024.

Where does this data come from?

Source: OECD (via DBnomics). Figures are republished with attribution and updated as the source releases new observations.