Australia GDP (2026)

IMF (2026)

Nominal (current) Gross Domestic Product (GDP) of Australia is $2.11 trillion ($2,110,657,000,000) as of 2026, according to the International Monetary Fund (IMF). #14 in the world
The GDP growth rate in 2026 is 1.9%, according to the International Monetary Fund (IMF).
GDP per Capita in Australia (with a population of 27,227,096 people) is $75,172 in 2026, an increase of $8,793 from $66,379 in 2025; this represents a change of 13.2% in GDP per capita. #16 in the world

GDP Change (%)

Gross Domestic Product (GDP) of Australia

YearGDP Nominal (Current USD)GDP GrowthGDP per capitaPop. Change
2026$2,110,657,000,0001.9%$75,172+0.94%
2025$1,840,755,000,0002.0%$66,379+0.98%
2024$1,799,014,000,0001.0%$65,685+0.99%
2023$1,748,100,000,0002.1%$64,849+0.95%
2022$1,731,293,000,0004.2%$65,778+0.94%
2021$1,660,108,000,0005.4%$64,411+0.83%
2020$1,366,592,000,000−2.0%$53,319+1.02%
2019$1,391,999,000,0002.0%$54,544+1.45%
2018$1,422,650,000,0002.8%$56,575+1.57%
2017$1,386,401,000,0002.4%$55,996+1.65%
2016$1,267,648,000,0002.7%$51,985+1.59%
2015$1,238,841,000,0002.3%$51,652+1.49%
2014$1,463,096,000,0002.6%$61,890+1.55%
2013$1,526,585,000,0002.2%$65,525+1.68%
2012$1,575,907,000,0003.9%$68,733+1.66%
2011$1,520,464,000,0002.8%$67,510+1.53%
2010$1,258,448,000,0002.4%$56,757+1.65%
2009$1,004,205,000,0002.0%$45,926+1.93%
2008$1,059,501,000,0002.7%$49,335+1.99%
2007$951,924,000,0004.4%$45,295+1.77%
2006$784,846,000,0002.6%$38,048+1.46%
2005$737,715,000,0003.0%$36,320+1.24%
2004$659,807,000,0004.1%$32,915+1.15%
2003$542,013,000,0003.0%$27,337+1.14%
2002$426,225,000,0004.1%$21,740+1.19%
2001$378,786,000,0002.6%$19,539+1.22%
2000$401,053,000,0003.1%$20,952+1.18%
1999$412,711,000,0004.4%$21,814+1.11%
1998$382,165,000,0004.7%$20,431+1.06%
1997$427,122,000,0004.7%$23,075+1.09%
1996$425,319,000,0004.0%$23,203+1.16%
1995$379,778,000,0003.0%$20,960+1.11%
1994$353,884,000,0004.9%$19,777+0.98%
1993$309,732,000,0003.9%$17,480+0.99%
1992$318,439,000,0002.6%$18,137+1.13%
1991$324,883,000,000−1.0%$18,694+1.32%
1990$324,557,000,0001.5%$18,903+1.52%
1989$308,788,000,0004.6%$18,232+1.66%
1988$271,433,000,0004.3%$16,266+1.67%
1987$213,371,000,0004.9%$13,015+1.57%
1986$181,708,000,0002.4%$11,259+1.48%
1985$174,607,000,0005.5%$10,981+1.38%
1984$197,387,000,0006.3%$12,591+1.33%
1983$179,706,000,000−0.5%$11,606+1.46%
1982$187,287,000,0000.1%$12,250+1.63%
1981$188,650,000,0004.1%$12,544+1.55%
1980$163,132,000,0002.9%$11,021+1.30%
YearGDP PPPGDP PPP per CapitaPPP Per Capita ChangePop. Change
2026$2,106,908,000,000$75,0394.1%+0.94%
2025$1,999,618,000,000$72,1083.4%+0.98%
2024$1,910,449,000,000$69,7542%+0.99%
2023$1,843,965,000,000$68,4053.5%+0.95%
2022$1,740,220,000,000$66,1179.3%+0.94%
2021$1,558,738,000,000$60,47812.1%+0.83%
2020$1,383,041,000,000$53,9600.4%+1.02%
2019$1,371,698,000,000$53,7494.5%+1.45%
2018$1,293,239,000,000$51,4294.1%+1.57%
2017$1,223,711,000,000$49,4252.6%+1.65%
2016$1,174,155,000,000$48,1512%+1.59%
2015$1,132,503,000,000$47,2181.8%+1.49%
2014$1,096,668,000,000$46,3902.8%+1.55%
2013$1,051,000,000,000$45,1122.3%+1.68%
2012$1,010,723,000,000$44,0823.9%+1.66%
2011$955,227,000,000$42,4133.2%+1.53%
2010$910,857,000,000$41,0812.2%+1.65%
2009$878,588,000,000$40,1810.8%+1.93%
2008$856,260,000,000$39,8712.4%+1.99%
2007$818,291,000,000$38,9365.2%+1.77%
2006$763,431,000,000$37,0104.2%+1.46%
2005$721,561,000,000$35,5254.9%+1.24%
2004$679,008,000,000$33,8725.7%+1.15%
2003$635,151,000,000$32,0343.9%+1.14%
2002$604,609,000,000$30,8394.6%+1.19%
2001$571,653,000,000$29,4873.6%+1.22%
2000$544,981,000,000$28,4724.2%+1.18%
1999$516,844,000,000$27,3184.7%+1.11%
1998$488,059,000,000$26,0924.8%+1.06%
1997$461,022,000,000$24,9075.5%+1.09%
1996$432,773,000,000$23,6104.7%+1.16%
1995$408,768,000,000$22,5593.8%+1.11%
1994$388,866,000,000$21,7326.1%+0.98%
1993$363,036,000,000$20,4885.4%+0.99%
1992$341,260,000,000$19,4373.9%+1.13%
1991$325,194,000,000$18,7121.1%+1.32%
1990$317,687,000,000$18,5033.9%+1.52%
1989$301,743,000,000$17,8167.1%+1.66%
1988$277,507,000,000$16,6306%+1.67%
1987$257,118,000,000$15,6835.8%+1.57%
1986$239,197,000,000$14,8213%+1.48%
1985$228,873,000,000$14,3947.3%+1.38%
1984$210,379,000,000$13,4198.8%+1.33%
1983$190,933,000,000$12,3312.1%+1.46%
1982$184,613,000,000$12,0754.5%+1.63%
1981$173,760,000,000$11,55412.2%+1.55%
1980$152,449,000,000$10,299–+1.30%
YearGDP Nominal (Current USD)GDP Real (Constant, Inflation Adjusted)Pop. Change
2025$1,798,518,933,689$1,694,657,951,604+0.98%
2024$1,757,022,451,653$1,672,078,242,948+0.99%
2023$1,734,451,264,656$1,649,424,913,624+0.95%
2022$1,695,627,535,476$1,592,357,665,099+0.94%
2021$1,560,617,493,203$1,527,396,783,520+0.83%
2020$1,333,336,461,648$1,497,345,824,797+1.02%
2019$1,398,349,602,956$1,499,347,932,644+1.45%
2018$1,433,144,978,762$1,467,158,231,105+1.57%
2017$1,330,890,554,614$1,426,167,740,135+1.65%
2016$1,211,588,128,418$1,394,194,533,275+1.59%
2015$1,356,805,839,936$1,356,805,839,936+1.49%
2014$1,474,677,007,566$1,328,061,960,035+1.55%
2013$1,583,737,461,925$1,294,392,358,274+1.68%
2012$1,552,728,401,402$1,260,921,781,881+1.66%
2011$1,402,939,868,653$1,212,979,128,949+1.53%
2010$1,152,566,632,022$1,184,610,839,240+1.65%
2009$931,761,689,771$1,158,996,461,663+1.93%
2008$1,058,448,244,064$1,136,774,249,983+1.99%
2007$856,603,595,823$1,097,018,464,974+1.77%
2006$749,708,370,333$1,056,965,077,771+1.46%
2005$696,811,489,613$1,028,467,016,035+1.24%
2004$615,643,050,221$997,006,658,240+1.15%
2003$468,517,181,130$956,646,310,281+1.14%
2002$396,436,967,263$927,960,453,450+1.19%
2001$380,360,222,861$892,700,520,464+1.22%
2000$416,901,962,163$874,926,744,106+1.18%
1999$390,347,787,943$841,955,290,890+1.11%
1998$400,361,527,505$801,646,726,962+1.06%
1997$436,321,902,767$765,830,271,633+1.09%
1996$401,962,517,479$736,956,619,706+1.16%
1995$368,725,126,225$709,528,553,282+1.11%
1994$323,269,456,935$682,960,226,532+0.98%
1993$312,568,858,909$656,826,136,947+0.99%
1992$325,982,966,981$631,285,380,040+1.13%
1991$326,416,407,861$628,563,287,009+1.32%
1990$311,840,666,465$630,990,273,461+1.52%
1989$300,264,309,002$609,222,887,777+1.66%
1988$236,461,079,970$586,473,477,240+1.67%
1987$189,726,707,253$554,525,226,539+1.57%
1986$182,707,050,923$540,700,762,324+1.48%
1985$180,861,108,959$520,055,779,886+1.38%
1984$193,749,932,078$493,965,987,482+1.33%
1983$177,523,719,680$472,403,242,301+1.46%
1982$194,323,071,831$483,157,475,069+1.63%
1981$177,151,979,566$467,592,942,676+1.55%
1980$150,200,557,103$452,469,510,391+1.30%
1979$135,093,718,051$439,143,545,450+1.15%
1978$118,660,813,780$422,044,209,285+1.15%
1977$110,504,702,914$418,298,913,741+1.12%
1976$105,209,354,856$403,793,146,388+1.10%
1975$97,440,939,506$393,607,290,139+1.27%
1974$89,086,219,602$388,407,674,435+1.49%
1973$63,923,126,201$373,086,464,591+1.61%
1972$52,117,990,654$363,566,313,880+2.36%
1971$45,283,847,245$349,895,953,947+3.16%
1970$41,395,206,623$336,435,225,747+2.66%
1969$36,738,245,878$313,912,916,257+2.01%
1968$32,763,365,242$293,246,097,180+1.86%
1967$30,487,524,878$279,029,197,366+1.88%
1966$27,349,284,376$262,475,153,274+2.07%
1965$26,014,244,162$256,370,876,810+2.06%
1964$23,835,843,814$241,910,654,448+1.97%
1963$21,573,443,452$226,132,122,992+1.92%
1962$19,953,923,193$212,901,615,359+1.97%
1961$19,713,123,154$210,175,778,904+2.14%
1960$18,635,682,982$205,087,842,012+2.19%

Australia GDP Projections (IMF)

YearGDP Nominal (Current USD)GDP GrowthGDP per capitaPop. Change
2027$2,217,437,000,0001.6%$78,039+0.91%
2028$2,301,554,000,0001.8%$80,039+0.89%
2029$2,391,001,000,0002.0%$82,164+0.86%
2030$2,490,648,000,0002.1%$84,573+0.83%
2031$2,596,767,000,0002.2%$87,131+0.81%
YearGDP PPPGDP PPP per CapitaPPP Per Capita ChangePop. Change
2027$2,207,697,000,000$77,696−2.6%+0.91%
2028$2,294,843,000,000$79,806−2.6%+0.89%
2029$2,384,148,000,000$81,928−2.7%+0.86%
2030$2,479,265,000,000$84,186−2.6%+0.83%
2031$2,577,180,000,000$86,474–+0.81%

Sources:

IMF, World Economic Outlook (October 2026).
World Bank
National Accounts Data – United Nations Statistics Division
World Population Prospects: The 2024 Revision – United Nations Population Division

See Also:

GDP by Country
GDP per Capita by Country
What is GDP?
Population of Australia