Australia GDP

$1.80T +$41.5B

Dec 2025 · Annual

Australia’s GDP at current prices reached USD 1,798.52 billion in 2025, up from USD 1,757.02 billion in 2024. The 2025 figure is the all-time high in the series, which begins in 1960; the all-time low was also recorded in 1960.

Australia GDP, 1990–2025
ActualPreviousHighestLowestDatesFrequency
$1.80T$1.76T$1.80TDec 2025$18.6BDec 19601960 – 2025Annual

Related indicators

IndicatorLastPreviousHighestLowestLast updatedFrequency
GDP per Capita$65,130$64,610$68,477$1,813Dec 2025Annual
GDP Growth Rate2.1%2.5%10.2%-5.8%Jun 2026Quarterly

About this series

GDP in Australia averaged $942.9B from 1960 until 2025, reaching an all-time high of $1.80T in Dec 2025 and a record low of $18.6B in Dec 1960. The series is reported yearly with history from 1960.

This indicator measures Australia's gross domestic product in current prices, expressed in U.S. dollars. The series is annual and reported in billions of U.S. dollars, and it spans from 1960 to 2025. No adjustment is made for price changes, reflecting nominal output for each calendar year.

Source & methodology

We use primary economic sources for every country. See our methodology page for how we source and verify this data.

FAQ

Australia GDP FAQ