Australia GDP Growth Rate
2.1%▼ −0.37 pt
Jun 2026 · Quarterly
Australia's real GDP grew 2.14% year-on-year in the second quarter of 2026, easing from a 2.50% expansion in the previous period. The reading remained well below the all-time high of 10.21% recorded in the June quarter of 2021. The series dates back to the third quarter of 1960.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| 2.1% | 2.5% | 10.2%Jun 2021 | -5.8%Jun 2020 | 1960 – 2026 | Quarterly |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| GDP | $1.80T | $1.76T | $1.80T | $18.6B | Dec 2025 | Annual |
| Industrial Production | 0.4% | 2.6% | 13.6% | -8.0% | Jun 2026 | Quarterly |
About this series
GDP Growth Rate in Australia averaged 2.9% from 1960 until 2026, reaching an all-time high of 10.2% in Jun 2021 and a record low of -5.8% in Jun 2020. The series is reported quarterly with history from 1960.
Real GDP growth measures the annual change in the inflation-adjusted value of all goods and services produced in Australia. The indicator is reported quarterly as a percentage. Data are available from the third quarter of 1960.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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