Australia GDP Growth Rate 1961-2020

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Australia gdp growth rate for 2019 was 1.90%, a 1.04% decline from 2018.
  • Australia gdp growth rate for 2018 was 2.94%, a 0.57% increase from 2017.
  • Australia gdp growth rate for 2017 was 2.37%, a 0.4% decline from 2016.
  • Australia gdp growth rate for 2016 was 2.77%, a 0.58% increase from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Ireland 5.55%
Hungary 4.93%
Seychelles 4.71%
Antigua and Barbuda 4.65%
Malta 4.38%
Estonia 4.33%
Poland 4.15%
Lithuania 3.93%
Brunei 3.87%
Israel 3.51%
Cyprus 3.23%
Panama 3.01%
Croatia 2.94%
Czech Republic 2.57%
St. Kitts and Nevis 2.50%
Slovenia 2.44%
Slovak Republic 2.40%
Denmark 2.37%
United States 2.33%
Luxembourg 2.30%
Latvia 2.20%
New Zealand 2.17%
Portugal 2.16%
South Korea 2.03%
Spain 1.98%
Iceland 1.92%
Australia 1.90%
Greece 1.87%
Andorra 1.85%
Bahrain 1.82%
Netherlands 1.81%
Bahamas 1.80%
UAE 1.68%
Canada 1.66%
Austria 1.61%
France 1.51%
United Kingdom 1.41%
Belgium 1.40%
Sweden 1.19%
Puerto Rico 1.19%
Norway 1.15%
Chile 1.05%
Finland 0.98%
Switzerland 0.93%
Singapore 0.73%
Japan 0.65%
Germany 0.56%
Oman 0.50%
Kuwait 0.41%
Saudi Arabia 0.33%
Italy 0.30%
Uruguay 0.22%
Trinidad and Tobago -0.00%
Barbados -0.10%
Qatar -0.18%
Hong Kong -1.19%
Argentina -2.16%
Macao -4.71%
Australia GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2019 1.90% -1.04%
2018 2.94% 0.57%
2017 2.37% -0.40%
2016 2.77% 0.58%
2015 2.19% -0.34%
2014 2.53% -0.05%
2013 2.58% -1.33%
2012 3.92% 1.46%
2011 2.46% 0.40%
2010 2.07% 0.13%
2009 1.94% -1.72%
2008 3.66% -0.19%
2007 3.84% 1.05%
2006 2.79% -0.41%
2005 3.20% -0.85%
2004 4.06% 1.07%
2003 2.99% -1.02%
2002 4.00% 2.07%
2001 1.93% -2.00%
2000 3.93% -1.14%
1999 5.07% 0.50%
1998 4.58% 0.61%
1997 3.97% 0.09%
1996 3.88% 0.04%
1995 3.84% -0.15%
1994 3.98% -0.05%
1993 4.03% 3.62%
1992 0.41% 0.81%
1991 -0.40% -3.97%
1990 3.57% -0.29%
1989 3.86% -1.88%
1988 5.74% 3.19%
1987 2.55% -1.48%
1986 4.04% -1.21%
1985 5.25% 0.67%
1984 4.58% 6.80%
1983 -2.22% -5.55%
1982 3.33% -0.01%
1981 3.34% 0.30%
1980 3.03% -1.01%
1979 4.04% 3.15%
1978 0.90% -2.70%
1977 3.60% 1.01%
1976 2.59% 1.24%
1975 1.35% -2.75%
1974 4.10% 1.49%
1973 2.61% -1.30%
1972 3.91% -0.09%
1971 4.00% -3.17%
1970 7.17% 0.13%
1969 7.04% 1.95%
1968 5.10% -1.21%
1967 6.30% 3.92%
1966 2.38% -3.60%
1965 5.98% -0.99%
1964 6.98% 0.76%
1963 6.21% 4.92%
1962 1.30% -1.19%
1961 2.49% -1.19%