Updated · Source: IMF World Economic Outlook, April 2026
Nominal Gross Domestic Product (GDP) of Australia is $2.12 trillion as of 2026, according to the International Monetary Fund (IMF). The GDP growth rate in 2026 is 2%. GDP per capita is $75,648.
Australia GDP Trend
Nominal GDP of Australia has grown from $163.13 billion in 1980 to $2.12 trillion in 2026.
Australia GDP Growth Rate (%)
This chart shows the year-over-year real GDP growth rate of Australia. Hover any bar to see the exact value for that year.
Average Growth
2.97%
Best Year
1984 (+6.3%)
Worst Year
2020 (-2%)
Years of Contraction
3 of 47
GDP per capita in Australia rose from $66,352 in 2025 to $75,648 in 2026, an increase of 14.0%.
"Australia GDP", "Australia gross domestic product", and "Australia economy size" all refer to the same nominal GDP figure.
Gross Domestic Product (GDP) of Australia
The table below shows nominal and PPP GDP, growth rate, and GDP per capita for Australia for every year IMF has published data, from 1980 to 2026. Click any column header to sort, or search by year.
Australia nominal GDP by year
Year
GDP Nominal (Current USD)
GDP Growth
GDP per capita
Pop. Change
2026
$2,123,963,000,000
2%
$75,648
1.25%
2025
$1,839,961,000,000
2%
$66,352
1.25%
2024
$1,799,418,000,000
1%
$65,701
1.6%
2023
$1,748,175,000,000
2.1%
$64,851
2.42%
2022
$1,731,233,000,000
4.2%
$65,776
2.12%
2021
$1,660,123,000,000
5.4%
$64,411
0.56%
2020
$1,366,669,000,000
-2%
$53,322
0.43%
2019
$1,391,987,000,000
2%
$54,544
1.49%
2018
$1,422,597,000,000
2.8%
$56,573
1.56%
2017
$1,386,367,000,000
2.4%
$55,994
1.53%
2016
$1,267,660,000,000
2.7%
$51,985
1.67%
2015
$1,238,863,000,000
2.3%
$51,653
1.46%
2014
$1,463,091,000,000
2.6%
$61,890
1.47%
2013
$1,526,608,000,000
2.2%
$65,526
1.61%
2012
$1,575,930,000,000
3.9%
$68,734
1.8%
2011
$1,520,441,000,000
2.8%
$67,509
1.58%
2010
$1,258,450,000,000
2.4%
$56,757
1.4%
2009
$1,004,220,000,000
2%
$45,927
1.82%
2008
$1,059,505,000,000
2.7%
$49,335
2.19%
2007
$951,942,000,000
4.4%
$45,296
1.88%
2006
$784,874,000,000
2.6%
$38,050
1.56%
2005
$737,709,000,000
3%
$36,320
1.33%
2004
$659,797,000,000
4.1%
$32,914
1.1%
2003
$542,024,000,000
3%
$27,338
1.13%
2002
$426,227,000,000
4.1%
$21,740
1.13%
2001
$378,776,000,000
2.6%
$19,538
1.28%
2000
$401,043,000,000
3.1%
$20,952
1.17%
1999
$412,701,000,000
4.4%
$21,814
1.14%
1998
$382,157,000,000
4.7%
$20,430
1.06%
1997
$427,113,000,000
4.7%
$23,075
0.98%
1996
$425,321,000,000
4%
$23,203
1.16%
1995
$379,794,000,000
3%
$20,960
1.27%
1994
$353,899,000,000
4.9%
$19,778
0.98%
1993
$309,740,000,000
3.9%
$17,481
0.92%
1992
$318,448,000,000
2.6%
$18,138
1.02%
1991
$324,897,000,000
-1%
$18,695
1.22%
1990
$324,567,000,000
1.5%
$18,903
1.38%
1989
$308,794,000,000
4.6%
$18,232
1.5%
1988
$271,438,000,000
4.3%
$16,266
1.78%
1987
$213,375,000,000
4.9%
$13,015
1.59%
1986
$181,712,000,000
2.4%
$11,259
1.5%
1985
$174,610,000,000
5.5%
$10,981
1.43%
1984
$197,390,000,000
6.3%
$12,591
1.25%
1983
$179,709,000,000
-0.5%
$11,607
1.27%
1982
$187,291,000,000
0.1%
$12,250
1.66%
1981
$188,653,000,000
4.1%
$12,544
1.6%
1980
$163,135,000,000
2.9%
$11,021
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The nominal GDP of Australia in 2026 is $2.12 trillion, according to the IMF World Economic Outlook (April 2026). This ranks Australia 12th in the world by nominal GDP.
What is the GDP growth rate of Australia?
The GDP growth rate of Australia in 2026 is 2%, per IMF estimates.
What is the GDP per capita of Australia?
GDP per capita in Australia in 2026 is $75,648, per IMF data.
Is the GDP of Australia expected to grow?
IMF projects the nominal GDP of Australia to reach $2.59 trillion by 2031, up from $2.12 trillion in 2026.
Sources: IMF, World Economic Outlook (April 2026).
Disclaimer: GDP figures are IMF World Economic Outlook (April 2026) estimates and projections, subject to revision in future WEO releases. This page is for informational purposes only and is not investment or economic advice.