GDP at market prices (constant 2010 US$) in Australia
Australia: GDP at market prices (constant 2010 US$) was 1.67 trillion constant 2010 US$ in 2024. ▲ Rising
Latest (2024)
1.67 trillion constant 2010 US$
Change on year
up 1.4%
World rank
12th
of 208 countries
All-time high
1.67 trillion constant 2010 US$
in 2024
All-time low
335.56 billion constant 2010 US$
in 1970
Years of data
55
1970–2024
GDP at market prices in Australia, 1970–2024
Source: UNESCO Institute for Statistics. Measured in constant 2010 US$.
Analysis
The most recent figure for gdp at market prices in Australia is 1.67 trillion constant 2010 US$, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 1.4% on the previous year and up 25.9% over ten years.
Over the whole period, gdp at market prices in Australia peaked at 1.67 trillion constant 2010 US$ in 2024 and was at its lowest, 335.56 billion constant 2010 US$, in 1970.
Australia ranks 12th of 208 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
GDP at market prices (constant 2010 US$) in Australia, year by year
| Year | constant 2010 US$ | Change |
|---|---|---|
| 1970 | 335.56 billion constant 2010 US$ | — |
| 1971 | 348.98 billion constant 2010 US$ | +4.0% |
| 1972 | 362.63 billion constant 2010 US$ | +3.9% |
| 1973 | 372.13 billion constant 2010 US$ | +2.6% |
| 1974 | 387.41 billion constant 2010 US$ | +4.1% |
| 1975 | 392.59 billion constant 2010 US$ | +1.3% |
| 1976 | 402.75 billion constant 2010 US$ | +2.6% |
| 1977 | 417.23 billion constant 2010 US$ | +3.6% |
| 1978 | 420.96 billion constant 2010 US$ | +0.9% |
| 1979 | 438.01 billion constant 2010 US$ | +4.1% |
| 1980 | 451.31 billion constant 2010 US$ | +3.0% |
| 1981 | 466.38 billion constant 2010 US$ | +3.3% |
| 1982 | 481.89 billion constant 2010 US$ | +3.3% |
| 1983 | 471.17 billion constant 2010 US$ | -2.2% |
| 1984 | 492.81 billion constant 2010 US$ | +4.6% |
| 1985 | 518.83 billion constant 2010 US$ | +5.3% |
| 1986 | 539.40 billion constant 2010 US$ | +4.0% |
| 1987 | 553.21 billion constant 2010 US$ | +2.6% |
| 1988 | 585.06 billion constant 2010 US$ | +5.8% |
| 1989 | 607.73 billion constant 2010 US$ | +3.9% |
| 1990 | 629.47 billion constant 2010 US$ | +3.6% |
| 1991 | 627.06 billion constant 2010 US$ | -0.4% |
| 1992 | 629.75 billion constant 2010 US$ | +0.4% |
| 1993 | 655.23 billion constant 2010 US$ | +4.0% |
| 1994 | 681.31 billion constant 2010 US$ | +4.0% |
| 1995 | 707.79 billion constant 2010 US$ | +3.9% |
| 1996 | 735.13 billion constant 2010 US$ | +3.9% |
| 1997 | 763.90 billion constant 2010 US$ | +3.9% |
| 1998 | 799.52 billion constant 2010 US$ | +4.7% |
| 1999 | 839.72 billion constant 2010 US$ | +5.0% |
| 2000 | 872.65 billion constant 2010 US$ | +3.9% |
| 2001 | 890.32 billion constant 2010 US$ | +2.0% |
| 2002 | 925.75 billion constant 2010 US$ | +4.0% |
| 2003 | 954.37 billion constant 2010 US$ | +3.1% |
| 2004 | 994.68 billion constant 2010 US$ | +4.2% |
| 2005 | 1.03 trillion constant 2010 US$ | +3.2% |
| 2006 | 1.05 trillion constant 2010 US$ | +2.8% |
| 2007 | 1.09 trillion constant 2010 US$ | +3.8% |
| 2008 | 1.13 trillion constant 2010 US$ | +3.6% |
| 2009 | 1.15 trillion constant 2010 US$ | +1.9% |
| 2010 | 1.18 trillion constant 2010 US$ | +2.2% |
| 2011 | 1.21 trillion constant 2010 US$ | +2.4% |
| 2012 | 1.26 trillion constant 2010 US$ | +3.9% |
| 2013 | 1.29 trillion constant 2010 US$ | +2.6% |
| 2014 | 1.32 trillion constant 2010 US$ | +2.6% |
| 2015 | 1.35 trillion constant 2010 US$ | +2.2% |
| 2016 | 1.39 trillion constant 2010 US$ | +2.8% |
| 2017 | 1.42 trillion constant 2010 US$ | +2.3% |
| 2018 | 1.46 trillion constant 2010 US$ | +2.9% |
| 2019 | 1.49 trillion constant 2010 US$ | +2.2% |
| 2020 | 1.49 trillion constant 2010 US$ | -0.1% |
| 2021 | 1.52 trillion constant 2010 US$ | +2.1% |
| 2022 | 1.59 trillion constant 2010 US$ | +4.2% |
| 2023 | 1.64 trillion constant 2010 US$ | +3.4% |
| 2024 | 1.67 trillion constant 2010 US$ | +1.4% |
Australia compared with similar countries
- Australia's 1.67 trillion constant 2010 US$ is above the median for high income countries, which is 73.34 billion constant 2010 US$, 22.7× the median. (80 countries reporting)
- Australia's 1.67 trillion constant 2010 US$ is above the median for East Asia & Pacific, which is 16.27 billion constant 2010 US$, 102.4× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 387.83 billion constant 2010 US$ | 335.56 billion constant 2010 US$ | 438.01 billion constant 2010 US$ | 10 |
| 1980s | 516.78 billion constant 2010 US$ | 451.31 billion constant 2010 US$ | 607.73 billion constant 2010 US$ | 10 |
| 1990s | 706.89 billion constant 2010 US$ | 627.06 billion constant 2010 US$ | 839.72 billion constant 2010 US$ | 10 |
| 2000s | 1.01 trillion constant 2010 US$ | 872.65 billion constant 2010 US$ | 1.15 trillion constant 2010 US$ | 10 |
| 2010s | 1.34 trillion constant 2010 US$ | 1.18 trillion constant 2010 US$ | 1.49 trillion constant 2010 US$ | 10 |
| 2020s | 1.58 trillion constant 2010 US$ | 1.49 trillion constant 2010 US$ | 1.67 trillion constant 2010 US$ | 5 |
Countries ranked near Australia
- 9 Brazil 2.03 trillion constant 2010 US$ compare
- 10 South Korea 1.92 trillion constant 2010 US$ compare
- 11 Canada 1.83 trillion constant 2010 US$ compare
- 13 Russia 1.61 trillion constant 2010 US$ compare
- 14 Spain 1.42 trillion constant 2010 US$ compare
- 15 Mexico 1.35 trillion constant 2010 US$ compare
More population data for Australia
- Population regions with projections, annual growth rate 0.5057 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate 0.5755 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.5057 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.2553 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 32,193 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 0.8589 Percent per annum (2030)
- Projected population under age 5, annual growth rate 0.2773 % change on previous year (2100)
- Population growth rate 0.503 (2100)
- Population density 5.61 (2100)
- Projected population under age 5 2.09 million (2100)
Frequently asked questions
- What is gdp at market prices in Australia?
- Gdp at market prices in Australia was 1.67 trillion constant 2010 US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp at market prices recorded in Australia?
- The highest recorded value was 1.67 trillion constant 2010 US$ in 2024.
- What is the lowest gdp at market prices recorded in Australia?
- The lowest recorded value was 335.56 billion constant 2010 US$ in 1970.
- How does Australia rank for gdp at market prices?
- Australia ranks 12th out of 208 countries with data for 2024.
- Is gdp at market prices rising or falling in Australia?
- Over the last ten years it is up 25.9%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP at market prices (constant 2010 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release