GDP at market prices in Australia
Australia: GDP at market prices was 1.67 trillion constant 2010 US$ in 2024. β² Rising
GDP at market prices in Australia, 1970β2024
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$, in 1970.
Australia ranks 12th of 205 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 55 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 387.83 billion constant 2010 US$ | 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
More population data for Australia
- Population growth rate by level of development 0.503 (2100)
- Projected population under age 5 2.09 million (2100)
- Population density 5.61 (2100)
- Population growth rate 0.503 (2100)
- Fertility and wanted fertility 1.48 (2024)
- Refugee population by country or territory of asylum 29,511 (2024)
- Fertility vs unmet contraception 1.48 (2024)
- Fertility vs contraception 1.48 (2024)
- Natural population growth 0.4553 (2023)
- Fertility rate with projections 1.64 (2023)
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 205 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 Β· JSON β 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release