GDP (current LCU), per unit of GDP in Australia

Australia: GDP (current LCU), per unit of GDP was 1.52 current LCU per US$ of GDP in 2024. ▲ Rising

Latest (2024)
1.52 current LCU per US$ of GDP
Change on year
up 2.8%
World rank
154th
of 211 countries
All-time high
1.91 current LCU per US$ of GDP
in 2002
All-time low
0.6776 current LCU per US$ of GDP
in 1974
Years of data
55
1970–2024

GDP (current LCU), per unit of GDP in Australia, 1970–2024

00.511.52197019972024

Source: Statizoid (derived). Measured in current LCU per US$ of GDP.

Analysis

Australia recorded 1.52 current LCU per US$ of GDP for gdp (current lcu), per unit of gdp in 2024.

The figure is up 2.8% on the previous year and up 40.3% over ten years.

Over the whole period, gdp (current lcu), per unit of gdp in Australia peaked at 1.91 current LCU per US$ of GDP in 2002 and was at its lowest, 0.6776 current LCU per US$ of GDP, in 1974.

Australia ranks 154th of 211 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 55 years of available data.

GDP (current LCU), per unit of GDP in Australia, year by year

Annual values for GDP (current LCU), per unit of GDP in Australia, 1970 to 2024.
Year current LCU per US$ of GDP Change
1970 0.8916 current LCU per US$ of GDP
1971 0.8916 current LCU per US$ of GDP +0.0%
1972 0.8548 current LCU per US$ of GDP -4.1%
1973 0.7794 current LCU per US$ of GDP -8.8%
1974 0.6776 current LCU per US$ of GDP -13.1%
1975 0.7313 current LCU per US$ of GDP +7.9%
1976 0.7922 current LCU per US$ of GDP +8.3%
1977 0.8706 current LCU per US$ of GDP +9.9%
1978 0.8854 current LCU per US$ of GDP +1.7%
1979 0.879 current LCU per US$ of GDP -0.7%
1980 0.8962 current LCU per US$ of GDP +2.0%
1981 0.8601 current LCU per US$ of GDP -4.0%
1982 0.905 current LCU per US$ of GDP +5.2%
1983 1.07 current LCU per US$ of GDP +17.9%
1984 1.1 current LCU per US$ of GDP +3.4%
1985 1.3 current LCU per US$ of GDP +18.1%
1986 1.43 current LCU per US$ of GDP +9.7%
1987 1.51 current LCU per US$ of GDP +5.7%
1988 1.37 current LCU per US$ of GDP -9.1%
1989 1.23 current LCU per US$ of GDP -10.6%
1990 1.3 current LCU per US$ of GDP +5.8%
1991 1.27 current LCU per US$ of GDP -2.0%
1992 1.3 current LCU per US$ of GDP +2.0%
1993 1.42 current LCU per US$ of GDP +9.5%
1994 1.44 current LCU per US$ of GDP +1.6%
1995 1.34 current LCU per US$ of GDP -6.8%
1996 1.32 current LCU per US$ of GDP -2.1%
1997 1.28 current LCU per US$ of GDP -3.1%
1998 1.47 current LCU per US$ of GDP +15.4%
1999 1.59 current LCU per US$ of GDP +8.2%
2000 1.59 current LCU per US$ of GDP -0.2%
2001 1.86 current LCU per US$ of GDP +17.0%
2002 1.91 current LCU per US$ of GDP +2.6%
2003 1.71 current LCU per US$ of GDP -10.2%
2004 1.4 current LCU per US$ of GDP -18.1%
2005 1.33 current LCU per US$ of GDP -5.4%
2006 1.33 current LCU per US$ of GDP +0.4%
2007 1.27 current LCU per US$ of GDP -4.6%
2008 1.11 current LCU per US$ of GDP -12.3%
2009 1.35 current LCU per US$ of GDP +21.5%
2010 1.13 current LCU per US$ of GDP -16.4%
2011 1.01 current LCU per US$ of GDP -10.7%
2012 0.9665 current LCU per US$ of GDP -4.4%
2013 0.9707 current LCU per US$ of GDP +0.4%
2014 1.08 current LCU per US$ of GDP +11.7%
2015 1.2 current LCU per US$ of GDP +10.4%
2016 1.37 current LCU per US$ of GDP +14.3%
2017 1.32 current LCU per US$ of GDP -3.5%
2018 1.29 current LCU per US$ of GDP -2.7%
2019 1.39 current LCU per US$ of GDP +8.3%
2020 1.49 current LCU per US$ of GDP +6.7%
2021 1.34 current LCU per US$ of GDP -10.1%
2022 1.37 current LCU per US$ of GDP +2.8%
2023 1.48 current LCU per US$ of GDP +7.7%
2024 1.52 current LCU per US$ of GDP +2.8%

Australia compared with similar countries

  • Australia's 1.52 current LCU per US$ of GDP is above the median for high income countries, which is 1.01 current LCU per US$ of GDP, 1.5× the median. (82 countries reporting)
  • Australia's 1.52 current LCU per US$ of GDP is below the median for East Asia & Pacific, which is 4.3 current LCU per US$ of GDP, 35% of the median. (36 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 0.8253 current LCU per US$ of GDP 0.6776 current LCU per US$ of GDP 0.8916 current LCU per US$ of GDP 10
1980s 1.17 current LCU per US$ of GDP 0.8601 current LCU per US$ of GDP 1.51 current LCU per US$ of GDP 10
1990s 1.37 current LCU per US$ of GDP 1.27 current LCU per US$ of GDP 1.59 current LCU per US$ of GDP 10
2000s 1.49 current LCU per US$ of GDP 1.11 current LCU per US$ of GDP 1.91 current LCU per US$ of GDP 10
2010s 1.17 current LCU per US$ of GDP 0.9665 current LCU per US$ of GDP 1.39 current LCU per US$ of GDP 10
2020s 1.44 current LCU per US$ of GDP 1.34 current LCU per US$ of GDP 1.52 current LCU per US$ of GDP 5

Countries ranked near Australia

  1. 151 Bosnia and Herzegovina 1.72 current LCU per US$ of GDP compare
  2. 152 Azerbaijan 1.7 current LCU per US$ of GDP compare
  3. 153 New Zealand 1.64 current LCU per US$ of GDP compare
  4. 155 Nauru 1.46 current LCU per US$ of GDP compare
  5. 156 Kiribati 1.36 current LCU per US$ of GDP compare
  6. 157 Canada 1.35 current LCU per US$ of GDP compare

See the full ranking of 211 places →

More population data for Australia

All data for Australia →

Frequently asked questions

What is gdp (current lcu), per unit of gdp in Australia?
Gdp (current lcu), per unit of gdp in Australia was 1.52 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest gdp (current lcu), per unit of gdp recorded in Australia?
The highest recorded value was 1.91 current LCU per US$ of GDP in 2002.
What is the lowest gdp (current lcu), per unit of gdp recorded in Australia?
The lowest recorded value was 0.6776 current LCU per US$ of GDP in 1974.
How does Australia rank for gdp (current lcu), per unit of gdp?
Australia ranks 154th out of 211 countries with data for 2024.
Is gdp (current lcu), per unit of gdp rising or falling in Australia?
Over the last ten years it is up 40.3%. The long-run trend across the full record is rising.
Where does this Australia data come from?
The figures come from Statizoid (derived), published as part of GDP (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.

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GDP (current LCU), per unit of GDP in Australia. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-current-lcu-per-unit-of-gdp-2/australia/

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How this figure is calculated

GDP (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

GDP (current LCU) ÷ GDP (current US$)

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,316 data points, 1970–2024
Last refreshed

GDP (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.