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
GDP (current LCU), per unit of GDP in Australia, 1970–2024
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
| 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
| Decade | Average | Lowest | Highest | 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
- 151 Bosnia and Herzegovina 1.72 current LCU per US$ of GDP compare
- 152 Azerbaijan 1.7 current LCU per US$ of GDP compare
- 153 New Zealand 1.64 current LCU per US$ of GDP compare
- 155 Nauru 1.46 current LCU per US$ of GDP compare
- 156 Kiribati 1.36 current LCU per US$ of GDP compare
- 157 Canada 1.35 current LCU per US$ of GDP 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)
- World population growth 0.5% (2100)
- Population density 5.61 people per km² (2100)
- Number of children under 5, by world region 2.09 million people (2100)
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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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
- GDP UNESCO Institute for Statistics
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
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.