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Australia GDP (2026)

IMF (2026)

Nominal (current) Gross Domestic Product (GDP) of Australia is $2.12 trillion ($2,123,963,000,000) as of 2026, according to the International Monetary Fund (IMF).
The GDP growth rate in 2026 is 2.0%, according to the International Monetary Fund (IMF).
GDP per Capita in Australia (with a population of 27,227,096 people) is $75,648 in 2026, an increase of $9,296 from $66,352 in 2025; this represents a change of 14.0% in GDP per capita.

GDP Change (%)

Gross Domestic Product (GDP) of Australia

Year GDP Nominal (Current USD) GDP Growth GDP per capita Pop. Change
2026 $2,123,963,000,000 2.0% $75,648 0.94%
2025 $1,839,961,000,000 2.0% $66,352 0.98%
2024 $1,799,418,000,000 1.0% $65,701 0.99%
2023 $1,748,175,000,000 2.1% $64,851 0.95%
2022 $1,731,233,000,000 4.2% $65,776 0.94%
2021 $1,660,123,000,000 5.4% $64,411 0.83%
2020 $1,366,669,000,000 −2.0% $53,322 1.02%
2019 $1,391,987,000,000 2.0% $54,544 1.45%
2018 $1,422,597,000,000 2.8% $56,573 1.57%
2017 $1,386,367,000,000 2.4% $55,994 1.65%
2016 $1,267,660,000,000 2.7% $51,985 1.59%
2015 $1,238,863,000,000 2.3% $51,652 1.49%
2014 $1,463,091,000,000 2.6% $61,890 1.55%
2013 $1,526,608,000,000 2.2% $65,526 1.68%
2012 $1,575,930,000,000 3.9% $68,734 1.66%
2011 $1,520,441,000,000 2.8% $67,509 1.53%
2010 $1,258,450,000,000 2.4% $56,757 1.65%
2009 $1,004,220,000,000 2.0% $45,927 1.93%
2008 $1,059,505,000,000 2.7% $49,335 1.99%
2007 $951,942,000,000 4.4% $45,296 1.77%
2006 $784,874,000,000 2.6% $38,050 1.46%
2005 $737,709,000,000 3.0% $36,320 1.24%
2004 $659,797,000,000 4.1% $32,914 1.15%
2003 $542,024,000,000 3.0% $27,337 1.14%
2002 $426,227,000,000 4.1% $21,740 1.19%
2001 $378,776,000,000 2.6% $19,538 1.22%
2000 $401,043,000,000 3.1% $20,952 1.18%
1999 $412,701,000,000 4.4% $21,814 1.11%
1998 $382,157,000,000 4.7% $20,430 1.06%
1997 $427,113,000,000 4.7% $23,075 1.09%
1996 $425,321,000,000 4.0% $23,203 1.16%
1995 $379,794,000,000 3.0% $20,960 1.11%
1994 $353,899,000,000 4.9% $19,778 0.98%
1993 $309,740,000,000 3.9% $17,481 0.99%
1992 $318,448,000,000 2.6% $18,138 1.13%
1991 $324,897,000,000 −1.0% $18,695 1.32%
1990 $324,567,000,000 1.5% $18,903 1.52%
1989 $308,794,000,000 4.6% $18,232 1.66%
1988 $271,438,000,000 4.3% $16,266 1.67%
1987 $213,375,000,000 4.9% $13,015 1.57%
1986 $181,712,000,000 2.4% $11,259 1.48%
1985 $174,610,000,000 5.5% $10,981 1.38%
1984 $197,390,000,000 6.3% $12,591 1.33%
1983 $179,709,000,000 −0.5% $11,607 1.46%
1982 $187,291,000,000 0.1% $12,250 1.63%
1981 $188,653,000,000 4.1% $12,544 1.55%
1980 $163,135,000,000 2.9% $11,021 1.3%
Year GDP PPP GDP PPP per Capita PPP Per Capita Change Pop. Change
2026 $2,098,888,000,000 $74,755 3.6% 0.94%
2025 $2,000,256,000,000 $72,132 3.6% 0.98%
2024 $1,907,482,000,000 $69,647 1.9% 0.99%
2023 $1,842,776,000,000 $68,361 3.4% 0.95%
2022 $1,739,877,000,000 $66,104 9.3% 0.94%
2021 $1,558,753,000,000 $60,478 12.1% 0.83%
2020 $1,383,119,000,000 $53,963 0.4% 1.02%
2019 $1,371,687,000,000 $53,748 4.5% 1.45%
2018 $1,293,190,000,000 $51,427 4.1% 1.57%
2017 $1,223,680,000,000 $49,424 2.6% 1.65%
2016 $1,174,120,000,000 $48,149 2% 1.59%
2015 $1,132,454,000,000 $47,216 1.8% 1.49%
2014 $1,096,598,000,000 $46,387 2.8% 1.55%
2013 $1,050,935,000,000 $45,109 2.3% 1.68%
2012 $1,010,674,000,000 $44,080 3.9% 1.66%
2011 $955,190,000,000 $42,411 3.2% 1.53%
2010 $910,828,000,000 $41,079 2.2% 1.65%
2009 $878,556,000,000 $40,180 0.8% 1.93%
2008 $856,243,000,000 $39,870 2.4% 1.99%
2007 $818,262,000,000 $38,935 5.2% 1.77%
2006 $763,413,000,000 $37,009 4.2% 1.46%
2005 $721,553,000,000 $35,524 4.9% 1.24%
2004 $678,971,000,000 $33,871 5.7% 1.15%
2003 $635,133,000,000 $32,034 3.9% 1.14%
2002 $604,591,000,000 $30,838 4.6% 1.19%
2001 $571,631,000,000 $29,486 3.6% 1.22%
2000 $544,965,000,000 $28,471 4.2% 1.18%
1999 $516,829,000,000 $27,318 4.7% 1.11%
1998 $488,044,000,000 $26,091 4.8% 1.06%
1997 $461,010,000,000 $24,906 5.5% 1.09%
1996 $432,754,000,000 $23,609 4.7% 1.16%
1995 $408,752,000,000 $22,559 3.8% 1.11%
1994 $388,853,000,000 $21,732 6.1% 0.98%
1993 $363,022,000,000 $20,488 5.4% 0.99%
1992 $341,247,000,000 $19,436 3.9% 1.13%
1991 $325,182,000,000 $18,711 1.1% 1.32%
1990 $317,675,000,000 $18,502 3.9% 1.52%
1989 $301,731,000,000 $17,815 7.1% 1.66%
1988 $277,496,000,000 $16,629 6% 1.67%
1987 $257,107,000,000 $15,682 5.8% 1.57%
1986 $239,188,000,000 $14,821 3% 1.48%
1985 $228,864,000,000 $14,393 7.3% 1.38%
1984 $210,370,000,000 $13,419 8.8% 1.33%
1983 $190,926,000,000 $12,331 2.1% 1.46%
1982 $184,605,000,000 $12,074 4.5% 1.63%
1981 $173,753,000,000 $11,553 12.2% 1.55%
1980 $152,443,000,000 $10,299 1.3%
Year GDP Nominal (Current USD) GDP Real (Constant, Inflation Adjusted) Pop. Change
2024 $1,752,193,307,380 $1,665,257,959,985 0.99%
2023 $1,728,057,316,696 $1,641,762,491,419 0.95%
2022 $1,690,858,246,994 $1,587,133,480,805 0.94%
2021 $1,556,735,770,437 $1,522,541,404,228 0.83%
2020 $1,328,414,058,378 $1,491,062,566,267 1.02%
2019 $1,392,723,834,563 $1,492,847,874,024 1.45%
2018 $1,427,809,041,019 $1,461,119,016,244 1.57%
2017 $1,325,582,658,157 $1,420,237,898,461 1.65%
2016 $1,206,836,962,282 $1,388,583,854,796 1.59%
2015 $1,351,296,372,254 $1,351,296,372,254 1.49%
2014 $1,468,265,356,428 $1,322,334,997,273 1.55%
2013 $1,577,123,329,411 $1,288,884,775,424 1.68%
2012 $1,547,532,281,116 $1,256,196,122,894 1.66%
2011 $1,398,610,616,773 $1,208,849,019,422 1.53%
2010 $1,148,838,233,481 $1,180,435,002,407 1.65%
2009 $928,762,122,698 $1,154,798,699,180 1.93%
2008 $1,056,112,427,190 $1,133,349,428,617 1.99%
2007 $855,007,458,585 $1,094,111,663,604 1.77%
2006 $748,417,562,770 $1,054,328,458,936 1.46%
2005 $695,692,898,677 $1,026,057,036,344 1.24%
2004 $614,659,980,083 $994,683,066,031 1.15%
2003 $467,739,079,790 $954,367,849,882 1.14%
2002 $395,788,696,012 $925,754,967,999 1.19%
2001 $379,629,301,675 $890,323,770,708 1.22%
2000 $416,167,815,093 $872,651,653,770 1.18%
1999 $389,652,212,057 $839,721,933,538 1.11%
1998 $399,674,421,759 $799,524,373,775 1.06%
1997 $435,642,611,297 $763,901,984,858 1.09%
1996 $401,341,880,621 $735,134,359,250 1.16%
1995 $368,166,023,166 $707,786,283,507 1.11%
1994 $322,806,641,301 $681,311,039,100 0.98%
1993 $312,133,923,553 $655,230,327,244 0.99%
1992 $325,525,379,567 $629,746,209,994 1.13%
1991 $325,975,319,456 $627,060,575,116 1.32%
1990 $311,426,665,220 $629,466,776,080 1.52%
1989 $299,875,906,679 $607,725,922,301 1.66%
1988 $236,161,314,544 $585,064,279,421 1.67%
1987 $189,495,764,955 $553,211,370,887 1.57%
1986 $182,481,113,598 $539,404,649,864 1.48%
1985 $180,643,265,927 $518,826,292,325 1.38%
1984 $193,525,337,526 $492,813,360,779 1.33%
1983 $177,267,290,706 $471,169,061,969 1.46%
1982 $194,041,708,044 $481,887,942,318 1.63%
1981 $176,895,390,688 $466,379,040,332 1.55%
1980 $149,987,743,733 $451,305,594,857 1.3%
1979 $134,900,602,067 $438,009,144,461 1.15%
1978 $118,492,761,338 $420,958,560,166 1.15%
1977 $110,352,144,987 $417,230,643,180 1.12%
1976 $105,060,616,985 $402,751,234,563 1.1%
1975 $97,304,383,449 $392,589,303,732 1.27%
1974 $88,965,364,775 $387,414,341,096 1.49%
1973 $63,833,440,102 $372,130,520,890 1.61%
1972 $52,042,056,075 $362,631,046,662 2.36%
1971 $45,217,767,235 $348,984,184,858 3.16%
1970 $41,334,726,614 $335,559,847,086 2.66%
1969 $36,684,485,870 $313,093,232,453 2.01%
1968 $32,714,085,234 $292,486,739,692 1.86%
1967 $30,442,724,871 $278,310,424,155 1.88%
1966 $27,308,964,369 $261,804,000,642 2.07%
1965 $25,977,284,156 $255,720,398,205 2.06%
1964 $23,801,123,808 $241,290,865,664 1.97%
1963 $21,540,963,447 $225,547,290,344 1.92%
1962 $19,923,683,188 $212,347,394,916 1.97%
1961 $19,684,003,149 $209,634,264,252 2.14%
1960 $18,607,682,977 $204,556,496,021 2.19%

Australia GDP Projections (IMF)

Year GDP Nominal (Current USD) GDP Growth GDP per capita Pop. Change
2027 $2,211,254,000,000 1.7% $77,823 0.91%
2028 $2,292,786,000,000 1.9% $79,736 0.89%
2029 $2,380,653,000,000 2.1% $81,810 0.86%
2030 $2,483,975,000,000 2.3% $84,348 0.83%
2031 $2,590,235,000,000 2.3% $86,913 0.81%
Year GDP PPP GDP PPP per Capita PPP Per Capita Change Pop. Change
2027 $2,181,390,000,000 $76,772 −2.2% 0.91%
2028 $2,258,330,000,000 $78,537 −2.6% 0.89%
2029 $2,345,770,000,000 $80,611 −2.8% 0.86%
2030 $2,442,837,000,000 $82,951 −2.9% 0.83%
2031 $2,544,760,000,000 $85,387 0.81%

Sources:

IMF, World Economic Outlook (April 2026).
World Bank
National Accounts Data – United Nations Statistics Division
World Population Prospects: The 2024 Revision – United Nations Population Division

See Also:

GDP by Country
GDP per Capita by Country
What is GDP?
Population of Australia