Australia Gross Domestic Product: Nominal
Adjusted Savings: Consumption of Fixed Capital
AU: Adjusted Savings: Consumption of Fixed Capital data was reported at 265.793 USD bn in 2021. This records an increase from the previous number of 230.356 USD bn for 2020. AU: Adjusted Savings: Consumption of Fixed Capital data is updated yearly, averaging 61.919 USD bn from Dec 1970 (Median) to 2021, with 52 observations. The data reached an all-time high of 265.793 USD bn in 2021 and a record low of 6.914 USD bn in 1970. AU: Adjusted Savings: Consumption of Fixed Capital data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Consumption of fixed capital represents the replacement value of capital used up in the process of production.;World Bank staff estimates using data from the United Nations Statistics Division's National Accounts Statistics.;;
| Last | Frequency | Range |
|---|---|---|
| 265,793.433 2021 | yearly | 1970 - 2021 |
View Australia's Adjusted Savings: Consumption of Fixed Capital from 1970 to 2021 in the chart:
Adjusted Savings: Consumption of Fixed Capital: % of GNI
AU: Adjusted Savings: Consumption of Fixed Capital: % of GNI data was reported at 17.310 % in 2021. This records a decrease from the previous number of 17.760 % for 2020. AU: Adjusted Savings: Consumption of Fixed Capital: % of GNI data is updated yearly, averaging 16.977 % from Dec 1970 (Median) to 2021, with 52 observations. The data reached an all-time high of 18.629 % in 2015 and a record low of 14.960 % in 1976. AU: Adjusted Savings: Consumption of Fixed Capital: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Consumption of fixed capital represents the replacement value of capital used up in the process of production.;World Bank staff estimates using data from the United Nations Statistics Division's National Accounts Statistics.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 17.310 2021 | yearly | 1970 - 2021 |
View Australia's Adjusted Savings: Consumption of Fixed Capital: % of GNI from 1970 to 2021 in the chart:
Adjusted Savings: Education Expenditure
AU: Adjusted Savings: Education Expenditure data was reported at 76.932 USD bn in 2021. This records an increase from the previous number of 64.987 USD bn for 2020. AU: Adjusted Savings: Education Expenditure data is updated yearly, averaging 17.614 USD bn from Dec 1970 (Median) to 2021, with 52 observations. The data reached an all-time high of 76.932 USD bn in 2021 and a record low of 2.036 USD bn in 1970. AU: Adjusted Savings: Education Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment.;World Bank staff estimates using data from the United Nations Statistics Division's Statistical Yearbook, and the UNESCO Institute for Statistics online database.;;
| Last | Frequency | Range |
|---|---|---|
| 76,931.642 2021 | yearly | 1970 - 2021 |
View Australia's Adjusted Savings: Education Expenditure from 1970 to 2021 in the chart:
Adjusted Savings: Education Expenditure: % of GNI
AU: Adjusted Savings: Education Expenditure: % of GNI data was reported at 5.010 % in 2021. This stayed constant from the previous number of 5.010 % for 2020. AU: Adjusted Savings: Education Expenditure: % of GNI data is updated yearly, averaging 4.981 % from Dec 1970 (Median) to 2021, with 52 observations. The data reached an all-time high of 5.200 % in 1996 and a record low of 4.400 % in 1991. AU: Adjusted Savings: Education Expenditure: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment.;World Bank staff estimates using data from the United Nations Statistics Division's Statistical Yearbook, and the UNESCO Institute for Statistics online database.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 5.010 2021 | yearly | 1970 - 2021 |
View Australia's Adjusted Savings: Education Expenditure: % of GNI from 1970 to 2021 in the chart:
Adjusted Savings: Gross Savings: % of GNI
AU: Adjusted Savings: Gross Savings: % of GNI data was reported at 26.064 % in 2021. This records an increase from the previous number of 24.223 % for 2020. AU: Adjusted Savings: Gross Savings: % of GNI data is updated yearly, averaging 22.419 % from Dec 1989 (Median) to 2021, with 33 observations. The data reached an all-time high of 26.414 % in 1989 and a record low of 19.075 % in 1992. AU: Adjusted Savings: Gross Savings: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.;World Bank national accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 26.064 2021 | yearly | 1989 - 2021 |
View Australia's Adjusted Savings: Gross Savings: % of GNI from 1989 to 2021 in the chart:
Adjusted Savings: Net National Savings
AU: Adjusted Savings: Net National Savings data was reported at 134.412 USD bn in 2021. This records an increase from the previous number of 83.830 USD bn for 2020. AU: Adjusted Savings: Net National Savings data is updated yearly, averaging 31.922 USD bn from Dec 1989 (Median) to 2021, with 33 observations. The data reached an all-time high of 134.412 USD bn in 2021 and a record low of 3.579 USD bn in 1992. AU: Adjusted Savings: Net National Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Net national savings are equal to gross national savings less the value of consumption of fixed capital.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;;
| Last | Frequency | Range |
|---|---|---|
| 134,411.783 2021 | yearly | 1989 - 2021 |
View Australia's Adjusted Savings: Net National Savings from 1989 to 2021 in the chart:
Adjusted Savings: Net National Savings: % of GNI
AU: Adjusted Savings: Net National Savings: % of GNI data was reported at 8.754 % in 2021. This records an increase from the previous number of 6.463 % for 2020. AU: Adjusted Savings: Net National Savings: % of GNI data is updated yearly, averaging 5.326 % from Dec 1989 (Median) to 2021, with 33 observations. The data reached an all-time high of 9.474 % in 1989 and a record low of 1.144 % in 1992. AU: Adjusted Savings: Net National Savings: % of GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Net national savings are equal to gross national savings less the value of consumption of fixed capital.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 8.754 2021 | yearly | 1989 - 2021 |
View Australia's Adjusted Savings: Net National Savings: % of GNI from 1989 to 2021 in the chart:
GDP: Changes in Inventories
AU: GDP: Changes in Inventories data was reported at 8,488.000 AUD mn in 2023. This records a decrease from the previous number of 12,911.000 AUD mn for 2022. AU: GDP: Changes in Inventories data is updated yearly, averaging 793.000 AUD mn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 12,911.000 AUD mn in 2022 and a record low of -7,618.000 AUD mn in 2020. AU: GDP: Changes in Inventories data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 8,488.000 2023 | yearly | 1960 - 2023 |
View Australia's GDP: Changes in Inventories from 1960 to 2023 in the chart:
GDP: Deflator
AU: GDP: Deflator data was reported at 106.557 2022=100 in 2023. This records an increase from the previous number of 100.000 2022=100 for 2022. AU: GDP: Deflator data is updated yearly, averaging 45.358 2022=100 from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 106.557 2022=100 in 2023 and a record low of 5.521 2022=100 in 1960. AU: GDP: Deflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency. The base year varies by country.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 106.557 2023 | yearly | 1960 - 2023 |
View Australia's GDP: Deflator from 1960 to 2023 in the chart:
GDP: Deflator: Linked Series
AU: GDP: Deflator: Linked Series data was reported at 106.557 2022=100 in 2023. This records an increase from the previous number of 100.000 2022=100 for 2022. AU: GDP: Deflator: Linked Series data is updated yearly, averaging 66.060 2022=100 from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 106.557 2022=100 in 2023 and a record low of 43.706 2022=100 in 1990. AU: GDP: Deflator: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. The GDP implicit deflator is calculated as the ratio of GDP in current local currency to GDP in constant local currency. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The base year varies by country.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;
| Last | Frequency | Range |
|---|---|---|
| 106.557 2023 | yearly | 1990 - 2023 |
View Australia's GDP: Deflator: Linked Series from 1990 to 2023 in the chart:
GDP: Discrepancy
AU: GDP: Discrepancy data was reported at 3,746.000 AUD mn in 2023. This records an increase from the previous number of -2.000 AUD mn for 2022. AU: GDP: Discrepancy data is updated yearly, averaging 0.000 AUD mn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 3,746.000 AUD mn in 2023 and a record low of -4,224.000 AUD mn in 1987. AU: GDP: Discrepancy data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Discrepancy in expenditure estimate of GDP is the discrepancy included in final consumption expenditure, etc. (total consumption, etc.). This discrepancy is included to ensure that GDP from the expenditure side equals GDP measured by the income or output approach. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 3,746.000 2023 | yearly | 1960 - 2023 |
View Australia's GDP: Discrepancy from 1960 to 2023 in the chart:
GDP: Exports of Goods and Services
AU: GDP: Exports of Goods and Services data was reported at 684,411.000 AUD mn in 2023. This records an increase from the previous number of 593,271.000 AUD mn for 2022. AU: GDP: Exports of Goods and Services data is updated yearly, averaging 68,541.000 AUD mn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 684,411.000 AUD mn in 2023 and a record low of 2,155.000 AUD mn in 1960. AU: GDP: Exports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 684,411.000 2023 | yearly | 1960 - 2023 |
View Australia's GDP: Exports of Goods and Services from 1960 to 2023 in the chart:
GDP: Final Consumption Expenditure: General Government
AU: GDP: Final Consumption Expenditure: General Government data was reported at 546,202.000 AUD mn in 2023. This records an increase from the previous number of 513,757.000 AUD mn for 2022. AU: GDP: Final Consumption Expenditure: General Government data is updated yearly, averaging 79,953.500 AUD mn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 546,202.000 AUD mn in 2023 and a record low of 1,843.000 AUD mn in 1960. AU: GDP: Final Consumption Expenditure: General Government data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 546,202.000 2023 | yearly | 1960 - 2023 |
View Australia's GDP: Final Consumption Expenditure: General Government from 1960 to 2023 in the chart:
GDP: Final Consumption Expenditure: Household
AU: GDP: Final Consumption Expenditure: Household data was reported at 1,271,564.000 AUD mn in 2023. This records an increase from the previous number of 1,136,042.000 AUD mn for 2022. AU: GDP: Final Consumption Expenditure: Household data is updated yearly, averaging 241,329.500 AUD mn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 1,271,564.000 AUD mn in 2023 and a record low of 9,575.000 AUD mn in 1960. AU: GDP: Final Consumption Expenditure: Household data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Household and NPISHs final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. This indicator includes the expenditures of nonprofit institutions serving households even when reported separately by the country. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 1,271,564.000 2023 | yearly | 1960 - 2023 |
View Australia's GDP: Final Consumption Expenditure: Household from 1960 to 2023 in the chart:
Australia GDP: Final Consumption Expenditure: Household: Include Discrepancy
AU: GDP: Final Consumption Expenditure: Household: Include Discrepancy data was reported at 956,778.000 AUD mn in 2016. This records an increase from the previous number of 914,653.000 AUD mn for 2015. AU: GDP: Final Consumption Expenditure: Household: Include Discrepancy data is updated yearly, averaging 177,487.000 AUD mn from Jun 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 956,778.000 AUD mn in 2016 and a record low of 9,703.000 AUD mn in 1960. AU: GDP: Final Consumption Expenditure: Household: Include Discrepancy data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 956,778.00 2016 | yearly | 1960 - 2016 |
View Australia's Australia GDP: Final Consumption Expenditure: Household: Include Discrepancy from 1960 to 2016 in the chart:
GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series
AU: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data was reported at 1,271,564.000 AUD mn in 2023. This records an increase from the previous number of 1,136,042.000 AUD mn for 2022. AU: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data is updated yearly, averaging 584,830.000 AUD mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 1,271,564.000 AUD mn in 2023 and a record low of 221,309.000 AUD mn in 1990. AU: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in local currency, at current prices.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;
| Last | Frequency | Range |
|---|---|---|
| 1,271,564.000 2023 | yearly | 1990 - 2023 |
View Australia's GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series from 1990 to 2023 in the chart:
Australia GDP: Final Consumption Expenditure: Include Discrepancy
AU: GDP: Final Consumption Expenditure: Include Discrepancy data was reported at 1,268,932.000 AUD mn in 2016. This records an increase from the previous number of 1,208,049.000 AUD mn for 2015. AU: GDP: Final Consumption Expenditure: Include Discrepancy data is updated yearly, averaging 235,993.000 AUD mn from Jun 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 1,268,932.000 AUD mn in 2016 and a record low of 11,546.000 AUD mn in 1960. AU: GDP: Final Consumption Expenditure: Include Discrepancy data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;
| Last | Frequency | Range |
|---|---|---|
| 1,268,932.00 2016 | yearly | 1960 - 2016 |
View Australia's Australia GDP: Final Consumption Expenditure: Include Discrepancy from 1960 to 2016 in the chart:
GDP: GNI per Capita
AU: GDP: GNI per Capita data was reported at 92,169.489 AUD in 2023. This records an increase from the previous number of 86,300.744 AUD for 2022. AU: GDP: GNI per Capita data is updated yearly, averaging 23,174.248 AUD from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 92,169.489 AUD in 2023 and a record low of 1,619.427 AUD in 1960. AU: GDP: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 92,169.489 2023 | yearly | 1960 - 2023 |
View Australia's GDP: GNI per Capita from 1960 to 2023 in the chart:
GDP: Gross Domestic Savings
AU: GDP: Gross Domestic Savings data was reported at 743,462.000 AUD mn in 2023. This records an increase from the previous number of 683,422.000 AUD mn for 2022. AU: GDP: Gross Domestic Savings data is updated yearly, averaging 103,164.000 AUD mn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 743,462.000 AUD mn in 2023 and a record low of 5,161.000 AUD mn in 1962. AU: GDP: Gross Domestic Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 743,462.000 2023 | yearly | 1960 - 2023 |
View Australia's GDP: Gross Domestic Savings from 1960 to 2023 in the chart:
GDP: Gross Fixed Capital Formation
AU: GDP: Gross Fixed Capital Formation data was reported at 593,913.000 AUD mn in 2023. This records an increase from the previous number of 537,111.000 AUD mn for 2022. AU: GDP: Gross Fixed Capital Formation data is updated yearly, averaging 105,010.500 AUD mn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 593,913.000 AUD mn in 2023 and a record low of 5,028.000 AUD mn in 1960. AU: GDP: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 593,913.000 2023 | yearly | 1960 - 2023 |
View Australia's GDP: Gross Fixed Capital Formation from 1960 to 2023 in the chart:
GDP: Gross National Expenditure
AU: GDP: Gross National Expenditure data was reported at 2,420,167.000 AUD mn in 2023. This records an increase from the previous number of 2,199,821.000 AUD mn for 2022. AU: GDP: Gross National Expenditure data is updated yearly, averaging 418,871.500 AUD mn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 2,420,167.000 AUD mn in 2023 and a record low of 16,663.000 AUD mn in 1960. AU: GDP: Gross National Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 2,420,167.000 2023 | yearly | 1960 - 2023 |
View Australia's GDP: Gross National Expenditure from 1960 to 2023 in the chart:
GDP: Gross National Expenditure: Deflator
AU: GDP: Gross National Expenditure: Deflator data was reported at 100.860 2022=100 in 2021. This records an increase from the previous number of 100.000 2022=100 for 2020. AU: GDP: Gross National Expenditure: Deflator data is updated yearly, averaging 100.430 2022=100 from Jun 2020 (Median) to 2021, with 2 observations. The data reached an all-time high of 100.860 2022=100 in 2021 and a record low of 100.000 2022=100 in 2020. AU: GDP: Gross National Expenditure: Deflator data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment).;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 100.860 2021 | yearly | 2020 - 2021 |
View Australia's GDP: Gross National Expenditure: Deflator from 2020 to 2021 in the chart:
GDP: Gross Savings
AU: GDP: Gross Savings data was reported at 635,486.071 AUD mn in 2023. This records an increase from the previous number of 592,911.029 AUD mn for 2022. AU: GDP: Gross Savings data is updated yearly, averaging 216,480.928 AUD mn from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 635,486.071 AUD mn in 2023 and a record low of 77,636.996 AUD mn in 1992. AU: GDP: Gross Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 635,486.071 2023 | yearly | 1989 - 2023 |
View Australia's GDP: Gross Savings from 1989 to 2023 in the chart:
GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing
AU: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data was reported at 61,044.000 AUD mn in 2023. This records a decrease from the previous number of 62,426.000 AUD mn for 2022. AU: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data is updated yearly, averaging 27,463.500 AUD mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 62,426.000 AUD mn in 2022 and a record low of 12,880.000 AUD mn in 1992. AU: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Agriculture, forestry, and fishing corresponds to ISIC divisions 1-3 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 61,044.000 2023 | yearly | 1990 - 2023 |
View Australia's GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing from 1990 to 2023 in the chart:
Australia GDP: Gross Value Added at Factor Cost: Services
AU: GDP: Gross Value Added at Factor Cost: Services data was reported at 1,130,750.000 AUD mn in 2016. This records an increase from the previous number of 1,086,125.000 AUD mn for 2015. AU: GDP: Gross Value Added at Factor Cost: Services data is updated yearly, averaging 515,121.000 AUD mn from Jun 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 1,130,750.000 AUD mn in 2016 and a record low of 240,178.000 AUD mn in 1990. AU: GDP: Gross Value Added at Factor Cost: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 1,130,750.00 2016 | yearly | 1990 - 2016 |
View Australia's Australia GDP: Gross Value Added at Factor Cost: Services from 1990 to 2016 in the chart:
GDP: Linked Series
AU: GDP: Linked Series data was reported at 2,561,228.000 AUD mn in 2023. This records an increase from the previous number of 2,333,221.000 AUD mn for 2022. AU: GDP: Linked Series data is updated yearly, averaging 1,044,304.000 AUD mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 2,561,228.000 AUD mn in 2023 and a record low of 404,695.000 AUD mn in 1990. AU: GDP: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;
| Last | Frequency | Range |
|---|---|---|
| 2,561,228.000 2023 | yearly | 1990 - 2023 |
View Australia's GDP: Linked Series from 1990 to 2023 in the chart:
GDP: Market Price: Linked Series
AU: GDP: Market Price: Linked Series data was reported at 1,985,438.000 AUD mn in 2020. This records an increase from the previous number of 1,952,680.000 AUD mn for 2019. AU: GDP: Market Price: Linked Series data is updated yearly, averaging 891,705.000 AUD mn from Jun 1989 (Median) to 2020, with 32 observations. The data reached an all-time high of 1,985,438.000 AUD mn in 2020 and a record low of 367,592.000 AUD mn in 1989. AU: GDP: Market Price: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;
| Last | Frequency | Range |
|---|---|---|
| 1,985,438.000 2020 | yearly | 1989 - 2020 |
View Australia's GDP: Market Price: Linked Series from 1989 to 2020 in the chart:
GDP: Net Current Transfer from Abroad
AU: GDP: Net Current Transfer from Abroad data was reported at -1,185.000 AUD mn in 2023. This records an increase from the previous number of -2,696.000 AUD mn for 2022. AU: GDP: Net Current Transfer from Abroad data is updated yearly, averaging -26.000 AUD mn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 628.000 AUD mn in 1991 and a record low of -3,302.000 AUD mn in 2013. AU: GDP: Net Current Transfer from Abroad data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| -1,185.000 2023 | yearly | 1960 - 2023 |
View Australia's GDP: Net Current Transfer from Abroad from 1960 to 2023 in the chart:
GDP: Net Income from Abroad
AU: GDP: Net Income from Abroad data was reported at -105,967.000 AUD mn in 2023. This records a decrease from the previous number of -88,159.000 AUD mn for 2022. AU: GDP: Net Income from Abroad data is updated yearly, averaging -12,947.000 AUD mn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 153.000 AUD mn in 1975 and a record low of -105,967.000 AUD mn in 2023. AU: GDP: Net Income from Abroad data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| -105,967.000 2023 | yearly | 1960 - 2023 |
View Australia's GDP: Net Income from Abroad from 1960 to 2023 in the chart:
GDP: Net Taxes on Product
AU: GDP: Net Taxes on Product data was reported at 156,182.000 AUD mn in 2023. This records an increase from the previous number of 152,545.000 AUD mn for 2022. AU: GDP: Net Taxes on Product data is updated yearly, averaging 81,706.500 AUD mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 156,182.000 AUD mn in 2023 and a record low of 32,283.000 AUD mn in 1990. AU: GDP: Net Taxes on Product data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Taxes less subsidies on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current local currency.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 156,182.000 2023 | yearly | 1990 - 2023 |
View Australia's GDP: Net Taxes on Product from 1990 to 2023 in the chart:
GDP: USD: Adjusted Net National Income
AU: GDP: USD: Adjusted Net National Income data was reported at 1,174.103 USD bn in 2021. This records an increase from the previous number of 1,026.905 USD bn for 2020. AU: GDP: USD: Adjusted Net National Income data is updated yearly, averaging 295.759 USD bn from Dec 1970 (Median) to 2021, with 52 observations. The data reached an all-time high of 1,245.948 USD bn in 2013 and a record low of 33.675 USD bn in 1970. AU: GDP: USD: Adjusted Net National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,174,103.054 2021 | yearly | 1970 - 2021 |
View Australia's GDP: USD: Adjusted Net National Income from 1970 to 2021 in the chart:
GDP: USD: Adjusted Net National Income per Capita
AU: GDP: USD: Adjusted Net National Income per Capita data was reported at 45,710.890 USD in 2021. This records an increase from the previous number of 40,036.446 USD for 2020. AU: GDP: USD: Adjusted Net National Income per Capita data is updated yearly, averaging 15,875.367 USD from Dec 1970 (Median) to 2021, with 52 observations. The data reached an all-time high of 53,871.555 USD in 2013 and a record low of 2,692.519 USD in 1970. AU: GDP: USD: Adjusted Net National Income per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 45,710.890 2021 | yearly | 1970 - 2021 |
View Australia's GDP: USD: Adjusted Net National Income per Capita from 1970 to 2021 in the chart:
GDP: USD: Changes in Inventories
AU: GDP: USD: Changes in Inventories data was reported at 5.713 USD bn in 2023. This records a decrease from the previous number of 9.368 USD bn for 2022. AU: GDP: USD: Changes in Inventories data is updated yearly, averaging 689.887 USD mn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 9.368 USD bn in 2022 and a record low of -5.107 USD bn in 2020. AU: GDP: USD: Changes in Inventories data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 5,712.824 2023 | yearly | 1960 - 2023 |
View Australia's GDP: USD: Changes in Inventories from 1960 to 2023 in the chart:
GDP: USD: Exports of Goods and Services
AU: GDP: USD: Exports of Goods and Services data was reported at 460.641 USD bn in 2023. This records an increase from the previous number of 430.470 USD bn for 2022. AU: GDP: USD: Exports of Goods and Services data is updated yearly, averaging 53.238 USD bn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 460.641 USD bn in 2023 and a record low of 2.414 USD bn in 1960. AU: GDP: USD: Exports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 460,640.875 2023 | yearly | 1960 - 2023 |
View Australia's GDP: USD: Exports of Goods and Services from 1960 to 2023 in the chart:
GDP: USD: External Balance of Goods and Services
AU: GDP: USD: External Balance of Goods and Services data was reported at 92.419 USD bn in 2023. This records a decrease from the previous number of 96.795 USD bn for 2022. AU: GDP: USD: External Balance of Goods and Services data is updated yearly, averaging -704.837 USD mn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 96.795 USD bn in 2022 and a record low of -27.414 USD bn in 2016. AU: GDP: USD: External Balance of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 92,419.470 2023 | yearly | 1960 - 2023 |
View Australia's GDP: USD: External Balance of Goods and Services from 1960 to 2023 in the chart:
GDP: USD: Final Consumption Expenditure
AU: GDP: USD: Final Consumption Expenditure data was reported at 1,223.442 USD bn in 2023. This records an increase from the previous number of 1,197.074 USD bn for 2022. AU: GDP: USD: Final Consumption Expenditure data is updated yearly, averaging 242.971 USD bn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 1,223.442 USD bn in 2023 and a record low of 12.788 USD bn in 1960. AU: GDP: USD: Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 1,223,442.232 2023 | yearly | 1960 - 2023 |
View Australia's GDP: USD: Final Consumption Expenditure from 1960 to 2023 in the chart:
GDP: USD: Final Consumption Expenditure: General Government
AU: GDP: USD: Final Consumption Expenditure: General Government data was reported at 367.620 USD bn in 2023. This records a decrease from the previous number of 372.776 USD bn for 2022. AU: GDP: USD: Final Consumption Expenditure: General Government data is updated yearly, averaging 60.604 USD bn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 372.776 USD bn in 2022 and a record low of 2.064 USD bn in 1960. AU: GDP: USD: Final Consumption Expenditure: General Government data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 367,619.701 2023 | yearly | 1960 - 2023 |
View Australia's GDP: USD: Final Consumption Expenditure: General Government from 1960 to 2023 in the chart:
GDP: USD: Final Consumption Expenditure: Household
AU: GDP: USD: Final Consumption Expenditure: Household data was reported at 855.823 USD bn in 2023. This records an increase from the previous number of 824.298 USD bn for 2022. AU: GDP: USD: Final Consumption Expenditure: Household data is updated yearly, averaging 182.367 USD bn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 860.948 USD bn in 2013 and a record low of 10.724 USD bn in 1960. AU: GDP: USD: Final Consumption Expenditure: Household data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Household and NPISHs final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. This indicator includes the expenditures of nonprofit institutions serving households even when reported separately by the country. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 855,822.531 2023 | yearly | 1960 - 2023 |
View Australia's GDP: USD: Final Consumption Expenditure: Household from 1960 to 2023 in the chart:
Australia GDP: USD: Final Consumption Expenditure: Household: Include Discrepancy
AU: GDP: USD: Final Consumption Expenditure: Household: Include Discrepancy data was reported at 696.462 USD bn in 2016. This records a decrease from the previous number of 761.006 USD bn for 2015. AU: GDP: USD: Final Consumption Expenditure: Household: Include Discrepancy data is updated yearly, averaging 129.138 USD bn from Jun 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 857.231 USD bn in 2013 and a record low of 10.867 USD bn in 1960. AU: GDP: USD: Final Consumption Expenditure: Household: Include Discrepancy data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 696,462.37 2016 | yearly | 1960 - 2016 |
View Australia's Australia GDP: USD: Final Consumption Expenditure: Household: Include Discrepancy from 1960 to 2016 in the chart:
Australia GDP: USD: Final Consumption Expenditure: Include Discrepancy
AU: GDP: USD: Final Consumption Expenditure: Include Discrepancy data was reported at 923.687 USD bn in 2016. This records a decrease from the previous number of 1,005.116 USD bn for 2015. AU: GDP: USD: Final Consumption Expenditure: Include Discrepancy data is updated yearly, averaging 171.706 USD bn from Jun 1960 (Median) to 2016, with 57 observations. The data reached an all-time high of 1,139.231 USD bn in 2013 and a record low of 12.931 USD bn in 1960. AU: GDP: USD: Final Consumption Expenditure: Include Discrepancy data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 923,686.99 2016 | yearly | 1960 - 2016 |
View Australia's Australia GDP: USD: Final Consumption Expenditure: Include Discrepancy from 1960 to 2016 in the chart:
GDP: USD: Gross Capital Formation
AU: GDP: USD: Gross Capital Formation data was reported at 405.444 USD bn in 2023. This records an increase from the previous number of 399.089 USD bn for 2022. AU: GDP: USD: Gross Capital Formation data is updated yearly, averaging 78.650 USD bn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 439.542 USD bn in 2013 and a record low of 5.663 USD bn in 1962. AU: GDP: USD: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 405,444.278 2023 | yearly | 1960 - 2023 |
View Australia's GDP: USD: Gross Capital Formation from 1960 to 2023 in the chart:
GDP: USD: Gross Domestic Savings
AU: GDP: USD: Gross Domestic Savings data was reported at 500.385 USD bn in 2023. This records an increase from the previous number of 495.883 USD bn for 2022. AU: GDP: USD: Gross Domestic Savings data is updated yearly, averaging 78.985 USD bn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 500.385 USD bn in 2023 and a record low of 5.780 USD bn in 1962. AU: GDP: USD: Gross Domestic Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 500,384.983 2023 | yearly | 1960 - 2023 |
View Australia's GDP: USD: Gross Domestic Savings from 1960 to 2023 in the chart:
GDP: USD: Gross Fixed Capital Formation
AU: GDP: USD: Gross Fixed Capital Formation data was reported at 399.731 USD bn in 2023. This records an increase from the previous number of 389.721 USD bn for 2022. AU: GDP: USD: Gross Fixed Capital Formation data is updated yearly, averaging 78.723 USD bn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 439.091 USD bn in 2013 and a record low of 5.631 USD bn in 1960. AU: GDP: USD: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 399,731.454 2023 | yearly | 1960 - 2023 |
View Australia's GDP: USD: Gross Fixed Capital Formation from 1960 to 2023 in the chart:
GDP: USD: Gross National Expenditure
AU: GDP: USD: Gross National Expenditure data was reported at 1,628.887 USD bn in 2023. This records an increase from the previous number of 1,596.163 USD bn for 2022. AU: GDP: USD: Gross National Expenditure data is updated yearly, averaging 319.505 USD bn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 1,628.887 USD bn in 2023 and a record low of 18.663 USD bn in 1960. AU: GDP: USD: Gross National Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,628,886.511 2023 | yearly | 1960 - 2023 |
View Australia's GDP: USD: Gross National Expenditure from 1960 to 2023 in the chart:
GDP: USD: Gross National Income
AU: GDP: USD: Gross National Income data was reported at 1,652.506 USD bn in 2023. This records an increase from the previous number of 1,628.990 USD bn for 2022. AU: GDP: USD: Gross National Income data is updated yearly, averaging 308.358 USD bn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 1,652.506 USD bn in 2023 and a record low of 18.639 USD bn in 1960. AU: GDP: USD: Gross National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,652,506.428 2023 | yearly | 1960 - 2023 |
View Australia's GDP: USD: Gross National Income from 1960 to 2023 in the chart:
GDP: USD: Gross National Income per Capita: Atlas Method
AU: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 63,140.000 USD in 2023. This records an increase from the previous number of 60,820.000 USD for 2022. AU: GDP: USD: Gross National Income per Capita: Atlas Method data is updated yearly, averaging 18,750.000 USD from Dec 1962 (Median) to 2023, with 62 observations. The data reached an all-time high of 66,090.000 USD in 2013 and a record low of 1,870.000 USD in 1962. AU: GDP: USD: Gross National Income per Capita: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 63,140.000 2023 | yearly | 1962 - 2023 |
View Australia's GDP: USD: Gross National Income per Capita: Atlas Method from 1962 to 2023 in the chart:
GDP: USD: Gross National Income: Atlas Method
AU: GDP: USD: Gross National Income: Atlas Method data was reported at 1,681.999 USD bn in 2023. This records an increase from the previous number of 1,582.214 USD bn for 2022. AU: GDP: USD: Gross National Income: Atlas Method data is updated yearly, averaging 329.390 USD bn from Dec 1962 (Median) to 2023, with 62 observations. The data reached an all-time high of 1,681.999 USD bn in 2023 and a record low of 20.131 USD bn in 1962. AU: GDP: USD: Gross National Income: Atlas Method data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,681,999.462 2023 | yearly | 1962 - 2023 |
View Australia's GDP: USD: Gross National Income: Atlas Method from 1962 to 2023 in the chart:
GDP: USD: Gross Savings
AU: GDP: USD: Gross Savings data was reported at 427.712 USD bn in 2023. This records a decrease from the previous number of 430.209 USD bn for 2022. AU: GDP: USD: Gross Savings data is updated yearly, averaging 162.085 USD bn from Dec 1989 (Median) to 2023, with 35 observations. The data reached an all-time high of 430.209 USD bn in 2022 and a record low of 59.707 USD bn in 1992. AU: GDP: USD: Gross Savings data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross savings are calculated as gross national income less total consumption, plus net transfers. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 427,712.091 2023 | yearly | 1989 - 2023 |
View Australia's GDP: USD: Gross Savings from 1989 to 2023 in the chart:
GDP: USD: Gross Value Added at Basic Price: Agriculture, Forestry, and Fishing
AU: GDP: USD: Gross Value Added at Basic Price: Agriculture, Forestry, and Fishing data was reported at 41.085 USD bn in 2023. This records a decrease from the previous number of 45.296 USD bn for 2022. AU: GDP: USD: Gross Value Added at Basic Price: Agriculture, Forestry, and Fishing data is updated yearly, averaging 20.258 USD bn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 45.296 USD bn in 2022 and a record low of 9.905 USD bn in 1992. AU: GDP: USD: Gross Value Added at Basic Price: Agriculture, Forestry, and Fishing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Agriculture, forestry, and fishing corresponds to ISIC divisions 1-3 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 41,085.490 2023 | yearly | 1990 - 2023 |
View Australia's GDP: USD: Gross Value Added at Basic Price: Agriculture, Forestry, and Fishing from 1990 to 2023 in the chart:
GDP: USD: Gross Value Added at Factor Cost
AU: GDP: USD: Gross Value Added at Factor Cost data was reported at 1,246.073 USD bn in 2020. This records a decrease from the previous number of 1,306.269 USD bn for 2019. AU: GDP: USD: Gross Value Added at Factor Cost data is updated yearly, averaging 637.043 USD bn from Jun 1990 (Median) to 2020, with 31 observations. The data reached an all-time high of 1,477.419 USD bn in 2013 and a record low of 287.321 USD bn in 1990. AU: GDP: USD: Gross Value Added at Factor Cost data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,306,268.774 2019 | yearly | 1990 - 2019 |
View Australia's GDP: USD: Gross Value Added at Factor Cost from 1990 to 2019 in the chart:
GDP: USD: Gross Value Added at Factor Cost: Agriculture
AU: GDP: USD: Gross Value Added at Factor Cost: Agriculture data was reported at 25.260 USD bn in 2020. This records a decrease from the previous number of 29.630 USD bn for 2019. AU: GDP: USD: Gross Value Added at Factor Cost: Agriculture data is updated yearly, averaging 18.778 USD bn from Jun 1990 (Median) to 2020, with 31 observations. The data reached an all-time high of 35.947 USD bn in 2017 and a record low of 9.920 USD bn in 1992. AU: GDP: USD: Gross Value Added at Factor Cost: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 25,260.088 2020 | yearly | 1990 - 2020 |
View Australia's GDP: USD: Gross Value Added at Factor Cost: Agriculture from 1990 to 2020 in the chart:
GDP: USD: Gross Value Added at Factor Cost: Industry
AU: GDP: USD: Gross Value Added at Factor Cost: Industry data was reported at 341.883 USD bn in 2020. This records a decrease from the previous number of 354.483 USD bn for 2019. AU: GDP: USD: Gross Value Added at Factor Cost: Industry data is updated yearly, averaging 170.716 USD bn from Jun 1990 (Median) to 2020, with 31 observations. The data reached an all-time high of 406.393 USD bn in 2012 and a record low of 83.816 USD bn in 1993. AU: GDP: USD: Gross Value Added at Factor Cost: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 354,482.907 2019 | yearly | 1990 - 2019 |
View Australia's GDP: USD: Gross Value Added at Factor Cost: Industry from 1990 to 2019 in the chart:
GDP: USD: Gross Value Added at Factor Cost: Industry: Manufacturing
AU: GDP: USD: Gross Value Added at Factor Cost: Industry: Manufacturing data was reported at 92.893 USD bn in 2023. This records an increase from the previous number of 91.299 USD bn for 2022. AU: GDP: USD: Gross Value Added at Factor Cost: Industry: Manufacturing data is updated yearly, averaging 73.704 USD bn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 109.060 USD bn in 2012 and a record low of 40.180 USD bn in 1993. AU: GDP: USD: Gross Value Added at Factor Cost: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 92,892.622 2023 | yearly | 1990 - 2023 |
View Australia's GDP: USD: Gross Value Added at Factor Cost: Industry: Manufacturing from 1990 to 2023 in the chart:
Australia GDP: USD: Gross Value Added at Factor Cost: Services
AU: GDP: USD: Gross Value Added at Factor Cost: Services data was reported at 823.101 USD bn in 2016. This records a decrease from the previous number of 903.673 USD bn for 2015. AU: GDP: USD: Gross Value Added at Factor Cost: Services data is updated yearly, averaging 300.012 USD bn from Jun 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 1,036.090 USD bn in 2013 and a record low of 184.823 USD bn in 1990. AU: GDP: USD: Gross Value Added at Factor Cost: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 823,100.89 2016 | yearly | 1990 - 2016 |
View Australia's Australia GDP: USD: Gross Value Added at Factor Cost: Services from 1990 to 2016 in the chart:
GDP: USD: Imports of Goods and Services
AU: GDP: USD: Imports of Goods and Services data was reported at 368.221 USD bn in 2023. This records an increase from the previous number of 333.675 USD bn for 2022. AU: GDP: USD: Imports of Goods and Services data is updated yearly, averaging 53.201 USD bn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 368.221 USD bn in 2023 and a record low of 2.512 USD bn in 1962. AU: GDP: USD: Imports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 368,221.406 2023 | yearly | 1960 - 2023 |
View Australia's GDP: USD: Imports of Goods and Services from 1960 to 2023 in the chart:
GDP: USD: Net Current Transfer from Abroad
AU: GDP: USD: Net Current Transfer from Abroad data was reported at -797.561 USD mn in 2023. This records an increase from the previous number of -1.956 USD bn for 2022. AU: GDP: USD: Net Current Transfer from Abroad data is updated yearly, averaging -19.311 USD mn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 504.027 USD mn in 1989 and a record low of -3.388 USD bn in 2013. AU: GDP: USD: Net Current Transfer from Abroad data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| -797.561 2023 | yearly | 1960 - 2023 |
View Australia's GDP: USD: Net Current Transfer from Abroad from 1960 to 2023 in the chart:
GDP: USD: Net Income from Abroad
AU: GDP: USD: Net Income from Abroad data was reported at -71.321 USD bn in 2023. This records a decrease from the previous number of -63.967 USD bn for 2022. AU: GDP: USD: Net Income from Abroad data is updated yearly, averaging -9.460 USD bn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 208.931 USD mn in 1975 and a record low of -71.321 USD bn in 2023. AU: GDP: USD: Net Income from Abroad data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Net primary income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| -71,320.788 2023 | yearly | 1960 - 2023 |
View Australia's GDP: USD: Net Income from Abroad from 1960 to 2023 in the chart:
GDP: USD: Net Taxes on Product
AU: GDP: USD: Net Taxes on Product data was reported at 105.118 USD bn in 2023. This records a decrease from the previous number of 110.685 USD bn for 2022. AU: GDP: USD: Net Taxes on Product data is updated yearly, averaging 60.655 USD bn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 110.685 USD bn in 2022 and a record low of 23.543 USD bn in 1993. AU: GDP: USD: Net Taxes on Product data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. Taxes less subsidies on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;;
| Last | Frequency | Range |
|---|---|---|
| 105,117.851 2023 | yearly | 1990 - 2023 |
View Australia's GDP: USD: Net Taxes on Product from 1990 to 2023 in the chart:
Gross National Income: Linked Series
AU: Gross National Income: Linked Series data was reported at 2,455,261.000 AUD mn in 2023. This records an increase from the previous number of 2,245,062.000 AUD mn for 2022. AU: Gross National Income: Linked Series data is updated yearly, averaging 1,000,654.000 AUD mn from Dec 1990 (Median) to 2023, with 34 observations. The data reached an all-time high of 2,455,261.000 AUD mn in 2023 and a record low of 390,613.000 AUD mn in 1990. AU: Gross National Income: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Nominal. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in local currency, at current prices.;World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.;;
| Last | Frequency | Range |
|---|---|---|
| 2,455,261.000 2023 | yearly | 1990 - 2023 |