Australia GDP

1959 - 2024 | Quarterly | AUD mn | Australian Bureau of Statistics

Australia GDP data was reported at 677,681.000 AUD mn in Jun 2024. This records an increase from the previous number of 649,325.000 AUD mn for Mar 2024. Australia GDP data is updated quarterly, averaging 107,086.000 AUD mn from Sep 1959 (Median) to Jun 2024, with 260 observations. The data reached an all-time high of 689,321.000 AUD mn in Dec 2023 and a record low of 3,928.000 AUD mn in Mar 1960. Australia GDP data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A001: SNA08: Gross Domestic Product: by Expenditure: Current Price.

View Australia's Australia GDP from Sep 1959 to Jun 2024 in the chart:

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Australia Australia GDP
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Australia Australia GDP

What was Australia's Australia GDP in Jun 2024?

Last Previous Min Max Unit Frequency Range
677,681.000 Jun 2024 649,325.000 Mar 2024 3,928.000 Mar 1960 689,321.000 Dec 2023 AUD mn quarterly Sep 1959 - Jun 2024

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Australia Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 75,508.049 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 75,393.910 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 2.279 2027 yearly 1980 - 2027
GDP Deflator Growth (%) 9.1 Dec 2022 quarterly Sep 1960 - Dec 2022
GDP per Capita (USD) 65,005.795 2022 yearly 1960 - 2022
Gross Fixed Capital Formation (USD mn) 107,624.654 Jun 2024 quarterly Sep 1959 - Jun 2024
Gross National Product (GNP) (USD mn) 430,283.098 Jun 2024 quarterly Sep 1959 - Jun 2024
Gross Savings Rate (%) 29.6 Dec 2022 quarterly Sep 1959 - Dec 2022
Investment: % of GDP (%) 25.8 Jun 2024 quarterly Sep 1959 - Jun 2024
Nominal GDP (USD mn) 440,146.9 Mar 2023 quarterly Sep 1959 - Mar 2023
Nominal GDP Growth (%) 4.372 Jun 2024 quarterly Sep 1960 - Jun 2024
Private Consumption Expenditure (USD mn) 227,436.303 Jun 2024 quarterly Sep 1959 - Jun 2024
Private Consumption: % of GDP (%) 50.6 Jun 2024 quarterly Sep 1959 - Jun 2024
Public Consumption Expenditure (USD mn) 101,187.448 Jun 2024 quarterly Sep 1959 - Jun 2024
Public Consumption: % of GDP (%) 20.4 Dec 2022 quarterly Sep 1959 - Dec 2022
Real GDP Growth (%) 2.7 Dec 2022 quarterly Sep 1960 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 45.089 Jun 2024 quarterly Sep 1959 - Jun 2024
Production Last Frequency Range
Gold Production (kg) 310,000.000 2023 yearly 1990 - 2023
Industrial Production Index Growth (%) 0.1 Jun 2024 quarterly Sep 1975 - Jun 2024
Minerals Production (Metric Ton) 1,321,311,762.000 2022 yearly 2009 - 2022
Motor Vehicle Production (Unit) 7,141.000 2023 yearly 1997 - 2023
Silver Production (Metric Ton) 1,200.000 2023 yearly 1986 - 2023
Fertilizer Consumption (%) 285.140 2020 yearly 1961 - 2020
Agricultural Land (sq km) 3,557,750.000 2020 yearly 1961 - 2020
Aquaculture Production (Metric Ton) 125,230.520 2022 yearly 1960 - 2022
Construction and Properties Last Frequency Range
House Prices Growth (%) 6.4 Jun 2024 quarterly Sep 2004 - Jun 2024
Nominal Residential Property Price Index (2010=100) 191.679 Jun 2024 quarterly Mar 1970 - Jun 2024
Nominal Residential Property Price Index Growth (%) 8.599 Jun 2024 quarterly Mar 1971 - Jun 2024
Real Residential Property Price Index (2010=100) 132.712 Jun 2024 quarterly Mar 1970 - Jun 2024
Real Residential Property Price Index Growth (%) 4.608 Jun 2024 quarterly Mar 1971 - Jun 2024
Building Permits (Unit) 20,643.000 Sep 2024 monthly Jul 2001 - Sep 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.8 Jun 2024 quarterly Jun 2003 - Jun 2024
Forecast: Government Expenditure (AUD bn) 1,268.078 2029 yearly 1988 - 2029
Forecast: Government Net Debt (AUD bn) 1,568.589 2029 yearly 1989 - 2029
Forecast: Government Revenue (AUD bn) 1,234.249 2029 yearly 1988 - 2029
Government Debt: % of GDP (%) 38.1 2023 yearly 1999 - 2023
National Government Debt (USD mn) 650,929.8 2023 yearly 1999 - 2023
Tax Revenue (USD mn) 149,474.073 Jun 2024 quarterly Sep 2002 - Jun 2024
Consolidated Fiscal Balance (USD mn) -4,711.083 Jun 2024 quarterly Sep 2002 - Jun 2024
Tax Revenue: % of GDP (%) 33.5 Jun 2024 quarterly Sep 2002 - Jun 2024
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 14,521,878.985 Sep 2024 monthly Feb 1978 - Sep 2024
Forecast: Employment (Person mn) 13.897 2024 yearly 1980 - 2024
Forecast: Population (Person mn) 29.054 2029 yearly 1980 - 2029
Forecast: Unemployment Rate (%) 4.524 2029 yearly 1980 - 2029
Labour Force Participation Rate (%) 66.9 Sep 2024 monthly Feb 1978 - Sep 2024
Labour Productivity Growth (%) -1.38 Jun 2024 quarterly Jun 1979 - Jun 2024
Monthly Earnings (USD) 3,744 Nov 2023 semiannually May 2012 - Nov 2023
Population (Person mn) 27.0 2023 yearly 1950 - 2023
Unemployment Rate (%) 4.07 Sep 2024 monthly Feb 1978 - Sep 2024
Life Expectancy at Birth (Year) 83.200 2022 yearly 1960 - 2022

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