Australia Nominal GDP Growth
Key information about Australia Nominal GDP Growth
- Australia Nominal GDP Growth was reported at 3.547 % in Sep 2024.
- This records a decrease from the previous number of 4.439 % for Jun 2024.
- Australia Nominal GDP Growth data is updated quarterly, averaging 7.934 % from Sep 1960 to Sep 2024, with 257 observations.
- The data reached an all-time high of 23.811 % in Dec 1973 and a record low of -5.726 % in Jun 2020.
- Australia Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
- The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Quarterly: Seasonally Adjusted.
CEIC calculates quarterly Nominal GDP Growth from quarterly Nominal GDP. The Australian Bureau of Statistics provides Nominal GDP in local currency.
View Australia's Nominal GDP Growth from Sep 1960 to Sep 2024 in the chart:
What was Australia's Nominal GDP Growth in Sep 2024?
Australia Nominal GDP Growth was reported at 3.547 % in Sep 2024. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
3.547 Sep 2024 | 4.439 Jun 2024 | -5.726 Jun 2020 | 23.811 Dec 1973 | % | quarterly | Sep 1960 - Sep 2024 |
Nominal GDP Growth by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 7.871 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
Algeria (%) | 6.213 Mar 2024 | quarterly | Mar 2000 - Mar 2024 |
Argentina (%) | 208.098 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
Armenia (%) | 6.354 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
Australia (%) | 3.547 Sep 2024 | quarterly | Sep 1960 - Sep 2024 |
Austria (%) | 1.603 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Azerbaijan (%) | 2.381 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
Bahrain (%) | 2.392 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
Bangladesh (%) | 12.407 2024 | yearly | 2007 - 2024 |
Belarus (%) | 15.793 Jun 2024 | quarterly | Mar 1995 - Jun 2024 |
Belgium (%) | 3.003 Jun 2024 | quarterly | Mar 1981 - Jun 2024 |
Bolivia (%) | 5.208 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
Bosnia and Herzegovina (%) | 2.641 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
Botswana (%) | 0.082 Sep 2024 | quarterly | Sep 1994 - Sep 2024 |
Brazil (%) | 8.741 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
Brunei (%) | 1.005 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
Bulgaria (%) | 10.494 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Cambodia (%) | 8.798 2022 | yearly | 1994 - 2022 |
Canada (%) | 4.311 Sep 2024 | quarterly | Mar 1958 - Sep 2024 |
Chile (%) | 9.139 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
China (%) | 4.042 Sep 2024 | quarterly | Mar 1993 - Sep 2024 |
Colombia (%) | 8.580 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
Croatia (%) | 8.670 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Cyprus (%) | 5.660 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Czech Republic (%) | 5.202 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Denmark (%) | 7.466 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
Ecuador (%) | 3.653 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
Egypt (%) | 35.403 Jun 2024 | quarterly | Sep 2002 - Jun 2024 |
Estonia (%) | 3.955 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
European Union (%) | 4.321 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Finland (%) | 1.977 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
France (%) | 3.743 Sep 2024 | quarterly | Mar 1950 - Sep 2024 |
Georgia (%) | 15.756 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
Germany (%) | 2.440 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
Ghana (%) | 30.729 Sep 2024 | quarterly | Mar 2007 - Sep 2024 |
Greece (%) | 5.660 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Hong Kong SAR, China (%) | 6.069 Sep 2024 | quarterly | Mar 1974 - Sep 2024 |
Hungary (%) | 6.245 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Iceland (%) | 4.332 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
India (%) | 8.043 Sep 2024 | quarterly | Jun 1997 - Sep 2024 |
Indonesia (%) | 6.495 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
Iran (%) | 35.070 Mar 2024 | quarterly | Jun 1989 - Mar 2024 |
Ireland (%) | -1.208 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Israel (%) | 5.029 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Italy (%) | 4.543 Sep 2024 | quarterly | Mar 1981 - Sep 2024 |
Ivory Coast (%) | 681.695 Mar 2023 | quarterly | Mar 1998 - Mar 2023 |
Japan (%) | 2.883 Sep 2024 | quarterly | Mar 1981 - Sep 2024 |
Jordan (%) | 3.975 Jun 2024 | quarterly | Mar 1993 - Jun 2024 |
Kazakhstan (%) | 15.632 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Kenya (%) | 7.780 Jun 2024 | quarterly | Mar 2010 - Jun 2024 |
South Korea (%) | 4.972 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
Kosovo (%) | 6.248 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
Kuwait (%) | 3.246 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
Kyrgyzstan (%) | 11.819 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
Laos (%) | 23.128 2023 | yearly | 1985 - 2023 |
Latvia (%) | 3.064 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Lebanon (%) | 19.333 2020 | yearly | 1998 - 2020 |
Lithuania (%) | 5.909 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Luxembourg (%) | 4.729 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Macau SAR, China (%) | 6.202 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
North Macedonia (%) | 6.209 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
Malawi (%) | 31.544 2023 | yearly | 2003 - 2023 |
Malaysia (%) | 5.933 Sep 2024 | quarterly | Mar 1992 - Sep 2024 |
Malta (%) | 7.995 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Mauritius (%) | 9.785 Sep 2024 | quarterly | Mar 2000 - Sep 2024 |
Mexico (%) | 6.870 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
Moldova (%) | 12.440 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Mongolia (%) | 14.383 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
Montenegro (%) | 7.679 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
Morocco (%) | 3.615 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
Mozambique (%) | 11.026 2023 | yearly | 1964 - 2023 |
Nepal (%) | 6.662 2024 | yearly | 2002 - 2024 |
Netherlands (%) | 5.983 Sep 2024 | quarterly | Mar 1989 - Sep 2024 |
New Zealand (%) | 1.644 Sep 2024 | quarterly | Jun 1988 - Sep 2024 |
Nigeria (%) | 17.265 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
Norway (%) | 3.498 Sep 2024 | quarterly | Mar 1979 - Sep 2024 |
Oman (%) | 3.409 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
Pakistan (%) | 25.810 2024 | yearly | 2001 - 2024 |
Palestinian Territory (%) | -34.320 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
Panama (%) | 2.051 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
Paraguay (%) | 6.257 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Peru (%) | 5.953 Dec 2022 | quarterly | Mar 1991 - Dec 2022 |
Philippines (%) | 8.515 Sep 2024 | quarterly | Mar 1982 - Sep 2024 |
Poland (%) | 5.845 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Portugal (%) | 10.841 Dec 2022 | quarterly | Mar 1996 - Dec 2022 |
Qatar (%) | 0.728 Jun 2024 | quarterly | Mar 2012 - Jun 2024 |
Romania (%) | 10.092 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Russia (%) | 19.527 Mar 2024 | quarterly | Mar 1994 - Mar 2024 |
Saudi Arabia (%) | 1.031 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
Serbia (%) | 9.102 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Singapore (%) | 8.423 Sep 2024 | quarterly | Mar 1976 - Sep 2024 |
Slovakia (%) | 4.392 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Slovenia (%) | 3.950 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
South Africa (%) | 4.400 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
Spain (%) | 6.777 Sep 2024 | quarterly | Mar 1971 - Sep 2024 |
Sri Lanka (%) | 8.262 Sep 2024 | quarterly | Mar 2003 - Sep 2024 |
Sudan (%) | 103.797 2020 | yearly | 1961 - 2020 |
Sweden (%) | 3.008 Sep 2024 | quarterly | Mar 1981 - Sep 2024 |
Switzerland (%) | 4.113 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
Syria (%) | 113.698 2022 | yearly | 1971 - 2022 |
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Learn more about what we doAustralia Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -2.1 Sep 2024 | quarterly | Jun 2003 - Sep 2024 |
Consolidated Fiscal Balance (USD mn) | -20,262.041 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
Tax Revenue (USD mn) | 125,735.607 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
Tax Revenue: % of GDP (%) | 27.7 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
National Government Debt (USD mn) | 650,929.8 2023 | yearly | 1999 - 2023 |
Government Debt: % of GDP (%) | 38.0 2023 | yearly | 1999 - 2023 |
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 |
DOT Forecast: Budget Aggregates: Revenue (AUD bn) | 819.600 2028 | yearly | 1997 - 2028 |
DOT Forecast: Budget Aggregates: Expenses (AUD bn) | 829.800 2028 | yearly | 1997 - 2028 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 2.969 2029 | yearly | 1980 - 2029 |
Trade Balance (USD mn) | 3,988.5 Oct 2024 | monthly | Jul 1971 - Oct 2024 |
Total Exports (USD mn) | 28,239.2 Oct 2024 | monthly | Jul 1971 - Oct 2024 |
Total Exports Growth (%) | -9.2 Oct 2024 | monthly | Jul 1972 - Oct 2024 |
Aluminum: Exports (USD th) | 4,120,297.894 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 1,275,238.605 2023 | yearly | 1995 - 2023 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 1,826,091.258 2023 | yearly | 1995 - 2023 |
Total Imports (USD mn) | 24,250.7 Oct 2024 | monthly | Jul 1971 - Oct 2024 |
Total Imports Growth (%) | -3.1 Oct 2024 | monthly | Jul 1972 - Oct 2024 |
Imports: Medicament (USD th) | 7,493,317.912 2022 | yearly | 1995 - 2022 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 6,198,455.930 2022 | yearly | 1995 - 2022 |
Total Exports to USA (USD mn) | 1,463.280 Oct 2024 | monthly | Jan 1988 - Oct 2024 |
Total Imports from USA (USD mn) | 2,687.370 Oct 2024 | monthly | Apr 1969 - Oct 2024 |
Total Exports to China (USD mn) | 9,197.090 Oct 2024 | monthly | Apr 1969 - Oct 2024 |
Total Imports from China (USD mn) | 7,239.350 Oct 2024 | monthly | Jan 1988 - Oct 2024 |
Trade Balance: Goods (AUD mn) | 2,259.000 Oct 2024 | monthly | Jul 1971 - Oct 2024 |
Trade Balance: sa: Goods (AUD mn) | 5,953.000 Oct 2024 | monthly | Jul 1971 - Oct 2024 |
Export: SITC: Value: FOB: Manufactured Goods Classified Chiefly By Material (MG) (AUD mn) | 1,858.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: SITC: Value: FOB: Crude Materials, Inedible, Except Fuels (CM) (AUD mn) | 13,991.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: Value: Coal, whether or not Pulverized, but not Agglomerated (AUD mn) | 6,591.000 Oct 2024 | monthly | Jan 1988 - Oct 2024 |
Export Value: SITC: FOB: MS: Copper Ore & Concentrate, Copper Matte & Cement Cop... (AUD mn) | 482.000 Oct 2024 | monthly | Jan 1988 - Oct 2024 |
Export Value: SITC: FOB: MS: Aluminum Ore & Concentrate (AUD mn) | 1,265.000 Oct 2024 | monthly | Jan 1988 - Oct 2024 |
Terms of Trade Index (2016-2017=100) | 106.800 Dec 2018 | quarterly | Sep 1959 - Dec 2018 |
Import Value: SITC: NF: Copper (AUD mn) | 97.000 Oct 2024 | monthly | Jan 1988 - Oct 2024 |
Import Value: SITC: NF: Aluminium (AUD mn) | 160.000 Oct 2024 | monthly | Jan 1988 - Oct 2024 |
Import Value: ANZSIC 2006: Metal Ore Mining (AUD mn) | 18.000 Oct 2024 | monthly | Jul 2005 - Oct 2024 |
Export Value Index (2015=100) | 183.729 2021 | yearly | 1995 - 2021 |
Import Value Index (2015=100) | 125.258 2021 | yearly | 1995 - 2021 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 1.1 Sep 2024 | quarterly | Jun 2004 - Sep 2024 |
Household Debt: % of GDP (%) | 116.6 Mar 2023 | quarterly | Jun 1988 - Mar 2023 |
Non-Performing Loans (USD mn) | 32,414.717 Sep 2024 | quarterly | Sep 1994 - Sep 2024 |
Money Supply M1 (USD mn) | 1,133,098.521 Nov 2024 | monthly | Feb 1975 - Nov 2024 |
Money Supply M2 (USD mn) | 2,027,746.995 Nov 2024 | monthly | Mar 1965 - Nov 2024 |
M2 Growth (%) | 5.8 Nov 2024 | monthly | Mar 1966 - Nov 2024 |
Foreign Exchange Reserves (USD mn) | 39,262.3 Nov 2024 | monthly | Jul 1969 - Nov 2024 |
Foreign Exchange Reserves: % of GDP (%) | 2.137 Sep 2024 | quarterly | Sep 1969 - Sep 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 1.5 May 2023 | monthly | Jul 1971 - May 2023 |
Gold Reserves (USD mn) | 6,802.828 Nov 2024 | monthly | Jan 1958 - Nov 2024 |
Total Deposits (USD mn) | 2,614,643.998 Mar 2023 | quarterly | Sep 2004 - Mar 2023 |
Total Deposits Growth (%) | 3.7 Sep 2024 | quarterly | Sep 2005 - Sep 2024 |
Domestic Credit (USD mn) | 3,684,627.3 Oct 2024 | monthly | Dec 2001 - Oct 2024 |
Domestic Credit Growth (%) | -0.8 Oct 2024 | monthly | Dec 2002 - Oct 2024 |
Debt Service Ratio: Households (%) | 18.800 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Debt Service Ratio: Private Non-Financial Sector (%) | 22.300 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Credit to Households (USD bn) | 1,982.664 Jun 2024 | quarterly | Dec 1977 - Jun 2024 |
Credit to Private Non-Financial Sector (USD bn) | 3,045.693 Jun 2024 | quarterly | Mar 1971 - Jun 2024 |
Household Debt (USD mn) | 2,206,853.7 Sep 2024 | quarterly | Jun 1988 - Sep 2024 |
Total Loans (USD mn) | 2,428,057.467 Nov 2024 | monthly | Sep 1976 - Nov 2024 |
Total Loans Growth (%) | 6.78 Nov 2024 | monthly | Sep 1977 - Nov 2024 |
Private Debt: % of Nominal GDP (%) | 125.28 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
Money Supply: M3 (AUD bn) | 3,110.734 Nov 2024 | monthly | Jul 1959 - Nov 2024 |
Money Supply: sa: M1 (AUD bn) | 1,739.749 Nov 2024 | monthly | Feb 1975 - Nov 2024 |
Money Supply: sa: M3 (AUD bn) | 3,113.384 Nov 2024 | monthly | Mar 1965 - Nov 2024 |
Official Reserve Assets: Total: in USD (USD mn) | 64,131.000 Nov 2024 | monthly | Jul 1969 - Nov 2024 |
AU: Broad Money (AUD mn) | 3,254,406.401 2023 | yearly | 1960 - 2023 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Economic Policy Uncertainty Index (Index) | 111.981 Oct 2024 | monthly | Jan 1997 - Oct 2024 |
Geopolitical Risk Index (%) | 0.106 Nov 2024 | monthly | Jan 1985 - Nov 2024 |
Exports: % of GDP (%) | 27.346 2022 | yearly | 2001 - 2022 |
Imports: % of GDP (%) | 21.613 2022 | yearly | 2001 - 2022 |
Business Confidence Growth (% Point) | 8.0 Oct 2024 | monthly | Jul 2013 - Oct 2024 |
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