Australia Nominal GDP Growth
Key information about Australia Nominal GDP Growth
- Australia Nominal GDP Growth was reported at 4.372 % in Jun 2024.
- This records an increase from the previous number of 3.741 % for Mar 2024.
- Australia Nominal GDP Growth data is updated quarterly, averaging 7.938 % from Sep 1960 to Jun 2024, with 256 observations.
- The data reached an all-time high of 23.813 % in Dec 1973 and a record low of -5.679 % 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 Jun 2024 in the chart:
What was Australia's Nominal GDP Growth in Jun 2024?
Australia Nominal GDP Growth was reported at 4.372 % in Jun 2024. See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
4.372 Jun 2024 | 3.741 Mar 2024 | -5.679 Jun 2020 | 23.813 Dec 1973 | % | quarterly | Sep 1960 - Jun 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 (%) | 250.930 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
Armenia (%) | 7.035 Jun 2024 | quarterly | Dec 1995 - Jun 2024 |
Australia (%) | 4.372 Jun 2024 | quarterly | Sep 1960 - Jun 2024 |
Austria (%) | 1.388 Jun 2024 | quarterly | Mar 1996 - Jun 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 (%) | 4.072 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 (%) | -2.189 Jun 2024 | quarterly | Sep 1994 - Jun 2024 |
Brazil (%) | 8.508 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
Brunei (%) | 7.833 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Bulgaria (%) | 9.514 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Cambodia (%) | 8.798 2022 | yearly | 1994 - 2022 |
Canada (%) | 4.866 Jun 2024 | quarterly | Mar 1958 - Jun 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 (%) | 8.893 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Cyprus (%) | 7.754 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Czech Republic (%) | 4.815 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Denmark (%) | 3.286 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
Ecuador (%) | 3.653 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
Egypt (%) | 35.403 Jun 2024 | quarterly | Sep 2002 - Jun 2024 |
Estonia (%) | 2.811 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
European Union (%) | 4.061 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Finland (%) | 0.344 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
France (%) | 3.743 Sep 2024 | quarterly | Mar 1950 - Sep 2024 |
Georgia (%) | 12.367 Jun 2024 | quarterly | Mar 1997 - Jun 2024 |
Germany (%) | 2.535 Sep 2024 | quarterly | Mar 1961 - Sep 2024 |
Ghana (%) | 29.025 Jun 2024 | quarterly | Mar 2007 - Jun 2024 |
Greece (%) | 5.123 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Hong Kong SAR, China (%) | 6.069 Sep 2024 | quarterly | Mar 1974 - Sep 2024 |
Hungary (%) | 9.654 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Iceland (%) | 4.332 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
India (%) | 9.666 Jun 2024 | quarterly | Jun 1997 - Jun 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 (%) | 4.321 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Italy (%) | 1.999 Jun 2024 | quarterly | Mar 1981 - Jun 2024 |
Ivory Coast (%) | 681.695 Mar 2023 | quarterly | Mar 1998 - Mar 2023 |
Japan (%) | 2.798 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 (%) | 7.226 Jun 2024 | quarterly | Mar 1961 - Jun 2024 |
Kosovo (%) | 6.081 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
Kuwait (%) | 3.246 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
Kyrgyzstan (%) | 18.207 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Laos (%) | 23.128 2023 | yearly | 1985 - 2023 |
Latvia (%) | 2.096 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Lebanon (%) | 19.333 2020 | yearly | 1998 - 2020 |
Lithuania (%) | 6.888 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Luxembourg (%) | 2.967 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Macau SAR, China (%) | 6.202 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
North Macedonia (%) | 7.276 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
Malawi (%) | 10.386 2021 | yearly | 2003 - 2021 |
Malaysia (%) | 5.933 Sep 2024 | quarterly | Mar 1992 - Sep 2024 |
Malta (%) | 7.622 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
Mauritius (%) | 14.332 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Mexico (%) | 6.070 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
Moldova (%) | 4.985 Jun 2024 | quarterly | Mar 1996 - Jun 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 (%) | 6.265 Sep 2024 | quarterly | Mar 1989 - Sep 2024 |
New Zealand (%) | 3.165 Jun 2024 | quarterly | Jun 1988 - Jun 2024 |
Nigeria (%) | 16.939 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
Norway (%) | 4.266 Jun 2024 | quarterly | Mar 1979 - Jun 2024 |
Oman (%) | 4.546 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
Pakistan (%) | 26.432 2024 | yearly | 2001 - 2024 |
Palestinian Territory (%) | -34.320 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
Panama (%) | 3.631 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
Paraguay (%) | 8.679 Jun 2024 | quarterly | Mar 1995 - Jun 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 (%) | -10.389 Dec 2023 | quarterly | Mar 2012 - Dec 2023 |
Romania (%) | 12.512 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Russia (%) | 19.527 Mar 2024 | quarterly | Mar 1994 - Mar 2024 |
Saudi Arabia (%) | 4.510 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
Serbia (%) | 9.510 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Singapore (%) | 7.799 Jun 2024 | quarterly | Mar 1976 - Jun 2024 |
Slovakia (%) | 7.535 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Slovenia (%) | 3.950 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
South Africa (%) | 5.079 Jun 2024 | quarterly | Mar 1961 - Jun 2024 |
Spain (%) | 6.688 Sep 2024 | quarterly | Mar 1971 - Sep 2024 |
Sri Lanka (%) | 8.448 Mar 2024 | quarterly | Mar 2003 - Mar 2024 |
Sudan (%) | 103.797 2020 | yearly | 1961 - 2020 |
Sweden (%) | 4.356 Jun 2024 | quarterly | Mar 1981 - Jun 2024 |
Switzerland (%) | 4.113 Dec 2022 | quarterly | Mar 1981 - Dec 2022 |
Syria (%) | 113.698 2022 | yearly | 1971 - 2022 |
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Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -1.8 Jun 2024 | quarterly | Jun 2003 - Jun 2024 |
Consolidated Fiscal Balance (USD mn) | -4,711.083 Jun 2024 | quarterly | Sep 2002 - Jun 2024 |
Tax Revenue (USD mn) | 149,474.073 Jun 2024 | quarterly | Sep 2002 - Jun 2024 |
Tax Revenue: % of GDP (%) | 33.5 Jun 2024 | quarterly | Sep 2002 - Jun 2024 |
National Government Debt (USD mn) | 650,929.8 2023 | yearly | 1999 - 2023 |
Government Debt: % of GDP (%) | 38.1 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) | 3,119.6 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
Total Exports (USD mn) | 27,639.9 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
Total Exports Growth (%) | -10.2 Sep 2024 | monthly | Jul 1972 - Sep 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) | 24,520.3 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
Total Imports Growth (%) | -7.8 Sep 2024 | monthly | Jul 1972 - Sep 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) | 1,338.429 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Total Imports from USA (USD mn) | 2,739.142 Sep 2024 | monthly | Apr 1969 - Sep 2024 |
Total Exports to China (USD mn) | 9,515.235 Sep 2024 | monthly | Apr 1969 - Sep 2024 |
Total Imports from China (USD mn) | 6,346.875 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Trade Balance: Goods (AUD mn) | 4,234.000 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
Trade Balance: sa: Goods (AUD mn) | 4,609.000 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
Terms of Trade Index: sa (2021-2022=100) | 91.300 Jun 2024 | quarterly | Sep 1959 - Jun 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: Commodities and Transactions (CT): nec (AUD mn) | 3,399.000 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: SITC: Value: FOB: Mineral Fuels, Lubricants and Related Materials (MF) (AUD mn) | 12,890.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: SITC: Value: FOB: Food & Live Animals (FL) (AUD mn) | 4,190.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: Value: Coal, whether or not Pulverized, but not Agglomerated (AUD mn) | 6,674.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: Value: FOB: Korea, Republic of (AUD mn) | 2,914.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: Value: FOB: Japan (AUD mn) | 5,301.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: Value: FOB: China (excl SARs and Taiwan) (AUD mn) | 14,055.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: Value: FOB: United States of America (AUD mn) | 1,977.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: Value: FOB: India (AUD mn) | 2,156.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Terms of Trade Index (2016-2017=100) | 106.800 Dec 2018 | quarterly | Sep 1959 - Dec 2018 |
Import: SITC: Value: Commodities and Transactions (CT): nec (AUD mn) | 1,120.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: SITC: Value: Manufactured Goods Classified Chiefly By Material (MG) (AUD mn) | 3,472.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: SITC: Value: Food & Live Animals (FL) (AUD mn) | 1,923.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: SITC: Value: Crude Materials, Inedible, Except Fuels (CM) (AUD mn) | 424.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: SITC: Value: Mineral Fuels, Lubricants and Related Materials (MF) (AUD mn) | 4,146.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: Value: Germany (AUD mn) | 1,496.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: Value: United States of America (AUD mn) | 4,046.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: Value: Japan (AUD mn) | 1,819.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: Value: Singapore (AUD mn) | 1,011.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: Value: China (AUD mn) | 9,375.000 Sep 2024 | monthly | Jan 1988 - Sep 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 Jun 2024 | quarterly | Jun 2004 - Jun 2024 |
Household Debt: % of GDP (%) | 116.6 Mar 2023 | quarterly | Jun 1988 - Mar 2023 |
Non-Performing Loans (USD mn) | 30,395.707 Jun 2024 | quarterly | Sep 1994 - Jun 2024 |
Money Supply M1 (USD mn) | 1,184,678.756 Sep 2024 | monthly | Feb 1975 - Sep 2024 |
Money Supply M2 (USD mn) | 2,132,379.740 Sep 2024 | monthly | Mar 1965 - Sep 2024 |
M2 Growth (%) | 5.4 Sep 2024 | monthly | Mar 1966 - Sep 2024 |
Foreign Exchange Reserves (USD mn) | 38,916.8 Oct 2024 | monthly | Jul 1969 - Oct 2024 |
Foreign Exchange Reserves: % of GDP (%) | 2.128 Jun 2024 | quarterly | Sep 1969 - Jun 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 1.5 May 2023 | monthly | Jul 1971 - May 2023 |
Gold Reserves (USD mn) | 6,999.985 Oct 2024 | monthly | Jan 1958 - Oct 2024 |
Total Deposits (USD mn) | 2,614,643.998 Mar 2023 | quarterly | Sep 2004 - Mar 2023 |
Total Deposits Growth (%) | 3.8 Jun 2024 | quarterly | Sep 2005 - Jun 2024 |
Domestic Credit (USD mn) | 3,928,501.8 Sep 2024 | monthly | Dec 2001 - Sep 2024 |
Domestic Credit Growth (%) | -1.1 Sep 2024 | monthly | Dec 2002 - Sep 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) | 1,953.455 Dec 2023 | quarterly | Dec 1977 - Dec 2023 |
Credit to Private Non-Financial Sector (USD bn) | 3,023.117 Dec 2023 | quarterly | Mar 1971 - Dec 2023 |
Household Debt (USD mn) | 2,107,060.2 Jun 2024 | quarterly | Jun 1988 - Jun 2024 |
Total Loans (USD mn) | 2,554,892.630 Sep 2024 | monthly | Sep 1976 - Sep 2024 |
Total Loans Growth (%) | 6.36 Sep 2024 | monthly | Sep 1977 - Sep 2024 |
Private Debt: % of Nominal GDP (%) | 124.85 Jun 2024 | quarterly | Mar 1990 - Jun 2024 |
Money Supply: M3 (AUD bn) | 3,075.429 Sep 2024 | monthly | Jul 1959 - Sep 2024 |
Money Supply: sa: M1 (AUD bn) | 1,708.507 Sep 2024 | monthly | Feb 1975 - Sep 2024 |
Money Supply: sa: M3 (AUD bn) | 3,075.252 Sep 2024 | monthly | Mar 1965 - Sep 2024 |
Official Reserve Assets: Total: in USD (USD mn) | 65,018.000 Oct 2024 | monthly | Jul 1969 - Oct 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 (%) | 0.111 Oct 2024 | monthly | Jan 1985 - Oct 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 |
Industrial Trends Survey: Composite Index: sa: Expected (Index) | 53.000 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
More Indicators for Australia
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