Australia GDP Annual Growth Rate 1960-2017 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Australia expanded 2.80 percent in the third quarter of 2017 over the same quarter of the previous year. GDP Annual Growth Rate in Australia averaged 3.47 percent from 1960 until 2017, reaching an all time high of 9 percent in the first quarter of 1967 and a record low of -3.40 percent in the second quarter of 1983.

Australia GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-06-07 01:30 AM GDP Growth Rate YoY 1.7% 2.4% 1.5% 1.9%
2017-09-06 01:30 AM GDP Growth Rate YoY 1.8% 1.7% 1.8% 1.8%
2017-12-06 12:30 AM GDP Growth Rate YoY 2.8% 1.9% 3% 2.8%
2018-03-07 12:30 AM GDP Growth Rate YoY 2.8%
2018-06-06 01:30 AM GDP Growth Rate YoY
2018-09-05 01:30 AM GDP Growth Rate YoY


Australia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.60 0.90 4.40 -2.00 percent [+]
GDP Annual Growth Rate 2.80 1.90 9.00 -3.40 percent [+]
GDP 1204.62 1345.38 1567.18 18.59 USD Billion [+]
GDP Constant Prices 430724.00 428171.00 430724.00 60242.00 AUD Million [+]
Gross National Product 431914.00 419432.00 431914.00 55132.00 AUD Million [+]
Gross Fixed Capital Formation 108233.00 106317.00 115671.00 9904.00 AUD Million [+]
GDP per capita 55670.90 54941.90 55670.90 19178.10 USD [+]
GDP per capita PPP 44414.00 43832.40 44414.00 27896.90 USD [+]
GDP From Agriculture 11238.00 11720.00 12085.00 3635.00 AUD Million [+]
GDP From Construction 31936.00 31749.00 34341.00 8061.00 AUD Million [+]
GDP From Manufacturing 25437.00 25049.00 29213.00 15598.00 AUD Million [+]
GDP From Mining 25732.00 25447.00 27251.00 4490.00 AUD Million [+]
GDP From Public Administration 23403.00 23317.00 23403.00 7406.00 AUD Million [+]
GDP From Utilities 10518.00 10723.00 10872.00 3808.00 AUD Million [+]


Australia GDP Annual Growth Rate

Australia's economy is dominated by the service sector (65 percent of total GDP). Yet its economic success in recent years has been based on the mining (13.5 percent of GDP) and agriculture (2 percent of GDP) as the country is a major exporter of commodities. Other sectors include: manufacturing (11 percent) and construction (9.5 percent). . This page provides - Australia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.80 1.90 9.00 -3.40 1960 - 2017 percent Quarterly
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GDP annual growth rate by Country
Country Last
Turkey 11.10 Sep/17
China 6.80 Sep/17
India 6.30 Sep/17
Indonesia 5.06 Sep/17
South Korea 3.80 Sep/17
Spain 3.10 Sep/17
Canada 3.00 Sep/17
Netherlands 3.00 Sep/17
Australia 2.80 Sep/17
Germany 2.80 Sep/17
Euro Area 2.60 Sep/17
United States 2.30 Sep/17
France 2.20 Sep/17
Japan 2.10 Sep/17
Russia 1.80 Sep/17
Italy 1.70 Sep/17
Mexico 1.50 Sep/17
United Kingdom 1.50 Sep/17
Brazil 1.40 Sep/17
Switzerland 1.20 Sep/17