Australia Annual GDP Growth Table
Source: WorldbankGrowth | Growth Capita
In 2024, Australia experienced a significant a decrease in its GDP growth rate, which fall to 1.373% from 3.584% in 2023. Additionally, the GDP per capita growth rate in Australia decrease to -0.628% in 2024, compared to 1.093% in 2023.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | 2.481% | 2.48% | 0.462% | 0.46% |
| 1962 | 1.297% | -1.18% | -1.145% | -1.61% |
| 1963 | 6.214% | 4.92% | 4.197% | 5.34% |
| 1964 | 6.978% | 0.76% | 4.899% | 0.70% |
| 1965 | 5.978% | -1.00% | 3.921% | -0.98% |
| 1966 | 2.381% | -3.60% | 0.07% | -3.85% |
| 1967 | 6.307% | 3.93% | 4.973% | 4.90% |
| 1968 | 5.095% | -1.21% | 3.257% | -1.72% |
| 1969 | 7.048% | 1.95% | 4.83% | 1.57% |
| 1970 | 7.175% | 0.13% | 5.084% | 0.25% |
| 1971 | 4.001% | -3.17% | 0.544% | -4.54% |
| 1972 | 3.907% | -0.09% | 2.014% | 1.47% |
| 1973 | 2.619% | -1.29% | 1.062% | -0.95% |
| 1974 | 4.107% | 1.49% | 1.505% | 0.44% |
| 1975 | 1.339% | -2.77% | 0.099% | -1.41% |
| 1976 | 2.588% | 1.25% | 1.564% | 1.47% |
| 1977 | 3.592% | 1.00% | 2.432% | 0.87% |
| 1978 | 0.895% | -2.70% | -0.271% | -2.70% |
| 1979 | 4.052% | 3.16% | 2.933% | 3.20% |
| 1980 | 3.035% | -1.02% | 1.786% | -1.15% |
| 1981 | 3.342% | 0.31% | 1.741% | -0.04% |
| 1982 | 3.329% | -0.01% | 1.553% | -0.19% |
| 1983 | -2.226% | -5.56% | -3.555% | -5.11% |
| 1984 | 4.564% | 6.79% | 3.317% | 6.87% |
| 1985 | 5.282% | 0.72% | 3.889% | 0.57% |
| 1986 | 3.97% | -1.31% | 2.477% | -1.41% |
| 1987 | 2.557% | -1.41% | 1.009% | -1.47% |
| 1988 | 5.761% | 3.20% | 4.045% | 3.04% |
| 1989 | 3.879% | -1.88% | 2.135% | -1.91% |
| 1990 | 3.573% | -0.31% | 2.051% | -0.08% |
| 1991 | -0.385% | -3.96% | -1.646% | -3.70% |
| 1992 | 0.433% | 0.82% | -0.685% | 0.96% |
| 1993 | 4.046% | 3.61% | 3.124% | 3.81% |
| 1994 | 3.979% | -0.07% | 2.982% | -0.14% |
| 1995 | 3.89% | -0.09% | 2.74% | -0.24% |
| 1996 | 3.866% | -0.02% | 2.613% | -0.13% |
| 1997 | 3.918% | 0.05% | 2.8% | 0.19% |
| 1998 | 4.677% | 0.76% | 3.639% | 0.84% |
| 1999 | 5.028% | 0.35% | 3.885% | 0.25% |
| 2000 | 3.916% | -1.11% | 2.734% | -1.15% |
| 2001 | 2.031% | -1.89% | 0.73% | -2.00% |
| 2002 | 3.95% | 1.92% | 2.774% | 2.04% |
| 2003 | 3.091% | -0.86% | 1.912% | -0.86% |
| 2004 | 4.219% | 1.13% | 3.111% | 1.20% |
| 2005 | 3.155% | -1.06% | 1.907% | -1.20% |
| 2006 | 2.771% | -0.38% | 1.393% | -0.51% |
| 2007 | 3.789% | 1.02% | 1.912% | 0.52% |
| 2008 | 3.624% | -0.17% | 1.568% | -0.34% |
| 2009 | 1.955% | -1.67% | -0.125% | -1.69% |
| 2010 | 2.21% | 0.26% | 0.632% | 0.76% |
| 2011 | 2.395% | 0.19% | 0.982% | 0.35% |
| 2012 | 3.952% | 1.56% | 2.153% | 1.17% |
| 2013 | 2.654% | -1.30% | 0.903% | -1.25% |
| 2014 | 2.601% | -0.05% | 1.082% | 0.18% |
| 2015 | 2.164% | -0.44% | 0.705% | -0.38% |
| 2016 | 2.756% | 0.59% | 1.163% | 0.46% |
| 2017 | 2.293% | -0.46% | 0.623% | -0.54% |
| 2018 | 2.874% | 0.58% | 1.347% | 0.72% |
| 2019 | 2.194% | -0.68% | 0.695% | -0.65% |
| 2020 | -0.134% | -2.33% | -1.358% | -2.05% |
| 2021 | 2.007% | 2.14% | 1.863% | 3.22% |
| 2022 | 4.253% | 2.25% | 2.918% | 1.06% |
| 2023 | 3.584% | -0.67% | 1.093% | -1.83% |
| 2024 | 1.373% | -2.21% | -0.628% | -1.72% |