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Australia GDP by year, 1960 to 2025

Australia's GDP reached $1.80 trillion in 2025 and the country has ranked 15th in the world in 1980, 2000 and 2025.

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What the data shows

  • Australia: $0.02T in 1960, $1.80T in 2025 (95× higher).
  • South Korea: $0.00T in 1960, $1.87T in 2025. It peaked at $1.94T in 2021.
  • Mexico: $0.01T in 1960, $1.83T in 2025.
  • Türkiye: $0.01T in 1960, $1.60T in 2025.

About this chart

Few economies hold their place as steadily as Australia's. It ranked 15th in the world in 1980, 15th in 2000 and 15th again in 2025, even as GDP grew from $150 billion to $417 billion to about $1.80 trillion. The 2025 figure is the highest in the series. The largest setbacks were a 12 percent fall in 2009 and an 11 percent fall in 2016.

Among the three economies nearest to it in size, Australia stays ahead of Türkiye ($1.60 trillion) throughout the data but trails South Korea ($1.87 trillion) and Mexico ($1.83 trillion) at the end. It passed South Korea in 2011 and fell behind in 2014, and it overtook Mexico in 2010 before Mexico regained the lead in 2023. All values are nominal current US dollars, so exchange rates matter.

The data

Source: World Bank, World Development Indicators (NY.GDP.MKTP.CD), GDP in current US$, trillions. Retrieved November 4, 2026.

Australia's GDP, GDP in current US$ trillions, 1960 to 2025, 1960–2025
Date🇦🇺 Australia🇰🇷 South Korea🇲🇽 Mexico🇹🇷 Türkiye
1960$0.02T$0.00T$0.01T$0.01T
1961$0.02T$0.00T$0.01T$0.01T
1962$0.02T$0.00T$0.02T$0.01T
1963$0.02T$0.00T$0.02T$0.01T
1964$0.02T$0.00T$0.02T$0.01T
1965$0.03T$0.00T$0.02T$0.01T
1966$0.03T$0.00T$0.02T$0.01T
1967$0.03T$0.01T$0.03T$0.02T
1968$0.03T$0.01T$0.03T$0.02T
1969$0.04T$0.01T$0.03T$0.02T
1970$0.04T$0.01T$0.04T$0.02T
1971$0.05T$0.01T$0.04T$0.02T
1972$0.05T$0.01T$0.05T$0.02T
1973$0.06T$0.01T$0.06T$0.03T
1974$0.09T$0.02T$0.07T$0.04T
1975$0.10T$0.02T$0.09T$0.05T
1976$0.11T$0.03T$0.09T$0.05T
1977$0.11T$0.04T$0.08T$0.06T
1978$0.12T$0.05T$0.10T$0.07T
1979$0.14T$0.07T$0.14T$0.09T
1980$0.15T$0.07T$0.21T$0.07T
1981$0.18T$0.07T$0.26T$0.07T
1982$0.19T$0.08T$0.19T$0.06T
1983$0.18T$0.09T$0.16T$0.06T
1984$0.19T$0.10T$0.18T$0.06T
1985$0.18T$0.10T$0.20T$0.07T
1986$0.18T$0.12T$0.14T$0.08T
1987$0.19T$0.15T$0.15T$0.09T
1988$0.24T$0.21T$0.18T$0.09T
1989$0.30T$0.25T$0.22T$0.11T
1990$0.31T$0.29T$0.26T$0.15T
1991$0.33T$0.34T$0.31T$0.15T
1992$0.33T$0.37T$0.36T$0.16T
1993$0.31T$0.41T$0.53T$0.18T
1994$0.32T$0.48T$0.55T$0.13T
1995$0.37T$0.59T$0.38T$0.24T
1996$0.40T$0.63T$0.43T$0.25T
1997$0.44T$0.59T$0.52T$0.26T
1998$0.40T$0.40T$0.56T$0.28T
1999$0.39T$0.52T$0.63T$0.26T
2000$0.42T$0.60T$0.74T$0.28T
2001$0.38T$0.57T$0.80T$0.20T
2002$0.40T$0.65T$0.81T$0.24T
2003$0.47T$0.73T$0.77T$0.32T
2004$0.62T$0.82T$0.82T$0.41T
2005$0.70T$0.97T$0.92T$0.51T
2006$0.75T$1.10T$1.02T$0.56T
2007$0.86T$1.22T$1.10T$0.69T
2008$1.06T$1.09T$1.16T$0.78T
2009$0.93T$0.98T$0.94T$0.65T
2010$1.15T$1.19T$1.11T$0.78T
2011$1.40T$1.31T$1.23T$0.84T
2012$1.55T$1.34T$1.26T$0.89T
2013$1.58T$1.44T$1.33T$0.96T
2014$1.48T$1.56T$1.37T$0.94T
2015$1.36T$1.54T$1.21T$0.87T
2016$1.21T$1.58T$1.11T$0.87T
2017$1.33T$1.71T$1.19T$0.86T
2018$1.43T$1.82T$1.26T$0.79T
2019$1.40T$1.75T$1.30T$0.78T
2020$1.33T$1.74T$1.12T$0.73T
2021$1.56T$1.94T$1.32T$0.84T
2022$1.70T$1.80T$1.47T$0.93T
2023$1.73T$1.85T$1.79T$1.14T
2024$1.76T$1.88T$1.83T$1.36T
2025$1.80T$1.87T$1.83T$1.60T

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Frequently asked questions

What is Australia's GDP?

Australia's GDP was about $1.80 trillion in 2025, according to the World Bank, in current US dollars. That ranks 15th in the world, the same position the country held in 1980 and 2000.

How has Australia's GDP changed over time?

Australia's GDP grew from $150 billion in 1980 to $417 billion in 2000 and $1.15 trillion in 2010. It reached about $1.80 trillion in 2025. Dips of 12 percent in 2009 and 11 percent in 2016 interrupted the climb.

Which economies are closest to Australia's in size?

In 2025 the nearest were South Korea at $1.87 trillion, Mexico at $1.83 trillion and Türkiye at $1.60 trillion. Australia sat between Mexico and Türkiye.

Where does this data come from?

World Bank, World Development Indicators (NY.GDP.MKTP.CD), GDP in current US$, trillions. Retrieved November 4, 2026. You can download the full table as a CSV from this page.

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