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Australia GDP Growth

1.4%as of 2024

Australia's gdp growth stands at 1.4% as of 2024. The indicator has increased from null% in 2014 to 1.4% in 2024. Source: World Bank WDI.

Historical trend (20142024)

GDP Growth — Year by Year

YearValueChange
2014%
20152.2%
20162.8%+0.6pp
20172.3%-0.5pp
20182.9%+0.6pp
20192.2%-0.7pp
2020-0.1%-2.3pp
20212%+2.1pp
20224.3%+2.3pp
20233.6%-0.7pp
20241.4%-2.2pp
Source: World Bank WDI. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.

Other indicators for Australia

Inflation (CPI)
3.2%
Unemployment
3.9%
Debt / GDP
50.6%
Investment / GDP
24.3%
Fiscal Balance
-2.3% GDP