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Australia Full Year GDP Growth

GDP
Australia
Source: Australia Full Year GDP Growth, released on Dec 31 by Australian Bureau of Statistics
1.50%
Overview
Current Value
1.50%
Average Value (10 years)
2.31%
Statistical Analysis
Current Status
Normal
Historical Average
2.31%
Long-term mean
Historical Data
DateValueChange
12-31-20231.50%-1.60%
12-31-20223.10%-1.20%
12-31-20214.30%+2.20%
12-31-20202.10%+2.40%
12-31-2019-0.30%-2.50%
Forecast & Analysis

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Next Period Forecast
1.50%
3-Month Outlook
Moderate Growth
Based on economic models
12-Month Outlook
Stable
Long-term projection

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Key Information
Current Value1.50%
Average Value (10 years)2.31%

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Economic data last updated May 18, 2025