Australia — GDP (PPP)
GDP (PPP) for Australia, 1990–2025.
GDP (PPP) for Australia was 1.99 trillion in 2025, according to the latest World Bank data. The series covers 36 years, from 1990 to 2025. The latest year is also the highest value on record for this series. The lowest was 296.69 billion in 1990 (about 6.7× the low point). Across that span the compound annual growth rate works out to 5.58% per year.
Australia ranks 20 of 201 economies on this measure (1 = highest), putting it in the top 10%. The median for East Asia & Pacific is 81.75 billion, so Australia sits above it. Over the last decade (2015–2025) the figure moved up 80%. Within East Asia & Pacific it ranks 5 of 31 economies; Thailand (1.88 trillion) is just below it. Its sharpest one-year move was up 15% in 2022. That is 32% above this series' own ten-year average.
Data highlights
From its 1990 level: doubled by 2003. Doubling roughly every 13 years at that pace.
Key figures
Full history — 1990 to 2025
| Year | current international $ | Change |
|---|---|---|
| 2025 | 1,986,426,180,337.58 | +1.3% |
| 2024 | 1,961,194,326,932.44 | +1.8% |
| 2023 | 1,926,784,790,365.08 | +12.0% |
| 2022 | 1,719,920,190,001.38 | +14.8% |
| 2021 | 1,498,163,677,059.36 | +7.8% |
| 2020 | 1,389,782,994,669.37 | +3.7% |
| 2019 | 1,339,853,335,919.13 | +6.6% |
| 2018 | 1,257,430,105,896.14 | +5.3% |
| 2017 | 1,194,334,822,507.21 | +4.1% |
| 2016 | 1,147,766,860,944.62 | +3.7% |
| 2015 | 1,106,600,366,019.74 | +0.1% |
| 2014 | 1,105,906,481,907.95 | +3.7% |
| 2013 | 1,066,749,681,955.16 | +9.1% |
| 2012 | 977,704,262,344.05 | +3.8% |
| 2011 | 941,694,925,125.01 | +8.2% |
| 2010 | 870,350,207,285.63 | -0.8% |
| 2009 | 877,090,906,570.65 | +9.7% |
| 2008 | 799,310,108,426.02 | +4.5% |
| 2007 | 764,543,805,901.33 | +7.1% |
| 2006 | 713,538,801,396.71 | +6.9% |
| 2005 | 667,645,762,326.09 | +5.3% |
| 2004 | 634,149,683,390.8 | +6.6% |
| 2003 | 594,920,232,985.35 | +4.9% |
| 2002 | 566,921,563,199.13 | +6.2% |
| 2001 | 533,673,271,158.65 | +5.5% |
| 2000 | 505,877,260,697.38 | +5.3% |
| 1999 | 480,293,766,143.65 | +5.8% |
| 1998 | 453,770,601,195.9 | +6.4% |
| 1997 | 426,343,322,558.77 | +5.7% |
| 1996 | 403,384,154,791.24 | +6.4% |
| 1995 | 378,995,834,548.07 | +5.5% |
| 1994 | 359,200,986,391 | +6.0% |
| 1993 | 338,947,046,000.54 | +6.2% |
| 1992 | 319,137,562,500.52 | +3.5% |
| 1991 | 308,330,911,527.99 | +3.9% |
| 1990 | 296,685,757,962.01 | — |
Frequently asked questions
What was Australia’s GDP (PPP) in 1991?
308,330,911,527.99 (1991). The full year-by-year table above lists every published year, most recent first.
Are Australia’s GDP (PPP) figures nominal or inflation-adjusted?
They are exactly as the World Bank publishes them — current international $ — with no inflation restatement and no PPP conversion. Years the source does not report are omitted rather than interpolated.
Is Australia’s GDP (PPP) growing or shrinking?
Between 1990 and 2025 the series was growing overall: +569.5% in total — about 5.6% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator NY.GDP.MKTP.PP.CD. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2025: 1,986,426,180,337.58; 2024: 1,961,194,326,932.44; 2023: 1,926,784,790,365.08; 2022: 1,719,920,190,001.38; 2021: 1,498,163,677,059.36. Earlier years are in the full-history table below.
Related data
NY.GDP.MKTP.PP.CD — GDP (PPP). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.