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Australia GDP growth: latest figures and trend

Is the economy growing?

Yes. In 2025, real GDP in Australia grew 1.35%. That is slower than 1.37% in 2024.

The latest gdp growth for Australia is 1.35% (2025), according to World Bank. The table below lists every value we have collected, newest first.

Latest value1.35% Reference period: 2025

Previous (2024): 1.37% · -0.02 percentage points

World Bank · Sources · Last checked with the source

Australia: GDP growthAustralia: 2016 2.76%, 2017 2.29%, 2018 2.87%, 2019 2.19%, 2020 -0.13%, 2021 2.01%, 2022 4.25%, 2023 3.58%, 2024 1.37%, 2025 1.35% Australia: GDP growth % · 2016–2025 -0.13%2.06%4.25%Australia 2016: 2.76%Australia 2017: 2.29%Australia 2018: 2.87%Australia 2019: 2.19%Australia 2020: -0.13%Australia 2021: 2.01%Australia 2022: 4.25%Australia 2023: 3.58%Australia 2024: 1.37%Australia 2025: 1.35%1.35%201620212025 Source: World Bank, World Development Indicators (CC BY 4.0) https://vernumo.com/en-au/data/gdp-growth
Source: World Bank, World Development Indicators (CC BY 4.0)
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About this indicator

Official series
GDP growth (annual %)
Unit
%
Frequency
Annual
Sources
Source: World Bank, World Development Indicators (CC BY 4.0) — license
All collected values, newest first
PeriodValueSources
20251.35%World Bank
20241.37%World Bank
20233.58%World Bank
20224.25%World Bank
20212.01%World Bank
2020-0.13%World Bank
20192.19%World Bank
20182.87%World Bank
20172.29%World Bank
20162.76%World Bank

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