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Macro

Australia

East Asia & Pacific · High income · IMF WEO April 2026 · World Bank WDI

GDP▲ 2.3%
Current prices2025
1,840USD bn
GDP per capita▲ 1.0%
Current prices2025
66,352USD
Real GDP growth▲ 1.0 pp
Annual change2025
2.0%
Inflation▼ 0.3 pp
Average consumer prices2025
2.9%
Unemployment▲ 0.2 pp
Rate2025
4.2%
Government debt▲ 0.4 pp
General government, gross2025
51.0% of GDP
Current account▼ 0.4 pp
Balance2025
-2.6% of GDP
Population▲ 1.3%
Total2025
27.73million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-2.00.05.41995: 3.0%1996: 4.0%1997: 4.7%1998: 4.7%1999: 4.4%2000: 3.1%2001: 2.6%2002: 4.1%2003: 3.0%2004: 4.1%2005: 3.0%2006: 2.6%2007: 4.4%2008: 2.7%2009: 2.0%2010: 2.4%2011: 2.8%2012: 3.9%2013: 2.2%2014: 2.6%2015: 2.3%2016: 2.7%2017: 2.4%2018: 2.8%2019: 2.0%2020: -2.0%2021: 5.4%2022: 4.2%2023: 2.1%2024: 1.0%2025: 2.0%2026: 2.0% (IMF projection)2027: 1.7% (IMF projection)2028: 1.9% (IMF projection)2029: 2.1% (IMF projection)2030: 2.3% (IMF projection)2031: 2.3% (IMF projection)IMF projection19952000200520102015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
0.06.61995: 4.6%1996: 2.7%1997: 0.2%1998: 0.9%1999: 1.4%2000: 4.5%2001: 4.4%2002: 3.0%2003: 2.7%2004: 2.3%2005: 2.7%2006: 3.6%2007: 2.4%2008: 4.3%2009: 1.8%2010: 2.9%2011: 3.4%2012: 1.7%2013: 2.5%2014: 2.5%2015: 1.5%2016: 1.3%2017: 2.0%2018: 1.9%2019: 1.6%2020: 0.9%2021: 2.8%2022: 6.6%2023: 5.6%2024: 3.2%2025: 2.9%2026: 4.0% (IMF projection)2027: 3.2% (IMF projection)2028: 2.6% (IMF projection)2029: 2.5% (IMF projection)2030: 2.5% (IMF projection)2031: 2.4% (IMF projection)IMF projection19952000200520102015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %5.44.22.11.02.02.01.71.92.12.3
Inflation, average consumer prices %2.86.65.63.22.94.03.22.62.52.5
Unemployment rate %5.13.73.74.04.24.24.34.44.44.5
GDP, current prices USD bn1,6601,7311,7481,7991,8402,1242,2112,2932,3812,484
GDP per capita, current prices USD64,41165,77664,85165,70166,35275,64877,82379,73681,81084,348
GDP per capita, PPP Int. USD60,47866,10468,36169,64772,13274,75576,77278,53780,61182,951
General government gross debt % of GDP55.450.049.450.651.050.650.750.550.249.7
General government net lending/borrowing % of GDP-6.4-2.2-1.3-2.3-2.8-2.4-2.1-1.9-1.7-1.5
Current account balance % of GDP2.30.3-0.4-2.2-2.6-2.3-2.2-2.3-2.3-2.4
Population million25.7726.3226.9627.3927.7328.0828.4128.7529.1029.45

Government debt, % of GDP

General government gross debt
0.056.92000: 19%2001: 17%2002: 15%2003: 13%2004: 12%2005: 11%2006: 10%2007: 10%2008: 12%2009: 17%2010: 20%2011: 24%2012: 27%2013: 30%2014: 34%2015: 38%2016: 40%2017: 41%2018: 42%2019: 47%2020: 57%2021: 55%2022: 50%2023: 49%2024: 51%2025: 51%2026: 51% (IMF projection)2027: 51% (IMF projection)2028: 51% (IMF projection)2029: 50% (IMF projection)2030: 50% (IMF projection)2031: 49% (IMF projection)IMF projection2000200520102015202020252030

Current account, % of GDP

Balance of payments
-6.70.02.32000: -4.0%2001: -2.3%2002: -3.8%2003: -5.3%2004: -6.3%2005: -6.0%2006: -5.9%2007: -6.7%2008: -4.9%2009: -4.5%2010: -3.7%2011: -3.0%2012: -4.4%2013: -3.4%2014: -3.1%2015: -4.7%2016: -3.5%2017: -2.9%2018: -2.6%2019: -0.1%2020: 1.6%2021: 2.3%2022: 0.3%2023: -0.4%2024: -2.2%2025: -2.6%2026: -2.3% (IMF projection)2027: -2.2% (IMF projection)2028: -2.3% (IMF projection)2029: -2.3% (IMF projection)2030: -2.4% (IMF projection)2031: -2.4% (IMF projection)IMF projection2000200520102015202020252030

Economic structure

Value added by sector, % of GDP · World Bank
AgricultureManufacturingOther industryServices
YearStructureAgricultureIndustryManufacturingServices
19953.026.513.062.4
20052.924.510.264.4
20152.423.76.267.2
20252.323.95.367.5

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method64,120USD2025+5.5%
GNI, Atlas method1,771USD bn2025+22.3%
Exports of goods and services23.2% of GDP2025+3.3 pp
Imports of goods and services22.7% of GDP2025+1.1 pp
Life expectancy at birth83.1years2024+0.9%
Urban population87.7% of total2025+0.8 pp

Australia on the platform

Market data for this country

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)