Australia

GDP growth in Australia

GDP growth in Australia: 2.9% a year in 1980 and 2% a year in 2025, by IMF estimates.

Latest, 2025
2% a year
Since 1980
−0.9 percentage points
Rank, 2025
103 of 143
counting from the highest
Projected, 2031
2.2% a year
IMF projection (World Economic Outlook, October 2026)

% a year · IMF

GDP growth in AustraliaGDP growth in Australia: 2.9% a year in 1980 and 2% a year in 2025, by IMF estimates. The IMF projection (World Economic Outlook, October 2026) puts it at 2.2% a year in 2031.
Estimates, IMFIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • The IMF projection (World Economic Outlook, October 2026) puts it at 2.2% a year in 2031.
  • The highest was 6.3% a year in 1984, the lowest -2% a year in 2020.

Every year

% a year · IMF

YearAustralia
20252
20241
20232.1
20224.2
20215.4
2020-2
20192
20182.8
20172.4
20162.7
20152.3
20142.6
20132.2
20123.9
20112.8
20102.4
20092
20082.7
20074.4
20062.6
20053
20044.1
20033
20024.1
20012.6
20003.1
19994.4
19984.7
19974.7
19964
19953
19944.9
19933.9
19922.6
1991-1
19901.5
19894.6
19884.3
19874.9
19862.4
19855.5
19846.3
1983-0.5
19820.1
19814.1
19802.9
IMF projection (World Economic Outlook, October 2026) · 2026–2031
YearAustralia
20261.9
20271.6
20281.8
20292
20302.1
20312.2

Good to know

  • How much the economy grew or shrank in a year, after inflation.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
  • Ranks count the 143 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

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