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Australia GDP Annual Growth Rate
Last Release
Dec 31, 2022
Actual
2.7
Units In
%
Previous
5.9
Frequency
Quarterly
Next Release
Dec 04, 2024
Time to Release
2 Months 27 Days 21 Hours
Highest | Lowest | Average | Date Range | Source |
9.5 Jun 2021 | -6 Jun 2020 | 3.37 % | 1960-2022 | Australian Bureau of Statistics |
Australia's economy is dominated by the service sector (65 percent of total GDP). Yet its economic success in recent years has been based on the mining (13.5 percent of GDP) and agriculture (2 percent of GDP) as the country is a major exporter of commodities. Other sectors include: manufacturing (11 percent) and construction (9.5 percent).
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Australia GDP Annual Growth Rate History
Last 12 readings
