In 2022, Australia witnessed an increase in its Nominal GDP, rising to 1,675.42 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 1,626.94 international billion dollars as per the World Bank's estimates. Relatedly, in the preceding year of 2021, Australia has Nominal GDP stood at 1,552.70 billion dollars, while the GDP based on PPP was 1,437.17 international billion dollars.
The net change in Australia's GDP (Nominal) in 2022 increased by 122.72 billion dollars(7.32%), and GDP (PPP) increased by 189.77 international billion dollars(11.66%).
Source: worldbank Nominal PPP| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | 18.61 | - | - | - | - | - |
| 1961 | 19.68 | 1.07 | 5.44 % | - | - | - |
| 1962 | 19.92 | 0.24 | 1.20 % | - | - | - |
| 1963 | 21.54 | 1.62 | 7.52 % | - | - | - |
| 1964 | 23.80 | 2.26 | 9.50 % | - | - | - |
| 1965 | 25.98 | 2.18 | 8.39 % | - | - | - |
| 1966 | 27.31 | 1.33 | 4.87 % | - | - | - |
| 1967 | 30.44 | 3.13 | 10.28 % | - | - | - |
| 1968 | 32.71 | 2.27 | 6.94 % | - | - | - |
| 1969 | 36.68 | 3.97 | 10.82 % | - | - | - |
| 1970 | 41.33 | 4.65 | 11.25 % | - | - | - |
| 1971 | 45.22 | 3.89 | 8.60 % | - | - | - |
| 1972 | 52.04 | 6.82 | 13.11 % | - | - | - |
| 1973 | 63.83 | 11.79 | 18.47 % | - | - | - |
| 1974 | 88.96 | 25.13 | 28.25 % | - | - | - |
| 1975 | 97.30 | 8.34 | 8.57 % | - | - | - |
| 1976 | 105.06 | 7.76 | 7.39 % | - | - | - |
| 1977 | 110.35 | 5.29 | 4.79 % | - | - | - |
| 1978 | 118.49 | 8.14 | 6.87 % | - | - | - |
| 1979 | 134.90 | 16.41 | 12.16 % | - | - | - |
| 1980 | 149.98 | 15.08 | 10.05 % | - | - | - |
| 1981 | 176.89 | 26.91 | 15.21 % | - | - | - |
| 1982 | 194.04 | 17.15 | 8.84 % | - | - | - |
| 1983 | 177.26 | -16.78 | -9.47 % | - | - | - |
| 1984 | 193.52 | 16.26 | 8.40 % | - | - | - |
| 1985 | 180.64 | -12.88 | -7.13 % | - | - | - |
| 1986 | 182.47 | 1.83 | 1.00 % | - | - | - |
| 1987 | 189.49 | 7.02 | 3.70 % | - | - | - |
| 1988 | 236.15 | 46.66 | 19.76 % | - | - | - |
| 1989 | 299.88 | 63.73 | 21.25 % | - | - | - |
| 1990 | 311.43 | 11.55 | 3.71 % | 296.62 | - | - |
| 1991 | 325.98 | 14.55 | 4.46 % | 308.28 | 11.66 | 3.78 % |
| 1992 | 325.53 | -0.45 | -0.14 % | 319.06 | 10.78 | 3.38 % |
| 1993 | 312.14 | -13.39 | -4.29 % | 338.88 | 19.82 | 5.85 % |
| 1994 | 322.81 | 10.67 | 3.31 % | 359.15 | 20.27 | 5.64 % |
| 1995 | 368.14 | 45.33 | 12.31 % | 378.77 | 19.62 | 5.18 % |
| 1996 | 401.31 | 33.17 | 8.27 % | 403.32 | 24.55 | 6.09 % |
| 1997 | 435.61 | 34.30 | 7.87 % | 426.00 | 22.68 | 5.32 % |
| 1998 | 399.66 | -35.95 | -9.00 % | 453.60 | 27.60 | 6.08 % |
| 1999 | 389.39 | -10.27 | -2.64 % | 479.11 | 25.51 | 5.32 % |
| 2000 | 415.85 | 26.46 | 6.36 % | 504.66 | 25.55 | 5.06 % |
| 2001 | 379.36 | -36.49 | -9.62 % | 532.48 | 27.82 | 5.22 % |
| 2002 | 395.57 | 16.21 | 4.10 % | 565.69 | 33.21 | 5.87 % |
| 2003 | 467.50 | 71.93 | 15.39 % | 593.72 | 28.03 | 4.72 % |
| 2004 | 614.33 | 146.83 | 23.90 % | 632.79 | 39.07 | 6.17 % |
| 2005 | 695.31 | 80.98 | 11.65 % | 666.20 | 33.41 | 5.02 % |
| 2006 | 747.91 | 52.60 | 7.03 % | 712.16 | 45.96 | 6.45 % |
| 2007 | 854.43 | 106.52 | 12.47 % | 762.89 | 50.73 | 6.65 % |
| 2008 | 1,055.69 | 201.26 | 19.06 % | 797.22 | 34.33 | 4.31 % |
| 2009 | 928.63 | -127.06 | -13.68 % | 874.32 | 77.10 | 8.82 % |
| 2010 | 1,148.57 | 219.94 | 19.15 % | 867.25 | -7.07 | -0.82 % |
| 2011 | 1,398.46 | 249.89 | 17.87 % | 938.69 | 71.44 | 7.61 % |
| 2012 | 1,546.95 | 148.49 | 9.60 % | 974.07 | 35.38 | 3.63 % |
| 2013 | 1,576.33 | 29.38 | 1.86 % | 1,061.76 | 87.69 | 8.26 % |
| 2014 | 1,467.59 | -108.74 | -7.41 % | 1,100.59 | 38.83 | 3.53 % |
| 2015 | 1,350.58 | -117.01 | -8.66 % | 1,101.52 | 0.93 | 0.08 % |
| 2016 | 1,206.56 | -144.02 | -11.94 % | 1,143.01 | 41.49 | 3.63 % |
| 2017 | 1,326.47 | 119.91 | 9.04 % | 1,190.37 | 47.36 | 3.98 % |
| 2018 | 1,428.27 | 101.80 | 7.13 % | 1,253.15 | 62.78 | 5.01 % |
| 2019 | 1,392.22 | -36.05 | -2.59 % | 1,315.39 | 62.24 | 4.73 % |
| 2020 | 1,326.94 | -65.28 | -4.92 % | 1,361.44 | 46.05 | 3.38 % |
| 2021 | 1,552.70 | 225.76 | 14.54 % | 1,437.17 | 75.73 | 5.27 % |
| 2022 | 1,675.42 | 122.72 | 7.32 % | 1,626.94 | 189.77 | 11.66 % |