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Economy Snapshot

Australia Economy and Trade

CanberraLocal time

GDP $1.80T · real growth +1.4% · 2025

In Australia's economy dashboard, nominal GDP is $1.80T for 2025, while the real-growth observation is +1.4% for 2025. GDP per capita is $65,130 for 2025, and CPI inflation is +2.9% for 2025. Reference years remain attached to each series so readers can compare the figures without treating differently dated measures as one snapshot.

Nominal GDP
$1.80T
current US$ · calendar 2025
World Bank
GDP per capita
$65,130
current US$ · calendar 2025
World Bank
Real GDP growth
+1.4%
annual % · calendar 2025
World Bank
Inflation
+2.9%
CPI annual % · 2025
Source listed below

Australia at a Glance

Key measures keep their own definitions and reference years so unlike concepts are not silently combined.

Output trend

Nominal GDP · annual observations · current US$ · World Bank
201520172019202120232025$1.36T$1.80T
2015: $1.36T2016: $1.21T2017: $1.33T2018: $1.43T2019: $1.40T2020: $1.33T2021: $1.56T2022: $1.70T2023: $1.73T2024: $1.76T2025: $1.80T
GDP per capita$65,130
Real growth+1.4%
Reference year2025
2025 Inflation
+2.9%
CPI annual %
2025 Unemployment
4.1%
labor-market measure
Calendar 2025 GDP per capita
$65,130
current US$

Economic structure, Government debt and Merchandise trade

Sector shares use their latest available World Bank year. They are not forced into a single year when the source does not support that.

Economic structure

Latest available value-added shares
SECTORS
Services · 202567.5%
Industry · 202425.5%
Agriculture · 20252.3%

Different reference years are shown explicitly. The shares are not added together as though they came from the same period.

Government debt

Comparable debt figure only when source check passes
DEBT
50.6%of GDP

General government gross debt, 2026 IMF forecast.

Merchandise trade

WTO / UN Comtrade · 2025 · USD
TRADE
Exports$333.6Bmerchandise · 2025
Imports$308.7Bmerchandise · 2025
Balance$24.87Bsame definition and year
Largest export destination in the WTO profile
China30.5%

Merchandise trade is kept separate from broader goods-and-services measures.

Exports
$333.6B
Imports
$308.7B
Understand the numbers

What Australia's economic profile is telling you

Australia remained a roughly $1.8 trillion economy in 2025, with GDP per capita above $65,000. Real GDP growth was 1.4%, inflation was 2.9%, and modeled unemployment was 4.1%.

Australia ran a merchandise trade surplus in 2025. China received 30.5% of exports, and iron ore, coal, liquefied natural gas and gold remained prominent in the goods export basket.

The main economic signal

The profile is that of a high-income, services-led economy whose external goods position is strongly supported by large commodity exports.

Why the definitions matter

Nominal GDP, real growth, CPI inflation, unemployment, sector value added, government debt and merchandise trade measure different things. This page keeps their units, years and sources visible instead of blending them into one synthetic score.

Detailed Economic Data

The same values are provided in the data table below.

IndicatorAustraliaReference periodStatus
GDPcurrent US$, market prices$1.80TCalendar 2025Actual
GDP per capitacurrent US$$65,130Calendar 2025Actual
Real GDP growthannual %+1.4%Calendar 2025Actual
InflationCPI, annual %+2.9%2025Actual
Unemploymentmodeled ILO estimate4.1%2025Estimate
Services value added% of GDP67.5%2025Latest available
Industry value addedincluding construction, % of GDP25.5%2024Latest available
Agriculture value addedforestry and fishing included, % of GDP2.3%2025Latest available
Merchandise exportsUSD$333.6B2025Actual
Merchandise importsUSD$308.7B2025Actual
Government debtgeneral government gross debt, % GDP50.6%2026IMF forecast

Frequently Asked Questions

What is Australia's GDP?

Australia's nominal GDP was about $1.80T in 2025 in current US dollars according to the World Bank.

Is Australia's economy growing?

World Bank annual data show real GDP growth of +1.4% in 2025.

What is Australia's inflation rate?

The latest World Bank annual CPI reading used here is +2.9% for 2025.

What does the trade balance show for Australia?

Merchandise exports were $333.6B and imports were $308.7B in 2025, giving a same-definition balance of $24.87B.

Sources & methodology

Sources for the economic indicators and definitions shown above.

View sources used for this page
WTO Tariff and Trade Data

Matched-year merchandise exports and imports from the WTO economy profile.

International Monetary Fund

General government gross debt, with the page preserving the IMF reference year and estimate or forecast status.

Each metric keeps its own definition and reference period; unavailable comparable values remain unfilled.