GDP

Australia

Australia — GDP (PPP)

AU desk: Australia first; New Zealand, United States, United Kingdom, euro area, Korea and Taiwan alongside.

$1.99 trillion

+$25.23 billion (+1.3%)

As of 2025 | current international $

Latest
$1.99 trillion 2025
Previous year
$1.96 trillion 2024
Min
$296.69 billion 1990
Max
$1.99 trillion 2025
YearValue
2025$1.99 trillion
2024$1.96 trillion
2023$1.93 trillion
2022$1.72 trillion
2021$1.50 trillion
2020$1.39 trillion
2019$1.34 trillion
2018$1.26 trillion
2017$1.19 trillion
2016$1.15 trillion
2015$1.11 trillion
2014$1.11 trillion
2013$1.07 trillion
2012$977.70 billion
2011$941.69 billion
2010$870.35 billion
2009$877.09 billion
2008$799.31 billion
2007$764.54 billion
2006$713.54 billion
2005$667.65 billion
2004$634.15 billion
2003$594.92 billion
2002$566.92 billion
#CountryGDP (PPP)ChangeYear
1China$41.26 trillion+$3.02 trillion (+7.9%)2025
2United States$30.77 trillion+$1.47 trillion (+5.0%)20253Euro area$24.20 trillion+$613.81 billion (+2.6%)2025
6Japan$6.84 trillion+$123.17 billion (+1.8%)2025
10United Kingdom$4.49 trillion+$135.73 billion (+3.1%)202515Korea, Rep.$3.26 trillion+$103.11 billion (+3.3%)202522Australia$1.99 trillion+$25.23 billion (+1.3%)202535Singapore$998.28 billion+$73.67 billion (+8.0%)202571New Zealand$305.37 billion+$10.22 billion (+3.5%)2025

What GDP at PPP is

GDP at purchasing-power parity values output using a common set of international prices, so a dollar of GDP buys roughly the same basket everywhere. World Bank NY.GDP.MKTP.PP.CD. Latest: $1.99 trillion in 2025.

PPP is the usual ranking when the question is “how large is the economy in real volume?”, not “how large is it at today’s exchange rate?”. From 1990 to 2025 (36 years): latest $1.99 trillion (2025), previous year $1.96 trillion (2024); low $296.69 billion (1990), high $1.99 trillion (2025).

Source: World Bank Open Data. Licence: CC BY 4.0 (terms).