Economy of Australia
GDP, industries, trade data, and economic indicators
GDP
$1,675,420M
USD (nominal)
GDP per Capita
$64,490
USD per person
GDP Growth
+3.7%
Annual rate
HDI Score
0.951
Rank #4 worldwide
Unemployment
3.5%
Of labor force
Inflation
6.6%
Consumer prices
GDP per Capita Comparison
Australia
$64,490
United States (reference)
$76,330
Australia's GDP per capita is 84.5% of the US level.
Major Industries
Mining
Finance
Agriculture
Tourism
Education
International Trade
Top Exports
- 1 Iron Ore
- 2 Coal
- 3 Natural Gas
- 4 Gold
- 5 Beef
Top Imports
- 1 Vehicles
- 2 Machinery
- 3 Electronics
- 4 Petroleum
- 5 Pharmaceuticals
Top Trade Partners
Currency
Australian Dollar
Currency code: AUD
Human Development Index (HDI)
#4
World Ranking
HDI Score: 0.951
Very High Development
0.0
0.55
0.70
0.80
1.0
Frequently Asked Questions
What is the GDP of Australia?
The GDP of Australia is approximately $1,675,420 million USD.
What are the major industries in Australia?
The major industries in Australia include Mining, Finance, Agriculture, Tourism, Education.
What currency does Australia use?
Australia uses the Australian Dollar (AUD).
What is the unemployment rate in Australia?
The unemployment rate in Australia is approximately 3.5%.
What does Australia export?
Australia's top exports include Iron Ore, Coal, Natural Gas, Gold, Beef.