Australia 2019
Detailed economic analysis and indicators for 2019
Key Economic Indicators (2019)
GDP (Current USD)
$1.39 trillion
↓ 2.46% vs 2018GDP per Capita
$54,972.70
↓ 3.89% vs 2018GDP Growth (Annual %)
2.17%
↓ 0.71pp vs 2018Inflation Rate (CPI %)
1.61%
↓ 0.30pp vs 2018Year-over-Year Comparison
| Indicator | 2018 | 2019 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.43 trillion | $1.39 trillion | -2.46% |
| GDP per Capita | $57,196.42 | $54,972.70 | -3.89% |
| GDP Growth (Annual %) | 2.88% | 2.17% | -0.71pp |
| Inflation (CPI %) | 1.91% | 1.61% | -0.30pp |
| Unemployment Rate (%) | 5.30% | 5.16% | -0.14pp |
All Economic Indicators (2019)
National Accounts
- GDP (Current USD)
- $1.39 trillion
- GDP per Capita
- $54,972.70
- GDP Growth (Annual %)
- 2.17%
- Gross National Income
- $1.35 trillion
Prices & Employment
- Inflation (CPI %)
- 1.61%
- Inflation (GDP Deflator %)
- 3.47%
- Unemployment Rate (%)
- 5.16%
- Interest Rate (Real %)
- 1.58%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -0.02%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2019, Australia's Gross Domestic Product (GDP) is $1.39 trillion. This represents the total value of goods and services produced in the country.
The GDP per capita in Australia for 2019 is $54,972.70. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Australia for 2019 is 1.61%. This measures the annual percentage change in the cost of consumer goods and services.
Australia's annual GDP growth rate for 2019 is 2.17%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Australia for 2019 is 5.16%. This represents the percentage of the labor force that is unemployed and actively seeking employment.