Australia 2021
Detailed economic analysis and indicators for 2021
Key Economic Indicators (2021)
GDP (Current USD)
$1.56 trillion
↑ 17.19% vs 2020GDP per Capita
$60,607.78
↑ 17.02% vs 2020GDP Growth (Annual %)
2.11%
↑ 2.23pp vs 2020Inflation Rate (CPI %)
2.86%
↑ 2.02pp vs 2020Year-over-Year Comparison
| Indicator | 2020 | 2021 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.33 trillion | $1.56 trillion | +17.19% |
| GDP per Capita | $51,791.54 | $60,607.78 | +17.02% |
| GDP Growth (Annual %) | -0.12% | 2.11% | +2.23pp |
| Inflation (CPI %) | 0.85% | 2.86% | +2.02pp |
| Unemployment Rate (%) | 6.46% | 5.12% | -1.34pp |
All Economic Indicators (2021)
National Accounts
- GDP (Current USD)
- $1.56 trillion
- GDP per Capita
- $60,607.78
- GDP Growth (Annual %)
- 2.11%
- Gross National Income
- $1.54 trillion
Prices & Employment
- Inflation (CPI %)
- 2.86%
- Inflation (GDP Deflator %)
- 3.08%
- Unemployment Rate (%)
- 5.12%
- Interest Rate (Real %)
- N/A
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)
- 2.61%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2021, Australia's Gross Domestic Product (GDP) is $1.56 trillion. This represents the total value of goods and services produced in the country.
The GDP per capita in Australia for 2021 is $60,607.78. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Australia for 2021 is 2.86%. This measures the annual percentage change in the cost of consumer goods and services.
Australia's annual GDP growth rate for 2021 is 2.11%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Australia for 2021 is 5.12%. This represents the percentage of the labor force that is unemployed and actively seeking employment.