Australia GDP in 2021

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Data from the World Bank and China Bureau of Statistics.

Unit ( Billions of US dollars )
GDP Share of World GDP
$1542.66 billion 1.6053%
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According to the latest statistics released by the World Bank in 2024, Australia's GDP in 2021 was $1542.66 billion, an increase of 16.18% over 2020, and GDP accounted for 1.6053% of the world economy. In 2021, Australia's GDP ranked 14th in the world and 1st in Oceania.