Australia GDP in 2020

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Data from the World Bank and China Bureau of Statistics.

Unit ( Billions of US dollars )
GDP Share of World GDP
$1327.84 billion 1.5639%
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According to the latest statistics released by the World Bank in 2024, Australia's GDP in 2020 was $1327.84 billion, an increase of -4.61% over 2019, and GDP accounted for 1.5639% of the world economy. In 2020, Australia's GDP ranked 14th in the world and 1st in Oceania.

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