Australia GDP in 2016

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Data from the World Bank and China Bureau of Statistics.

Unit ( Billions of US dollars )
GDP Share of World GDP
$1206.69 billion 1.5781%
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According to the latest statistics released by the World Bank in 2024, Australia's GDP in 2016 was $1206.69 billion, an increase of -10.65% over 2015, and GDP accounted for 1.5781% of the world economy. In 2016, Australia's GDP ranked 15th in the world and 1st in Oceania.

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