Australia GDP in 1989

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Data from the World Bank and China Bureau of Statistics.

Unit ( Billions of US dollars )
GDP Share of World GDP
$299.77 billion 1.4844%
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According to the latest statistics released by the World Bank in 2024, Australia's GDP in 1989 was $299.77 billion, an increase of 26.98% over 1988, and GDP accounted for 1.4844% of the world economy. In 1989, Australia's GDP ranked 13th in the world and 1st in Oceania.