Australia GDP in 1988

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Data from the World Bank and China Bureau of Statistics.

Unit ( Billions of US dollars )
GDP Share of World GDP
$236.07 billion 1.2207%
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According to the latest statistics released by the World Bank in 2024, Australia's GDP in 1988 was $236.07 billion, an increase of 24.64% over 1987, and GDP accounted for 1.2207% of the world economy. In 1988, Australia's GDP ranked 15th in the world and 1st in Oceania.