Australia GDP in 1978

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Data from the World Bank and China Bureau of Statistics.

Unit ( Billions of US dollars )
GDP Share of World GDP
$118.54 billion 1.3695%
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According to the latest statistics released by the World Bank in 2024, Australia's GDP in 1978 was $118.54 billion, an increase of 7.38% over 1977, and GDP accounted for 1.3695% of the world economy. In 1978, Australia's GDP ranked 14th in the world and 1st in Oceania.