Australia GDP in 1974

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Data from the World Bank and China Bureau of Statistics.

Unit ( Billions of US dollars )
GDP Share of World GDP
$88.98 billion 1.658%
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According to the latest statistics released by the World Bank in 2024, Australia's GDP in 1974 was $88.98 billion, an increase of 39.37% over 1973, and GDP accounted for 1.658% of the world economy. In 1974, Australia's GDP ranked 13th in the world and 1st in Oceania.