Australia GDP in 1971

Show Sources

Data from the World Bank and China Bureau of Statistics.

Unit ( Billions of US dollars )
GDP Share of World GDP
$45.22 billion 1.3661%
Data Compare

According to the latest statistics released by the World Bank in 2024, Australia's GDP in 1971 was $45.22 billion, an increase of 9.4% over 1970, and GDP accounted for 1.3661% of the world economy. In 1971, Australia's GDP ranked 13th in the world and 1st in Oceania.