Australia GDP in 1970

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Data from the World Bank and China Bureau of Statistics.

Unit ( Billions of US dollars )
GDP Share of World GDP
$41.34 billion 1.3794%
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According to the latest statistics released by the World Bank in 2024, Australia's GDP in 1970 was $41.34 billion, an increase of 12.68% over 1969, and GDP accounted for 1.3794% of the world economy. In 1970, Australia's GDP ranked 12th in the world and 1st in Oceania.