According to the latest statistics released by the World Bank in 2024, among the countries in Oceania in 2001, Australia ranked first in terms of gross domestic product(GDP), with a total economic volume of $379.08 billion; New Zealand ranked second in terms of GDP, with a total economic volume of $53.87 billion; New Caledonia ranked third in terms of GDP, with a total economic volume of $3.3 billion; Papua New Guinea ranked fourth in terms of GDP, with a total economy of $3.08 billion; and Fiji, with a total economy of $1.65 billion, ranked fifth in GDP.
| Rank | Country | GDP |
|---|---|---|
| 1 | Australia | $379.08 billion |
| 2 | New Zealand | $53.87 billion |
| 3 | New Caledonia | $3.3 billion |
| 4 | Papua New Guinea | $3.08 billion |
| 5 | Fiji | $1.65 billion |
| 6 | Salomonen | $0.41 billion |
| 7 | Samoa | $0.27 billion |
| 8 | Vanuatu | $0.26 billion |
| 9 | Micronesia | $0.24 billion |
| 10 | Tonga | $0.18 billion |
| 11 | Palau | $0.16 billion |
| 12 | Marshall Islands | $0.12 billion |
| 13 | Kiribati | $0.06 billion |
| 14 | Tuvalu | $0.01 billion |