Australia
Real GDP
Real GDP measures inflation-adjusted output. It is the cleaner read on how much an economy is actually producing through time because price changes are stripped out.
Real GDP - Australia
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The reading right now
As of January 2024, Real GDP for Australia stood at 1.7T. That is up 22.7B from the prior year. Over the trailing five years, the series has averaged 1.6T, ranging from a low of 1.5T in January 2020 to a high of 1.7T in January 2024. The current reading sits 180.2B above its trailing ten-year mean of 1.5T.
Computed from the observation series on this page. Numbers update when the underlying provider revises the data.