Gdp Growth 2024 Australia Graph. Gross domestic product (gdp) rose 0.2%, the eleventh consecutive quarter of growth. Gdp is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not.
Annual percentage growth rate of gdp at market prices based on constant local currency. Australia gdp for 2021 was $1,559.03b, a 17.19% increase from 2020.