eFDeFinidata
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East Asia & Pacific

Australia GDP per Capita

Gross Domestic Product divided by midyear population, in current US dollars.

Latest Value

$64,603.986

As of 2024

YoY Change

-0.7%

2023 → 2024

Record High

$68,476.679

Recorded in 2013

Record Low

$1,813.431

Recorded in 1960

10-Year Average

$58,135.152

2015–2024

Data Range

1960–2024

65 data points

Source

World Bank

Code: NY.GDP.PCAP.CD

Historical Trend

19602024

Analysis

Australia's GDP per Capita of 64,604 current US$ in 2024 indicates a strong economy. This performance is supported by the country's highly developed financial system, skilled workforce and significant natural resources. Australia's GDP per Capita is among the highest in the world, reflecting its high standard of living.

Historical Data

ValueYoY ChangeChange %
2024$64,603.986$454.392-0.7%
2023$65,058.377$111.142-0.2%
2022$65,169.519$4,410.615+7.3%
2021$60,758.904$8,775.452+16.9%
2020$51,983.452$3,211.306-5.8%
2019$55,194.759$2,215.415-3.9%
2018$57,410.174$3,292.626+6.1%
2017$54,117.548$4,033.104+8.1%
2016$50,084.444$6,885.917-12.1%
2015$56,970.361$5,846.845-9.3%

Source: World Bank Open Data · 1960–2024