Australia GDP YoYAustralia GDP YoYAustralia GDP YoY

Australia GDP YoY

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Key data points

Last release
Observation period
Q4 2023
Next release
Forecast
1.20%
Highest
10.60% on Jun 30, 2021
Lowest
−6.10% on Jun 30, 2020

About Australia GDP YoY

Category
GDP
Frequency
Quarterly
Units
%
Australia's economy is dominated by the service sector (65 percent of total GDP). Yet its economic success in recent years has been based on the mining (13.5 percent of GDP) and agriculture (2 percent of GDP) as the country is a major exporter of commodities. Other sectors include: manufacturing (11 percent) and construction (9.5 percent).