Key data points
Last release
—
Observation period
Q3 2025
Next release
—
Forecast
—
Highest
687.76 B AUD on Sep 30, 2025
Lowest
78.68 B AUD on Sep 30, 1959
About Australia real GDP
Related indicators
Frequently Asked Questions
Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
Last quarter Australia real GDP was 687.76 B AUD, and the quarter before it reached 685.08 B AUD.