Australia (2024)
25.5
% of GDP
-2pp YoY
YoY Change
-2pp
percentage points
Trend
down
Series length
35
years of data

Data

Year% of GDPYoY Change
202425.5-2pp
202327.5+0.1pp
202227.4+2pp
202125.4+0pp
202025.4+0.2pp
201925.3+1.2pp
201824.1+0.7pp
201723.5+1.1pp
201622.3-1.4pp
201523.7-1.9pp
201425.6+0.4pp
201325.2-1.2pp
201226.3-0.1pp
201126.5+1.4pp
201025.1-1.9pp
200927+1.5pp
200825.5-0.1pp
200725.6+0.1pp
200625.5+1pp
200524.5n/a

About this Dataset

Australia recorded 25.5 % of GDP in 2024. The most recent year-on-year change was -2.0pp. The historical series (1990–2024) shows a peak of 28.8 in 1990 and a trough of 22.3 in 2016.

Data sourced from World Bank Open Data API. Values use World Bank standardised methodology ensuring cross-country comparability.

The chart above shows the full historical trend; the table below lists annual values with year-on-year changes.

Frequently Asked Questions

This indicator tracks australia industry value added (% of gdp) in Australia, published by World Bank. Data covers 1990–2024 at annual frequency using harmonised methodology.
The most recent observation covers 2024. World Bank typically publishes this series with a lag of several months after the reference period. Data is updated annual.
The series peaked at 28.8 % of GDP in 1990 and reached its lowest recorded value of 22.3 in 2016. The latest reading of 25.5 in 2024 represents a year-on-year change of -2.0pp.