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Australia GDP per Capita PPP

Australia's GDP per capita PPP fell to $60,082.01 in 2024, down from $60,461.16 in 2023, according to World Bank. This represents a decrease of 0.6% (379.15) from the previous year. Australia has GDP per capita PPP higher than the global median (60,082.01 vs median 17,953.85). Compared with the median in Oceania, Australia is higher (60,082.01 vs regional median 6,985.22) and ranks 1st out of 14 countries in Oceania.

Australia's GDP rose to $1.75 trillion in 2024, up from $1.73 trillion in 2023.

Yearly Historical Data (1990-2024)

(in International Dollars)
Year GDP per Capita PPP
2024 60,082.01
2023 60,461.16
2022 59,883.65
2021 58,182.34
2020 57,059.74
2019 57,837.06
2018 57,450.38
2017 56,684.65
2016 56,341.52
2015 55,691.7
2014 55,288.12
2013 54,699.35
2012 54,237.59
2011 53,112.53
2010 52,589.82
2009 52,254.32
2008 52,351.59
2007 51,562.09
2006 50,602.35
2005 49,914.51
2004 48,980.89
2003 47,500.84
2002 46,609.74
2001 45,338.68
2000 45,013.01
1999 43,813
1998 42,174.54
1997 40,699.12
1996 39,592.54
1995 38,585.17
1994 37,557.84
1993 36,469.67
1992 35,364.43
1991 35,610.08
1990 36,205.27
Australia GDP per Capita PPP : Definition
GDP per Capita PPP measures total economic output per person in Australia, adjusted for differences in cost of living, using 2021 international dollars.
Indicator Last Value Prior Value Period
GDP $1.75T $1.73T 2024
GDP Annual Growth Rate 1.43% 3.44% 2024
GDP Growth Rate (QoQ) 0.6% 0.3% Jun'25
GDP Growth Rate (YoY) 1.8% 1.4% Jun'25
GDP per Capita $61,211.9 $61,598.18 2024
R&D Expenditure (% GDP) 1.86% 1.83% 2021
Real GDP $1.67T $1.64T 2024