Output Gap (As % of Potential GDP) in Australia

Output gap as a percentage of potential gdp reached 0.636% in 2023 in Australia, according to the National Statistical Office. This is 25.2% less than in the previous year.

Historically, output gap as a percentage of potential GDP in Australia reached an all time high of 1.72% in 1989 and an all time low of -4.78% in 1983.