GDP PPP (Current USD) rose 4.95% to USD 1,384 bil in Australia in 2019

GDP PPP (Current USD) (USD bil)
Economy | Australia | January 01, 2020
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GDP in USD PPP terms reached 1,384 USD bil in 2019 in Australia, according to the National Statistical Office. This is 4.95 % more than in the previous year.

Historically, GDP in USD PPP terms in Australia reached an all time high of 1,384 USD bil in 2019 and an all time low of 156 USD bil in 1980. When compared to Australia's main peers, GDP in USD PPP terms in Indonesia amounted to 3,753 USD bil, 1,068 USD bil in Malaysia, 210 USD bil in New Zealand and 32.4 USD bil in Papua New Guinea in 2019.

Australia has been ranked 23rd within the group of 174 countries we follow in terms of GDP in USD PPP terms, 1 places behind the position seen 10 years ago.

GDP based on purchasing power parity is the gross domestic product converted to international dollars using purchasing power parity rates.

GDP PPP (Current USD) Unit 2015 2016 2017 2018 2019 2020 2021 2022 2023
Australia USD bil 1,215 1,319 1,384 1,448 1,514
Cambodia USD bil 64.3 70.3 76.6 83.2 90.0
Indonesia USD bil 3,250 3,496 3,753 4,023 4,314
Malaysia USD bil 933 1,000 1,068 1,141 1,218
New Zealand USD bil 195 199 210 220 231
Papua New Guinea USD bil 34.7 30.6 32.4 34.0 35.9
Philippines USD bil 877 956 1,041 1,131 1,230
Singapore USD bil 528 556 583 610 638
Thailand USD bil 1,236 1,323 1,404 1,483 1,564
Vietnam USD bil 649 708 770 835 906