Oceania · AUD · Reserve Bank of Australia

🇦🇺Australia

Australia’s $1.8T economy grew 2.0% in 2025; the IMF projects 1.9% for 2026. Inflation is 3.9% (Jun 2026) against a 4.60% policy rate.

#14 GDP worldwide#1 in OceaniaPolicy stance HikingCompare all economies
🇦🇺
$1.8T

GDP in 2025, current US dollars · #14 of 56 tracked economies

2.0%

Real GDP growth in 2025; IMF projects 1.9% for 2026

3.9%

Consumer-price inflation, year on year, Jun 2026

4.60%

Reserve Bank of Australia policy rate, +100 bp over 12 months

Unemployment · 2025
4.2%
0.2 ppvs 2024
Government debt
51.9%
1 ppof GDP, vs last year
Current account
-2.6%
Deficit · % of GDP
Population
27.7M
GDP per capita $66.4K
Scorecard

Australia among 56 tracked economies

Marker = percentile. Right is better where a better direction exists; for population and rates, right is higher.

  • GDP
    $1.8T#14/56
  • Growth
    2.0%#35/56
  • Per capita
    $66.4K#8/56
  • Inflation
    3.9%#22/56
  • Jobless
    4.2%#31/50
  • Debt/GDP
    51.9%#36/56
  • Budget
    -2.9%#26/56
  • Curr. acct
    -2.6%#46/56
  • Policy rate
    4.60%#13/45
  • Population
    27.7M#35/56
Peers

Growth across Oceania

Real GDP growth, 2025

Sources: IMF World Economic Outlook (annual, projections from 2026) · BIS policy rates, CPI & FX (monthly, through Sep 2026) · World Bank WDI (trade, sectors, FDI, urbanisation)