What was GDP in 2016?
$18,695,100 million
The GDP figure in 2016 was $18,695,100 million, United States is the world’s leading economy with regard to GDP, as can be seen in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in United States rose $489,100 million with respect to 2015.
What was Australia’s GDP 2019 20?
6.1
2020-21 key figures
| 2016-17 | 2019-20 | |
|---|---|---|
| GDP | 6.1 | 1.8 |
| Saving and wealth | ||
| Household saving ratio (%) | 5.4 | 12.3 |
| National net saving ($ billions) | 73.3 | 127.3 |
What is Australia’s real GDP 2021?
1370.00 USD Billion
GDP in Australia is expected to reach 1370.00 USD Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia GDP is projected to trend around 1450.00 USD Billion in 2022 and 1550.00 USD Billion in 2023, according to our econometric models.
What has the GDP been since 2016?
U.S. gdp growth rate for 2018 was 3.00%, a 0.66% increase from 2017. U.S. gdp growth rate for 2017 was 2.33%, a 0.62% increase from 2016….U.S. GDP Growth Rate 1961-2021.
| U.S. GDP Growth Rate – Historical Data | ||
|---|---|---|
| Year | GDP Growth (%) | Annual Change |
| 2016 | 1.71% | -1.36% |
| 2015 | 3.08% | 0.55% |
| 2014 | 2.53% | 0.68% |
What was the GDP of 2017?
$19,479,600 million
GDP grows 2.3% in United States The GDP figure in 2017 was $19,479,600 million, United States is the world’s leading economy with regard to GDP, as can be seen in the ranking of GDP of the 196 countries that we publish.
What is the GDP of Australia now?
about 1.36 trillion US dollars
In 2020, GDP in Australia amounted to about 1.36 trillion US dollars.
How much GDP does Australia have?
Australia has the tenth-highest total estimated value of natural resources, valued at US$19.9 trillion in 2019….Economy of Australia.
| Statistics | |
|---|---|
| Population | 25,499,884 (2020) |
| GDP | US$1.7 trillion (nominal, 2021 est.) US$1.6 trillion (PPP, 2021) |
| GDP rank | 12th (nominal, 2021) 19th (PPP, 2021) |
What was the GDP of Australia in 2019?
The Gross Domestic Product (GDP) in Australia was worth 1392.70 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Australia represents 1.16 percent of the world economy. source: World Bank
What was the GDP of Australia in 1960?
Australia GDP The Gross Domestic Product (GDP) in Australia was worth 1323.42 billion US dollars in 2017. The GDP value of Australia represents 2.13 percent of the world economy. GDP in Australia averaged 417.40 USD Billion from 1960 until 2017, reaching an all time high of 1573.70 USD Billion in 2013 and a record low of 18.60 USD Billion in 1960.
How big is the economy of Australia in dollars?
Australia’s GDP stands at about USD 1.22 trillion. It has decreased slightly compared to the previous year. The country recently faced a number of growth constraints, after two decades of continuous growth and a strong and stable financial system. As a result its GDP real growth rate has decreased to 2.5% annually (2.7% in 2014).
What was the GDP growth rate in Australia in 2010?
Australia’s economic performance improved in the following years, with GDP growth averaging 2.7% from 2010 to 2013. Structure of Australian Gross Domestic Product