Australia—GDP, PPP (Billions Intl $)
Category: EconomySource: IMF World Economic OutlookGlobal Rank: #21 of 192
Latest Value
$2.14T
2027
YoY Change
+3.9%
2026 → 2027
Global Rank
#21
of 192 countries
Maximum
$2.14T
2027
Minimum
$543.72B
2000
CAGR
+5.2%
28 years
Last
$2.14T
Previous
$2.06T
Highest
$2.14T
Lowest
$543.72B
Unit
Billions of international dollars
Source
IMF World Economic Outlook
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2027 | $2.14T | +3.9% |
| 2026 | $2.06T | +4.0% |
| 2025 | $1.98T | +4.3% |
| 2024 | $1.90T | +3.5% |
| 2023 | $1.84T | +5.8% |
| 2022 | $1.73T | +11.5% |
| 2021 | $1.55T | +12.7% |
| 2020 | $1.38T | +1.0% |
| 2019 | $1.37T | +6.0% |
| 2018 | $1.29T | +5.7% |
| 2017 | $1.22T | +4.2% |
| 2016 | $1.17T | +3.7% |
| 2015 | $1.13T | +3.3% |
| 2014 | $1.09T | +4.4% |
| 2013 | $1.05T | +4.0% |
| 2012 | $1.01T | +5.7% |
| 2011 | $952.40B | +4.9% |
| 2010 | $907.86B | +3.7% |
| 2009 | $875.77B | +2.6% |
| 2008 | $853.64B | +4.6% |
| 2007 | $816.33B | +7.2% |
| 2006 | $761.74B | +5.8% |
| 2005 | $720.09B | +6.3% |
| 2004 | $677.66B | +6.9% |
| 2003 | $633.85B | +5.0% |
| 2002 | $603.38B | +5.8% |
| 2001 | $570.42B | +4.9% |
| 2000 | $543.72B |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | $2.06T | +4.0% |
| 2027Forecast | $2.14T | +3.9% |
Top Countries — GDP, PPP (Billions Intl $)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | China | $43.49T | 2026 |
| 2 | United States | $31.82T | 2026 |
| 3 | India | $19.14T | 2026 |
| 4 | Russian Federation | $7.34T | 2026 |
| 5 | Japan | $6.92T | 2026 |
| 6 | Germany | $6.32T | 2026 |
| 7 | Indonesia | $5.36T | 2026 |
| 8 | Brazil | $5.16T | 2026 |
| 9 | France | $4.66T | 2026 |
| 10 | United Kingdom | $4.59T | 2026 |
About This Indicator
Definition
GDP based on purchasing power parity (PPP). Adjusts GDP to account for price differences across countries, providing a more accurate comparison of economic size and living standards.
Methodology
Uses PPP exchange rates from the International Comparison Program (ICP) to convert GDP to a common currency. PPP rates equalize the purchasing power of different currencies by accounting for the cost of a standard basket of goods.
Unit
Billions of international dollars