Australia—GDP, PPP (Intl $)
Australia's GDP (PPP) was $2.10T in 2026, ranking #21 out of 192 countries. This represents a +4.2% change from 2030. Over the past 27 years, the highest recorded value was $2.10T (2026) and the lowest was $544.97B (2000). The IMF WEO projects $2.54T by 2031. Data sourced from the IMF World Economic Outlook.
Historical Data
| Year | Value | Change |
|---|---|---|
| 2031 | $2.54T | +4.2% |
| 2030 | $2.44T | +4.1% |
| 2029 | $2.35T | +3.9% |
| 2028 | $2.26T | +3.5% |
| 2027 | $2.18T | +3.9% |
| 2026 | $2.10T | +4.9% |
| 2025 | $2.00T | +4.9% |
| 2024 | $1.91T | +3.5% |
| 2023 | $1.84T | +5.9% |
| 2022 | $1.74T | +11.6% |
| 2021 | $1.56T | +12.7% |
| 2020 | $1.38T | +0.8% |
| 2019 | $1.37T | +6.1% |
| 2018 | $1.29T | +5.7% |
| 2017 | $1.22T | +4.2% |
| 2016 | $1.17T | +3.7% |
| 2015 | $1.13T | +3.3% |
| 2014 | $1.10T | +4.3% |
| 2013 | $1.05T | +4.0% |
| 2012 | $1.01T | +5.8% |
| 2011 | $955.19B | +4.9% |
| 2010 | $910.83B | +3.7% |
| 2009 | $878.56B | +2.6% |
| 2008 | $856.24B | +4.6% |
| 2007 | $818.26B | +7.2% |
| 2006 | $763.41B | +5.8% |
| 2005 | $721.55B | +6.3% |
| 2004 | $678.97B | +6.9% |
| 2003 | $635.13B | +5.1% |
| 2002 | $604.59B | +5.8% |
| 2001 | $571.63B | +4.9% |
| 2000 | $544.97B |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | $2.10T | +4.9% |
| 2027Forecast | $2.18T | +3.9% |
| 2028Forecast | $2.26T | +3.5% |
| 2029Forecast | $2.35T | +3.9% |
| 2030Forecast | $2.44T | +4.1% |
| 2031Forecast | $2.54T | +4.2% |
Top Countries — GDP, PPP (Intl $)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | China | $44.30T | 2026 |
| 2 | United States | $32.38T | 2026 |
| 3 | India | $18.90T | 2026 |
| 4 | Russian Federation | $7.53T | 2026 |
| 5 | Japan | $7.26T | 2026 |
| 6 | Germany | $6.41T | 2026 |
| 7 | Indonesia | $5.45T | 2026 |
| 8 | Brazil | $5.23T | 2026 |
| 9 | France | $4.73T | 2026 |
| 10 | United Kingdom | $4.72T | 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
Current international dollars