Real GDP, Australia
Real GDP was A$699.5 bn in Q2 2026, up 0.4% from Q1 2026 and up 2.1% from a year earlier. The figure is published by Australian Bureau of Statistics in Australian National Accounts (5206.0). The series starts in Q1 2006 and has 82 observations. Source: Australian Bureau of Statistics.
- On the previous reading (Q1 2026): up 0.4%, to A$699.5 bn
- On a year earlier (Q2 2025): up 2.1%
- Against the five-year average of A$668.5 bn: above
Sparklines: the last ten years; the amber dot marks the reading in the tile. Source: Australian Bureau of Statistics, Australian National Accounts (5206.0), 2026-06-30 (CC BY 4.0). Figures calculated by EconoMonitor are based on ABS data. EconoMonitor is not affiliated with or endorsed by the ABS.
Overview
Over the last five years the series ranged from A$616.4 bn (Q3 2021) to A$699.5 bn (Q2 2026). Since Q1 2006 the full range is A$424.2 bn (Q1 2006) to A$699.5 bn (Q2 2026).
Key facts
| Reading | Period | Value |
|---|---|---|
| Latest | Q2 2026 | A$699.5 bn |
| Previous | Q1 2026 | A$696.5 bn |
| A year earlier | Q2 2025 | A$684.8 bn |
| Five-year high | Q2 2026 | A$699.5 bn |
| Five-year low | Q3 2021 | A$616.4 bn |
| First observation | Q1 2006 | A$424.2 bn |
Unit: AUD (chain volume). Source: Australian Bureau of Statistics, Australian National Accounts (5206.0), 2026-06-30 (CC BY 4.0). Figures calculated by EconoMonitor are based on ABS data. EconoMonitor is not affiliated with or endorsed by the ABS.
How has it moved since Q1 2006?
Full history
- Real GDP A$699bn
Last five years
- Real GDP A$699bn
Latest readings
| Period | Value | Change from previous |
|---|---|---|
| Q3 2024 | A$673.9 bn | +0.3% |
| Q4 2024 | A$676.9 bn | +0.4% |
| Q1 2025 | A$679.5 bn | +0.4% |
| Q2 2025 | A$684.8 bn | +0.8% |
| Q3 2025 | A$688.3 bn | +0.5% |
| Q4 2025 | A$694.6 bn | +0.9% |
| Q1 2026 | A$696.5 bn | +0.3% |
| Q2 2026 | A$699.5 bn | +0.4% |
How does the latest reading compare?
The latest reading of A$699.5 bn in Q2 2026 is above its five-year average of A$668.5 bn and above its ten-year average of A$631.5 bn. It is higher than 100% of all 82 readings since Q1 2006. It has risen for 19 readings in a row up to Q2 2026. Over the last 12 readings, from Q3 2023 to Q2 2026, it averaged A$681.2 bn, with a high of A$699.5 bn in Q2 2026 and a low of A$668.4 bn in Q3 2023. In the last ten years the largest rise from one reading to the next was in Q4 2021, to A$639.1 bn from A$616.4 bn in Q3 2021, and the largest fall was in Q2 2020, to A$569.3 bn from A$610.8 bn in Q1 2020.
Among the last 9 complete years, the average was highest in 2025, at A$686.8 bn, and lowest in 2017, at A$579.0 bn.
The same measure elsewhere: C$2,524.1 bn in Canada (Q2 2026, Real GDP (expenditure-based)); £744.5 bn in the United Kingdom (Q2 2026, Real GDP). Definitions differ between countries; each page gives its own.
Year by year
| Year | Average | Low | High | Last reading | Readings |
|---|---|---|---|---|---|
| 2026 | A$698.0 bn | A$696.5 bn | A$699.5 bn | A$699.5 bn Q2 2026 | 2 |
| 2025 | A$686.8 bn | A$679.5 bn | A$694.6 bn | A$694.6 bn Q4 2025 | 4 |
| 2024 | A$673.4 bn | A$670.9 bn | A$676.9 bn | A$676.9 bn Q4 2024 | 4 |
| 2023 | A$666.7 bn | A$663.6 bn | A$668.6 bn | A$668.6 bn Q4 2023 | 4 |
| 2022 | A$652.7 bn | A$645.5 bn | A$659.9 bn | A$659.9 bn Q4 2022 | 4 |
| 2021 | A$626.4 bn | A$616.4 bn | A$639.1 bn | A$639.1 bn Q4 2021 | 4 |
| 2020 | A$594.5 bn | A$569.3 bn | A$610.8 bn | A$609.1 bn Q4 2020 | 4 |
| 2019 | A$606.9 bn | A$603.1 bn | A$611.7 bn | A$611.7 bn Q4 2019 | 4 |
| 2018 | A$595.2 bn | A$590.5 bn | A$598.4 bn | A$598.4 bn Q4 2018 | 4 |
| 2017 | A$579.0 bn | A$573.2 bn | A$584.3 bn | A$584.3 bn Q4 2017 | 4 |
Averages, lows and highs are calculated by EconoMonitor from the published readings. Source: Australian Bureau of Statistics, Australian National Accounts (5206.0), 2026-06-30 (CC BY 4.0). Figures calculated by EconoMonitor are based on ABS data. EconoMonitor is not affiliated with or endorsed by the ABS.
How is it measured?
Gross domestic product, chain volume measures, seasonally adjusted.
Real GDP is published quarterly by Australian Bureau of Statistics in its Australian National Accounts (5206.0) release. It is measured in AUD (chain volume) and is seasonally adjusted. EconoMonitor holds all 82 readings since Q1 2006 under the publisher's code ABS,ANA_AGG,1.0.0:M1.GPM.20.AUS.Q, keeps earlier values when the publisher revises them, and compares each release with the downloaded file before it is shown.
- Frequency: quarterly; seasonal adjustment: SA.
- Unit: AUD (chain volume).
- Release: Australian National Accounts (5206.0), published by Australian Bureau of Statistics.
- Source series code: ABS,ANA_AGG,1.0.0:M1.GPM.20.AUS.Q.
- Methodology: how EconoMonitor stores and checks this series.
Questions and sources
What is the latest reading of Real GDP?
A$699.5 bn in Q2 2026, as published by Australian Bureau of Statistics.
How often is it updated?
Quarterly, with each Australian National Accounts (5206.0) release. EconoMonitor reloads the series after each release and keeps earlier values when the publisher revises them.
Where can I check it?
At the publisher: Australian Bureau of Statistics Data API, series code ABS,ANA_AGG,1.0.0:M1.GPM.20.AUS.Q.
Definitions of the other measures quoted on this page: Real GDP (expenditure-based) (CA), Real GDP (UK). Source: Statistics Canada, table 36-10-0104-01, 2026-06-30. Reproduced and distributed on an "as is" basis with the permission of Statistics Canada. For our calculations: Adapted from Statistics Canada, table 36-10-0104-01, 2026-06-30. This does not constitute an endorsement by Statistics Canada of this product. Source: Office for National Statistics. Contains public sector information licensed under the Open Government Licence v3.0. EconoMonitor is not affiliated with or endorsed by the ONS.
Source: Australian Bureau of Statistics, Australian National Accounts (5206.0), 2026-06-30 (CC BY 4.0). Figures calculated by EconoMonitor are based on ABS data. EconoMonitor is not affiliated with or endorsed by the ABS. Checks for this release: Check A passed, Check B passed.
Data and analysis only, not financial advice. Data publishers do not endorse EconoMonitor. See the disclaimer and methodology.