Share of World GDP: Australia
Australia's share of world gdp is currently 0.9% as of 2026. # Australia Share of World GDP Australia's share of global GDP stands at 0.
Current (2026)
0.9%
-0.8% y/y
Peak (1989)
1.2%
Low (2026)
0.9%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Share of World GDP — Australia
1980 — 2026
Share of World GDP — Australia
Analysis# Australia Share of World GDP
Australia's share of global GDP stands at 0.94% in 2026, matching its all-time low and representing a significant decline from its 1989 peak of 1.185%. This 18.3% contraction since 1980 reflects Australia's gradually diminishing role in the world economy, despite its status as a developed nation. The country's economic weight has compressed as emerging markets expanded and global GDP distribution shifted fundamentally over four decades.
The decline accelerated sharply after 2021, when Australia held 0.99% of world GDP. Between 2021 and 2026, the share fell by approximately 5%, suggesting weakening economic momentum relative to global growth. Projections indicate Australia's share will continue contracting unless domestic economic performance accelerates substantially beyond current trajectory forecasts.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 0.9% | -0.77% |
| 2029 | 0.9% | -0.87% |
| 2028 | 0.9% | -0.86% |
| 2027 | 0.9% | -1.06% |
| 2026 | 0.9% | -0.84% |
| 2025 | 0.9% | -1.25% |
| 2024 | 1.0% | -2.24% |
| 2023 | 1.0% | -1.31% |
| 2022 | 1.0% | +0.51% |
| 2021 | 1.0% | +0.71% |
| 2020 | 1.0% | +1.13% |
| 2019 | 1.0% | +0.10% |
| 2018 | 1.0% | -0.72% |
| 2017 | 1.0% | -1.31% |
| 2016 | 1.0% | -0.40% |
| 2015 | 1.0% | -0.90% |
| 2014 | 1.0% | -0.89% |
| 2013 | 1.0% | -1.07% |
| 2012 | 1.0% | +0.59% |
| 2011 | 1.0% | -0.97% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 1.0% | -2.65% |
| 2009 | 1.1% | +2.62% |
| 2008 | 1.0% | -0.19% |
| 2007 | 1.0% | -0.87% |
| 2006 | 1.0% | -2.35% |
| 2005 | 1.1% | -1.57% |
| 2004 | 1.1% | -1.01% |
| 2003 | 1.1% | -0.55% |
| 2002 | 1.1% | +1.29% |
| 2001 | 1.1% | +0.18% |
| 2000 | 1.1% | -1.90% |
| 1999 | 1.1% | +0.91% |
| 1998 | 1.1% | +1.96% |
| 1997 | 1.1% | +0.56% |
| 1996 | 1.1% | +0.19% |
| 1995 | 1.1% | -0.65% |
| 1994 | 1.1% | +1.90% |
| 1993 | 1.1% | +2.04% |
| 1992 | 1.0% | -7.86% |
| 1991 | 1.1% | -3.20% |
| 1990 | 1.2% | -2.45% |
| 1989 | 1.2% | +0.94% |
| 1988 | 1.2% | -0.09% |
| 1987 | 1.2% | +0.95% |
| 1986 | 1.2% | -0.77% |
| 1985 | 1.2% | +1.82% |
| 1984 | 1.2% | +1.77% |
| 1983 | 1.1% | -2.92% |
| 1982 | 1.2% | -0.51% |
| 1981 | 1.2% | +1.82% |
| 1980 | 1.2% | — |
Related Data
Other Metrics
For Australia
Compare Share of World GDP
Same metric, other countries
Demographics
People & population data