Australia: Adjusted net national income per capita (current US$)

Key figures

What the numbers say

In 2021, Australia's adjusted net national income per capita (current US$) rose US$5,674 on 2020 (from US$40,036 to US$45,711).

Across the 30 yearly changes before that (1991 to 2020), the average change was +US$861.24 and a typical year strayed about US$3,464 from that (the standard deviation). This year's change was 1.4 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was US$7,928 in 2011 and the biggest yearly fall was US$5,435 in 2016. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2012 to 2021 the straight-line trend is downward, about US$1,205 a year. A straight line explains 49% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2021, Australia had the 13th highest value of the 167 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Australia in the 2021 ranking

• Singapore — 9th of 167: US$50,690
• Ireland — 10th of 167: US$48,856
• Netherlands — 11th of 167: US$46,420
• Finland — 13th of 167: US$44,416
• Israel — 14th of 167: US$43,495
• Austria — 15th of 167: US$43,282

What this measures

Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 52 values

Adjusted net national income per capita (current US$) in nearby economies

• Brunei Darussalam — US$22,736 (2021)
• Cambodia — US$1,344 (2021)
• China — US$9,015 (2021)
• Fiji — US$3,782 (2021)
• Indonesia — US$3,189 (2021)
• Japan — US$30,520 (2021)
• Kiribati — US$2,802 (2021)
• Korea, Rep. — US$28,059 (2021)
• Lao PDR — US$1,838 (2021)
• Malaysia

More economic policy & debt data for Australia

• Portfolio equity, net inflows (BoP, current US$) — US$18.94 billion (2025)
• Total reserves, including gold (current US$) — US$72.63 billion (2025)
• Total reserves, excluding gold (current US$) — US$62.12 billion (2025)
• General government final consumption expenditure (current US$) — US$416.34 billion (2025)
• General government final consumption expenditure (current LCU) — 643.28 billion (2025)
• General government final consumption expenditure (constant 2015 US$) — US$418.83 billion (2025)
• General government final consumption expenditure (constant LCU) — 622.17 billion (2025)
• General government final consumption expenditure (% of GDP) — 23.15% (2025)

Reading data like this

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Questions people ask

What is Australia's adjusted net national income per capita (current US$)?

US$45,711 in 2021, according to the World Bank (World Development Indicators).

How has it changed since 1970?

It is up 1,598% from US$2,693 in 1970 (5.71% a year on average, compounded). The highest value was US$53,872 in 2013 and the lowest US$2,693 in 1970.

How does Australia rank?

13th highest of 167 economies with data for 2021.

Is the latest change in adjusted net national income per capita (current US$) unusual for Australia?

In 2021, Australia's adjusted net national income per capita (current US$) rose US$5,674 on 2020 (from US$40,036 to US$45,711). Across the 30 yearly changes before that (1991 to 2020), the average change was +US$861.24 and a typical year strayed about US$3,464 from that (the standard deviation). This year's change was 1.4 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator NY.ADJ.NNTY.PC.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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