Australia: GDP per capita, PPP (constant 2021 international $)

Key figures

What the numbers say

In 2025, Australia's GDP per capita, PPP (constant 2021 international $) fell 115.52 on 2024 (from 60,310 to 60,194).

Across the 30 yearly changes before that (1995 to 2024), the average change was +756.23 and a typical year strayed about 560.21 from that (the standard deviation). This year's change was 1.6 standard deviations below 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 1,702 in 2022 and the biggest yearly fall was 788.15 in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about 479.79 a year. A straight line explains 86% 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 2025, Australia had the 24th highest value of the 185 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 2025 ranking

• Saudi Arabia — 20th of 185: 63,051
• Germany — 21st of 185: 62,824
• Bahrain — 22nd of 185: 60,670
• Canada — 24th of 185: 57,990
• Finland — 25th of 185: 55,735
• Korea, Rep. — 26th of 185: 55,697

What this measures

This indicator provides values for gross domestic product (GDP) per person expressed in constant international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2021. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.

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

All 36 values

GDP per capita, PPP (constant 2021 international $) in nearby economies

• Brunei Darussalam — 78,985 (2025)
• Cambodia — 7,300 (2025)
• China — 25,067 (2025)
• Fiji — 13,961 (2025)
• Hong Kong SAR, China — 68,725 (2025)
• Indonesia — 15,091 (2025)
• Japan — 48,283 (2025)
• Kiribati — 3,364 (2025)
• Korea, Rep. — 55,697 (2025)
• Lao PDR

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 GDP per capita, PPP (constant 2021 international $)?

60,194 in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is up 65.97% from 36,268 in 1990 (1.46% a year on average, compounded). The highest value was 60,685 in 2023 and the lowest 35,426 in 1992.

How does Australia rank?

24th highest of 185 economies with data for 2025.

Is the latest change in GDP per capita, PPP (constant 2021 international $) unusual for Australia?

In 2025, Australia's GDP per capita, PPP (constant 2021 international $) fell 115.52 on 2024 (from 60,310 to 60,194). Across the 30 yearly changes before that (1995 to 2024), the average change was +756.23 and a typical year strayed about 560.21 from that (the standard deviation). This year's change was 1.6 standard deviations below 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.GDP.PCAP.PP.KD, licensed CC BY 4.0. Original source: International Comparison Program (ICP), World Bank (WB), uri: https://www.worldbank.org/en/programs/icp/data, note: This information is for ICP’s PPPs utilized in WDI, publisher: International Comparison Program (ICP), date accessed: May 30, 2024, date published: May 30, 2024; The Eurostat PPP Progr… 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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