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Australian real GDP growth over the year

Growth in inflation-adjusted output over the past four quarters.

Source: ABS via RBA statistical table H1 (opens in a new tab) Updated at source

Latest
2.1%
Jun qtr 2026
Previous
2.5%
Mar qtr 2026
Change
−0.4 pp
From the previous reading
Frequency
Quarterly
History from Sep qtr 1960
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Australian real GDP growth over the year

Growth in inflation-adjusted output over the past four quarters.

Real GDP (year): 2.1% in Jun qtr 2026 (previous 2.5% in Mar qtr 2026). Since Mar qtr 2017 the low was −5.8% (Jun qtr 2020) and the high 10.2% (Jun qtr 2021).
Real GDP (year)
2.1%
Jun qtr 2026 · change −0.4 pp
Data table
Latest observations: Australian real GDP growth over the year
Period Real GDP (year)
Jun qtr 2026 2.1%
Mar qtr 2026 2.5%
Dec qtr 2025 2.6%
Sep qtr 2025 2.1%
Jun qtr 2025 1.9%
Mar qtr 2025 1.3%
Dec qtr 2024 1.2%
Sep qtr 2024 0.8%
Jun qtr 2024 0.9%
Mar qtr 2024 1.1%
Dec qtr 2023 1.3%
Sep qtr 2023 2.2%

About this indicator

What it measures
The year-ended change in real GDP, seasonally adjusted.
How it is calculated
As published in RBA table H1.
How to read it
Australia's headline annual growth figure. Compare it with population growth to see whether output per person is rising.
Caveats
GDP is revised with each later release.
Frequency
Quarterly
Typical release
Quarterly with the national accounts.

Sources

  • Year-ended real GDP growth RBA table H1, series GGDPCVGDPY · Per cent 264 observations stored (1 Jul 1960 to 1 Apr 2026) · updated at source 3 Sep 2026 View at the source (opens in a new tab)

Recent observations

Newest first. For a calculated figure, the source value it comes from is shown beside it.

Recent observations: Australian real GDP growth over the year
Period Real GDP (year) First recorded here
Jun qtr 2026 2.1% 20 Oct 2026
Mar qtr 2026 2.5% 20 Oct 2026
Dec qtr 2025 2.6% 20 Oct 2026
Sep qtr 2025 2.1% 20 Oct 2026
Jun qtr 2025 1.9% 20 Oct 2026
Mar qtr 2025 1.3% 20 Oct 2026
Dec qtr 2024 1.2% 20 Oct 2026
Sep qtr 2024 0.8% 20 Oct 2026
Jun qtr 2024 0.9% 20 Oct 2026
Mar qtr 2024 1.1% 20 Oct 2026
Dec qtr 2023 1.3% 20 Oct 2026
Sep qtr 2023 2.2% 20 Oct 2026
Jun qtr 2023 2.2% 20 Oct 2026
Mar qtr 2023 2.8% 20 Oct 2026
Dec qtr 2022 3.3% 20 Oct 2026
Sep qtr 2022 6.1% 20 Oct 2026
Jun qtr 2022 3.8% 20 Oct 2026
Mar qtr 2022 3.6% 20 Oct 2026
Dec qtr 2021 4.9% 20 Oct 2026
Sep qtr 2021 4.7% 20 Oct 2026
Jun qtr 2021 10.2% 20 Oct 2026
Mar qtr 2021 2.0% 20 Oct 2026
Dec qtr 2020 −0.4% 20 Oct 2026
Sep qtr 2020 −3.2% 20 Oct 2026

Revisions

We record a revision when a value we already hold changes at the source. Tracking began on 20 Oct 2026, so revisions made before then are not shown, and figures are in the source's own units.

No revisions detected

No stored value has changed since tracking began.

Australia · Growth and employment

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