The gross domestic product (GDP) per capita in Australia was forecast to continuously increase between 2024 and 2029 by in total 10,443 U.S. dollars (+15.83 percent). After the sixth consecutive increasing year, the GDP per capita is estimated to reach 76,408.6 U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product per capita at current prices. Thereby the gross domestic product was first converted from national currency to U.S. dollars at current exchange prices and then divided by the total population. The gross domestic products is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).
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IMF. (October 22, 2024). Australia: Gross domestic product (GDP) per capita in current prices from 1989 to 2029 (in U.S. dollars) [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/260506/gdp-per-capita-in-current-prices-in-australia/
IMF. "Australia: Gross domestic product (GDP) per capita in current prices from 1989 to 2029 (in U.S. dollars)." Chart. October 22, 2024. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/260506/gdp-per-capita-in-current-prices-in-australia/
IMF. (2024). Australia: Gross domestic product (GDP) per capita in current prices from 1989 to 2029 (in U.S. dollars). Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/260506/gdp-per-capita-in-current-prices-in-australia/
IMF. "Australia: Gross Domestic Product (Gdp) per Capita in Current Prices from 1989 to 2029 (in U.S. Dollars)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/260506/gdp-per-capita-in-current-prices-in-australia/
IMF, Australia: Gross domestic product (GDP) per capita in current prices from 1989 to 2029 (in U.S. dollars) Statista, https://www.statista.com/statistics/260506/gdp-per-capita-in-current-prices-in-australia/ (last visited October 31, 2024)
Australia: Gross domestic product (GDP) per capita in current prices from 1989 to 2029 (in U.S. dollars) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/260506/gdp-per-capita-in-current-prices-in-australia/