Australia vs United Kingdom of Great Britain and Northern Ireland: Gross domestic product (GDP)
Gross domestic product (GDP) over time
- Australia
- United Kingdom of Great Britain and Northern Ireland
How they compare
United Kingdom of Great Britain and Northern Ireland currently reports 3.26 trillion Domestic currency against 2.99 trillion Domestic currency in Australia, a difference of 271.81 billion Domestic currency.
That makes United Kingdom of Great Britain and Northern Ireland's figure about 1.1 times Australia's.
Across all 68 years both countries report, United Kingdom of Great Britain and Northern Ireland has been ahead every year.
Australia ranks 42nd and United Kingdom of Great Britain and Northern Ireland ranks 40th of 86 countries.
United Kingdom of Great Britain and Northern Ireland has averaged higher in every one of the 7 decades both report.
Head to head by decade
| Decade | Australia | United Kingdom of Great Britain and Northern Ireland | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 23.98 billion Domestic currency | 38.43 billion Domestic currency | 14.45 billion Domestic currency | United Kingdom of Great Britain and Northern Ireland |
| 1970s | 75.18 billion Domestic currency | 118.11 billion Domestic currency | 42.93 billion Domestic currency | United Kingdom of Great Britain and Northern Ireland |
| 1980s | 247.05 billion Domestic currency | 412.42 billion Domestic currency | 165.37 billion Domestic currency | United Kingdom of Great Britain and Northern Ireland |
| 1990s | 506.90 billion Domestic currency | 845.00 billion Domestic currency | 338.10 billion Domestic currency | United Kingdom of Great Britain and Northern Ireland |
| 2000s | 955.28 billion Domestic currency | 1.36 trillion Domestic currency | 404.56 billion Domestic currency | United Kingdom of Great Britain and Northern Ireland |
| 2010s | 1.66 trillion Domestic currency | 1.92 trillion Domestic currency | 259.58 billion Domestic currency | United Kingdom of Great Britain and Northern Ireland |
| 2020s | 2.53 trillion Domestic currency | 2.76 trillion Domestic currency | 229.47 billion Domestic currency | United Kingdom of Great Britain and Northern Ireland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product (gdp), Australia or United Kingdom of Great Britain and Northern Ireland?
- United Kingdom of Great Britain and Northern Ireland, at 3.26 trillion Domestic currency against 2.99 trillion Domestic currency in Australia as of 2027.
- What is the difference in gross domestic product (gdp) between Australia and United Kingdom of Great Britain and Northern Ireland?
- 271.81 billion Domestic currency, with United Kingdom of Great Britain and Northern Ireland ahead.
- How many years of comparable data are there for Australia and United Kingdom of Great Britain and Northern Ireland?
- 68 years are reported by both, from 1960 to 2027.
- How do Australia and United Kingdom of Great Britain and Northern Ireland rank globally for gross domestic product (gdp)?
- Australia ranks 42nd and United Kingdom of Great Britain and Northern Ireland ranks 40th of 86 countries.
- Where does this data come from?
- International Monetary Fund, published as Gross domestic product (GDP) (Total economy, Domestic currency). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The Public Sector Balance Sheet (PSBS) Database shows comprehensive estimates of public sector assets and liabilities that formed the basis for the analysis presented in the October 2018 edition of the Fiscal Monitor. The database covers a broad sample of 55 countries, of which 25 countries contain time-series estimated PSBS and the rest for one single-year data compiled as part of Financial Transparency Evaluations and IMF Technical Assistance missions. The PSBS database is compiled on a best-effort basis, using the conceptual framework of the IMF's Government Finance Statistics Manual 2014. Data for the central and general government generally replicate data reported by country authorities in the IMF's Government Finance Statistics database. Data for the central bank generally replicate data reported by country authorities in the IMF's Monetary and Financial Statistics database. Where these data fail to cover all categories of assets and liabilities, they are complemented by other data reported by statistical authorities at the national level. other international organizations, or staff estimates. Data sources for public corporations are country specific and are captured in the country specific metadata documents.