Vegetable oil vs gdp in Australia
Australia: Vegetable oil vs gdp was 25.15 in 2023. ▲ Rising
Latest (2023)
25.15
Change on year
up 0.2%
World rank
5th
of 192 countries
All-time high
25.15
in 2023
All-time low
3.25
in 1962
Years of data
63
1961–2023
Vegetable oil vs gdp in Australia, 1961–2023
Source: Our World in Data.
Analysis
Australia recorded 25.15 for vegetable oil vs gdp in 2023. That is the highest value across all 63 years on record.
The figure is up 0.2% on the previous year and up 8.6% over ten years.
Over the whole period, vegetable oil vs gdp in Australia peaked at 25.15 in 2023 and was at its lowest, 3.25, in 1962.
Australia ranks 5th of 192 countries on this measure, in the top 10%.
The long-run direction has been consistently rising across the 63 years of available data.
Vegetable oil vs gdp in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1961 | 3.3 | — |
| 1962 | 3.25 | -1.6% |
| 1963 | 3.84 | +18.4% |
| 1964 | 4.19 | +8.9% |
| 1965 | 4.31 | +3.1% |
| 1966 | 4.68 | +8.4% |
| 1967 | 4.39 | -6.1% |
| 1968 | 4.51 | +2.7% |
| 1969 | 4.86 | +7.8% |
| 1970 | 6.42 | +32.0% |
| 1971 | 5.73 | -10.8% |
| 1972 | 6.93 | +21.0% |
| 1973 | 7.26 | +4.7% |
| 1974 | 7.48 | +3.1% |
| 1975 | 7.77 | +3.8% |
| 1976 | 7.72 | -0.6% |
| 1977 | 9.62 | +24.5% |
| 1978 | 9.71 | +1.0% |
| 1979 | 11.16 | +14.9% |
| 1980 | 12.08 | +8.2% |
| 1981 | 11.37 | -5.9% |
| 1982 | 12.01 | +5.6% |
| 1983 | 11.95 | -0.4% |
| 1984 | 10.76 | -10.0% |
| 1985 | 12.69 | +18.0% |
| 1986 | 13.11 | +3.3% |
| 1987 | 14.35 | +9.5% |
| 1988 | 14.06 | -2.0% |
| 1989 | 14.9 | +6.0% |
| 1990 | 15.38 | +3.2% |
| 1991 | 16.77 | +9.0% |
| 1992 | 17.88 | +6.6% |
| 1993 | 17.74 | -0.8% |
| 1994 | 16.57 | -6.6% |
| 1995 | 16.52 | -0.3% |
| 1996 | 16.82 | +1.8% |
| 1997 | 17.92 | +6.5% |
| 1998 | 17.46 | -2.6% |
| 1999 | 19.3 | +10.6% |
| 2000 | 18.57 | -3.8% |
| 2001 | 20.35 | +9.6% |
| 2002 | 19.07 | -6.3% |
| 2003 | 17.96 | -5.8% |
| 2004 | 22.47 | +25.1% |
| 2005 | 22.45 | -0.1% |
| 2006 | 21.93 | -2.3% |
| 2007 | 21.09 | -3.8% |
| 2008 | 20.86 | -1.1% |
| 2009 | 22.4 | +7.4% |
| 2010 | 23.83 | +6.4% |
| 2011 | 24.98 | +4.8% |
| 2012 | 25.07 | +0.4% |
| 2013 | 23.16 | -7.6% |
| 2014 | 24.71 | +6.7% |
| 2015 | 23.98 | -3.0% |
| 2016 | 24.15 | +0.7% |
| 2017 | 23.69 | -1.9% |
| 2018 | 23.85 | +0.7% |
| 2019 | 23.65 | -0.8% |
| 2020 | 21.46 | -9.3% |
| 2021 | 23.89 | +11.3% |
| 2022 | 25.11 | +5.1% |
| 2023 | 25.15 | +0.2% |
Australia compared with similar countries
- Australia's 25.15 is above the median for high income countries, which is 14.94, 1.7× the median. (63 countries reporting)
- Australia's 25.15 is above the median for East Asia & Pacific, which is 10.73, 2.3× the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 4.15 | 3.25 | 4.86 | 9 |
| 1970s | 7.98 | 5.73 | 11.16 | 10 |
| 1980s | 12.73 | 10.76 | 14.9 | 10 |
| 1990s | 17.24 | 15.38 | 19.3 | 10 |
| 2000s | 20.71 | 17.96 | 22.47 | 10 |
| 2010s | 24.11 | 23.16 | 25.07 | 10 |
| 2020s | 23.9 | 21.46 | 25.15 | 4 |
Countries ranked near Australia
More energy & mining data for Australia
- Ores and metals imports 1.9% (2025)
- Gas production 1,486 terawatt-hours (2025)
- Fossil fuel production per person, by fuel 55,080 kilowatt-hours per person (2025)
- Fossil fuel production by fuel 1,486 terawatt-hours (2025)
- Gas production per person 55,080 kilowatt-hours per person (2025)
- Fossil fuel production by fuel, per capita 0.0001 terawatt-hours per person (2025)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Gas production, per capita 0.0001 terawatt-hours per person (2025)
- Gas production, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
- Primary energy use, per capita 0.0001 terawatt-hours per person (2025)
Frequently asked questions
- What is vegetable oil vs gdp in Australia?
- Vegetable oil vs gdp in Australia was 25.15 in 2023, according to Our World in Data.
- What is the highest vegetable oil vs gdp recorded in Australia?
- The highest recorded value was 25.15 in 2023.
- What is the lowest vegetable oil vs gdp recorded in Australia?
- The lowest recorded value was 3.25 in 1962.
- How does Australia rank for vegetable oil vs gdp?
- Australia ranks 5th out of 192 countries with data for 2023.
- Is vegetable oil vs gdp rising or falling in Australia?
- Over the last ten years it is up 8.6%. The long-run trend across the full record is rising.
- Where does this Australia data come from?
- The figures come from Our World in Data, published as part of Vegetable oil vs gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 63 observations, free to reuse under CC BY 4.0 (Our World in Data).