Value of agricultural production in Australia

Australia: Value of agricultural production was 55.54 billion in 2024. ▲ Rising

Latest (2024)
55.54 billion
Change on year
up 4.2%
World rank
17th
of 174 countries
All-time high
60.85 billion
in 2022
All-time low
15.03 billion
in 1993
Years of data
34
1991–2024

Value of agricultural production in Australia, 1991–2024

20.0B30.0B40.0B50.0B60.0B1991200720241991: 15.9B1992: 15.5B1993: 15.0B1994: 15.2B1995: 19.2B1996: 22.1B1997: 20.3B1998: 18.3B1999: 19.1B2000: 16.9B2001: 17.6B2002: 17.8B2003: 23.5B2004: 24.2B2005: 26.8B2006: 23.6B2007: 28.4B2008: 34.3B2009: 30.0B2010: 34.8B2011: 47.4B2012: 48.1B2013: 46.6B2014: 42.5B2015: 34.5B2016: 40.2B2017: 37.1B2018: 38.5B2019: 34.1B2020: 43.5B2021: 54.0B2022: 60.9B2023: 53.3B2024: 55.5B

Source: Our World in Data.

Analysis

Australia recorded 55.54 billion for value of agricultural production in 2024.

That represents a change of up 4.2% on the previous year and up 30.6% over ten years.

Over the whole period, value of agricultural production in Australia peaked at 60.85 billion in 2022 and was at its lowest, 15.03 billion, in 1993.

Australia ranks 17th of 174 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 34 years of available data.

Value of agricultural production in Australia, year by year

Annual values for Value of agricultural production in Australia, 1991 to 2024.
Year Value Change
1991 15.90 billion
1992 15.51 billion -2.5%
1993 15.03 billion -3.1%
1994 15.23 billion +1.3%
1995 19.22 billion +26.2%
1996 22.12 billion +15.1%
1997 20.30 billion -8.2%
1998 18.34 billion -9.7%
1999 19.10 billion +4.1%
2000 16.92 billion -11.4%
2001 17.57 billion +3.8%
2002 17.80 billion +1.3%
2003 23.47 billion +31.8%
2004 24.24 billion +3.3%
2005 26.78 billion +10.5%
2006 23.63 billion -11.8%
2007 28.43 billion +20.3%
2008 34.26 billion +20.5%
2009 30.03 billion -12.3%
2010 34.78 billion +15.8%
2011 47.41 billion +36.3%
2012 48.08 billion +1.4%
2013 46.63 billion -3.0%
2014 42.52 billion -8.8%
2015 34.45 billion -19.0%
2016 40.21 billion +16.7%
2017 37.07 billion -7.8%
2018 38.46 billion +3.7%
2019 34.14 billion -11.2%
2020 43.53 billion +27.5%
2021 54.04 billion +24.1%
2022 60.85 billion +12.6%
2023 53.32 billion -12.4%
2024 55.54 billion +4.2%

Averages by decade

DecadeAverage LowestHighest Years
1990s 17.86 billion 15.03 billion 22.12 billion 9
2000s 24.31 billion 16.92 billion 34.26 billion 10
2010s 40.38 billion 34.14 billion 48.08 billion 10
2020s 53.46 billion 43.53 billion 60.85 billion 5

Countries ranked near Australia

  1. 14 Spain 57.95 billion compare
  2. 15 Italy 55.94 billion compare
  3. 16 Viet Nam 55.86 billion compare
  4. 18 Colombia 52.60 billion compare
  5. 19 Venezuela, Bolivarian Republic of 49.66 billion compare
  6. 20 Thailand 47.78 billion compare

See the full ranking of 175 places →

More agriculture & rural data for Australia

All data for Australia →

Frequently asked questions

What is value of agricultural production in Australia?
Value of agricultural production in Australia was 55.54 billion in 2024, according to Our World in Data.
What is the highest value of agricultural production recorded in Australia?
The highest recorded value was 60.85 billion in 2022.
What is the lowest value of agricultural production recorded in Australia?
The lowest recorded value was 15.03 billion in 1993.
How does Australia rank for value of agricultural production?
Australia ranks 17th out of 174 countries with data for 2024.
Is value of agricultural production rising or falling in Australia?
Over the last ten years it is up 30.6%. 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 Value of agricultural production. Statizoid updates them automatically from the source API.

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Value of agricultural production in Australia. Statizoid, drawing on Our World in Data. Retrieved 24 August 2026, from https://agriculture.statizoid.com/stat/value-of-agricultural-production/australia/

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About this data

Indicator
Value of agricultural production
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
175 places, 5,021 data points, 1991–2024
Last refreshed