Value Added (Agriculture, Forestry and Fishing) — Value Standard in Australia

Australia: Value Added (Agriculture, Forestry and Fishing) — Value Standard was 53,191 million SLC in 2024. ◆ Volatile

Latest (2024)
53,191 million SLC
Change on year
down 10.3%
World rank
90th
of 199 countries
All-time high
66,075 million SLC
in 2022
All-time low
2,322 million SLC
in 1970
Years of data
55
1970–2024

Value Added (Agriculture, Forestry and Fishing) — Value Standard in Australia, 1970–2024

020.0k40.0k60.0k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.

Analysis

In 2024, value added (agriculture, forestry and fishing) — value standard in Australia stood at 53,191 million SLC.

That represents a change of down 10.3% on the previous year and up 37.8% over ten years.

Over the whole period, value added (agriculture, forestry and fishing) — value standard in Australia peaked at 66,075 million SLC in 2022 and was at its lowest, 2,322 million SLC, in 1970.

That places Australia 90th out of 199 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Value Added (Agriculture, Forestry and Fishing) — Value Standard in Australia, year by year

Annual values for Value Added (Agriculture, Forestry and Fishing) — Value Standard Local Currency in Australia, 1970 to 2024.
Year million SLC Change
1970 2,322 million SLC
1971 2,634 million SLC +13.4%
1972 3,590 million SLC +36.3%
1973 4,891 million SLC +36.2%
1974 4,281 million SLC -12.5%
1975 4,398 million SLC +2.7%
1976 4,901 million SLC +11.5%
1977 4,799 million SLC -2.1%
1978 7,671 million SLC +59.9%
1979 8,845 million SLC +15.3%
1980 8,481 million SLC -4.1%
1981 8,921 million SLC +5.2%
1982 7,042 million SLC -21.1%
1983 10,976 million SLC +55.9%
1984 11,056 million SLC +0.7%
1985 10,926 million SLC -1.2%
1986 11,795 million SLC +8.0%
1987 14,168 million SLC +20.1%
1988 16,718 million SLC +18.0%
1989 16,971 million SLC +1.5%
1990 13,171 million SLC -22.4%
1991 12,880 million SLC -2.2%
1992 14,449 million SLC +12.2%
1993 15,576 million SLC +7.8%
1994 14,923 million SLC -4.2%
1995 17,873 million SLC +19.8%
1996 17,977 million SLC +0.6%
1997 17,847 million SLC -0.7%
1998 18,950 million SLC +6.2%
1999 20,612 million SLC +8.8%
2000 24,737 million SLC +20.0%
2001 29,842 million SLC +20.6%
2002 23,189 million SLC -22.3%
2003 26,455 million SLC +14.1%
2004 26,707 million SLC +1.0%
2005 27,299 million SLC +2.2%
2006 24,024 million SLC -12.0%
2007 27,628 million SLC +15.0%
2008 29,027 million SLC +5.1%
2009 28,753 million SLC -0.9%
2010 32,519 million SLC +13.1%
2011 34,034 million SLC +4.7%
2012 35,134 million SLC +3.2%
2013 35,517 million SLC +1.1%
2014 38,590 million SLC +8.7%
2015 39,882 million SLC +3.3%
2016 47,570 million SLC +19.3%
2017 45,315 million SLC -4.7%
2018 41,201 million SLC -9.1%
2019 39,876 million SLC -3.2%
2020 48,054 million SLC +20.5%
2021 62,295 million SLC +29.6%
2022 66,075 million SLC +6.1%
2023 59,284 million SLC -10.3%
2024 53,191 million SLC -10.3%

Averages by decade

DecadeAverage LowestHighest Years
1970s 4,833 million SLC 2,322 million SLC 8,845 million SLC 10
1980s 11,705 million SLC 7,042 million SLC 16,971 million SLC 10
1990s 16,426 million SLC 12,880 million SLC 20,612 million SLC 10
2000s 26,766 million SLC 23,189 million SLC 29,842 million SLC 10
2010s 38,964 million SLC 32,519 million SLC 47,570 million SLC 10
2020s 57,780 million SLC 48,054 million SLC 66,075 million SLC 5

Countries ranked near Australia

  1. 87 Romania 57,674 million SLC compare
  2. 88 North Macedonia 55,942 million SLC compare
  3. 89 Canada 54,715 million SLC compare
  4. 91 Italy 44,032 million SLC compare
  5. 92 Sierra Leone 43,351 million SLC compare
  6. 93 Sudan (former) 42,743 million SLC compare

See the full ranking of 215 places →

More environment data for Australia

All data for Australia →

Frequently asked questions

What is value added (agriculture, forestry and fishing) — value standard in Australia?
Value added (agriculture, forestry and fishing) — value standard in Australia was 53,191 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest value added (agriculture, forestry and fishing) — value standard recorded in Australia?
The highest recorded value was 66,075 million SLC in 2022.
What is the lowest value added (agriculture, forestry and fishing) — value standard recorded in Australia?
The lowest recorded value was 2,322 million SLC in 1970.
How does Australia rank for value added (agriculture, forestry and fishing) — value standard?
Australia ranks 90th out of 199 countries with data for 2024.
Is value added (agriculture, forestry and fishing) — value standard rising or falling in Australia?
Over the last ten years it is up 37.8%. The long-run trend across the full record is volatile.
Where does this Australia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Agriculture, Forestry and Fishing) — Value Standard Local Currency. Statizoid updates them automatically from the source API.

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Value Added (Agriculture, Forestry and Fishing) — Value Standard in Australia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 25 August 2026, from https://environment.statizoid.com/stat/value-added-agriculture-forestry-and-fishing-value-standard-local-currency/australia/

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About this data

Indicator
Value Added (Agriculture, Forestry and Fishing) — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
215 places, 10,919 data points, 1970–2024
Last refreshed

The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).