Average Annual Growth (%) in Australia Time Nominal Real GDP per Real GDP Prices Period Population GDP capita 1970's 13.8 3.4 1.7 10.4 1.8 1980's 12.0 3.3 1.9 8.7 1.5 1990's 5.4 3.3 2.1 2.1 1.2 2000's 7.3 3.2 1.8 4.1 1.4 2010's 4.5 2.6 1.0 1.9 1.6 Average 8.6 3.2 1.7 5.4 1.5