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Gross Domestic Product (GDP) by Country (Oceania)

Australia has the largest economy in Oceania โ€” $1757022.45T, ahead of New Zealand ($260172.39T) and Papua New Guinea ($31800.43T). All 18 countries ranked with the latest available data.

Top 18 Countries

# Country Share GDP
1 ๐Ÿ‡ฆ๐Ÿ‡บ Australia 84.3% $1757022.45T
2 ๐Ÿ‡ณ๐Ÿ‡ฟ New Zealand 12.5% $260172.39T
3 ๐Ÿ‡ต๐Ÿ‡ฌ Papua New Guinea 1.5% $31800.43T
4 ๐Ÿ‡ณ๐Ÿ‡จ New Caledonia 0.4% $8548.92T
5 ๐Ÿ‡ฌ๐Ÿ‡บ Guam 0.3% $6910.00T
6 ๐Ÿ‡ต๐Ÿ‡ซ French Polynesia 0.3% $6323.72T
7 ๐Ÿ‡ซ๐Ÿ‡ฏ Fiji 0.3% $5968.13T
8 ๐Ÿ‡ธ๐Ÿ‡ง Solomon Islands 0.1% $1583.96T
9 ๐Ÿ‡ผ๐Ÿ‡ธ Samoa 0.1% $1175.75T
10 ๐Ÿ‡ป๐Ÿ‡บ Vanuatu 0.1% $1117.97T
11 ๐Ÿ‡ฆ๐Ÿ‡ธ American Samoa $871.00T
12 ๐Ÿ‡น๐Ÿ‡ด Tonga $591.14T
13 ๐Ÿ‡ซ๐Ÿ‡ฒ Micronesia $471.43T
14 ๐Ÿ‡ฐ๐Ÿ‡ฎ Kiribati $307.86T
15 ๐Ÿ‡ฒ๐Ÿ‡ญ Marshall Islands $290.11T
16 ๐Ÿ‡ต๐Ÿ‡ผ Palau $276.73T
17 ๐Ÿ‡ณ๐Ÿ‡ท Nauru $162.59T
18 ๐Ÿ‡น๐Ÿ‡ป Tuvalu $62.28T
Concentration
Australia 84.3%New Zealand 12.5%Papua New Guinea 1.5%New Caledonia 0.4%Guam 0.3%
๐Ÿ‡ฆ๐Ÿ‡บ 84.3%๐Ÿ‡ณ๐Ÿ‡ฟ 12.5%๐Ÿ‡ต๐Ÿ‡ฌ 1.5%๐Ÿ‡ณ๐Ÿ‡จ 0.4%๐Ÿ‡ฌ๐Ÿ‡บ 0.3%Rest 1.0%
The top 10 countries hold 99.9% of the regional total
Statistic

About this Ranking

Gross Domestic Product (GDP) represents the total economic output of a nation and sets the ceiling for potential military spending. Larger economies can sustain bigger defense budgets in absolute terms while keeping military spending as a manageable share of output. GDP is the foundation upon which military power is built.