Oceania GDP (2026)
Oceania includes advanced economies, developing island states, and resource-rich countries spread across the Pacific. Oceania GDP in 2026 shows the combined economic output of countries and territories across the region and helps measure Oceania's contribution to the global economy. Here you can explore the latest GDP figures, country rankings, historical trends, growth patterns, and future economic outlook across Oceania.
Oceania GDP History (2000–2026)
Oceania vs Other Continents by GDP (2026)
| Continent | GDP 2026 (Nominal) | World Share |
|---|---|---|
| Asia | $44.99 Trillion | 35.54% |
| North America | $38.08 Trillion | 30.08% |
| Europe | $32.30 Trillion | 25.51% |
| South America | $5.18 Trillion | 4.09% |
| Africa | $3.57 Trillion | 2.82% |
| Oceania | $2.48 Trillion | 1.96% |
Oceania GDP Statistics (2026)
GDP of Oceania Countries (2026)
| Rank | Country | GDP (Nominal) | Share | Growth |
|---|---|---|---|---|
| 1 | Australia | $2.12T | 85.77% | +2.01% |
| 2 | New Zealand | $278.64B | 11.25% | +2.13% |
| 3 | Papua New Guinea | $34.40B | 1.39% | +3.75% |
| 4 | New Caledonia | $10.14B | 0.41% | -0.41% |
| 5 | Guam | $6.91B | 0.28% | +5.10% |
| 6 | French Polynesia | $6.40B | 0.26% | +3.00% |
| 7 | Fiji | $6.35B | 0.26% | +2.43% |
| 8 | Solomon Islands | $1.84B | 0.07% | +2.79% |
| 9 | Vanuatu | $1.40B | 0.06% | +3.53% |
| 10 | Samoa | $1.38B | 0.06% | +3.21% |
| 11 | Northern Mariana Islands | $1.10B | 0.04% | +16.64% |
| 12 | American Samoa | $871.00M | 0.04% | +1.74% |
| 13 | Tonga | $716.00M | 0.03% | +2.32% |
| 14 | Micronesia | $521.00M | 0.02% | +0.67% |
| 15 | Kiribati | $401.00M | 0.02% | +3.10% |
| 16 | Palau | $377.00M | 0.02% | +3.30% |
| 17 | Cook Islands | $366.21M | 0.01% | +19.07% |
| 18 | Marshall Islands | $342.00M | 0.01% | +3.67% |
| 19 | Nauru | $196.00M | 0.01% | +2.13% |
| 20 | Tuvalu | $65.00M | 0.00% | +2.54% |
Largest Economies in Oceania
Oceania GDP Historical Data (2000–2026)
| Year ↕ | GDP Nominal (Current USD) ↕ | World Share (%) ↕ | Global Rank ↕ |
|---|---|---|---|
| 2026 | $2,476,365,420,923 | 1.96% | #6 |
| 2025 | $2,144,051,000,000 | 1.82% | #6 |
| 2024 | $2,116,167,635,742 | 1.90% | #6 |
| 2023 | $2,060,135,826,861 | 1.92% | #6 |
| 2022 | $2,042,909,756,702 | 1.99% | #6 |
| 2021 | $1,969,711,269,035 | 2.00% | #6 |
| 2020 | $1,633,719,846,054 | 1.89% | #6 |
| 2019 | $1,662,494,727,041 | 1.88% | #6 |
| 2018 | $1,691,455,232,239 | 1.94% | #6 |
| 2017 | $1,646,720,010,384 | 2.00% | #6 |
| 2016 | $1,506,386,463,597 | 1.95% | #6 |
| 2015 | $1,467,916,222,765 | 1.93% | #6 |
| 2014 | $1,720,113,485,741 | 2.13% | #6 |
| 2013 | $1,767,366,411,872 | 2.25% | #6 |
| 2012 | $1,803,411,390,955 | 2.37% | #6 |
| 2011 | $1,736,800,358,409 | 2.32% | #6 |
| 2010 | $1,447,409,783,069 | 2.15% | #6 |
| 2009 | $1,165,967,564,753 | 1.90% | #6 |
| 2008 | $1,236,465,814,866 | 1.91% | #6 |
| 2007 | $1,124,480,734,580 | 1.90% | #6 |
| 2006 | $927,770,127,798 | 1.77% | #6 |
| 2005 | $881,958,878,163 | 1.83% | #6 |
| 2004 | $790,084,862,301 | 1.78% | #6 |
| 2003 | $649,727,831,002 | 1.64% | #6 |
| 2002 | $509,486,794,137 | 1.45% | #6 |
| 2001 | $447,034,550,864 | 1.31% | #6 |
| 2000 | $471,141,861,221 | 1.37% | #6 |
Oceania GDP Projections (IMF)
i| Year | GDP Nominal (Current USD) | World Share (%) | Global Rank |
|---|---|---|---|
| 2027 | $2,550,993,000,000 | 1.95% | #6 |
| 2028 | $2,646,400,000,000 | 1.93% | #6 |
| 2029 | $2,749,174,000,000 | 1.91% | #6 |
| 2030 | $2,868,044,000,000 | 1.91% | #6 |
| 2031 | $2,990,648,000,000 | 1.90% | #6 |
Oceania Economy Overview
Oceania's economy is dominated by Australia and New Zealand, complemented by a diverse group of smaller Pacific island economies. Australia combines a large service sector with substantial mining, energy, agriculture, finance, and international trade activity, while New Zealand has strong services, agriculture, tourism, and export-oriented industries. Across the Pacific islands, economic activity is often more dependent on tourism, fisheries, agriculture, public services, remittances, and external trade. Geographic isolation and relatively small domestic markets create distinctive economic conditions across the region, while links with Asian and global markets remain important for investment, exports, tourism, and long-term economic development.
Oceania GDP Outlook
Oceania's economic outlook is expected to remain closely tied to Australia and New Zealand, while tourism, trade, fisheries, agriculture, and external financing continue to shape prospects across smaller Pacific economies. Population growth, infrastructure investment, services, renewable energy, and stronger commercial links with Asian markets could provide opportunities for future expansion. Australia remains particularly exposed to global commodity demand, while New Zealand is influenced by agricultural exports, services, and tourism. Pacific island economies face distinct challenges related to small domestic markets, geographic isolation, climate exposure, transportation costs, and dependence on imports, making economic performance across Oceania highly varied.
Data & Methodology
How the figures on this page are compiled