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National income per capita

Dynamic economy that shares prosperity

Release date and time

15/09/2025 11:30am AEST

Released 15/09/2025

Metric

Real net national disposable income (RNNDI) per capita

Why this matters

Real Net National Disposable Income (RNNDI) per capita measures the income available across the economy to spend and save, after inflation, on a per person basis.

This is a broader measure of prosperity than the commonly cited measure of real GDP, since it includes income of Australian residents generated overseas and excludes income of non-residents generated in Australia. It more accurately reflects the average lived experience and prosperity of Australians.

Progress

In 2023-24, RNNDI per capita:

decreased 2.1% from the previous period (2022-23)
increased 1.4% in compound annual growth terms from the 2003-04 period.

RNNDI per capita contracted between 2018-19 and the start of the COVID-19 pandemic in 2019-20. It returned to growth between 2020-21 and 2022-23 before contracting again in 2023-24.

Real net national disposable income (RNNDI) per capita (a)(b)
	Income ($)
2003-04	56,129
2004-05	57,411
2005-06	59,155
2006-07	60,898
2007-08	62,833
2008-09	63,751
2009-10	62,713
2010-11	65,977
2011-12	68,325
2012-13	67,300
2013-14	67,014
2014-15	65,935
2015-16	64,909
2016-17	67,191
2017-18	68,134
2018-19	69,396
2019-20	69,044
2020-21	72,957
2021-22	75,672
2022-23	76,338
2023-24	74,727

Real net national disposable income (RNNDI) per capita (a)(b)

["","Income"]

[["2003-04","2004-05","2005-06","2006-07","2007-08","2008-09","2009-10","2010-11","2011-12","2012-13","2013-14","2014-15","2015-16","2016-17","2017-18","2018-19","2019-20","2020-21","2021-22","2022-23","2023-24"],[[56129],[57411],[59155],[60898],[62833],[63751],[62713],[65977],[68325],[67300],[67014],[65935],[64909],[67191],[68134],[69396],[69044],[72957],[75672],[76338],[74727]]]

[]

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Population estimates are as published in National, state and territory population and ABS projections.
Reference year for chain volume measures and real income measures is 2022-23.

Data Source

ABS System of National Accounts – Table 1 (A2420637R)