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Atlas reference
Largest Economies in Oceania
The largest economies in Oceania, ranked by GDP.
Australia currently leads this Oceania ranking across 19 reported places.
Answer at a glance
Australia ranks as the largest economy in Oceania, at $1.76 trillion (2024), using the latest available World Bank value.
The gap to New Zealand is $1.50 trillion using the displayed latest-available values.
Methodology: countries are ordered by nominal GDP in current US dollars. Reporting years can vary by country, so this is a latest-available comparison rather than a single-year estimate. View World Bank GDP data.
Coverage: 19 countries and territories with a reported value are included; records without this metric are omitted.
Total GDP measures the size of an economy; it does not by itself measure individual prosperity or quality of life.
19 of 19
Canberra · 2024 observation
Wellington · 2024 observation
Port Moresby · 2024 observation
Noumea · 2024 observation
Hagatna · 2022 observation
Papeete · 2024 observation
Suva · 2024 observation
Honiara · 2024 observation
Apia · 2024 observation
Port Vila · 2024 observation
Saipan · 2022 observation
Pago Pago · 2022 observation
Nuku'alofa · 2023 observation
Palikir · 2024 observation
Tarawa · 2024 observation
Majuro · 2024 observation
Melekeok · 2023 observation
Yaren · 2024 observation
Funafuti · 2023 observation
| # | Country | GDP | Data year | Capital |
|---|---|---|---|---|
| 1 |  Australia | $1.76 trillion | 2024 | Canberra |
| 2 |  New Zealand | $260.17 billion | 2024 | Wellington |
| 3 |  Papua New Guinea | $31.80 billion | 2024 | Port Moresby |
| 4 |  New Caledonia | $8.55 billion | 2024 | Noumea |
| 5 |  Guam | $6.91 billion | 2022 | Hagatna |
| 6 |  French Polynesia | $6.32 billion | 2024 | Papeete |
| 7 |  Fiji Islands | $5.97 billion | 2024 | Suva |
| 8 |  Solomon Islands | $1.58 billion | 2024 | Honiara |
| 9 |  Samoa | $1.18 billion | 2024 | Apia |
| 10 |  Vanuatu | $1.12 billion | 2024 | Port Vila |
| 11 |  Northern Mariana Islands | $1.10 billion | 2022 | Saipan |
| 12 |  American Samoa | $871.0 million | 2022 | Pago Pago |
| 13 |  Tonga | $591.1 million | 2023 | Nuku'alofa |
| 14 |  Micronesia | $471.4 million | 2024 | Palikir |
| 15 |  Kiribati | $307.9 million | 2024 | Tarawa |
| 16 |  Marshall Islands | $290.1 million | 2024 | Majuro |
| 17 |  Palau | $276.7 million | 2023 | Melekeok |
| 18 |  Nauru | $162.6 million | 2024 | Yaren |
| 19 |  Tuvalu | $62.3 million | 2023 | Funafuti |
Largest Economies in Oceania: Frequently Asked Questions
What is the largest economy in Oceania?
Australia is the largest economy in Oceania, with a GDP of around $1.76 trillion.
What are the top three largest economies in Oceania?
Australia, New Zealand and Papua New Guinea.