Global Report Finds Wellness Doing Heavy Lifting For Australia’s Economy

Australia ranked among World’s fastest-growing wellness economies

For the first time, the Global Wellness Institute (GWI) has ranked Australia against the world in a new report that’s found our wellness economy is in the top 10.

GWI found Australia’s wellness economy is worth a healthy $194.4 billion (US$126.7 billion)*, and is one of the world’s fastest growing, booming at an annual rate of 7.5% from 2019-2023.

Until now, data on Australia’s wellness industry has only existed in parts – this is the first time we’ve had access to a comprehensive view of the sector as a whole.

Australia’s largest gym network, Anytime Fitness, partnered with GWI for the inaugural report, helping the wellness industry better understand its true value, impact and future potential – across everything from how we move and eat to how we rest, connect, and recharge.

The data found the wellness economy in Australia makes up more than seven per cent of our GDP, putting it just behind the construction industry.

Our wellness economy ranks fourth in the Asia Pacific region, and in wellness real estate, is second only to China.

Anytime Fitness’ Managing Director, Simon Thompson, said it shows our wellness economy is doing its share of the heavy lifting when it comes to Australia’s economy.

“When you consider our population, Australia is punching above its weight and has pioneered many wellness communities that support healthy lifestyles, vibrant social connections, and sustainable living in its growing housing markets,” Mr Thompson said.

Per capita, Australia ranks seventh globally, with spending of $7,402 (US$4,824) per person.

The report found Australia’s wellness economy grew by an impressive 10.9% between 2022 and 2023, reaching $194.4 billion (US$126.7 billion).

From 2019 to 2023, key sectors driving growth included:

Wellness tourism (up 32.9%)

Thermal/mineral springs (up 21.5%)

Wellness real estate (up 13.9%)

Mental wellness (up 10.1%)

Physical activity (up 9.4%)

Mr Thompson said Anytime Fitness data showed younger generations are also adopting healthier lifestyles.

“Gyms, instead of pubs and clubs are now often the number one choice for weekend outings, and even dates,” he said.

“Gen Z now spends seven times the amount of money on getting fit than Gen X.”

“We’re proud to champion this inaugural report and help shine a spotlight on the strength and potential of Australia’s wellness economy.

“As a brand that exists to support the health and wellbeing of Australians, this partnership with GWI reflects our commitment to seeing wellness embedded in every aspect of life – not just in gyms, but in homes, workplaces, and communities across the country.”

Note

*Currency conversions as of August 2025

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