Australia Economic Statistics and Indicators

23, Sep 2018, EDT. Welcome to the Australia economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Australia › Change country
National or Regional Currency: Australian Dollar, AUD
Year of data: 2015 › Change year
Number of Indicators Listed: 42
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 22,507,617 (July 2014 est.)
Area: total: 7,741,220 sq km ; land: 7,682,300 sq km ; water: 58,920 sq km ; note: includes Lord Howe Island and Macquarie Island
Natural Resources: bauxite, coal, iron ore, copper, tin, gold, silver, uranium, nickel, tungsten, rare earth elements, mineral sands, lead, zinc, diamonds, natural gas, petroleum ; note: Australia is the world's largest net exporter of coal accounting for 29% of global coal exports
Capital: name: Canberra ; geographic coordinates: 35 16 S, 149 08 E ; time difference: UTC+10 (15 hours ahead of Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins first Sunday in October; ends first Sunday in April ; note: Australia has three time zones

The Australian economy has experienced continuous growth and features low unemployment, contained inflation, very low public debt, and a strong and stable financial system. By 2012, Australia had experienced more than 20 years of continued economic growth, averaging 3.5% a year. Demand for resources and energy from Asia and especially China has grown rapidly, creating a channel for resources investments and growth in commodity exports. The high Australian dollar has hurt the manufacturing sector, while the services sector is the largest part of the Australian economy, accounting for about 70% of GDP and 75% of jobs. Australia was comparatively unaffected by the global financial crisis as the banking system has remained strong and inflation is under control. Australia has benefited from a dramatic surge in its terms of trade in recent years, stemming from rising global commodity prices. Australia is a significant exporter of natural resources, energy, and food. Australia's abundant and diverse natural resources attract high levels of foreign investment and include extensive reserves of coal, iron, copper, gold, natural gas, uranium, and renewable energy sources. A series of major investments, such as the US$40 billion Gorgon Liquid Natural Gas project, will significantly expand the resources sector. Australia is an open market with minimal restrictions on imports of goods and services. The process of opening up has increased productivity, stimulated growth, and made the economy more flexible and dynamic. Australia plays an active role in the World Trade Organization, APEC, the G20, and other trade forums. Australia has bilateral free trade agreements (FTAs) with Chile, Malaysia, New Zealand, Singapore, Thailand, and the US, has a regional FTA with ASEAN and New Zealand, is negotiating agreements with China, India, Indonesia, Japan, and the Republic of Korea, as well as with its Pacific neighbors and the Gulf Cooperation Council countries, and is also working on the Trans-Pacific Partnership Agreement with Brunei Darussalam, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, the US, and Vietnam.
More on the Australia Economy
More on the Australia Export, Import and Trade

Economic Indicator Listing
  For Australia in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 2.479 %
GDP (Current Prices, National Currency)AUD 1,629.10 Billion.
GDP (Current Prices, US Dollars)US$ 1,223.89 Billion
GDP Deflator 99.155 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)AUD 68,413.21 .
GDP Per Capita (Current Prices, National Currency)AUD 67,834.84 .
GDP Per Capita (Current Prices, US Dollars)US$ 50,961.87
Output Gap, Percent of Potential GDP -1.423 %
GDP (PPP), US DollarsUS$ 1,138.09 Billion
GDP Per Capita (PPP), US DollarsUS$ 47,389.14
GDP Share of World Total (PPP) 1.003 %
Implied PPP Conversion Rate 1.431
Investment (% of GDP) 26.1 %
Gross National Savings (% of GDP) 22.178 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 107.675 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) 1.532 %
Inflation, End of Year (Indexed to Year 2000) 108.3 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 1.69 %
Import Volume of All Items Including Goods and Services (Percent Change) 0.967 %
Import Volumes of Goods Only (Percent Change) 2.285 %
Export Volume of All Items Including Goods and Services (Percent Change) 6.104 %
Export Volumes of Goods Only (Percent Change) 5.613 %
Unemployment Rate (% of Labour Force) 6.075 %
Employment 11.743 Million
Population 24.016 Million
General government revenue (National Currency)AUD 561.674 Billions.
General government revenue (% of GDP) 34.477 %
General government total expenditure (National Currency)AUD 606.817 Billions.
General government total expenditure (% of GDP) 37.249 %
Total Government Net Lending/ Borrowing (National Currency)AUD -45.143 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -2.771 %
General Government Structural Balance (National Currency)AUD -35.309 Billion.
General Government Structural Balance (% Potential GDP) -2.157 %
Fiscal Year Gross Domestic Product, Current PricesAUD 1,629.10 Billions.
Current Account Balance (US Dollars)US$ -56.198 Billion
Current Account Balance (% GDP) -4.592 %
Economic Indicators for Australia 2015

GDP (Constant Prices, National Currency) for Australia in year 2015 is AUD 1,642.99 Billion.

GDP Growth (Constant Prices, National Currency) for Australia in year 2015 is 2.479 %.

GDP (Current Prices, National Currency) for Australia in year 2015 is AUD 1,629.10 Billion.

GDP (Current Prices, US Dollars) for Australia in year 2015 is US$ 1,223.89 Billion.

GDP Deflator for Australia in year 2015 is 99.155 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Australia in year 2015 is AUD 68,413.21 .

GDP Per Capita (Current Prices, National Currency) for Australia in year 2015 is AUD 67,834.84 .

GDP Per Capita (Current Prices, US Dollars) for Australia in year 2015 is US$ 50,961.87 .

Output Gap, Percent of Potential GDP for Australia in year 2015 is -1.423 %.

GDP (PPP), US Dollars for Australia in year 2015 is US$ 1,138.09 Billion.

GDP Per Capita (PPP), US Dollars for Australia in year 2015 is US$ 47,389.14 .

GDP Share of World Total (PPP) for Australia in year 2015 is 1.003 %.

Implied PPP Conversion Rate for Australia in year 2015 is 1.431 .

Investment (% of GDP) for Australia in year 2015 is 26.1 %.

Gross National Savings (% of GDP) for Australia in year 2015 is 22.178 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Australia in year 2015 is 107.675 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Australia in year 2015 is 1.532 %.

Inflation, End of Year (Indexed to Year 2000) for Australia in year 2015 is 108.3 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Australia in year 2015 is 1.69 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Australia in year 2015 is 0.967 %.

Import Volumes of Goods Only (Percent Change) for Australia in year 2015 is 2.285 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Australia in year 2015 is 6.104 %.

Export Volumes of Goods Only (Percent Change) for Australia in year 2015 is 5.613 %.

Unemployment Rate (% of Labour Force) for Australia in year 2015 is 6.075 %.

Employment for Australia in year 2015 is 11.743 Million .

Population for Australia in year 2015 is 24.016 Million .

General government revenue (National Currency) for Australia in year 2015 is AUD 561.674 Billions.

General government revenue (% of GDP) for Australia in year 2015 is 34.477 %.

General government total expenditure (National Currency) for Australia in year 2015 is AUD 606.817 Billions.

General government total expenditure (% of GDP) for Australia in year 2015 is 37.249 %.

Total Government Net Lending/ Borrowing (National Currency) for Australia in year 2015 is AUD -45.143 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Australia in year 2015 is -2.771 %.

General Government Structural Balance (National Currency) for Australia in year 2015 is AUD -35.309 Billion.

General Government Structural Balance (% Potential GDP) for Australia in year 2015 is -2.157 %.

Fiscal Year Gross Domestic Product, Current Prices for Australia in year 2015 is AUD 1,629.10 Billions.

Current Account Balance (US Dollars) for Australia in year 2015 is US$ -56.198 Billion.

Current Account Balance (% GDP) for Australia in year 2015 is -4.592 %.

* Source: IMF
Aggregate Indicators for Australia
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Australia
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Australia
  Natural Resources, Agricultural Products, Land Use and Water Use for Australia
  Nationality, Ethnic Groups, Languages and Religions for Australia
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Australia
  Age Structure, Median Age, Gender and Urbanization for Australia
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Australia
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Australia
  HIV, AIDS and Other Major Infectious Disease Rates for Australia
  Literacy Rate, Educational Expenditure and School Life Expectancy for Australia
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Australia
  Industries and Industrial Growth Production Rate for Australia
  Labor Force by Occupation for Australia
  Poverty Line, Gini Index, Household Income and Consumption for Australia
  National Budget and Public Debt for Australia
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Australia
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Australia
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Australia
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Australia
  Foreign Exchange Reserves and Gold Reserves for Australia
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Australia
  Exchange Rate Statistics for Australia
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Australia
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Australia
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Australia
  Television and Radio Statistics (TV Stats, Radio Stats) for Australia
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Australia
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Australia
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Australia
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Australia
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Australia
* Source: CIA
Internet Indicators for Australia
Indicators
  Number of Internet Users for Australia
  Internet Penetration Rate for Australia
  Number of Facebook Accounts for Australia
  Facebook Penetration Rate for Australia
* Source: IWS
Economic Freedom Indicators for Australia
Indicators
  Economic Freedom World Rank for Australia
  Government Spending for Australia
  Monetary Freedom for Australia
  Investment Freedom for Australia
  Financial Freedom for Australia
  Property Rights for Australia
  Economic Freedom Regional Ranking for Australia
  Freedom from Corruption for Australia
  Labor Freedom for Australia
  Tariff Rate for Australia
  Income Tax Rate for Australia
  Corporate Tax Rate for Australia
  Tax Burden % of GDP for Australia
  Government Expenditure % of GDP for Australia
  Business Freedom for Australia
  Trade Freedom for Australia
  Fiscal Freedom for Australia
  2016 Score for Australia
* Source: HFO
Australia Economic Indicators in other Years
  Australia Economic Indicators for Year 2021 (Forecast)
  Australia Economic Indicators for Year 2020 (Forecast)
  Australia Economic Indicators for Year 2019 (Forecast)
  Australia Economic Indicators for Year 2018 (Forecast)
  Australia Economic Indicators for Year 2017 (Forecast)
  Australia Economic Indicators for Year 2016 (Forecast)
Australia Economic Indicators for Year 2015 (Current)
  Australia Economic Indicators for Year 2014
  Australia Economic Indicators for Year 2013
  Australia Economic Indicators for Year 2012
  Australia Economic Indicators for Year 2011
  Australia Economic Indicators for Year 2010
  Australia Economic Indicators for Year 2009
  Australia Economic Indicators for Year 2008
  Australia Economic Indicators for Year 2007
  Australia Economic Indicators for Year 2006
  Australia Economic Indicators for Year 2005
  Australia Economic Indicators for Year 2004
  Australia Economic Indicators for Year 2003
  Australia Economic Indicators for Year 2002
  Australia Economic Indicators for Year 2001
  Australia Economic Indicators for Year 2000
  Australia Economic Indicators for Year 1999
  Australia Economic Indicators for Year 1998
  Australia Economic Indicators for Year 1997
  Australia Economic Indicators for Year 1996
  Australia Economic Indicators for Year 1995
  Australia Economic Indicators for Year 1994
  Australia Economic Indicators for Year 1993
  Australia Economic Indicators for Year 1992
  Australia Economic Indicators for Year 1991
  Australia Economic Indicators for Year 1990
  Australia Economic Indicators for Year 1989
  Australia Economic Indicators for Year 1988
  Australia Economic Indicators for Year 1987
  Australia Economic Indicators for Year 1986
  Australia Economic Indicators for Year 1985
  Australia Economic Indicators for Year 1984
  Australia Economic Indicators for Year 1983
  Australia Economic Indicators for Year 1982
  Australia Economic Indicators for Year 1981
  Australia Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International