1961$1,8783.7% 1960$1,811 Evolution: GDP growth rate at constant prices Australia Your browser does not support charts× Evolution: GDP per capita Australia Your browser does not support charts× GDP Australia Your browser does not support charts×...
Nominal GDP: $1.35 trillion (2020) GDP per capita: $52,941 (2020) Inflation rate (year to March 2009): 2.5% per annum. Reserve Bank official interest rate (May 2009): 3.00%. Trade: Exports ($178.9 billion, 2008 estimate)--coal, iron ore, gold, meat, wool, alumina, wheat, ...
CANBERRA, June 7 (Xinhua) -- Strong results in mining exports have led to significant growth in the Australian economy, according to the Bureau of Statistics (ABS). Australia's economy is growing at an annual rate of 3.1 percent, up from 2.4 percent three months ago, the ABS reported late...
Revenue is expected to demonstrate an annual growth rate (CAGR 2024-2029) of 1.91%, leading to a projected market volume of US$792.10m by 2029. The number of users in the Digital Newspapers & Magazines sector in Australia is anticipated to amount to 9.4m users by 2029. User penetration is...
Australia’s GDP has seen a significant increase over the past decade, more than doubling its value, and experienced a rather quick recovery from the 2008 financial crisis, which indicates that the country experienced economic growth as well as higher productivity. One of the primary reasons is ...
57.97% of GDP 131.8% of GDP Also known as government debt or national debt, public debt refers to the sum of all government borrowings owed to lenders within the country. inflation rate 5.6% 8.2% The inflation rate represents the annual price increase for goods and services, indicating a dec...
GDP (official exchange rate) $1.38 trillion (2017 est.) GDP - real growth rate 2.2% (2017 est.)2.6% (2016 est.)2.5% (2015 est.)country comparison to the world: 144 GDP - per capita (PPP) $50,400 (2017 est.)$50,100 (2016 est.)$49,600 (2015 est.) note: data are in...
The December quarter National Accounts show an economy slowing in line with the Reserve Bank’s expectations – with annual GDP growth at 1.5 per cent. This release does not give us reason to fear a significant deterioration in economic activity, as the conditions are in place for a better en...
Official figures reveal that gross domestic product (GDP) increased by adjusted 0.5% quarter-on-quarter over the period, taking the annual GDP growth rate of Australia to 2.5%. The Reserve Bank of Australia cut its interest rates by 25 basis points in 2.25% all-time low in a bid to ...
57.97% of GDP 23.6% of GDP Also known as government debt or national debt, public debt refers to the sum of all government borrowings owed to lenders within the country. inflation rate 5.6% 11.6% The inflation rate represents the annual price increase for goods and services, indicating...