1.8% GDP growth in 2023 Australia’s GDP is projected to grow by 1.8% in 2023, comparing well to similarly developed economies such as Germany, which is forecast to contract by 0.3% in 2023. The forecast for Australia in 2024 is 1.4% growth(4). ...
Investors also assessedGDP dataout of Australia, which showed economic growth come in slower than expected in the third quarter, as elevated borrowing costs and sticky inflation continued to weigh on the country. Australia'sS&P/ASX 200fell 0.38% to end the trading day...
Adelaide +0061 8; Albury +0061 2; Alice Springs +0061 8; Ballarat +0061 3; Bendigo +0061 3; Brisbane +0061 7; Bunbury +0061 8; Bundaberg +0061 7; Cairns +0061 7; Canberra +0061 2; Coffs Harbour +0061 2; Darwin +0061 8; Forrest +0061 815; Geelong +0061 3; Gibson +0061 706;...
According to theIMF's Economic Outlook Report,most countries in the Asia-Pacific region experienced neutral to positive GDP growth as of April 2024. Furthermore, theAsia-Pacific region has witnessed a 10% increase in total exports, indicating a strong demand for goods and servic...
Nominal GDP (USD mn)440,146.9Mar 2023quarterlySep 1959 - Mar 2023 Nominal GDP Growth (%)3.547Sep 2024quarterlySep 1960 - Sep 2024 Private Consumption Expenditure (USD mn)234,691.816Sep 2024quarterlySep 1959 - Sep 2024 Private Consumption: % of GDP (%)51.8Sep 2024quarterlySep 1959 - Sep 202...
CANBERRA, March 1 (Xinhua) -- The Australian economy has avoided falling into recession, after it was revealed the nation's gross domestic product (GDP) grew by 1.1 percent in the December quarter. Following a gross domestic product (GDP) fall of 0.5 percent in the September quarter, the ...
Show more - Description Published by Statista Research Department, Apr 9, 2024Editor’s Picks Current statistics on this topic Australia Gross domestic product (GDP) growth rate in Australia 2029* Australia Total population of Australia 2029 Australia Unemployment rate in Australia 2029 ...
GDP contribution of agriculture, forestry and fishing in Vietnam 2011-2023 GDP value of agriculture, forestry and fishing in Vietnam 2011-2023 Growth rate of value added in agriculture in Vietnam 2012-2023 Gross output of product per hectare of cultivated land in Vietnam 2013-2023 ...
Growth in consumer spending is driving the domestic economy. Household wealth is high. 58% of Australians are middle-class, just off the OECD average of 61%. Safe environment Australia’s political stability, transparent regulatory system and sound governance frameworks underpin its economic resilience...
A $2.7 billion fall in private sector inventories – mainly from the mining and wholesale trade sector – was a drag on GDP, shaving 0.3 percentage points off GDP growth in the December quarter. However, the strong increase in public sector inventories provided some offset. ...