GDP (nominal):$1.725 trillion (2022 est) GDP per capita: $66,408 (2022 est.) Religions: Christianity 43.9% No religion 38.9% Islam 3.2% Hinduism 2.7% Buddhism 2.4% Others 1.7% Unanswered 7.2% Largest Cities: Sydney Melbourne Brisbane ...
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, ...
February 2022 VOL.54 Understanding Australia's Labour Law & Employment Regulations Australia Australia is the thirteenth largest economy in the world. With a nominal GDP of A$2.1 trillion (US$1.7 trillion), Australia accounts for 1.6% of the global economy. In 2020, Australia was ranked 14th ...
Public Consumption: % of GDP (%) 20.4 Dec 2022 quarterly Sep 1959 - Dec 2022 Real GDP Growth (%) 2.7 Dec 2022 quarterly Sep 1960 - Dec 2022 Total Trade of Goods & Services: % of Nominal GDP (%) 45.089 Jun 2024 quarterly Sep 1959 - Jun 2024 Production Last Frequency Range Gol...
Gross Savings Rate (%) 29.6 Dec 2022 quarterly Sep 1959 - Dec 2022 Investment: % of GDP (%) 24.3 Dec 2023 quarterly Sep 1959 - Dec 2023 Nominal GDP (USD mn) 440,146.9 Mar 2023 quarterly Sep 1959 - Mar 2023 Nominal GDP Growth (%) 4.423 Dec 2023 quarterly Sep 1960 - Dec 2023...
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. ...
Growth was slower as the 2022-23 year closed. In brief: Australia’s economy is slowly finding its equilibrium again, following the collision of extreme events in recent years. Real GDP rose by just 2.1 per cent in the year to June 2023, a direct response to the Reserve Bank’s monetary...
The economy APAC macro performance has been resilient in recent quarters despite much tighter monetary conditions. Since December 2023, Oxford Economics has upgraded its 2024 growth forecasts twice and the positive revision was broad-based across most countries. 1Q24 GDP releases ...
Through this period, emerging market economies have grown, on average, almost 2 percentage points higher than developed economies (see Figure 4). This growth has not been achieved solely through increased spending. Gross government debt is still under 60% of GDP (gross domestic ...
The Australia Freight and Logistics Market is expected to reach USD 99.08 billion in 2025 and grow at a CAGR of 4.38% to reach USD 122.74 billion by 2030. Aurizon Holdings Limited, DHL Group, Japan Post Holdings Co., Ltd. (including Toll Group), Linfox P