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Economy of Australia. Statistics, Data and Indicators

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Australia
97AAA Credit rank #12
188.70 Quality of life #7
13 Corruption rank#13
14 Ease of doing business#18
Australia


Australia Major Economic Indicators

Indicator Data Period
GDP Value 1553 USD Billion 2021
GDP Annual Growth Rate 5.9 % 3Q/22
GDP Growth Rate 0.6 % 3Q/22
GDP per capita 59341 USD 2021
Inflation Rate YoY 7.8 % 4Q/22
Interest Rate 3.1 % Jan/23
Unemployment Rate 3.5 % Dec/22
Wages 1345 AUD/Week | 3805.616 USD/Month 2Q/22
Balance of Trade 13201 AUD Million | 9.338 B USD Nov/22
Current Account -2278 AUD Million | -1.611 B USD 3Q/22
Foreign Exchange Reserves 85445 AUD Million | 60.441 B USD Dec/22


GDP Indicators

Indicator Data Period
GDP Value 1553 USD Billion 2021
GDP Annual Growth Rate 5.9 % 3Q/22
GDP Growth Rate 0.6 % 3Q/22
GDP per capita 59341 USD 2021
Gross National Product 533948 AUD Million | 377.695 USD Billion 3Q/22
GDP Constant Prices 552547 AUD Million | 390.852 B USD 3Q/22
GDP per capita PPP 49774 USD 2021
GDP From Agriculture  14806 AUD Million | 10.473 B USD 3Q/22
GDP From Construction  39667 AUD Million | 28.059 B USD 3Q/22
GDP From Manufacturing  29346 AUD Million | 20.758 B USD 3Q/22
GDP From Mining  55835 AUD Million | 39.496 B USD 3Q/22
GDP From Public Administration  28096 AUD Million | 19.874 B USD 3Q/22
GDP From Utilities  12233 AUD Million | 8.653 B USD 3Q/22


Budget Indicators

Indicator Data Period
Government Debt to GDP 40.7 % 2018
Government Budget Value 12029 AUD Million | 8.509 USD Billion Dec/22
Government Spending 125332 AUD Million | 88.655 USD Billion 3Q/22
Government Revenues 51093 AUD Million | 36.141 USD Billion Dec/22
Fiscal Expenditure  55280 AUD Million | 39.103 B USD Dec/22
Government Budget to GDP -1.5 % 2022
Military Expenditure 31754 USD Million | 31.754 B USD 2021


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 131 index points 4Q/22
Export Prices 182 index points 4Q/22
Food Inflation 9.2 % 4Q/22
Gasoline Prices 1.24 USD/Liter Jan/23
GDP Deflator 112 index points 3Q/22
Import Prices 138 index points 4Q/22
Inflation Rate YoY 7.8 % 4Q/22
Producer Prices 123 index points 4Q/22
Inflation Rate Mom 1.9 % 4Q/22
Core Consumer Prices 129 Index Points 4Q/22
Core Inflation Rate 6.9 % 4Q/22
CPI Housing Utilities 139 Index Points 4Q/22
CPI Transportation 126 Index Points 4Q/22
Inflation Expectations 5.6 % Jan/23
Producer Prices Change  5.8 % 4Q/22


Trade Indicators

Indicator Data Period
Current Account to GDP -0.4 % 2022
Weapons Sales 173 USD Million 2021
Balance of Trade 13201 AUD Million | 9.338 USD Billion Nov/22
Capital Flows 7868 AUD Million | 5.566 USD Billion 3Q/22
Current Account -2278 AUD Million | -1.611 USD Billion 3Q/22
Exports 59348 AUD Million | 41.981 USD Billion Nov/22
External Debt 2214883 AUD Million | 1566.728 USD Billion 3Q/22
Foreign Exchange Reserves 85445 AUD Million | 60.441 USD Billion Dec/22
Imports 46147 AUD Million | 32.643 USD Billion Nov/22
Terms of Trade  131 Index Points 4Q/22
Tourist Arrivals 505240 Persons | 0.505 Million Persons Nov/22


Money Indicators

Indicator Data Period
Bank Lending Rate 9.51 % Dec/22
Gold Reserves 79.85 Tonnes 3Q/22
Interbank Rate 1.22 % Sep/19
Interest Rate 3.1 % Jan/23
Loans to Private Sector 1208 AUD Billion | 854.495 USD Billion Nov/22
Money Supply M0 566 AUD Billion | 400.368 USD Billion Nov/22
Money Supply M1 1646 AUD Billion | 1164.321 USD Billion Nov/22
Money Supply M3 2810 AUD Billion | 1987.692 USD Billion Nov/22
Central Bank Balance Sheet 626642 AUD Million | 443.264 B USD
Deposit Interest Rate 1.4 % Dec/22
Foreign Direct Investment 33394 AUD Million | 23.622 B USD 2021


Labor Indicators

Indicator Data Period
Minimum Wages 813 AUD/Week | 2300.347 USD/Month 2022
Retirement Age Men 66.5 2022
Retirement Age Women 66.5 2022
Unemployment Rate 3.5 % Dec/22
Wages 1345 AUD/Week | 3805.616 USD/Month 2Q/22
Youth Unemployment Rate 7.67 % Dec/22
Employed Persons 13747 Thousand Person | 13.747 Million Person Dec/22
Employment Change  -14640 Thousand Person | -14.64 K Persons Dec/22
Employment Rate  64.3 % Dec/22
Full Time Employment 17566 Persons | 17.566 K Persons Dec/22
Job Advertisements 240000 Sep/22
Job Vacancies 444 Thousand 4Q/22
Labor Force Participation Rate 66.6 % Dec/22
Living Wage Family 2790 AUD/Month | 1916.222 USD/Month 2018
Living Wage Individual 1770 AUD/Month | 1215.668 USD/Month 2018
Part Time Employment -32206 Persons | -32.206 K Persons Dec/22
Unemployed Persons 500 Thousand Persons | 0.5 Million Persons Dec/22
Wage Growth  3.1 % 3Q/22
Wages High Skilled 6120 AUD/Month | 4203.326 USD/Month 2018
Wages in Manufacturing 1464 AUD/Week | 4142.322 USD/Month 2Q/22
Wages Low Skilled  2710 AUD/Month | 1861.277 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 314 BBL/D/1K Sep/22
Industrial Production 0.49 % 3Q/22
Mining Production -0.7 % 3Q/22
Steel Production 473 Thousand Tonnes Dec/20
Industrial Production (MoM) 0.4 % 3Q/22


Business Indicators

Indicator Data Period
Bankruptcies 604 companies Dec/22
Business Confidence -1 index points Dec/22
Corruption Index 75 index points 2022
Corruption Rank 13 place 2022
Ease of Doing Business 14 place 2019
Manufacturing PMI 44.7 index points Nov/22
Manufacturing Production 0.4 % 3Q/22
Services PMI 45.6 index points Nov/22
Competitiveness Index 78.75 Index Points 2019
Competitiveness Rank 16 2019
Composite PMI 48.2 Index Points Jan/23
Corporate Profits 132184 AUD Million | 93.502 B USD 3Q/22
Leading Economic Index  -0.1 % Dec/22
Small Business Sentiment 9.74 Index Points 3Q/22
Total Vehicle Sales 87920 Units | 0.088 M Units Dec/22


Consumer Indicators

Indicator Data Period
Consumer Confidence 84.3 index points Jan/23
Private Debt To GDP 190 % 2021
Retail Sales MoM -3.9 % Dec/22
Retail Sales YoY 7.5 % Dec/22
Consumer Credit 3494 AUD Billion | 2470.166 USD Billion Nov/22
Consumer Spending 287242 AUD Million | 203.073 USD Billion 3Q/22
Disposable Personal Income 369298 AUD Million | 261.084 B USD 3Q/22
Households Debt To GDP 117 % 2Q/22


Housing Market

Indicator Data Period
Construction Output 2.2 % 3Q/22
Construction PMI 48.2 Index Points Nov/22
New Home Sales  3444 Units Dec/22