Economy of Australia. Statistics, Data and Indicators
Australia
| 97AAA | Credit rank #12 |
| 188.70 | Quality of life #7 |
| 13 | Corruption rank#13 |
| 14 | Ease of doing business#18 |
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
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 30 % | 2022 |
| Personal Income Tax Rate | 45 % | 2022 |
| Sales Tax Rate | 10 % | 2022 |
| Social Security Rate | 11.5 % | 2021 |
| Social Security Rate For Companies | 9.5 % | 2021 |
| Social Security Rate For Employees | 2 % | 2022 |
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 |
