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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
18 Corruption rank#13
14 Ease of doing business#18
Australia


Australia Major Economic Indicators

Indicator Data Period
GDP Value 1543 USD Billion 2021
GDP Annual Growth Rate 3.6 % 2Q/22
GDP Growth Rate 0.9 % 2Q/22
GDP per capita 58780 USD 2021
Inflation Rate YoY 6.1 % 2Q/22
Interest Rate 2.6 % Oct/22
Unemployment Rate 3.5 % Aug/22
Wages 1345 AUD/Week | 3424.614 USD/Month 2Q/22
Balance of Trade 8324 AUD Million | 5.299 B USD Aug/22
Current Account 18224 AUD Million | 11.6 B USD 2Q/22
Foreign Exchange Reserves 80573 AUD Million | 51.288 B USD Aug/22


GDP Indicators

Indicator Data Period
GDP Value 1543 USD Billion 2021
GDP Annual Growth Rate 3.6 % 2Q/22
GDP Growth Rate 0.9 % 2Q/22
GDP per capita 58780 USD 2021
Gross National Product 544567 AUD Million | 346.642 USD Billion 2Q/22
GDP Constant Prices 533092 AUD Million | 339.337 B USD 2Q/22
GDP per capita PPP 49309 USD 2021
GDP From Agriculture  15661 AUD Million | 9.969 B USD 2Q/22
GDP From Construction  37029 AUD Million | 23.571 B USD 2Q/22
GDP From Manufacturing  29315 AUD Million | 18.66 B USD 2Q/22
GDP From Mining  48865 AUD Million | 31.105 B USD 2Q/22
GDP From Public Administration  28364 AUD Million | 18.055 B USD 2Q/22
GDP From Utilities  12394 AUD Million | 7.889 B USD 2Q/22


Budget Indicators

Indicator Data Period
Government Debt to GDP 40.7 % 2018
Government Budget Value 16234 AUD Million | 10.334 USD Billion May/22
Government Spending 118002 AUD Million | 75.114 USD Billion 2Q/22
Government Revenues 65965 AUD Million | 41.99 USD Billion May/22
Fiscal Expenditure  49731 AUD Million | 31.656 B USD May/22
Government Budget to GDP -7.8 % 2021
Military Expenditure 31754 USD Million | 31.754 B USD 2021


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 126 index points 2Q/22
Export Prices 190 index points 2Q/22
Food Inflation 5.9 % 2Q/22
Gasoline Prices 1.13 USD/Liter Sep/22
GDP Deflator 114 index points 2Q/22
Import Prices 132 index points 2Q/22
Inflation Rate YoY 6.1 % 2Q/22
Producer Prices 120 index points 2Q/22
Inflation Rate Mom 1.8 % 2Q/22
Core Consumer Prices 125 Index Points 2Q/22
Core Inflation Rate 4.9 % 2Q/22
CPI Housing Utilities 132 Index Points 2Q/22
CPI Transportation 124 Index Points 2Q/22
Inflation Expectations 5.4 % Sep/22
Producer Prices Change  5.6 % 2Q/22


Trade Indicators

Indicator Data Period
Current Account to GDP 3.2 % 2022
Weapons Sales 396 USD Million 2020
Balance of Trade 8324 AUD Million | 5.299 USD Billion Aug/22
Capital Flows -18883 AUD Million | -12.02 USD Billion 2Q/22
Current Account 18224 AUD Million | 11.6 USD Billion 2Q/22
Exports 56774 AUD Million | 36.139 USD Billion Aug/22
External Debt 2195484 AUD Million | 1397.525 USD Billion 2Q/22
Foreign Exchange Reserves 80573 AUD Million | 51.288 USD Billion Aug/22
Imports 48450 AUD Million | 30.841 USD Billion Aug/22
Terms of Trade  144 Index Points 2Q/22
Tourist Arrivals 325680 Persons | 0.326 Million Persons Jul/22


Money Indicators

Indicator Data Period
Bank Lending Rate 8.32 % Aug/22
Gold Reserves 79.85 Tonnes 2Q/22
Interbank Rate 1.22 % Sep/19
Interest Rate 2.6 % Oct/22
Loans to Private Sector 1175 AUD Billion | 747.941 USD Billion Aug/22
Money Supply M0 565 AUD Billion | 359.648 USD Billion Aug/22
Money Supply M1 1652 AUD Billion | 1051.573 USD Billion Aug/22
Money Supply M3 2773 AUD Billion | 1765.14 USD Billion Aug/22
Central Bank Balance Sheet 616591 AUD Million | 392.488 B USD
Deposit Interest Rate 0.3 % Aug/22
Foreign Direct Investment 33394 AUD Million | 21.257 B USD 2021


Labor Indicators

Indicator Data Period
Minimum Wages 812 AUD/Week | 2067.499 USD/Month 2022
Retirement Age Men 66.5 2022
Retirement Age Women 66.5 2022
Unemployment Rate 3.5 % Aug/22
Wages 1345 AUD/Week | 3424.614 USD/Month 2Q/22
Youth Unemployment Rate 8.43 % Aug/22
Employed Persons 13592 Thousand Person | 13.592 Million Person Aug/22
Employment Change  33500 Thousand Person | 33.5 K Persons Aug/22
Employment Rate  64.28 % Aug/22
Full Time Employment 58800 Persons | 58.8 K Persons Aug/22
Job Advertisements 240000 Sep/22
Job Vacancies 471 Thousand 3Q/22
Labor Force Participation Rate 66.6 % Aug/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 -25300 Persons | -25.3 K Persons Aug/22
Unemployed Persons 488 Thousand Persons | 0.488 Million Persons Aug/22
Wage Growth  2.6 % 2Q/22
Wages High Skilled 6120 AUD/Month | 4203.326 USD/Month 2018
Wages in Manufacturing 1464 AUD/Week | 3727.61 USD/Month 2Q/22
Wages Low Skilled  2710 AUD/Month | 1861.277 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 341 BBL/D/1K May/22
Industrial Production 0.4 % 2Q/22
Mining Production -1.03 % 2Q/22
Steel Production 473 Thousand Tonnes Dec/20
Industrial Production (MoM) -0.4 % 1Q/22


Business Indicators

Indicator Data Period
Bankruptcies 717 companies Jul/22
Business Confidence 10 index points Aug/22
Corruption Index 73 index points 2021
Corruption Rank 18 place 2021
Ease of Doing Business 14 place 2019
Manufacturing PMI 50.2 index points Sep/22
Manufacturing Production 0.39 % 2Q/22
Services PMI 53.3 index points Aug/22
Competitiveness Index 78.75 Index Points 2019
Competitiveness Rank 16 2019
Composite PMI 50.9 Index Points Sep/22
Corporate Profits 150588 AUD Million | 95.856 B USD 2Q/22
Leading Economic Index  -0.05 % Aug/22
Small Business Sentiment 2.21 Index Points 2Q/22
Total Vehicle Sales 95256 Units | 0.095 M Units Aug/22


Consumer Indicators

Indicator Data Period
Consumer Confidence 84.4 index points Sep/22
Private Debt To GDP 190 % 2021
Retail Sales MoM 0.6 % Aug/22
Retail Sales YoY 19.2 % Aug/22
Consumer Credit 3432 AUD Billion | 2184.624 USD Billion Aug/22
Consumer Spending 287574 AUD Million | 183.054 USD Billion 2Q/22
Disposable Personal Income 366710 AUD Million | 233.428 B USD 2Q/22
Households Debt To GDP 118 % 1Q/22


Housing Market

Indicator Data Period
Construction Output -3.8 % 2Q/22
Construction PMI 46.5 Index Points Sep/22
New Home Sales  4833 Units Aug/22