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 | 1675 USD Billion | 2022 |
| GDP Annual Growth Rate | 2.1 % | 2Q/23 |
| GDP Growth Rate | 0.4 % | 2Q/23 |
| GDP per capita | 60798 USD | 2022 |
| Inflation Rate YoY | 6 % | 2Q/23 |
| Interest Rate | 4.1 % | Sep/23 |
| Unemployment Rate | 3.7 % | Aug/23 |
| Wages | 1399 AUD/Week | 3594.553 USD/Month | 2Q/23 |
| Balance of Trade | 8039 AUD Million | 5.164 B USD | Jul/23 |
| Current Account | 7721 AUD Million | 4.96 B USD | 2Q/23 |
| Foreign Exchange Reserves | 94876 AUD Million | 60.943 B USD | Aug/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 1675 USD Billion | 2022 |
| GDP Annual Growth Rate | 2.1 % | 2Q/23 |
| GDP Growth Rate | 0.4 % | 2Q/23 |
| GDP per capita | 60798 USD | 2022 |
| Gross National Product | 545376 AUD Million | 350.319 USD Billion | 2Q/23 |
| GDP Constant Prices | 560335 AUD Million | 359.927 B USD | 2Q/23 |
| GDP per capita PPP | 50998 USD | 2022 |
| GDP From Agriculture | 14505 AUD Million | 9.317 B USD | 2Q/23 |
| GDP From Construction | 40435 AUD Million | 25.973 B USD | 2Q/23 |
| GDP From Manufacturing | 29711 AUD Million | 19.085 B USD | 2Q/23 |
| GDP From Mining | 56909 AUD Million | 36.555 B USD | 2Q/23 |
| GDP From Public Administration | 28940 AUD Million | 18.589 B USD | 2Q/23 |
| GDP From Utilities | 12108 AUD Million | 7.777 B USD | 2Q/23 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 40.7 % | 2018 |
| Government Budget Value | 23999 AUD Million | 15.416 USD Billion | May/23 |
| Government Spending | 126613 AUD Million | 81.329 USD Billion | 2Q/23 |
| Government Revenues | 77415 AUD Million | 49.727 USD Billion | May/23 |
| Fiscal Expenditure | 53416 AUD Million | 34.311 B USD | May/23 |
| Government Budget to GDP | -1.4 % | 2022 |
| Military Expenditure | 32299 USD Million | 32.299 B USD | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 134 index points | 2Q/23 |
| Export Prices | 169 index points | 2Q/23 |
| Food Inflation | 7.5 % | 2Q/23 |
| Gasoline Prices | 1.32 USD/Liter | Aug/23 |
| GDP Deflator | 114 index points | 2Q/23 |
| Import Prices | 132 index points | 2Q/23 |
| Inflation Rate YoY | 6 % | 2Q/23 |
| Producer Prices | 125 index points | 2Q/23 |
| Inflation Rate Mom | 0.8 % | 2Q/23 |
| Core Consumer Prices | 132 Index Points | 2Q/23 |
| Core Inflation Rate | 5.9 % | 2Q/23 |
| CPI Housing Utilities | 143 Index Points | 2Q/23 |
| CPI Transportation | 127 Index Points | 2Q/23 |
| Inflation Expectations | 4.6 % | Sep/23 |
| Producer Prices Change | 3.9 % | 2Q/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 1.2 % | 2023 |
| Weapons Sales | 33 USD Million | 2022 |
| Balance of Trade | 8039 AUD Million | 5.164 USD Billion | Jul/23 |
| Capital Flows | -17180 AUD Million | -11.035 USD Billion | 2Q/23 |
| Current Account | 7721 AUD Million | 4.96 USD Billion | 2Q/23 |
| Exports | 53923 AUD Million | 34.637 USD Billion | Jul/23 |
| External Debt | 2260184 AUD Million | 1451.814 USD Billion | 2Q/23 |
| Foreign Exchange Reserves | 94876 AUD Million | 60.943 USD Billion | Aug/23 |
| Imports | 45885 AUD Million | 29.474 USD Billion | Jul/23 |
| Terms of Trade | 128 Index Points | 2Q/23 |
| Tourist Arrivals | 625120 Persons | 0.625 Million Persons | Jul/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 10.51 % | Aug/23 |
| Gold Reserves | 79.85 Tonnes | 2Q/23 |
| Interbank Rate | 4.07 % | Jul/23 |
| Interest Rate | 4.1 % | Sep/23 |
| Loans to Private Sector | 1091 AUD Billion | 700.797 USD Billion | Jul/23 |
| Money Supply M0 | 522 AUD Billion | 335.303 USD Billion | Jul/23 |
| Money Supply M1 | 1607 AUD Billion | 1032.246 USD Billion | Jul/23 |
| Money Supply M3 | 2875 AUD Billion | 1846.737 USD Billion | Jul/23 |
| Central Bank Balance Sheet | 559544 AUD Million | 359.419 B USD | |
| Deposit Interest Rate | 2.8 % | Aug/23 |
| Foreign Direct Investment | 88849 AUD Million | 57.072 B USD | 2022 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 883 AUD/Week | 2268.756 USD/Month | 2023 |
| Retirement Age Men | 66.5 | 2022 |
| Retirement Age Women | 66.5 | 2022 |
| Unemployment Rate | 3.7 % | Aug/23 |
| Wages | 1399 AUD/Week | 3594.553 USD/Month | 2Q/23 |
| Youth Unemployment Rate | 8.3 % | Aug/23 |
| Employed Persons | 14108 Thousand Person | 14.108 Million Person | Aug/23 |
| Employment Change | 64900 Thousand Person | 64.9 K Persons | Aug/23 |
| Employment Rate | 64.51 % | Aug/23 |
| Full Time Employment | 2800 Persons | 2.8 K Persons | Aug/23 |
| Job Advertisements | 1.9 | Aug/23 |
| Job Vacancies | 432 Thousand | 2Q/23 |
| Labor Force Participation Rate | 67 % | Aug/23 |
| 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 | 62077 Persons | 62.077 K Persons | Aug/23 |
| Unemployed Persons | 541 Thousand Persons | 0.541 Million Persons | Aug/23 |
| Wage Growth | 3.6 % | 2Q/23 |
| Wages High Skilled | 6120 AUD/Month | 4203.326 USD/Month | 2018 |
| Wages in Manufacturing | 1560 AUD/Week | 4008.222 USD/Month | 2Q/23 |
| Wages Low Skilled | 2710 AUD/Month | 1861.277 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 30 % | 2023 |
| Personal Income Tax Rate | 45 % | 2023 |
| Sales Tax Rate | 10 % | 2023 |
| Social Security Rate | 13 % | 2023 |
| Social Security Rate For Companies | 11 % | 2023 |
| Social Security Rate For Employees | 2 % | 2023 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 281 BBL/D/1K | May/23 |
| Industrial Production | 1.59 % | 2Q/23 |
| Mining Production | 2.43 % | 2Q/23 |
| Steel Production | 473 Thousand Tonnes | Dec/20 |
| Industrial Production (MoM) | -0.2 % | 2Q/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Bankruptcies | 374 companies | Aug/23 |
| Business Confidence | 2 index points | Aug/23 |
| Corruption Index | 75 index points | 2022 |
| Corruption Rank | 13 place | 2022 |
| Ease of Doing Business | 14 place | 2019 |
| Manufacturing PMI | 48.2 index points | Sep/23 |
| Manufacturing Production | 0.2 % | 2Q/23 |
| Services PMI | 50.5 index points | Sep/23 |
| Competitiveness Index | 78.75 Index Points | 2019 |
| Competitiveness Rank | 16 | 2019 |
| Composite PMI | 50.2 Index Points | Sep/23 |
| Corporate Profits | 131517 AUD Million | 84.479 B USD | 2Q/23 |
| Leading Economic Index | -0.04 % | Aug/23 |
| Small Business Sentiment | -3.79 Index Points | 2Q/23 |
| Total Vehicle Sales | 109966 Units | 0.11 M Units | Aug/23 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | 79.7 index points | Sep/23 |
| Private Debt To GDP | 179 % | 2022 |
| Retail Sales MoM | 0.5 % | Jul/23 |
| Retail Sales YoY | 2.1 % | Jul/23 |
| Consumer Credit | 2189 AUD Billion | 1406.089 USD Billion | Jul/23 |
| Consumer Spending | 288682 AUD Million | 185.433 USD Billion | 2Q/23 |
| Disposable Personal Income | 373962 AUD Million | 240.212 B USD | 2Q/23 |
| Households Debt To GDP | 111 % | 1Q/23 |
Housing Market
| Indicator | Data | Period |
|---|---|---|
| Construction Output | 0.4 % | 2Q/23 |
| Construction PMI | -5 Index Points | Feb/23 |
| New Home Sales | 4021 Units | Aug/23 |
