External sectors, trade and payments | Current account balance as a percentage of GDP | Percentage |  | -4.355 | -3.368 | -3.073 | -4.667 | -3.268 | -2.577 | -2.230 | 0.447 | 2.406 | 3.090 | 0.932 | -0.248 | -0.383 |
Exchange rate, national currency per USD | Australian Dollar |  | 0.966 | 1.036 | 1.109 | 1.331 | 1.345 | 1.305 | 1.339 | 1.439 | 1.454 | 1.331 | 1.453 | 1.570 | 1.570 |
Exchange rate, USD per national currency | US Dollar |  | 1.035 | 0.967 | 0.902 | 0.753 | 0.744 | 0.767 | 0.748 | 0.695 | 0.690 | 0.752 | 0.690 | 0.637 | 0.637 |
Exports of goods and services, volume in USD (national accounts basis) | US Dollar, 2015 |  | 202 850 712 768.766 | 214 668 823 791.826 | 229 685 133 430.193 | 243 632 205 227.295 | 259 884 263 605.455 | 269 494 321 177.671 | 283 167 244 673.981 | 291 839 489 078.413 | 264 014 923 252.523 | 258 558 717 916.812 | 265 664 479 180.455 | 279 007 749 304.144 | 291 138 958 412.698 |
Goods and services trade, volume in USD | US Dollar, 2015 |  | 239 596 776 675.167 | 242 331 987 185.655 | 247 970 950 787.061 | 257 623 036 640.854 | 266 270 856 687.742 | 281 656 193 124.806 | 295 171 365 886.396 | 296 708 117 230.613 | 263 383 236 053.283 | 269 167 354 589.802 | 289 734 972 513.614 | 302 207 875 005.349 | 314 758 158 188.042 |
Imports of goods and services, volume in USD (national accounts basis) | US Dollar, 2015 |  | 276 342 840 581.567 | 269 995 150 579.484 | 266 256 768 143.929 | 271 613 868 054.414 | 272 657 449 770.028 | 293 818 065 071.942 | 307 175 487 098.810 | 301 576 745 382.814 | 262 751 548 854.043 | 279 775 991 262.792 | 313 805 465 846.774 | 325 408 000 706.554 | 338 377 357 963.385 |
Government accounts | General government gross financial assets as a percentage of GDP | Percentage |  | 42.597 | 45.530 | 47.476 | 50.741 | 54.440 | 55.618 | 55.425 | 55.074 | 61.411 | 58.417 | 58.417 | 58.417 | 58.417 |
General government gross financial liabilities as a percentage of GDP | Ratio |  | 33.520 | 34.984 | 39.203 | 40.867 | 43.260 | 44.216 | 44.473 | 46.974 | 66.458 | 63.675 | 66.332 | 68.753 | 71.045 |
General government net lending as a percentage of GDP | Percentage |  | -3.023 | -1.943 | -1.754 | -0.997 | -1.571 | -0.639 | -0.604 | -1.279 | -12.542 | -5.306 | -3.184 | -2.783 | -2.665 |
General government primary balance as a percentage of GDP | Percentage |  | -2.809 | -1.575 | -1.279 | -0.622 | -1.190 | -0.177 | -0.074 | -1.061 | -12.439 | -5.085 | -1.912 | -1.178 | -0.945 |
Expenditure and GDP | Change in inventories, contributions to changes in real GDP | Percentage, 2019-20 |  | -0.001 | -0.005 | 0.001 | 0.001 | 0.001 | -0.001 | 0.001 | -0.003 | -0.002 | 0.007 | -0.012 | -0.004 | 0.000 |
Exports of goods and services, volume (national accounts basis) | Australian Dollar, 2019-20 |  | 341 108 000 000.000 | 360 981 000 000.000 | 386 232 000 000.000 | 409 685 000 000.000 | 437 014 000 000.000 | 453 174 000 000.000 | 476 166 000 000.000 | 490 749 000 000.000 | 443 960 000 000.000 | 434 785 000 000.000 | 446 733 846 420.281 | 469 171 510 667.188 | 489 571 007 519.426 |
Government final consumption expenditure, volume | Australian Dollar, 2019-20 |  | 308 464 000 000.000 | 313 488 000 000.000 | 315 709 000 000.000 | 328 786 000 000.000 | 346 487 000 000.000 | 359 902 000 000.000 | 374 761 000 000.000 | 398 853 000 000.000 | 427 818 000 000.000 | 450 719 000 000.000 | 475 179 110 520.791 | 480 981 889 173.620 | 487 452 464 550.119 |
Gross capital formation, total, volume | Australian Dollar, 2019-20 |  | 499 228 000 000.000 | 480 505 000 000.000 | 470 729 000 000.000 | 453 206 000 000.000 | 443 974 000 000.000 | 457 565 000 000.000 | 470 565 000 000.000 | 452 930 000 000.000 | 435 178 000 000.000 | 491 878 000 000.000 | 505 710 975 783.176 | 508 904 728 718.707 | 515 481 971 345.385 |
Gross domestic product, nominal value, market prices | Australian Dollar |  | 1 515 121 000 000.000 | 1 568 749 000 000.000 | 1 613 110 000 000.000 | 1 638 332 000 000.000 | 1 699 873 000 000.000 | 1 802 734 000 000.000 | 1 895 284 000 000.000 | 1 995 038 000 000.000 | 1 968 892 000 000.000 | 2 177 395 000 000.000 | 2 419 527 026 511.720 | 2 535 687 536 143.000 | 2 630 733 941 289.260 |
Gross domestic product, volume in USD, at constant purchasing power parities | US Dollar, 2015 |  | 1 037 606 008 646.030 | 1 060 124 414 354.360 | 1 086 864 026 720.020 | 1 111 735 978 500.260 | 1 141 825 385 769.110 | 1 169 328 707 312.540 | 1 202 295 486 820.110 | 1 225 860 932 915.610 | 1 198 817 183 161.050 | 1 257 822 284 395.060 | 1 308 504 646 258.110 | 1 333 513 841 262.980 | 1 355 497 797 646.540 |
Gross domestic product, volume in USD, constant exchange rates | US Dollar, 2015 |  | 1 150 787 287 027.180 | 1 175 761 983 392.990 | 1 205 418 332 444.580 | 1 233 003 297 907.150 | 1 266 374 834 955.550 | 1 296 878 198 004.220 | 1 333 440 968 878.140 | 1 359 576 916 004.370 | 1 329 583 254 487.600 | 1 395 024 587 521.570 | 1 451 235 343 070.890 | 1 478 972 522 145.200 | 1 503 354 471 858.240 |
Gross domestic product, volume, market prices | Australian Dollar, 2019-20 |  | 1 695 583 000 000.000 | 1 732 381 000 000.000 | 1 776 077 000 000.000 | 1 816 721 000 000.000 | 1 865 891 000 000.000 | 1 910 835 000 000.000 | 1 964 707 000 000.000 | 2 003 216 000 000.000 | 1 959 023 000 000.000 | 2 055 445 000 000.000 | 2 138 266 562 769.250 | 2 179 134 836 025.770 | 2 215 059 476 405.740 |
Gross fixed capital formation, total, volume | Australian Dollar, 2019-20 |  | 492 189 000 000.000 | 481 661 000 000.000 | 470 201 000 000.000 | 451 458 000 000.000 | 441 037 000 000.000 | 456 029 000 000.000 | 467 565 000 000.000 | 455 272 000 000.000 | 441 958 000 000.000 | 485 155 000 000.000 | 525 199 054 459.094 | 537 978 396 275.615 | 545 096 388 241.894 |
Imports of goods and services, volume (national accounts basis) | Australian Dollar, 2019-20 |  | 391 113 000 000.000 | 382 129 000 000.000 | 376 838 000 000.000 | 384 420 000 000.000 | 385 897 000 000.000 | 415 846 000 000.000 | 434 751 000 000.000 | 426 827 000 000.000 | 371 877 000 000.000 | 395 972 000 000.000 | 444 134 528 346.873 | 460 555 804 928.755 | 478 911 569 869.566 |
Net exports, contributions to changes in real GDP | Percentage, 2019-20 |  | 0.000 | 0.017 | 0.017 | 0.008 | 0.012 | -0.009 | 0.001 | 0.011 | 0.004 | -0.017 | -0.016 | 0.005 | 0.003 |
Private final consumption expenditure, volume | Australian Dollar, 2019-20 |  | 937 106 000 000.000 | 952 963 000 000.000 | 977 157 000 000.000 | 1 000 864 000 000.000 | 1 026 895 000 000.000 | 1 051 766 000 000.000 | 1 077 270 000 000.000 | 1 086 284 000 000.000 | 1 023 549 000 000.000 | 1 075 068 000 000.000 | 1 150 140 057 203.090 | 1 173 349 658 950.880 | 1 191 802 553 047.240 |
Selected variables: ready-made growth rates | Core inflation | Percentage, 2019-20 |  | 2.170 | 2.494 | 2.434 | 2.117 | 1.543 | 1.701 | 1.651 | 1.624 | 1.252 | 2.389 | 5.829 | 4.626 | 2.484 |
Exports of goods and services, volume, growth (national accounts basis) | Percentage, 2019-20 |  | 5.933 | 5.826 | 6.995 | 6.072 | 6.671 | 3.698 | 5.074 | 3.063 | -9.534 | -2.067 | 2.748 | 5.023 | 4.348 |
Government final consumption expenditure, volume, growth | Percentage, 2019-20 |  | 1.724 | 1.629 | 0.708 | 4.142 | 5.384 | 3.872 | 4.129 | 6.429 | 7.262 | 5.353 | 5.427 | 1.221 | 1.345 |
Gross domestic product, market prices, deflator, growth | Percentage, 2019-20 |  | -0.693 | 1.340 | 0.298 | -0.709 | 1.022 | 3.557 | 2.251 | 3.240 | 0.916 | 5.402 | 6.816 | 2.835 | 2.066 |
Gross domestic product, nominal value, growth | Percentage |  | 3.188 | 3.540 | 2.828 | 1.564 | 3.756 | 6.051 | 5.134 | 5.263 | -1.311 | 10.590 | 11.120 | 4.801 | 3.748 |
Gross domestic product, volume, growth | Percentage, 2019-20 |  | 3.909 | 2.170 | 2.522 | 2.288 | 2.707 | 2.409 | 2.819 | 1.960 | -2.206 | 4.922 | 4.029 | 1.911 | 1.649 |
Gross fixed capital formation, total, volume, growth | Percentage, 2019-20 |  | 10.024 | -2.139 | -2.379 | -3.986 | -2.308 | 3.399 | 2.530 | -2.629 | -2.924 | 9.774 | 8.254 | 2.433 | 1.323 |
Headline inflation | Percentage, 2019-20 |  | 1.686 | 2.450 | 2.513 | 1.485 | 1.277 | 1.995 | 1.933 | 1.566 | 0.912 | 2.776 | 6.483 | 4.534 | 2.484 |
Imports of goods and services, volume, growth (national accounts basis) | Percentage, 2019-20 |  | 6.291 | -2.297 | -1.385 | 2.012 | 0.384 | 7.761 | 4.546 | -1.823 | -12.874 | 6.479 | 12.163 | 3.697 | 3.986 |
Private final consumption expenditure, volume, growth | Percentage, 2019-20 |  | 2.665 | 1.692 | 2.539 | 2.426 | 2.601 | 2.422 | 2.425 | 0.837 | -5.775 | 5.033 | 6.983 | 2.018 | 1.573 |
Household sector accounts | Net disposable income of households and non-profit institutions serving households | Australian Dollar |  | 894 403 000 000.000 | 936 030 000 000.000 | 983 288 000 000.000 | 1 010 905 000 000.000 | 1 032 886 000 000.000 | 1 064 542 000 000.000 | 1 109 069 000 000.000 | 1 157 179 000 000.000 | 1 241 386 000 000.000 | 1 287 626 000 000.000 | 1 351 428 962 012.210 | 1 418 684 440 337.170 | 1 466 210 018 101.200 |
Prices and deflators | Consumer price index | Index, 2019-20 |  | 0.877 | 0.899 | 0.921 | 0.935 | 0.947 | 0.966 | 0.985 | 1.000 | 1.009 | 1.037 | 1.104 | 1.154 | 1.183 |
Core inflation index | Index, 2019-20 |  | 0.874 | 0.896 | 0.918 | 0.937 | 0.952 | 0.968 | 0.984 | 1.000 | 1.013 | 1.037 | 1.097 | 1.148 | 1.176 |
Exports of goods and services, deflator (national accounts basis) | Index, 2019-20 |  | 0.899 | 0.898 | 0.863 | 0.790 | 0.771 | 0.853 | 0.920 | 1.003 | 0.983 | 1.195 | 1.447 | 1.440 | 1.447 |
Gross domestic product, market prices, deflator | Index, 2019-20 |  | 0.894 | 0.906 | 0.908 | 0.902 | 0.911 | 0.943 | 0.965 | 0.996 | 1.005 | 1.059 | 1.132 | 1.164 | 1.188 |
Imports of goods and services, deflator (national accounts basis) | Index, 2019-20 |  | 0.843 | 0.874 | 0.909 | 0.939 | 0.911 | 0.908 | 0.959 | 0.994 | 0.975 | 1.007 | 1.177 | 1.243 | 1.268 |
Purchasing power parity, national currency per USD | Australian Dollar |  | 1.540 | 1.447 | 1.452 | 1.474 | 1.450 | 1.478 | 1.470 | 1.483 | 1.446 | 1.439 | 1.447 | 1.450 | 1.450 |
Labour markets | Labour force | Persons |  | 11 976 398.623 | 12 144 317.494 | 12 286 800.816 | 12 524 529.495 | 12 698 137.695 | 12 977 605.645 | 13 288 106.730 | 13 575 248.149 | 13 550 137.994 | 13 769 485.064 | 14 085 894.041 | 14 294 184.372 | 14 466 488.015 |
Total employment (labour force survey basis) | Persons |  | 11 350 802.388 | 11 456 709.184 | 11 540 161.675 | 11 766 268.115 | 11 973 086.549 | 12 252 011.392 | 12 584 064.427 | 12 875 075.025 | 12 675 395.245 | 13 065 035.641 | 13 568 067.510 | 13 791 165.252 | 13 884 508.512 |
Unemployment rate | Percentage |  | 5.224 | 5.662 | 6.077 | 6.054 | 5.710 | 5.591 | 5.298 | 5.158 | 6.456 | 5.116 | 3.676 | 3.519 | 4.023 |
Monetary data | Long-term interest rate on government bonds | Percentage |  | 3.379 | 3.697 | 3.657 | 2.711 | 2.337 | 2.639 | 2.684 | 1.493 | 0.921 | 1.470 | 3.215 | 4.050 | 3.913 |
Short-term interest rate | Percentage |  | 3.728 | 2.778 | 2.678 | 2.256 | 1.987 | 1.740 | 1.948 | 1.344 | 0.257 | 0.028 | 1.754 | 3.855 | 3.780 |