External sectors, trade and payments | Current account balance as a percentage of GDP | Percentage |  | -4.290 | -3.379 | -3.115 | -4.654 | -3.242 | -2.579 | -2.094 | 0.609 | 2.340 | 1.647 | 1.440 |
Exchange rate, national currency per USD | Australian Dollar |  | 0.966 | 1.036 | 1.109 | 1.331 | 1.345 | 1.305 | 1.339 | 1.439 | 1.465 | 1.423 | 1.423 |
Exchange rate, USD per national currency | US Dollar |  | 1.035 | 0.967 | 0.902 | 0.753 | 0.744 | 0.767 | 0.748 | 0.695 | 0.684 | 0.703 | 0.703 |
Exports of goods and services, volume in USD (national accounts basis) | US Dollar, 2015 |  | 202 456 700 473.754 | 214 117 232 571.389 | 228 945 246 347.520 | 243 334 780 749.181 | 260 106 788 371.755 | 269 792 447 793.759 | 283 376 387 851.711 | 292 351 148 006.185 | 265 284 052 213.906 | 267 953 264 741.879 | 278 115 424 661.151 |
Goods and services trade, volume in USD | US Dollar, 2015 |  | 239 200 908 910.211 | 242 229 827 905.555 | 247 804 195 577.430 | 257 313 335 258.599 | 266 156 092 911.461 | 281 666 840 863.654 | 294 562 251 045.325 | 297 122 772 579.840 | 264 428 876 633.006 | 274 524 178 545.770 | 287 647 491 002.161 |
Imports of goods and services, volume in USD (national accounts basis) | US Dollar, 2015 |  | 275 945 117 346.669 | 270 342 423 239.720 | 266 663 144 807.340 | 271 291 889 768.018 | 272 205 397 451.166 | 293 541 233 933.548 | 305 748 114 238.938 | 301 894 397 153.495 | 263 573 701 052.106 | 281 095 092 349.661 | 297 179 557 343.172 |
Government accounts | General government gross financial assets as a percentage of GDP | Percentage |  | 41.821 | 44.647 | 46.438 | 49.251 | 52.485 | 53.534 | 53.800 | 54.449 | 54.006 | 54.006 | 54.006 |
General government gross financial liabilities as a percentage of GDP | Ratio |  | 34.144 | 35.563 | 39.487 | 40.702 | 42.717 | 43.615 | 43.520 | 45.847 | 57.748 | 64.129 | 68.768 |
General government net lending as a percentage of GDP | Percentage |  | -3.050 | -2.000 | -1.807 | -1.096 | -1.693 | -0.735 | 0.181 | -0.181 | -12.664 | -6.546 | -5.068 |
General government primary balance as a percentage of GDP | Percentage |  | -2.935 | -1.713 | -1.411 | -0.805 | -1.398 | -0.365 | 0.578 | -0.031 | -12.496 | -6.329 | -4.827 |
Expenditure and GDP | Change in inventories, contributions to changes in real GDP | Percentage, 2017-18 |  | -0.001 | -0.005 | 0.001 | 0.001 | 0.001 | -0.001 | 0.001 | -0.002 | 0.009 | 0.004 | 0.000 |
Exports of goods and services, volume (national accounts basis) | Australian Dollar, 2017-18 |  | 295 042 000 000.000 | 312 035 000 000.000 | 333 644 000 000.000 | 354 614 000 000.000 | 379 056 000 000.000 | 393 171 000 000.000 | 412 967 000 000.000 | 426 046 000 000.000 | 386 600 873 915.962 | 390 490 741 728.859 | 405 300 150 258.613 |
Government final consumption expenditure, volume | Australian Dollar, 2017-18 |  | 292 105 000 000.000 | 296 372 000 000.000 | 298 300 000 000.000 | 309 950 000 000.000 | 325 979 000 000.000 | 338 833 000 000.000 | 352 462 000 000.000 | 371 598 000 000.000 | 400 441 463 018.352 | 419 130 950 690.559 | 422 797 824 260.367 |
Gross capital formation, total, volume | Australian Dollar, 2017-18 |  | 481 493 000 000.000 | 463 450 000 000.000 | 454 010 000 000.000 | 437 078 000 000.000 | 428 287 000 000.000 | 441 996 000 000.000 | 454 345 000 000.000 | 440 751 000 000.000 | 414 923 731 461.405 | 431 364 836 707.499 | 449 226 092 480.311 |
Gross domestic product, nominal value, market prices | Australian Dollar |  | 1 515 246 000 000.000 | 1 568 255 000 000.000 | 1 613 980 000 000.000 | 1 640 443 000 000.000 | 1 703 469 000 000.000 | 1 808 288 000 000.000 | 1 900 615 000 000.000 | 1 995 065 000 000.000 | 1 923 602 162 889.430 | 2 011 889 788 179.750 | 2 100 990 453 042.840 |
Gross domestic product, volume in USD, at constant purchasing power parities | US Dollar, 2015 |  | 1 039 067 483 296.890 | 1 060 890 395 063.090 | 1 087 945 117 643.390 | 1 112 879 705 353.130 | 1 143 576 298 454.620 | 1 172 139 887 885.120 | 1 204 661 276 887.330 | 1 226 515 717 214.580 | 1 179 581 407 813.670 | 1 217 792 077 873.340 | 1 255 038 529 547.880 |
Gross domestic product, volume in USD, constant exchange rates | US Dollar, 2015 |  | 1 152 711 085 104.720 | 1 176 920 785 347.030 | 1 206 934 503 535.760 | 1 234 596 206 088.840 | 1 268 650 108 950.630 | 1 300 337 719 905.840 | 1 336 415 997 985.430 | 1 360 660 675 091.530 | 1 308 593 124 535.040 | 1 350 982 924 673.250 | 1 392 303 049 127.360 |
Gross domestic product, volume, market prices | Australian Dollar, 2017-18 |  | 1 614 863 000 000.000 | 1 648 779 000 000.000 | 1 690 826 000 000.000 | 1 729 578 000 000.000 | 1 777 285 000 000.000 | 1 821 677 000 000.000 | 1 872 220 000 000.000 | 1 906 185 000 000.000 | 1 833 242 211 489.670 | 1 892 627 187 226.560 | 1 950 513 626 420.720 |
Gross fixed capital formation, total, volume | Australian Dollar, 2017-18 |  | 474 764 000 000.000 | 464 582 000 000.000 | 453 523 000 000.000 | 435 457 000 000.000 | 425 482 000 000.000 | 440 924 000 000.000 | 452 110 000 000.000 | 442 889 000 000.000 | 399 998 195 684.568 | 408 416 478 762.590 | 424 115 935 276.740 |
Imports of goods and services, volume (national accounts basis) | Australian Dollar, 2017-18 |  | 360 674 000 000.000 | 353 351 000 000.000 | 348 542 000 000.000 | 354 592 000 000.000 | 355 786 000 000.000 | 383 673 000 000.000 | 399 628 000 000.000 | 394 591 000 000.000 | 344 503 943 274.482 | 367 405 273 602.844 | 388 428 469 747.247 |
Net exports, contributions to changes in real GDP | Percentage, 2017-18 |  | 0.001 | 0.016 | 0.017 | 0.009 | 0.013 | -0.009 | 0.002 | 0.010 | 0.004 | -0.010 | -0.003 |
Private final consumption expenditure, volume | Australian Dollar, 2017-18 |  | 914 155 000 000.000 | 931 058 000 000.000 | 954 468 000 000.000 | 977 654 000 000.000 | 1 003 549 000 000.000 | 1 028 478 000 000.000 | 1 055 628 000 000.000 | 1 070 785 000 000.000 | 990 665 285 737.979 | 1 037 209 857 176.100 | 1 080 491 360 448.230 |
Selected variables: ready-made growth rates | Core inflation | Percentage, 2017-18 |  | 2.170 | 2.494 | 2.434 | 2.117 | 1.543 | 1.701 | 1.651 | 1.624 | 1.058 | 1.256 | 1.617 |
Exports of goods and services, volume, growth (national accounts basis) | Percentage, 2017-18 |  | 5.930 | 5.760 | 6.925 | 6.285 | 6.893 | 3.724 | 5.035 | 3.167 | -9.258 | 1.006 | 3.793 |
Government final consumption expenditure, volume, growth | Percentage, 2017-18 |  | 1.480 | 1.461 | 0.651 | 3.905 | 5.171 | 3.943 | 4.022 | 5.429 | 7.762 | 4.667 | 0.875 |
Gross domestic product, market prices, deflator, growth | Percentage, 2017-18 |  | -0.655 | 1.369 | 0.356 | -0.638 | 1.055 | 3.566 | 2.268 | 3.099 | 0.254 | 1.308 | 1.330 |
Gross domestic product, nominal value, growth | Percentage |  | 3.249 | 3.498 | 2.916 | 1.640 | 3.842 | 6.153 | 5.106 | 4.969 | -3.582 | 4.590 | 4.429 |
Gross domestic product, volume, growth | Percentage, 2017-18 |  | 3.930 | 2.100 | 2.550 | 2.292 | 2.758 | 2.498 | 2.775 | 1.814 | -3.827 | 3.239 | 3.059 |
Gross fixed capital formation, total, volume, growth | Percentage, 2017-18 |  | 10.032 | -2.145 | -2.380 | -3.983 | -2.291 | 3.629 | 2.537 | -2.040 | -9.684 | 2.105 | 3.844 |
Headline inflation | Percentage, 2017-18 |  | 1.712 | 2.475 | 2.488 | 1.485 | 1.277 | 1.995 | 1.911 | 1.610 | 0.731 | 1.579 | 1.636 |
Imports of goods and services, volume, growth (national accounts basis) | Percentage, 2017-18 |  | 5.695 | -2.030 | -1.361 | 1.736 | 0.337 | 7.838 | 4.158 | -1.260 | -12.693 | 6.648 | 5.722 |
Private final consumption expenditure, volume, growth | Percentage, 2017-18 |  | 2.511 | 1.849 | 2.514 | 2.429 | 2.649 | 2.484 | 2.640 | 1.436 | -7.482 | 4.698 | 4.173 |
Household sector accounts | Net disposable income of households and non-profit institutions serving households | Australian Dollar |  | 907 829 000 000.000 | 948 889 000 000.000 | 995 833 000 000.000 | 1 021 972 000 000.000 | 1 041 987 000 000.000 | 1 069 953 000 000.000 | 1 103 963 000 000.000 | 1 141 457 000 000.000 | 1 201 162 315 874.660 | 1 234 098 754 241.610 | 1 263 327 364 480.990 |
Prices and deflators | Consumer price index | Index, 2017-18 |  | 0.908 | 0.931 | 0.954 | 0.968 | 0.980 | 1.000 | 1.019 | 1.036 | 1.043 | 1.060 | 1.077 |
Core inflation index | Index, 2017-18 |  | 0.903 | 0.926 | 0.948 | 0.968 | 0.983 | 1.000 | 1.017 | 1.033 | 1.044 | 1.057 | 1.074 |
Exports of goods and services, deflator (national accounts basis) | Index, 2017-18 |  | 1.038 | 1.037 | 0.996 | 0.912 | 0.889 | 0.984 | 1.061 | 1.156 | 1.134 | 1.147 | 1.162 |
Gross domestic product, market prices, deflator | Index, 2017-18 |  | 0.938 | 0.951 | 0.955 | 0.948 | 0.958 | 0.993 | 1.015 | 1.047 | 1.049 | 1.063 | 1.077 |
Imports of goods and services, deflator (national accounts basis) | Index, 2017-18 |  | 0.913 | 0.946 | 0.985 | 1.017 | 0.987 | 0.984 | 1.039 | 1.077 | 1.055 | 1.049 | 1.060 |
Purchasing power parity, national currency per USD | Australian Dollar |  | 1.540 | 1.447 | 1.452 | 1.474 | 1.450 | 1.466 | 1.451 | 1.440 | 1.433 | 1.432 | 1.432 |
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 | 13 571 353.647 | 13 541 862.833 | 13 854 484.842 | 14 051 907.631 |
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 | 12 871 222.750 | 12 626 433.665 | 12 755 597.439 | 13 018 831.593 |
Unemployment rate | Percentage |  | 5.224 | 5.662 | 6.077 | 6.054 | 5.710 | 5.591 | 5.298 | 5.159 | 6.760 | 7.932 | 7.352 |
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 | 0.888 | 0.740 | 0.840 |
Short-term interest rate | Percentage |  | 3.728 | 2.780 | 2.678 | 2.256 | 1.988 | 1.740 | 1.948 | 1.344 | 0.255 | 0.020 | 0.020 |