With COVID-19 extraordinary uncertainty, this Economic Outlook presents two possible scenarios, Please check the other forecast scenario: Single-hit

CountryInformation on item
FrequencyAnnual
Time200220032004200520062007200820092010201120122013201420152016
VariableUnit
External sectors, trade and paymentsCurrent account balance as a percentage of GDPInformation on itemPercentageInformation on item-3.854-5.392-6.364-5.947-5.858-6.745-4.681-4.745-3.628-3.055-4.290-3.379-3.115-4.654-3.243
Exchange rate, national currency per USDInformation on itemAustralian DollarInformation on item1.8411.5421.3591.3131.3281.1951.1981.2821.0900.9690.9661.0361.1091.3311.345
Imports of goods and services, volume in USD (national accounts basis)Information on itemUS Dollar, 2015Information on item116 747 819 967.076129 600 447 036.291149 748 904 317.545163 317 648 949.519177 571 142 746.738201 258 873 367.012222 077 543 239.053204 212 093 230.526236 038 775 381.385261 076 877 260.493275 945 497 682.133270 342 795 852.985266 663 512 349.452271 292 263 689.934272 205 772 632.171
Goods and services trade, volume in USDInformation on itemUS Dollar, 2015Information on item133 708 520 924.075139 013 253 739.903152 019 237 425.490161 373 741 636.362171 282 310 641.997186 026 023 072.086200 141 480 652.419193 228 904 706.637213 954 509 826.608226 099 586 161.246239 200 469 376.461242 229 348 242.928247 803 667 259.625257 312 765 374.899266 155 471 491.295
Exports of goods and services, volume in USD (national accounts basis)Information on itemUS Dollar, 2015Information on item150 669 221 881.075148 426 060 443.515154 289 570 533.434159 429 834 323.204164 993 478 537.255170 793 172 777.161178 205 418 065.786182 245 716 182.749191 870 244 271.830191 122 295 061.999202 455 441 070.788214 115 900 632.870228 943 822 169.799243 333 267 059.864260 105 170 350.420
Government accountsGeneral government gross financial liabilities as a percentage of GDPInformation on itemRatioInformation on item22.39119.10916.75815.13413.66314.26816.68522.52525.09029.78134.14435.56339.48740.70242.717
General government net lending as a percentage of GDPInformation on itemPercentageInformation on item1.7342.6191.4602.2882.5532.121-0.002-4.222-4.163-3.826-3.050-2.000-1.807-1.096-1.694
Expenditure and GDPGovernment final consumption expenditure, volumeInformation on itemAustralian Dollar, 2017-18Information on item212 132 000 000.000222 869 000 000.000230 732 000 000.000237 761 000 000.000246 161 000 000.000252 156 000 000.000262 651 000 000.000268 973 000 000.000276 015 000 000.000287 845 000 000.000292 105 000 000.000296 372 000 000.000298 300 000 000.000309 950 000 000.000325 979 000 000.000
Private final consumption expenditure, volumeInformation on itemAustralian Dollar, 2017-18Information on item638 627 000 000.000661 455 000 000.000700 132 000 000.000722 025 000 000.000753 564 000 000.000798 570 000 000.000815 129 000 000.000830 400 000 000.000861 523 000 000.000891 765 000 000.000914 155 000 000.000931 058 000 000.000954 468 000 000.000977 654 000 000.0001 003 549 000 000.000
Gross domestic product, nominal value, market pricesInformation on itemAustralian DollarInformation on item780 986 000 000.000828 034 000 000.000892 234 000 000.000961 700 000 000.0001 037 683 000 000.0001 131 448 000 000.0001 235 100 000 000.0001 261 636 000 000.0001 363 126 000 000.0001 467 561 000 000.0001 515 246 000 000.0001 568 255 000 000.0001 613 994 000 000.0001 640 451 000 000.0001 703 478 000 000.000
Gross domestic product, volume, market pricesInformation on itemAustralian Dollar, 2017-18Information on item1 194 393 000 000.0001 228 953 000 000.0001 277 686 000 000.0001 316 823 000 000.0001 353 137 000 000.0001 413 073 000 000.0001 448 976 000 000.0001 476 356 000 000.0001 512 470 000 000.0001 553 794 000 000.0001 614 863 000 000.0001 648 779 000 000.0001 690 832 000 000.0001 729 579 000 000.0001 777 287 000 000.000
Gross fixed capital formation, total, volumeInformation on itemAustralian Dollar, 2017-18Information on item258 347 000 000.000281 376 000 000.000302 089 000 000.000326 921 000 000.000340 394 000 000.000368 691 000 000.000395 112 000 000.000386 064 000 000.000402 699 000 000.000431 480 000 000.000474 764 000 000.000464 582 000 000.000453 523 000 000.000435 457 000 000.000425 482 000 000.000
Selected variables: ready-made growth ratesGovernment final consumption expenditure, volume, growthInformation on itemPercentage, 2017-18Information on item1.9895.0613.5283.0463.5332.4354.1622.4072.6184.2861.4801.4610.6513.9055.171
Headline inflationInformation on itemPercentage, 2017-18Information on item3.0492.7312.3422.6593.5542.3564.3481.7702.8633.3301.7122.4752.4881.4851.277
Private final consumption expenditure, volume, growthInformation on itemPercentage, 2017-18Information on item4.1863.5755.8473.1274.3685.9722.0741.8733.7483.5102.5111.8492.5142.4292.649
Gross domestic product, volume, growthInformation on itemPercentage, 2017-18Information on item4.0022.8943.9653.0632.7584.4292.5411.8902.4462.7323.9302.1002.5512.2922.758
Gross fixed capital formation, total, volume, growthInformation on itemPercentage, 2017-18Information on item14.8488.9147.3618.2204.1218.3137.166-2.2904.3097.14710.032-2.145-2.380-3.983-2.291
Imports of goods and services, volume, growth (national accounts basis)Information on itemPercentage, 2017-18Information on item11.13311.00915.5479.0618.72713.34010.344-8.04515.58510.6085.695-2.030-1.3611.7360.337
Core inflationInformation on itemPercentage, 2017-18Information on item3.2082.6591.9662.3262.5132.6854.1202.6472.7922.5092.1702.4942.4342.1171.543
Gross domestic product, market prices, deflator, growthInformation on itemPercentage, 2017-18Information on item3.0913.0433.6434.5825.0054.4116.4560.2545.4644.798-0.6551.3690.357-0.6381.055
Exports of goods and services, volume, growth (national accounts basis)Information on itemPercentage, 2017-18Information on item0.884-1.4893.9503.3323.4903.5154.3402.2675.281-0.3905.9305.7606.9256.2856.893
Prices and deflatorsConsumer price indexInformation on itemIndex, 2017-18Information on item0.6920.7100.7270.7460.7730.7910.8260.8400.8640.8930.9080.9310.9540.9680.980
Gross domestic product, market prices, deflatorInformation on itemIndex, 2017-18Information on item0.6540.6740.6980.7300.7670.8010.8520.8550.9010.9450.9380.9510.9550.9480.958
Imports of goods and services, deflator (national accounts basis)Information on itemIndex, 2017-18Information on item1.0820.9900.9410.9460.9860.9461.0160.9920.9170.9040.9130.9460.9851.0170.987
Exports of goods and services, deflator (national accounts basis)Information on itemIndex, 2017-18Information on item0.7130.6750.7020.7850.8830.8911.0850.9561.0331.1471.0381.0370.9960.9120.889
Labour marketsTotal employment (labour force survey basis)Information on itemPersonsInformation on item9 190 266.2259 396 536.6359 558 360.9969 880 633.51910 124 227.85010 434 268.91110 731 170.10210 805 576.23811 022 243.38111 213 816.16911 350 802.38811 456 709.18411 540 161.67511 766 268.11511 973 086.549
Labour forceInformation on itemPersonsInformation on item9 815 264.7239 988 738.78210 103 412.38910 404 224.03310 632 715.37810 911 876.75511 205 634.41111 441 817.52011 628 228.29411 814 101.49911 976 398.62312 144 317.49412 286 800.81612 524 529.49512 698 137.695
Unemployment rateInformation on itemPercentageInformation on item6.3685.9295.3955.0324.7824.3774.2345.5615.2115.0815.2245.6626.0776.0545.710
Monetary dataLong-term interest rate on government bondsInformation on itemPercentageInformation on item5.8445.3675.5915.3405.5885.9955.8185.0405.3664.8803.3793.6973.6572.7112.337
Short-term interest rateInformation on itemPercentageInformation on item4.7474.8965.4785.6445.9886.6686.9733.4344.6834.8483.7282.7802.6782.2561.988
Data extracted on 13 Aug 2020 14:30 UTC (GMT) from OECD.Stat

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