Exports to India in Australia increased to 1162575.16 AUD THO in March from 1046432.57 AUD THO in February of 2020. Exports to India in Australia averaged 552638.89 AUD THO from 1988 until 2020, reaching an all time high of 1763000 AUD THO in September of 2008 and a record low of 32000 AUD THO in January of 1989. This page includes a chart with historical data for Australia Exports to India.

The inflation rate in Australia was recorded at 2.20 percent in the first quarter of 2020. Inflation Rate in Australia averaged 4.94 percent from 1951 until 2020, reaching an all time high of 23.90 percent in the fourth quarter of 1951 and a record low of -1.30 percent in the second quarter of 1962. In Australia, the most important categories in the consumer price index are housing (22.3 percent of the total weight), food and non–alcoholic beverages (16.8 percent), recreation and culture (12.6 percent), transport (11.6 percent), furnishings, household equipment and services (9.1 percent), alcohol and tobacco (7.1 percent), health (5.3 percent) and insurance and financial services (5.1 percent). Clothing and footwear, education and communication account for remaining 10.2 percent of total weight. This page provides the latest reported value for - Australia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Manufacturing PMI in Australia decreased to 35.80 points in April from 53.70 points in March of 2020. Manufacturing PMI in Australia averaged 50.69 points from 1992 until 2020, reaching an all time high of 62.50 points in March of 2018 and a record low of 29.47 points in February of 2009. Ai Group Manufacturing PMI Index measures the performance of the manufacturing sector and is derived from a survey of 200 industrial companies. It is composite index based on the diffusion indices for production, new orders, deliveries, inventories and employment with varying weights. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Australia Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Australia recorded a government debt equivalent to 45.10 percent of the country's Gross Domestic Product in 2019. Government Debt to GDP in Australia averaged 24.41 percent from 1989 until 2019, reaching an all time high of 45.10 percent in 2019 and a record low of 9.70 percent in 2007. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Australia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Consumer Price Index in Australia increased 0.30 percent in March of 2020 over the previous month. Inflation Rate Mom in Australia averaged 1.21 percent from 1950 until 2020, reaching an all time high of 7.55 percent in the fourth quarter of 1951 and a record low of -1.54 percent in the fourth quarter of 1953. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Australia Inflation Rate QoQ - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bank Lending Rate in Australia remained unchanged at 7.92 percent in February from 7.92 percent in January of 2020. Bank Lending Rate in Australia averaged 11.12 percent from 1976 until 2020, reaching an all time high of 20.50 percent in September of 1989 and a record low of 7.92 percent in October of 2019. In Australia, the bank lending rate refers to major banks overdraft lending rate to small and medium businesses. This page provides - Australia Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages Low Skilled in Australia increased to 2710 AUD/Month in 2018 from 2670 AUD/Month in 2015. Wages Low Skilled in Australia averaged 2690 AUD/Month from 2015 until 2018, reaching an all time high of 2710 AUD/Month in 2018 and a record low of 2670 AUD/Month in 2015. Low Skilled Wages refer to highest estimate of wage of workers doing low-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Imports from Australia (non Oil & Gas) in Indonesia increased to 432.60 USD Million in March from 394.30 USD Million in February of 2020. Imports from Australia (non Oil & Gas) in Indonesia averaged 410.05 USD Million from 2014 until 2020, reaching an all time high of 547.10 USD Million in November of 2018 and a record low of 244.60 USD Million in January of 2016. This page includes a chart with historical data for Indonesia Imports from Australia (non Oil & Gas).

Exports to Australia (non Oil & Gas) in Indonesia increased to 168.60 USD Million in March from 155.50 USD Million in February of 2020. Exports to Australia (non Oil & Gas) in Indonesia averaged 209.10 USD Million from 2014 until 2020, reaching an all time high of 444.90 USD Million in April of 2014 and a record low of 134 USD Million in June of 2018. This page includes a chart with historical data for Indonesia Exports to Australia (non Oil & Gas).

Wages in Australia increased 2.30 percent in June of 2019 over the same month in the previous year. Wage Growth in Australia averaged 3.21 percent from 1998 until 2019, reaching an all time high of 4.30 percent in the second quarter of 2008 and a record low of 1.90 percent in the third quarter of 2016. In Australia, wage growth measures the annual change in hourly rates of pay excluding bonuses for both public and private sector. This page provides - Australia Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Wages In Manufacturing in Australia increased to 1350.60 AUD/Week in the fourth quarter of 2019 from 1338.30 AUD/Week in the second quarter of 2019. Wages In Manufacturing in Australia averaged 771.83 AUD/Week from 1983 until 2019, reaching an all time high of 1350.60 AUD/Week in the fourth quarter of 2019 and a record low of 333 AUD/Week in the fourth quarter of 1983. In Australia, Wages in Manufacturing refer to Average Weekly earnings in the manufacturing sector. This page provides - Australia Average Weekly Wages In Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Minimum Wages in Australia increased to 719.20 AUD/week in 2018 from 694.90 AUD/week in 2017. Minimum Wages in Australia averaged 615.17 AUD/week from 2007 until 2018, reaching an all time high of 719.20 AUD/week in 2018 and a record low of 522.12 AUD/week in 2007. This page provides - Australia Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mining production in Australia increased 8 percent in December of 2019 over the same month in the previous year. Mining Production in Australia averaged 5.04 percent from 1978 until 2019, reaching an all time high of 25.40 percent in the fourth quarter of 1987 and a record low of -16.80 percent in the third quarter of 1986. This page provides the latest reported value for - Australia Mining Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Wages in Australia increased to 1257 AUD/Week in the fourth quarter of 2019 from 1237.90 AUD/Week in the second quarter of 2019. Wages in Australia averaged 528.99 AUD/Week from 1969 until 2019, reaching an all time high of 1257 AUD/Week in the fourth quarter of 2019 and a record low of 59.10 AUD/Week in the third quarter of 1969. In Australia, wages are benchmarked using average weekly earnings. This page provides - Australia Average Weekly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Bankruptcies in Australia increased to 667 Companies in February from 397 Companies in January of 2020. Bankruptcies in Australia averaged 671.98 Companies from 1999 until 2020, reaching an all time high of 1123 Companies in February of 2012 and a record low of 217 Companies in January of 1999. In Australia, bankruptcies account for insolvent corporations who cannot repay their debts to creditors and carry on with their business. This page provides - Australia Bankruptcies - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core Consumer Prices in Australia increased to 117.22 points in the first quarter of 2020 from 116.67 points in the fourth quarter of 2019. Core Consumer Prices in Australia averaged 97.21 points from 2002 until 2020, reaching an all time high of 117.22 points in the first quarter of 2020 and a record low of 75.45 points in the second quarter of 2002. This page provides - Australia Core Consumer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Export Prices in Australia increased to 111.70 points in the first quarter of 2020 from 108.80 points in the fourth quarter of 2019. Export Prices in Australia averaged 57.09 points from 1974 until 2020, reaching an all time high of 114.80 points in the third quarter of 2019 and a record low of 16.30 points in the third quarter of 1974. In Australia, Export Prices correspond to the rate of change in the prices of goods and services sold by residents of that country to foreign buyers. Export Prices are heavily affected by exchange rates. This page provides the latest reported value for - Australia Export Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Money Supply M1 in Australia increased to 1189.19 AUD Billion in March from 1098.77 AUD Billion in February of 2020. Money Supply M1 in Australia averaged 143.04 AUD Billion from 1975 until 2020, reaching an all time high of 1189.19 AUD Billion in March of 2020 and a record low of 8.25 AUD Billion in February of 1975. This page provides - Australia Money Supply M1 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Australia increased to 42417 AUD Million in March from 36859 AUD Million in February of 2020. Exports in Australia averaged 11903.90 AUD Million from 1971 until 2020, reaching an all time high of 43090 AUD Million in July of 2019 and a record low of 435 AUD Million in October of 1971. Rich in natural resources, Australia is a major exporter of commodities. Metalliferous ores and metal scrap account for 29 percent of total exports; coal, coke and briquettes for 15 percent; and gas for 7 percent. The country also exports: food and live animals (14 percent), mainly meat (5 percent) and cereals (4 percent); manufactured goods (6 percent), mainly non-ferrous metals (4 percent); and machinery and transport equipment (6 percent). Australia's largest export markets are China (32 percent of total exports), Japan (16 percent), South Korea (7 percent), the US (5 percent), India (4 percent), New Zealand, Singapore and Taiwan (3 percent each). This page provides the latest reported value for - Australia Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP From Mining in Australia increased to 42615 AUD Million in the fourth quarter of 2019 from 41962 AUD Million in the third quarter of 2019. GDP From Mining in Australia averaged 17007.51 AUD Million from 1974 until 2019, reaching an all time high of 42615 AUD Million in the fourth quarter of 2019 and a record low of 5545 AUD Million in the third quarter of 1974. This page provides - Australia Gdp From Mining- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M3 in Australia increased to 2231.55 AUD Billion in March from 2169.11 AUD Billion in February of 2020. Money Supply M3 in Australia averaged 532.55 AUD Billion from 1965 until 2020, reaching an all time high of 2231.55 AUD Billion in March of 2020 and a record low of 10.19 AUD Billion in March of 1965. Australia Money Supply M3 includes M2 plus long-term time deposits in banks. This page provides - Australia Money Supply M3 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The number of unemployed persons in Australia increased to 718.61 Thousand in March of 2020 from 699.05 Thousand in February of 2020. Unemployed Persons in Australia averaged 634.80 Thousand from 1978 until 2020, reaching an all time high of 960.14 Thousand in December of 1992 and a record low of 364.69 Thousand in June of 1981. In Australia, unemployed persons are individuals who are without a job and actively seeking to work. This page provides - Australia Unemployed Persons - actual values, historical data, forecast, chart, statistics, economic calendar and news.

External Debt in Australia decreased to 2172006 AUD Million in the fourth quarter of 2019 from 2189706 AUD Million in the third quarter of 2019. External Debt in Australia averaged 861688 AUD Million from 1988 until 2019, reaching an all time high of 2189706 AUD Million in the third quarter of 2019 and a record low of 147312 AUD Million in the third quarter of 1988. In Australia, external debt is a part of the total debt that is owed to creditors outside the country. This page provides - Australia External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Utilities in Australia increased to 11532 AUD Million in the fourth quarter of 2019 from 11518 AUD Million in the third quarter of 2019. GDP From Utilities in Australia averaged 8501.19 AUD Million from 1974 until 2019, reaching an all time high of 11694 AUD Million in the third quarter of 2018 and a record low of 4004 AUD Million in the fourth quarter of 1974. This page provides - Australia Gdp From Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports from Australia in Netherlands decreased to 99 EUR Million in February from 122 EUR Million in January of 2020. Imports from Australia in Netherlands averaged 97.62 EUR Million from 2014 until 2020, reaching an all time high of 174 EUR Million in March of 2018 and a record low of 44 EUR Million in November of 2015. This page includes a chart with historical data for Netherlands Imports from Australia.

Money Supply M0 in Australia increased to 137.19 AUD Billion in March from 116.19 AUD Billion in February of 2020. Money Supply M0 in Australia averaged 36.71 AUD Billion from 1975 until 2020, reaching an all time high of 137.19 AUD Billion in March of 2020 and a record low of 4.09 AUD Billion in June of 1975. This page provides - Australia Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Home Ownership Rate in Australia decreased to 65 percent in 2016 from 67 percent in 2011. Home Ownership Rate in Australia averaged 68.85 percent from 1966 until 2016, reaching an all time high of 71.40 percent in 1966 and a record low of 65 percent in 2016. This page provides the latest reported value for - Australia Home Ownership Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gross National Product in Australia decreased to 472070 AUD Million in the fourth quarter of 2019 from 475068 AUD Million in the third quarter of 2019. Gross National Product in Australia averaged 208130.86 AUD Million from 1959 until 2019, reaching an all time high of 475068 AUD Million in the third quarter of 2019 and a record low of 57487 AUD Million in the third quarter of 1959. This page provides - Australia Gross National Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terms of Trade in Australia increased to 98.80 points in the first quarter of 2020 from 95.20 points in the fourth quarter of 2019. Terms of Trade in Australia averaged 66.40 points from 1981 until 2020, reaching an all time high of 106.40 points in the third quarter of 2011 and a record low of 47.50 points in the second quarter of 1999. This page provides - Australia Terms Of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Australia scored 78.75 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Australia averaged 22.09 Points from 2007 until 2019, reaching an all time high of 78.85 Points in 2018 and a record low of 5.08 Points in 2015. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Australia Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Living Wage Family in Australia decreased to 2790 AUD/Month in 2018 from 2920 AUD/Month in 2017. Living Wage Family in Australia averaged 2815 AUD/Month from 2015 until 2018, reaching an all time high of 2920 AUD/Month in 2017 and a record low of 2770 AUD/Month in 2015. This page provides - Australia Living Wage Family- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP Constant Prices in Australia increased to 480379 AUD Million in the fourth quarter of 2019 from 477863 AUD Million in the third quarter of 2019. GDP Constant Prices in Australia averaged 224110.57 AUD Million from 1959 until 2019, reaching an all time high of 480379 AUD Million in the fourth quarter of 2019 and a record low of 63799 AUD Million in the third quarter of 1959. This page provides - Australia GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Car Registrations in Australia increased to 14504.15 Thousand in 2019 from 14330.43 Thousand in 2018. Car Registrations in Australia averaged 10220.20 Thousand from 1971 until 2019, reaching an all time high of 14504.15 Thousand in 2019 and a record low of 3990.94 Thousand in 1971. In Australia, car registrations is the total number of passenger vehicles on register. This page provides - Australia New Car Sales - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Social Security Rate For Employees in Australia stands at 2 percent. Social Security Rate For Employees in Australia averaged 1.70 percent from 2009 until 2018, reaching an all time high of 2 percent in 2015 and a record low of 1.50 percent in 2010. In Australia, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Australia because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Australia Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Manufacturing Production in Australia increased 0.10 percent in December of 2019 over the same month in the previous year. Manufacturing Production in Australia averaged 1.03 percent from 1978 until 2019, reaching an all time high of 8.60 percent in the first quarter of 1988 and a record low of -11.70 percent in the first quarter of 1983. This page provides the latest reported value for - Australia Manufacturing Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Consumer Price Index CPI in Australia increased to 116.60 points in the first quarter of 2020 from 116.20 points in the fourth quarter of 2019. Consumer Price Index CPI in Australia averaged 46.21 points from 1950 until 2020, reaching an all time high of 116.60 points in the first quarter of 2020 and a record low of 4.20 points in the first quarter of 1950. In Australia, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Australia Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Construction output in Australia decreased 3 percent in December of 2019 over the same month in the previous year. Construction Output in Australia averaged 0.79 percent from 1986 until 2019, reaching an all time high of 17.30 percent in the third quarter of 2017 and a record low of -18.90 percent in the third quarter of 2000. In Australia, construction output refers to the quarter-over-quarter change in the value of construction work done, including building and engineering for both the private and public sectors. This page provides the latest reported value for - Australia Construction Output - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gold Reserves in Australia remained unchanged at 68.74 Tonnes in the fourth quarter of 2019 from 68.74 Tonnes in the third quarter of 2019. Gold Reserves in Australia averaged 78.80 Tonnes from 2000 until 2019, reaching an all time high of 79.85 Tonnes in the first quarter of 2009 and a record low of 68.70 Tonnes in the third quarter of 2018. Gold Reserves are country’s gold assets held or controlled by the central bank. This page provides - Australia Gold Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Australia stands at 45 percent. Personal Income Tax Rate in Australia averaged 45.44 percent from 2003 until 2020, reaching an all time high of 47 percent in 2004 and a record low of 45 percent in 2007. In Australia, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labour, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Australia. This page provides - Australia Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Total Vehicle Sales in Australia decreased to 38926 in April from 81690 in March of 2020. Total Vehicle Sales in Australia averaged 78638.11 from 1994 until 2020, reaching an all time high of 130300 in June of 2018 and a record low of 38926 in April of 2020. In Australia, New Vehicle Sales include passenger cars, SUVs, light and heavy commercial vehicles. This page provides the latest reported value for - Australia New Car Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Exports to Australia in France decreased to 203 EUR Million in March from 236 EUR Million in February of 2020. Exports to Australia in France averaged 208.29 EUR Million from 2014 until 2020, reaching an all time high of 274 EUR Million in May of 2019 and a record low of 166 EUR Million in September of 2015. This page includes a chart with historical data for France Exports to Australia.

Part Time Employment in Australia increased to 20000 Persons in February from -32300 Persons in January of 2020. Part Time Employment in Australia averaged 6374.01 Persons from 1978 until 2020, reaching an all time high of 72500 Persons in February of 2009 and a record low of -73100 Persons in October of 2007. In Australia, persons employed part time are those employed persons who usually worked less than 35 hours a week in all jobs. This page provides - Australia Part Time Employment- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Construction in Australia decreased to 33085 AUD Million in the fourth quarter of 2019 from 33860 AUD Million in the third quarter of 2019. GDP From Construction in Australia averaged 19165.12 AUD Million from 1974 until 2019, reaching an all time high of 37168 AUD Million in the second quarter of 2014 and a record low of 8565 AUD Million in the second quarter of 1975. This page provides - Australia Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Australia recorded a capital and financial account deficit of 1833 AUD Million in the fourth quarter of 2019. Capital Flows in Australia averaged 5303.67 AUD Million from 1959 until 2019, reaching an all time high of 24576 AUD Million in the third quarter of 2015 and a record low of -5702 AUD Million in the third quarter of 2019. In Australia, international capital flows are measured using the Capital and Financial Account Balance of the Balance of Payments. This page provides - Australia Capital Flows - actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Manufacturing in Australia increased to 26442 AUD Million in the fourth quarter of 2019 from 25850 AUD Million in the third quarter of 2019. GDP From Manufacturing in Australia averaged 23840.87 AUD Million from 1974 until 2019, reaching an all time high of 30742 AUD Million in the second quarter of 2008 and a record low of 16320 AUD Million in the first quarter of 1975. This page provides - Australia Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

GDP From Public Administration in Australia increased to 25533 AUD Million in the fourth quarter of 2019 from 25280 AUD Million in the third quarter of 2019. GDP From Public Administration in Australia averaged 15348.25 AUD Million from 1974 until 2019, reaching an all time high of 25533 AUD Million in the fourth quarter of 2019 and a record low of 7996 AUD Million in the third quarter of 1974. This page provides - Australia Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Credit in Australia increased to 2994.31 AUD Billion in March from 2962.32 AUD Billion in February of 2020. Consumer Credit in Australia averaged 936.48 AUD Billion from 1976 until 2020, reaching an all time high of 2994.31 AUD Billion in March of 2020 and a record low of 35.83 AUD Billion in September of 1976. This page provides the latest reported value for - Australia Consumer Credit - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

New Home Sales in Australia increased to 4715 Units in January from 4462 Units in December of 2019. New Home Sales in Australia averaged 8128.77 Units from 1999 until 2020, reaching an all time high of 20768 Units in March of 2001 and a record low of 4035 Units in April of 2019. In Australia, new home sales are based on the survey results obtained from State-wide estimates using weights based on financial year market shares of private dwelling commencements. This page provides the latest reported value for - Australia New Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

GDP Deflator in Australia decreased to 104.63 points in the fourth quarter of 2019 from 105.44 points in the third quarter of 2019. GDP Deflator in Australia averaged 46.81 points from 1959 until 2019, reaching an all time high of 105.44 points in the third quarter of 2019 and a record low of 6.22 points in the third quarter of 1959. In Australia, implicit price deflator (IPD) is obtained by dividing a current price value by its real counterpart (the chain volume measure). When calculated from the major national accounting aggregates, such as gross domestic product, IPDs relate to a broader range of goods and services in the economy than that represented by any of the individual price indexes published by the Australian Bureau of Statistics. Movements in an implicit price deflator reflect both changes in price and changes in the composition of the aggregate for which the deflator is calculated. This page provides - Australia GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Australia expanded 0.50 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Australia averaged 0.85 percent from 1959 until 2019, reaching an all time high of 4.40 percent in the first quarter of 1976 and a record low of -2 percent in the second quarter of 1974. Australia's economy is dominated by the service sector (65 percent of total GDP). Yet its economic success in recent years has been based on the mining (13.5 percent of GDP) and agriculture (2 percent of GDP) as the country is a major exporter of commodities. Other sectors include: manufacturing (11 percent) and construction (9.5 percent). This page provides - Australia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.