Crude Oil Production in Australia decreased to 349 BBL/D/1K in January from 391 BBL/D/1K in December of 2019. Crude Oil Production in Australia averaged 463.41 BBL/D/1K from 1994 until 2020, reaching an all time high of 781 BBL/D/1K in February of 2000 and a record low of 238 BBL/D/1K in May of 2018. This page provides the latest reported value for - Australia Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Wages High Skilled in Australia decreased to 6120 AUD/Month in 2018 from 6250 AUD/Month in 2015. Wages High Skilled in Australia averaged 6185 AUD/Month from 2015 until 2018, reaching an all time high of 6250 AUD/Month in 2015 and a record low of 6120 AUD/Month in 2018. High Skilled Wages refer to highest estimate of wage of workers doing high-skilled jobs, calculated from sample of wages collected by WageIndicator surveys.

Industrial Production in Australia increased 3.80 percent in the fourth quarter of 2019 over the same quarter in the previous year. Industrial Production in Australia averaged 2.38 percent from 1975 until 2019, reaching an all time high of 12.70 percent in the fourth quarter of 1987 and a record low of -7.70 percent in the first quarter of 1983. In Australia, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides the latest reported value for - Australia Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Employment in Australia increased by 5900 in March of 2020. Employment Change in Australia averaged 13907.52 Persons from 1978 until 2020, reaching an all time high of 99200 Persons in November of 1985 and a record low of -74800 Persons in November of 1992. In Australia, employment change refers to the absolute change in the number of persons who work for pay or profit, or perform unpaid family work. Estimates include both full-time and part-time employment. This page provides the latest reported value for - Australia Employment Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Industrial Production in Australia increased 1.50 percent in December of 2019 over the previous month. Industrial Production Mom in Australia averaged 0.57 percent from 1974 until 2019, reaching an all time high of 5.10 percent in the fourth quarter of 1987 and a record low of -7 percent in the first quarter of 1975. In Australia, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides the latest reported value for - Australia Industrial Production MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Car Production in Australia decreased to 1 Units in November from 1825 Units in October of 2017. Car Production in Australia averaged 20911.40 Units from 2004 until 2017, reaching an all time high of 39306 Units in November of 2004 and a record low of 1 Units in November of 2017. This page provides - Australia Car Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Business Confidence in Australia decreased to -66 points in March from -4 points in February of 2020. Business Confidence in Australia averaged 5.48 points from 1997 until 2020, reaching an all time high of 21 points in April of 2002 and a record low of -66 points in March of 2020. The NAB monthly survey of business confidence is based on a telephone survey of around 600 small, medium and large size non-agricultural companies. The Survey measures the expectations of business conditions for the upcoming month and is a simple average of trading, profitability and employment indices, reported by respondents for their company. The indices are calculated by taking the difference between the percentage of respondents nominating good or very good, or a rise and those nominating poor or very poor, or a fall. This page provides - Australia Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Australia recorded a Government Budget deficit equal to 0.20 percent of the country's Gross Domestic Product in 2019. Government Budget in Australia averaged -0.77 percent of GDP from 1971 until 2019, reaching an all time high of 2.20 percent of GDP in 1971 and a record low of -4.20 percent of GDP in 2010. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Australia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Private Sector Credit in Australia remained unchanged at 0.40 percent in February from 0.40 percent in January of 2020. Private Sector Credit in Australia averaged 0.85 percent from 1976 until 2020, reaching an all time high of 3 percent in July of 1986 and a record low of -0.50 percent in July of 2019. In Australia, private sector credit refers to the month-over-month change of credit extended to the economy's private sector for housing, personal and business expenditures. It includes securitisations. This page provides the latest reported value for - Australia Private Sector Credit - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Youth Unemployment Rate in Australia decreased to 11.60 percent in March from 12.10 percent in February of 2020. Youth Unemployment Rate in Australia averaged 13.37 percent from 1978 until 2020, reaching an all time high of 20.10 percent in October of 1992 and a record low of 7.60 percent in August of 2008. This page provides - Australia Youth Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Import Prices in Australia decreased to 113.10 points in the first quarter of 2020 from 114.30 points in the fourth quarter of 2019. Import Prices in Australia averaged 93.66 points from 1981 until 2020, reaching an all time high of 116.30 points in the second quarter of 2001 and a record low of 51.50 points in the third quarter of 1981. In Australia, Import Prices correspond to the rate of change in the prices of goods and services purchased by residents of that country from, and supplied by, foreign sellers. Import Prices are heavily affected by exchange rates. This page provides the latest reported value for - Australia Import Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Households Debt in Australia decreased to 119.50 percent of GDP in the fourth quarter of 2019 from 119.80 percent of GDP in the third quarter of 2019. Households Debt To GDP in Australia averaged 73.02 percent of GDP from 1977 until 2019, reaching an all time high of 121.70 percent of GDP in the third quarter of 2016 and a record low of 34.20 percent of GDP in the fourth quarter of 1977. This page provides - Australia Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports to Australia CMLV in Russia increased to 17.90 USD Million in February from 6.30 USD Million in January of 2020. Exports to Australia CMLV in Russia averaged 43.76 USD Million from 2006 until 2020, reaching an all time high of 141 USD Million in December of 2018 and a record low of 0.50 USD Million in January of 2007. Russia accounts for Exports to Australia using cumulative values for each year (CMLV). This page includes a chart with historical data for Russia Exports to Australia.

Producer Prices in Australia increased 1.30 percent in March of 2020 over the same month in the previous year. Producer Prices Change in Australia averaged 2.24 percent from 1999 until 2020, reaching an all time high of 6.30 percent in the fourth quarter of 2008 and a record low of -1.50 percent in the fourth quarter of 2009. In Australia, Producer Prices Change measures the average change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period. This page provides the latest reported value for - Australia Producer Prices Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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.

The inflation rate in Somalia was recorded at 5.20 percent in March of 2020. Inflation Rate in Somalia averaged 15.95 percent from 1961 until 2020, reaching an all time high of 216 percent in December of 1990 and a record low of -15 percent in December of 2010. In Somalia, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. The most important categories in the Somali consumer price index are Food & Non-Alcoholic Beverages (46 percent of the total weight) and Housing, Water, Electricity & Gas (23 percent), followed by Clothing & Footwear (5 percent), Health (5 percent), Transport (4 percent), Furnishing, Households & Maintenance (3 percent), Communication (3 percent), Tobacco & Narcotics (1 percent), and Recreation & Culture (1 percent). This page provides - Somalia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar 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 Somalia increased 2.10 percent in March of 2020 over the previous month. Inflation Rate Mom in Somalia averaged 0.29 percent from 2018 until 2020, reaching an all time high of 3.70 percent in April of 2019 and a record low of -1.39 percent in January of 2019. In Somalia, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. The most important categories in the Somali consumer price index are Food & Non-Alcoholic Beverages (46 percent of the total weight) and Housing, Water, Electricity & Gas (23 percent), followed by Clothing & Footwear (5 percent), Health (5 percent), Transport (4 percent), Furnishing, Households & Maintenance (3 percent), Communication (3 percent), Tobacco & Narcotics (1 percent), and Recreation & Culture (1 percent). This page provides - Somalia Inflation Rate MoM- 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.

The Gross Domestic Product per capita in Somalia was last recorded at 187 US dollars in 2010. The GDP per Capita in Somalia is equivalent to 1 percent of the world's average. GDP per capita in Somalia averaged 147.80 USD from 1960 until 2010, reaching an all time high of 299 USD in 2009 and a record low of 9 USD in 1991. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Somalia GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar 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.

The Gross Domestic Product (GDP) in Somalia expanded 2.90 percent in 2019 from the previous year. GDP Annual Growth Rate in Somalia averaged 1.62 percent from 1961 until 2019, reaching an all time high of 14.88 percent in 1972 and a record low of -21 percent in 1994. Somalia is one of the poorest and least safe countries in the world. In 1991, a military coup triggered an ethnic-motivated civil. And only in recent months, Somali government forces with support of the African Union have been regaining control of country. Since for a long time Somalia did not have an effective central government and security, the country lacks basic infrastructure and social net. Crime rates are high, famines are common and many of its citizens are displaced. As such, Somalia’s economy is dependent on foreign aid, remittances and livestock. It is expected that with recently elected government, stability will return and the economy will substantially recover. This page provides - Somalia GDP Annual Growth Rate - 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.