Australia Economy

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Australia is one of the most developed, modern market economies in the world. According to 2011 estimates, it has a GDP of $1.6 trillion, making it the 13th largest economy in the world. The service sector is the largest sector of the economy, contributing 68% of GDP with the mining sector contributing 19%. The economy is largely reliant upon the mining sector for economic growth. Australia is a member of the APEC, G-20, OECD, and WTO organizations.

Major Australia Indicators

Period Value % Chg Prev
Components of GDP (View all 1)
Australia Exports of Goods and Services (NSA) 2017 281.50B USD 21.03%
Australia General Government Final Consumption Expenditure (NSA) 2017 18.52% of GDP -0.63%
Australia Household Final Consumption Expenditure (DISCONTINUED) (NSA) 2016 57.82% of GDP 2.21%
Australia Imports of Goods and Services (NSA) 2017 20.62% of GDP -4.16%
Australia Net Trade in Goods and Services (NSA) 2017 7.154B USD
Australia Trade (NSA) 2017 41.89% of GDP 2.75%
Consumer Prices (View all 1)
Australia Consumer Price Index (NSA) 2017 115.69 1.95%
Australia Inflation (NSA) 2017 1.95% 52.60%
Employment (View all 1)
Australia Unemployment Rate Outlook (NSA) 2024 4.80% 0.00%
Energy (View all 1)
Australia Gas Rig Count Jan 2020 13.00 0.00%
Environment (View all 1)
Australia CO2 Emissions (NSA) 2014 15.39 mt/Capita -4.39%
GDP (View all 1)
Australia Real GDP Growth Outlook (NSA) 2024 2.60% Chg Yr -3.70%
Governance and Policy (View all 1)
Australia Profit Tax (NSA) 2018 26.00% 0.00%
Government Assets and Liabilities (View all 1)
Australia General Government Gross Debt Outlook (NSA) 2024 36.60% of GDP -3.43%
Government Receipts and Outlays (View all 1)
Australia Expenses (NSA) 2017 468.63B AUD 4.73%
Australia General Government Final Consumption Expenditure (NSA) 2017 18.52% of GDP -0.63%
Australia Military Expenditure (NSA) 2017 35.82B AUD 0.93%
Australia Profit Tax (NSA) 2018 26.00% 0.00%
Australia Tax Revenue (NSA) 2017 389.78B AUD 5.37%
House Prices (View all 1)
Australia House Price Index Q2 2019 192.44 -0.88%
Infrastructure (View all 1)
Australia Secure Internet Servers (NSA) 2018 32990.33 /mil ppl 53.12%
International Transactions (View all 1)
Australia Exports of Goods and Services (NSA) 2017 281.50B USD 21.03%
Australia Imports of Goods and Services (NSA) 2017 20.62% of GDP -4.16%
Australia Net Trade in Goods and Services (NSA) 2017 7.154B USD
Military (View all 3)
Australia Military Expenditure (NSA) 2017 35.82B AUD 0.93%
Personal Income and Spending (View all 1)
Australia GINI Index (NSA) 2014 35.80
Population (View all 1)
Australia Population Density (NSA) 2017 3.198 Ppl/kmĀ² 1.70%
Australia Population Outlook (NSA) 2024 27.67M 1.59%
View and sort all 906 Australia Indicators
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Related Indicator Reports

Report Last Updated
Australia International Trade in Goods and Services Report Feb 5, 19:32 EST
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