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) 2020 318.29B USD -5.48%
Australia General Government Final Consumption Expenditure (NSA) 2020 20.26% of GDP 6.58%
Australia Imports of Goods and Services (NSA) 2020 20.06% of GDP -7.12%
Australia Net Trade in Goods and Services (NSA) 2020 49.97B USD 6.40%
Australia Trade (NSA) 2020 43.98% of GDP -3.79%
Consumer Prices (View all 1)
Australia Consumer Price Index (NSA) 2020 120.81 0.85%
Australia Inflation (NSA) 2020 0.85% -47.42%
Employment (View all 1)
Australia Unemployment Rate Outlook (NSA) 2026 4.80% 0.00%
Energy (View all 1)
Australia Gas Rig Count Sep 2021 11.00 0.00%
Environment (View all 1)
Australia CO2 Emissions (NSA) 2018 15.48 mt/Capita -1.67%
GDP (View all 1)
Australia Real GDP YoY Outlook (NSA) 2026 2.50% 4.17%
Governance and Policy (View all 1)
Australia Profit Tax (NSA) 2019 26.10% 0.38%
Government Assets and Liabilities (View all 1)
Australia General Government Gross Debt Outlook (NSA) 2026 75.00% of GDP -1.32%
Government Receipts and Outlays (View all 1)
Australia Expenses (NSA) 2019 509.72B AUD 5.50%
Australia General Government Final Consumption Expenditure (NSA) 2020 20.26% of GDP 6.58%
Australia Military Expenditure (NSA) 2019 37.26B AUD 3.70%
Australia Profit Tax (NSA) 2019 26.10% 0.38%
Australia Tax Revenue (NSA) 2019 455.63B AUD 6.63%
House Prices (View all 1)
Australia House Price Index Q1 2021 228.45 6.52%
Infrastructure (View all 1)
Australia Secure Internet Servers (NSA) 2020 39804.08 /mil ppl 8.40%
International Transactions (View all 1)
Australia Exports of Goods and Services (NSA) 2020 318.29B USD -5.48%
Australia Imports of Goods and Services (NSA) 2020 20.06% of GDP -7.12%
Australia Net Trade in Goods and Services (NSA) 2020 49.97B USD 6.40%
Military (View all 3)
Australia Military Expenditure (NSA) 2019 37.26B AUD 3.70%
Personal Income and Spending (View all 1)
Australia GINI Index (NSA) 2014 34.40
Population (View all 1)
Australia Population Density (NSA) 2020 3.339 Ppl/kmĀ² 1.27%
Australia Population Outlook (NSA) 2026 27.29M 1.27%
View and sort all 916 Australia Indicators

Related Indicator Reports

Report Last Updated
Australia International Trade in Goods and Services Oct 4, 20:31 EDT

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