Australia Gross Domestic Product: Annual Growth Rate
GDP: Growth
AU: GDP: Growth data was reported at 3.017 % in 2023. This records a decrease from the previous number of 4.269 % for 2022. AU: GDP: Growth data is updated yearly, averaging 3.579 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 7.176 % in 1970 and a record low of -2.224 % in 1983. AU: GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 3.017 2023 | yearly | 1961 - 2023 |
View Australia's GDP: Growth from 1961 to 2023 in the chart:
GDP: Growth: Adjusted Net National Income
AU: GDP: Growth: Adjusted Net National Income data was reported at 2.713 % in 2019. This records an increase from the previous number of 2.451 % for 2018. AU: GDP: Growth: Adjusted Net National Income data is updated yearly, averaging 3.601 % from Jun 1971 (Median) to 2019, with 49 observations. The data reached an all-time high of 7.275 % in 1988 and a record low of -0.534 % in 1991. AU: GDP: Growth: Adjusted Net National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 2.713 2019 | yearly | 1971 - 2019 |
View Australia's GDP: Growth: Adjusted Net National Income from 1971 to 2019 in the chart:
GDP: Growth: Adjusted Net National Income per Capita
AU: GDP: Growth: Adjusted Net National Income per Capita data was reported at 1.162 % in 2019. This records an increase from the previous number of 0.889 % for 2018. AU: GDP: Growth: Adjusted Net National Income per Capita data is updated yearly, averaging 2.175 % from Jun 1971 (Median) to 2019, with 49 observations. The data reached an all-time high of 5.534 % in 1988 and a record low of -1.794 % in 1991. AU: GDP: Growth: Adjusted Net National Income per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 1.162 2019 | yearly | 1971 - 2019 |
View Australia's GDP: Growth: Adjusted Net National Income per Capita from 1971 to 2019 in the chart:
GDP: Growth: Exports of Goods and Services
AU: GDP: Growth: Exports of Goods and Services data was reported at 6.470 % in 2023. This records an increase from the previous number of -0.471 % for 2022. AU: GDP: Growth: Exports of Goods and Services data is updated yearly, averaging 4.710 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 16.490 % in 1964 and a record low of -8.641 % in 2021. AU: GDP: Growth: Exports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 6.470 2023 | yearly | 1961 - 2023 |
View Australia's GDP: Growth: Exports of Goods and Services from 1961 to 2023 in the chart:
Australia GDP: Growth: Final Consumption Expenditure
AU: GDP: Growth: Final Consumption Expenditure data was reported at 2.605 % in 2017. This records a decrease from the previous number of 3.132 % for 2016. AU: GDP: Growth: Final Consumption Expenditure data is updated yearly, averaging 3.591 % from Dec 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 6.388 % in 1970 and a record low of 1.413 % in 2009. AU: GDP: Growth: Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 2.605 2017 | yearly | 1961 - 2017 |
View Australia's Australia GDP: Growth: Final Consumption Expenditure from 1961 to 2017 in the chart:
GDP: Growth: Final Consumption Expenditure: General Government
AU: GDP: Growth: Final Consumption Expenditure: General Government data was reported at 1.687 % in 2023. This records a decrease from the previous number of 6.751 % for 2022. AU: GDP: Growth: Final Consumption Expenditure: General Government data is updated yearly, averaging 3.388 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 10.041 % in 1966 and a record low of 0.572 % in 2013. AU: GDP: Growth: Final Consumption Expenditure: General Government data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth of general government final consumption expenditure based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. General government final consumption expenditure (general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 1.687 2023 | yearly | 1961 - 2023 |
View Australia's GDP: Growth: Final Consumption Expenditure: General Government from 1961 to 2023 in the chart:
GDP: Growth: Final Consumption Expenditure: Household
AU: GDP: Growth: Final Consumption Expenditure: Household data was reported at 5.096 % in 2023. This records an increase from the previous number of 4.278 % for 2022. AU: GDP: Growth: Final Consumption Expenditure: Household data is updated yearly, averaging 3.318 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 7.047 % in 1964 and a record low of -3.322 % in 2020. AU: GDP: Growth: Final Consumption Expenditure: Household data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth of household and NPISHs final consumption expenditure based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Household and NPISHs final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. This indicator includes the expenditures of nonprofit institutions serving households even when reported separately by the country.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 5.096 2023 | yearly | 1961 - 2023 |
View Australia's GDP: Growth: Final Consumption Expenditure: Household from 1961 to 2023 in the chart:
Australia GDP: Growth: Final Consumption Expenditure: Household: Include Discrepancy
AU: GDP: Growth: Final Consumption Expenditure: Household: Include Discrepancy data was reported at 3.210 % in 2016. This records an increase from the previous number of 2.597 % for 2015. AU: GDP: Growth: Final Consumption Expenditure: Household: Include Discrepancy data is updated yearly, averaging 3.106 % from Jun 1961 (Median) to 2016, with 56 observations. The data reached an all-time high of 8.777 % in 1963 and a record low of -2.313 % in 1962. AU: GDP: Growth: Final Consumption Expenditure: Household: Include Discrepancy data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth of household final consumption expenditure is based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. This item also includes any statistical discrepancy in the use of resources relative to the supply of resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
| Last | Frequency | Range |
|---|---|---|
| 3.21 2016 | yearly | 1961 - 2016 |
View Australia's Australia GDP: Growth: Final Consumption Expenditure: Household: Include Discrepancy from 1961 to 2016 in the chart:
Australia GDP: Growth: Final Consumption Expenditure: Include Discrepancy
AU: GDP: Growth: Final Consumption Expenditure: Include Discrepancy data was reported at 3.349 % in 2016. This records an increase from the previous number of 2.992 % for 2015. AU: GDP: Growth: Final Consumption Expenditure: Include Discrepancy data is updated yearly, averaging 3.222 % from Jun 1961 (Median) to 2016, with 56 observations. The data reached an all-time high of 7.789 % in 1963 and a record low of -1.087 % in 1962. AU: GDP: Growth: Final Consumption Expenditure: Include Discrepancy data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
| Last | Frequency | Range |
|---|---|---|
| 3.35 2016 | yearly | 1961 - 2016 |
View Australia's Australia GDP: Growth: Final Consumption Expenditure: Include Discrepancy from 1961 to 2016 in the chart:
GDP: Growth:(GDP) Gross Domestic Productper Capita
AU: GDP: Growth: GDP per Capita data was reported at 0.603 % in 2023. This records a decrease from the previous number of 2.950 % for 2022. AU: GDP: Growth: GDP per Capita data is updated yearly, averaging 1.897 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 5.085 % in 1970 and a record low of -3.553 % in 1983. AU: GDP: Growth: GDP per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP per capita based on constant local currency. GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 0.603 2023 | yearly | 1961 - 2023 |
View Australia's GDP: Growth:(GDP) Gross Domestic Productper Capita from 1961 to 2023 in the chart:
GDP: Growth: GNI
AU: GDP: Growth: GNI data was reported at 2.435 % in 2023. This records a decrease from the previous number of 3.910 % for 2022. AU: GDP: Growth: GNI data is updated yearly, averaging 3.856 % from Jun 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 8.605 % in 1964 and a record low of -2.135 % in 1983. AU: GDP: Growth: GNI data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 2.435 2023 | yearly | 1961 - 2023 |
View Australia's GDP: Growth: GNI from 1961 to 2023 in the chart:
GDP: Growth: GNI per Capita
AU: GDP: Growth: GNI per Capita data was reported at 0.035 % in 2023. This records a decrease from the previous number of 2.596 % for 2022. AU: GDP: Growth: GNI per Capita data is updated yearly, averaging 2.498 % from Jun 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 6.494 % in 1964 and a record low of -3.465 % in 1983. AU: GDP: Growth: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 0.035 2023 | yearly | 1961 - 2023 |
View Australia's GDP: Growth: GNI per Capita from 1961 to 2023 in the chart:
GDP: Growth: Gross Capital Formation
AU: GDP: Growth: Gross Capital Formation data was reported at 5.717 % in 2021. AU: GDP: Growth: Gross Capital Formation data is updated yearly, averaging 5.717 % from Jun 2021 (Median) to 2021, with 1 observations. The data reached an all-time high of 5.717 % in 2021 and a record low of 5.717 % in 2021. AU: GDP: Growth: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 2008 SNA, net acquisitions of valuables are also considered capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 5.717 2021 | yearly | 2021 - 2021 |
View Australia's GDP: Growth: Gross Capital Formation from 2021 to 2021 in the chart:
GDP: Growth: Gross Fixed Capital Formation
AU: GDP: Growth: Gross Fixed Capital Formation data was reported at 1.868 % in 2023. This records a decrease from the previous number of 7.056 % for 2022. AU: GDP: Growth: Gross Fixed Capital Formation data is updated yearly, averaging 4.519 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 12.788 % in 1981 and a record low of -9.480 % in 1991. AU: GDP: Growth: Gross Fixed Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 2008 SNA, net acquisitions of valuables are also considered capital formation.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 1.868 2023 | yearly | 1961 - 2023 |
View Australia's GDP: Growth: Gross Fixed Capital Formation from 1961 to 2023 in the chart:
GDP: Growth: Gross Value Added: Agriculture
AU: GDP: Growth: Gross Value Added: Agriculture data was reported at -7.956 % in 2020. This records an increase from the previous number of -10.129 % for 2019. AU: GDP: Growth: Gross Value Added: Agriculture data is updated yearly, averaging 2.672 % from Jun 1976 (Median) to 2020, with 45 observations. The data reached an all-time high of 43.297 % in 1984 and a record low of -21.861 % in 1983. AU: GDP: Growth: Gross Value Added: Agriculture data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for agricultural value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| -7.956 2020 | yearly | 1976 - 2020 |
View Australia's GDP: Growth: Gross Value Added: Agriculture from 1976 to 2020 in the chart:
GDP: Growth: Gross Value Added: Agriculture, Forestry, and Fishing
AU: GDP: Growth: Gross Value Added: Agriculture, Forestry, and Fishing data was reported at 3.244 % in 2023. This records a decrease from the previous number of 15.722 % for 2022. AU: GDP: Growth: Gross Value Added: Agriculture, Forestry, and Fishing data is updated yearly, averaging 3.053 % from Dec 1976 (Median) to 2023, with 48 observations. The data reached an all-time high of 43.300 % in 1984 and a record low of -21.863 % in 1983. AU: GDP: Growth: Gross Value Added: Agriculture, Forestry, and Fishing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for agricultural, forestry, and fishing value added based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Agriculture corresponds to ISIC divisions 01-03 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 3.244 2023 | yearly | 1976 - 2023 |
View Australia's GDP: Growth: Gross Value Added: Agriculture, Forestry, and Fishing from 1976 to 2023 in the chart:
GDP: Growth: Gross Value Added: Industry
AU: GDP: Growth: Gross Value Added: Industry data was reported at 2.558 % in 2019. This records a decrease from the previous number of 2.789 % for 2018. AU: GDP: Growth: Gross Value Added: Industry data is updated yearly, averaging 2.325 % from Jun 1976 (Median) to 2019, with 44 observations. The data reached an all-time high of 8.371 % in 1988 and a record low of -4.283 % in 1983. AU: GDP: Growth: Gross Value Added: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 2.558 2019 | yearly | 1976 - 2019 |
View Australia's GDP: Growth: Gross Value Added: Industry from 1976 to 2019 in the chart:
GDP: Growth: Gross Value Added: Industry: Manufacturing
AU: GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at -1.063 % in 2023. This records a decrease from the previous number of 2.750 % for 2022. AU: GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 1.474 % from Dec 1976 (Median) to 2023, with 48 observations. The data reached an all-time high of 6.670 % in 1988 and a record low of -8.225 % in 1983. AU: GDP: Growth: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 10-33. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| -1.063 2023 | yearly | 1976 - 2023 |
View Australia's GDP: Growth: Gross Value Added: Industry: Manufacturing from 1976 to 2023 in the chart:
Australia GDP: Growth: Gross Value Added: Services
AU: GDP: Growth: Gross Value Added: Services data was reported at 3.140 % in 2016. This records an increase from the previous number of 2.757 % for 2015. AU: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 3.686 % from Jun 1976 (Median) to 2016, with 41 observations. The data reached an all-time high of 6.016 % in 1988 and a record low of -1.662 % in 1983. AU: GDP: Growth: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.
| Last | Frequency | Range |
|---|---|---|
| 3.14 2016 | yearly | 1976 - 2016 |
View Australia's Australia GDP: Growth: Gross Value Added: Services from 1976 to 2016 in the chart:
GDP: Growth: Household Final Consumption Expenditure per Capita
AU: GDP: Growth: Household Final Consumption Expenditure per Capita data was reported at 2.634 % in 2023. This records a decrease from the previous number of 2.959 % for 2022. AU: GDP: Growth: Household Final Consumption Expenditure per Capita data is updated yearly, averaging 1.808 % from Dec 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 4.967 % in 1964 and a record low of -4.508 % in 2020. AU: GDP: Growth: Household Final Consumption Expenditure per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth of household final consumption expenditure per capita, which is calculated using household final consumption expenditure in constant 2010 prices and World Bank population estimates. Household final consumption expenditure (private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 2.634 2023 | yearly | 1961 - 2023 |
View Australia's GDP: Growth: Household Final Consumption Expenditure per Capita from 1961 to 2023 in the chart:
GDP: Growth: Imports of Goods and Services
AU: GDP: Growth: Imports of Goods and Services data was reported at 9.292 % in 2023. This records an increase from the previous number of 6.905 % for 2022. AU: GDP: Growth: Imports of Goods and Services data is updated yearly, averaging 6.595 % from Jun 1961 (Median) to 2023, with 63 observations. The data reached an all-time high of 30.338 % in 1974 and a record low of -14.259 % in 1962. AU: GDP: Growth: Imports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 9.292 2023 | yearly | 1961 - 2023 |