Australia
Headline economic indicators for Australia, with the most recent official readings.
- GDP growth, year on year (quarterly) 2.1% -0.40 (-16.0%) Jun 2026
- Inflation rate (monthly) 4.3% +0.30 (+7.5%) Sep 2026
- Central bank policy rate 4.6% +0.25 (+5.7%) Sep 2026
- Unemployment rate (monthly) 4.7% +0.07 (+1.4%) Sep 2026
- 10-year government bond yield (monthly) 5.3% +0.27 (+5.3%) Sep 2026
- Government debt to GDP 57.9% -11.95 (-17.1%) 2022
Prices
| Indicator | Value | Change | Trend |
|---|---|---|---|
| Inflation rate · | 2.9% | -0.29 (-9.2%) | |
| Consumer price index · | 148.5 | +4.15 (+2.9%) | |
| Inflation rate (monthly) · | 4.3% | +0.30 (+7.5%) | |
| Consumer price index (monthly) · | 104.3 | +0.84 (+0.8%) | |
| Inflation rate (quarterly) · | 3.9% | +0.00 (+0.0%) | |
| Consumer price index (quarterly) · | 103.6 | +1.33 (+1.3%) | |
| House price index (quarterly) · | 216.4 | -0.29 (-0.1%) | |
| House price inflation, year on year (quarterly) · | 8.3% | -2.03 (-19.8%) | |
| Real house price index (quarterly) · | 141.2 | -1.04 (-0.7%) | |
| Real house price growth, year on year (quarterly) · | 4.2% | -1.80 (-30.2%) | |
| GDP deflator inflation · | 2.3% | -0.28 (-10.8%) |
GDP
| Indicator | Value | Change | Trend |
|---|---|---|---|
| GDP growth rate · | 1.4% | -0.02 (-1.7%) | |
| GDP per capita · | 65,129.72 | +519.74 (+0.8%) | |
| GDP growth, quarter on quarter · | 0.4% | +0.10 (+33.3%) | |
| GDP growth, year on year (quarterly) · | 2.1% | -0.40 (-16.0%) | |
| GDP per capita, long-run history · | 52,049 | +1,344 (+2.7%) | |
| GDP · | 1,798,518,933,689.21 | +41,496,482,036 (+2.4%) | |
| GDP, PPP · | 1,986,426,180,338 | +25,231,853,405 (+1.3%) | |
| GDP per capita, PPP · | 71,934 | -183.48 (-0.3%) | |
| GDP per capita growth · | -0.2% | +0.43 (+69.0%) | |
| GNI per capita · | 64,120 | +1,440 (+2.3%) | |
| Agriculture to GDP · | 2.3% | +0.23 (+11.3%) | |
| Industry to GDP · | 23.9% | -1.64 (-6.4%) | |
| Manufacturing to GDP · | 5.3% | -0.06 (-1.1%) | |
| Services to GDP · | 67.5% | +1.35 (+2.0%) | |
| Household consumption to GDP · | 51.9% | +0.42 (+0.8%) | |
| Gross capital formation to GDP · | 24.5% | +0.14 (+0.6%) | |
| Gross savings to GDP · | 22.2% | -0.77 (-3.3%) |
Labour
| Indicator | Value | Change | Trend |
|---|---|---|---|
| Unemployment rate · | 4.1% | +0.15 (+3.8%) | |
| Unemployment rate (monthly) · | 4.7% | +0.07 (+1.4%) | |
| Labour force participation rate (monthly) · | 66.8% | -0.23 (-0.3%) | |
| Labour force participation rate · | 66.5% | -0.18 (-0.3%) | |
| Female labour force participation rate · | 62.5% | -0.13 (-0.2%) | |
| Youth unemployment rate · | 9.6% | +0.20 (+2.1%) | |
| Employment to population ratio · | 63.8% | -0.27 (-0.4%) | |
| Employment in agriculture · | 2.2% | -0.05 (-2.4%) | |
| Employment in industry · | 19.3% | -0.07 (-0.3%) | |
| Employment in services · | 78.5% | +0.12 (+0.2%) |
Money
Trade
| Indicator | Value | Change | Trend |
|---|---|---|---|
| Current account to GDP · | -2.8% | -0.45 (-19.5%) | |
| Exports to GDP · | 23.2% | -1.38 (-5.6%) | |
| Imports to GDP · | 22.7% | +0.13 (+0.6%) | |
| Trade to GDP · | 45.9% | -1.24 (-2.6%) | |
| Exports of goods and services · | 418,055,624,770.65 | -14,550,080,779 (-3.4%) | |
| Imports of goods and services · | 407,490,633,310.53 | +11,741,407,901 (+3.0%) | |
| Trade balance, goods and services (annual) · | 4,584,442,592.45 | -15,211,366,997 (-76.8%) | |
| Current account balance (annual) · | -49,740,692,862.45 | -9,071,994,553 (-22.3%) | |
| Foreign direct investment to GDP · | 2.1% | -0.99 (-32.3%) | |
| Remittances received to GDP · | 0.1% | +0.01 (+10.8%) | |
| Total reserves, including gold · | 72,632,706,749.98 | +12,228,648,481 (+20.2%) | |
| Reserves in months of imports · | 1.6 | +0.23 (+17.1%) |
Government
| Indicator | Value | Change | Trend |
|---|---|---|---|
| Government debt to GDP · | 57.9% | -11.95 (-17.1%) | |
| Government revenue to GDP · | 26.1% | +0.50 (+2.0%) | |
| Government expense to GDP · | 27.6% | -4.97 (-15.3%) | |
| Tax revenue to GDP · | 23.6% | +0.56 (+2.4%) | |
| Government budget balance to GDP · | -1.3% | +5.50 (+80.3%) | |
| Government consumption to GDP · | 23.1% | +1.00 (+4.5%) | |
| Education spending to GDP · | 5.1% | -0.28 (-5.3%) | |
| Health spending to GDP · | 10.4% | +0.51 (+5.1%) |
Demography
| Indicator | Value | Change | Trend |
|---|---|---|---|
| Population · | 27,614,411 | +420,125 (+1.5%) | |
| Population, long-run history · | 25,826 | +252.89 (+1.0%) | |
| Population growth · | 1.5% | -0.45 (-22.7%) | |
| Life expectancy · | 83.1 | +0.00 (+0.0%) | |
| Fertility rate · | 1.48 | -0.02 (-1.2%) | |
| Birth rate · | 10.7 | -0.10 (-0.9%) | |
| Death rate · | 6.9 | +0.01 (+0.1%) | |
| Urban population share · | 87.7% | +0.12 (+0.1%) | |
| Population aged 65 and over · | 18.1% | +0.36 (+2.0%) | |
| Under-five mortality rate · | 3.6 | -0.10 (-2.7%) | |
| Population density · | 3.5 | +0.07 (+2.1%) | |
| Net migration · | 137,109 | -1,401 (-1.0%) | |
| Gini index · | 33.8 | -0.50 (-1.5%) |
Source: Australian Bureau of Statistics (ABS), licensed under Creative Commons Attribution 4.0 International. Rates of change are derived by ChartBasis from ABS data. This does not imply endorsement by the ABS.
Source: Bank for International Settlements (BIS). Translated titles are not official BIS translations.
Source: Bolt, J. and van Zanden, J.L. (2024), Maddison style estimates of the evolution of the world economy: A new 2023 update, Journal of Economic Surveys, 1-41, DOI 10.1111/joes.12618. Licensed under CC BY 4.0. The original sources are listed on each page.
Source: Reserve Bank of Australia 2026. This does not imply any endorsement by the Reserve Bank of Australia.
Original sources of these estimates
GDP pc: 2008 - 2022: Total Economy Database the Conference Board for all countries included in TED. Otherwise UN national accounts statistics
Australia
- 1820-1828: Butlin, N.G. 'Our 200 Years', Queesland Calendar, 1988
- 1828-1860: N.G. Butlin, "Contours of the Australian Economy 1788-1860", Australian Economic Review, Sept. 1986, pp. 112-13;
- 1861-1938/9: N.G. Butlin, Australian Domestic Product, Investment and Foreign Borrowing 1861-1938/9, Cambridge, 1962,pp.460-1; amdended as indicated in N.G. Butlin, Investment in Australian Economic Development 1861-19000, Cambridge, 1964, p. 453 and with revised deflator shown in M.W. Butlin, A Preliminary Annual Databae 1900/1901 to 1973/1974, Discussion Paper 7701, Reserve Bank of Australia, 1977, p. 41
- 1938/9-1950: from expenditure aggregates in 1966/7 prices in M.W. Butlin, RS/FLW/, p.85.
Economies nearby
Comparable readings from neighbouring economies.