Home » Country Profiles
Select a country/region

Australia-ECONOMIC INDICATORS

Economic forecasts


 
Indicators
2005
2006
GDP (USD billion)
683.759  
708.791  
Real GDP growth (constant prices)
2.2 % 
3.2 %
GDP per capita (USD)
33526.265  
34324.578  
Inflation rate
2.6 % 
2.7 % 
Source : IMF - 2005 data


General economic indicators

Indicators 2002 2003 2004
GDP (USD billion) 409.2   522.4   631.3  
Real GDP growth (constant prices) 2.8 % 3.8 % 3.0 %
GDP per capita (USD) 21126   21688   22074  
Inflation rate 3.0 % 2.8 % 2.3 %
Unemployment rate 6.1%   5.7%   5.4%  
External debt (USD billion) ..   ..   ..  
Australian Dollar rate on 12/31 (1 US$)   1.7711   1.3351   1.2803  
Sources : IMF - 2005 data, World bank, Oanda


GDP per activity sector 2002 2003 2004
Agriculture and fishing 2.9%   ..   ..  
Industry and mining 25.9%   ..     ..  
Services 71.1%   ..     ..  
Sources : World bank


Investments


FDI inflows (USD million) 2002 2003 2004 World rank
Foreign Direct Investments (F.D.I.) 15632   6955   42594   5 / 197
Source : UNCTAD "World Investment Report 2005 "


Foreign Trade


General indicators


Indicators (USD billion) 2002 2003 2004
Imports of goods (f.o.b.) 70.5   85.9   105.0  
Export of goods (f.o.b) 65.0   70.5   87.0  
Trade balance -5.5   -15.3   -18.0  
Balance of payments -16.8   -30.4   -39.5  
Sources : World bank, IMF


Indicators 2002 2003 2004
Share of foreign trade in GDP 41.9%   ..   ..  
Share of imports in GDP 22.2%   ..   ..  
Share of exports in GDP 19.7%   ..   ..  
Imports of goods and services (percent change) 13.4%   ..   ..  
Exports of goods and services (percent change) -0.6%   ..   ..  
Sources : World bank, IMF


Trade in goods/services by major category


2003 Imports Exports
Total Trade in Goods (USD billion):     85.9     70.5    
Agricultural raw materials 1%   5%  
Food products 5%   19%  
Hydrocarbons 8%   21%  
Manufactured products (chemicals, machines,...) 84%   30%  
Ores and metals 1%   16%  
Other goods 1%   9%  


2003 Imports Exports
Total Trade in Services (USD billion): 21   21  
Transport 34%   23%  
Tourisme 35%   50%  
Other services (insurance, financial services, telecommunications,...) 31%   27%  
Source : World Bank


Trade Data, by HS Code :
Source : www.intracen.org, last available data


Trade by partner countries



Main clients
(% of exports)
2004
Japan   15.8%  
Special Categories   11.7%  
USA   7.9%  
New Zealand   7.2%  
China   7.1%  

Main suppliers
(% of imports)
2004
USA   15.9%  
Japan   12.3%  
China   10.9%  
Germany   6%  
United Kingdom   4.2%  
Source : COMTRADE


All Offers/Products/Company Profiles/Images and other user-posted contents are posted by the user and Tradett shall not be held liable for any such content. However, Tradett respects the intellectual property, copyright, trademark, trade secret or any other personal or proprietary third party rights and expects the same from others. To see our intellectual property policy and for intellectual property rights click here.