The statistical information on this site may not be the latest. For the most up to date information visit the ABS website abs.gov.au

Key economic indicators

Overview of key economic statistics.

All data is trend data unless stated otherwise.

National Accounts

IndicatorPeriodUnitValueChange previous periodChange same period last year
Gross domestic product GDP, Chain volume measuresMar Qtr 2020$mnanana
Gross domestic product GDP, Chain volume measures - annual2018-19$m1,887,0192.0%na

International Accounts

IndicatorPeriodUnitValueChange previous periodChange same period last year
Balance on Goods and ServicesMay 2020$mnanana
Total Goods and Services CreditsMay 2020$mnanana
Total Goods and Services DebitsMay 2020$mnanana
Balance on Current AccountMar qtr 2020$mnanana
Net International Investment Position (IIP) - originalMar qtr 2020$m808,078-11.2%-19.2%
Net Foreign Debt - originalMar qtr 2020$m1,146,3390.32.2

Consumption and investment

IndicatorPeriodUnitValueChange previous periodChange same period last year
Retail turnover at current pricesMay 2020$mnanana
Actual New Capital Expenditure in volume termsMarch Quarter 2020$mnanana
Inventories held by Private Businesses, in volume termsMar 2020$mnanana
Total new motor vehicle salesDec 2017no.99,7560.2%2.8%

Production

IndicatorPeriodUnitValueChange previous periodChange same period last year
Income from sales of goods and services by Manufacturers in volume termsMar 2020$mnanana
Dwelling unit approvalsMay 2020no.nanana
Building approvalsMay 2020$mnanana
Total dwelling units commencedMar 2020no.43,3121.2%-6.4%
Building work done - chain volume measuresMarch qtr 2020$m28,981.1-1.4%-6.3%
Engineering construction work done - chain volume measuresMarch qtr 2020$m20,583.3-1.3%-4.8%

Prices

IndicatorPeriodUnitValueChange previous periodChange same period last year
Consumer price index (2011-12 = 100.0) - originalMar qtr 2020Index no.116.60.3%2.2%
Producer Price Indexes, Final Demand (2011-12 = 100.0) - originalMar qtr 2020Index no.112.6+0.2%+1.3%
Import price index (2011-12 = 100.0) - originalMar qtr 2020Index no.113.1-1.0%0.9%
Export price index (2011-12 = 100.0) - originalMar qtr 2020Index no.111.72.72.3
Wage Price Index (2008-2009 = 100.0) - originalMar qtr 2020Index no.134.10.4%2.2%

Labour force and demography

IndicatorPeriodUnitValueChange previous periodChange same period last year
Employed persons - seasonally adjustedApril 2020'00012418.7-4.6%-3.1%
Participation rate - seasonally adjustedApril 2020%63.5-2.4 pts-2.3 pts
Unemployment rate - seasonally adjustedApril 2020%6.21.0 pts1.0 pts
Employment to Population ratio - seasonally adjustedApril 2020%59.6-2.9 pts-2.8 pts
Job VacanciesMay qtr 2020'000129.1-43.2%-43.4%
Estimated resident population - (preliminary)Dec Qtr 2019'00025,522.20.31.4
Short-term overseas visitor arrivals (a)April 2020'000nanana

Incomes

IndicatorPeriodUnitValueChange previous periodChange same period last year
Company gross operating profits (in current price terms)Mar 2020$mnanana
Average weekly ordinary time earnings, full-time adultsNov 2019$1,658.70np3.2%

Lending Indicators

IndicatorPeriodUnitValueChange previous periodChange same period last year
New housing loan commitmentsMay 2020$m. .. .. .
New housing loan commitments to Owner OccupiersMay 2020$m. .. .. .
New housing loan commitments to InvestorsMay 2020$m. .. .. .
New personal loan commitments for fixed term loansMay 2020$m. .. .. .
New business loan commitments for constructionMay 2020$m. .. .. .
New business loan commitments for the purchase of propertyMay 2020$m. .. .. .

NA - not available

NP - not published

. . not applicable or not available

(a) Data revised from July 2004 to December 2013. For information see Overseas arrivals and departures methodology

For unemployment and participation rates, the changes are given as percentage points.