Australia | Economic Forecasts | 2014-2030 Outlook

Markets Last Q3 Q4 Q1 2015 2020 2030
Currency 0.89 0.85 0.91 0.91 0.92 0.91 0.96 [+]
Government Bond 10Y 3.60 3.65 3.7 3.8 4 4.7 5.45 [+]
Stock Market 5407.30 5643 5590 5554 5498 6306 6964 [+]
GDP Last Q3 Q4 Q1 2015 2020 2030
GDP 1560.60 1564 1564 1595 2917 1928 2255 [+]
GDP Growth Rate 0.50 0.7 0.8 0.7 0.85 2.97 2.97 [+]
GDP Annual Growth Rate 3.10 3 3 3.56 3.12 2.79 2.79 [+]
GDP Constant Prices 394929.00 401863 403508 404979 414771 488983 624313 [+]
Gross National Product 374613.00 382533 383501 387763 393671 418983 466660 [+]
GDP per capita 37492.85 37779 37841 37900 43259 46911 53710 [+]
Gross Fixed Capital Formation 104913.00 104066 103929 103885 104224 104583 104531 [+]
GDP per capita PPP 42809.93 42840 43208 43275 49394 53562 61323 [+]
Labour Last Q3 Q4 Q1 2015 2020 2030
Unemployment Rate 6.10 6.2 6.4 6.4 6.4 5.8 5.8 [+]
Employed Persons 11703.51 11688 11734 11779 13211 13997 15593 [+]
Full Time Employment 14332.80 18352 18431 18374 17942 17906 17906 [+]
Employment Change 121036.50 54857 57598 60926 54590 53968 53969 [+]
Unemployed Persons 755.07 771 784 793 795 776 773 [+]
Job Vacancies 133292.30 131172 131892 134617 131834 129812 130386 [+]
Youth Unemployment Rate 14.10 13.9 14.16 14.5 14.54 8.02 8.02 [+]
Productivity 105.90 107 108 108 123 132 149 [+]
Labor Force Participation Rate 65.24 64.89 64.91 64.94 64.93 64.9 64.9 [+]
Wages 1123.00 1300 1153 1162 1172 1181 1300 [+]
Wages In Manufacturing 1216.30 1342 1348 1365 1392 1264 1500 [+]
Labour Costs 101.20 102 102 102 103 103 102 [+]
Population 23.13 23.38 23.16 23.54 23.78 25.21 27.34 [+]
Retirement Age Women 64.50 65 65 65 65 66 68.5 [+]
Retirement Age Men 65.00 65 65 65 65 66 68.5 [+]
Minimum Wages 622.20 624 641 644 651 687 590 [+]
Prices Last Q3 Q4 Q1 2015 2020 2030
Inflation Rate 3.00 2.4 2.6 2.6 2.8 4.01 3.61 [+]
Inflation Rate Mom 0.50 0.53 0.49 0.57 0.67 2.3 2.55 [+]
Consumer Price Index CPI 105.90 109 109 108 154 205 350 [+]
Core Inflation Rate 2.81 2.96 2.98 2.96 2.83 3.77 3.95 [+]
Core Consumer Prices 106.10 107 107 107 122 136 166 [+]
GDP Deflator 101.40 102 103 103 104 99.28 100 [+]
Producer Prices 103.80 105 106 106 164 222 396 [+]
Producer Prices Change 2.27 2.6 2.76 2.68 2.18 3.91 3.54 [+]
Export Prices 88.80 93.09 92.78 92.49 93.12 93.13 93.01 [+]
Import Prices 105.10 109 109 108 105 108 109 [+]
Food Inflation 2.50 3.1 3.16 2.9 2 2.49 2.49 [+]
Money Last Q3 Q4 Q1 2015 2020 2030
Interest Rate 2.50 2.5 2.5 2.75 2.75 3.25 4.5 [+]
Interbank Rate 2.88 3.1 3.2 3.3 3.5 4 5 [+]
Money Supply M1 303466.00 316186 321118 323931 337295 335453 345226 [+]
Money Supply M3 1665651.00 1716998 1742037 1766776 1965796 2526509 3466808 [+]
Central Bank Balance Sheet 136301.00 157368 156519 159500 148800 149595 149916 [+]
Foreign Exchange Reserves 62714.00 62969 65378 64351 62008 62778 62928 [+]
Loans to Private Sector 1960512.00 2018446 2050369 2086762 2155337 2896144 4538339 [+]
Banks Balance Sheet 3309.11 [+]
Money Supply M0 106.25 114 118 122 108 123 124 [+]
Trade Last Q3 Q4 Q1 2015 2020 2030
Balance of Trade -1359.00 -1311 -1618 -1352 -5080 -7330 -12950 [+]
Exports 27022.00 27444 27256 27452 30530 32318 35997 [+]
Imports 28381.00 28755 28874 28805 35662 39758 49271 [+]
Current Account -13742.00 -9187 -9836 -10404 -11113 -9540 -10399 [+]
Current Account to GDP -2.90 -2.45 -2.81 -2.52 -2.84 -0.1 -0.05 [+]
External Debt 1513542.00 1620675 1657355 1671003 1611962 1521264 1417272 [+]
Terms of Trade 87.10 86.15 86.22 86.75 88.04 87 87.25 [+]
Foreign Direct Investment 52667.00 51576 51532 51509 51477 51468 51468 [+]
Capital Flows 10854.00 9884 9477 9523 11107 17801 29830 [+]
Tourist Arrivals 452400.00 531438 695787 589278 692244 692717 692717 [+]
Gold Reserves 79.85 79.85 79.85 79.85 79.85 79.85 79.85 [+]
Crude Oil Production 309.00 329 314 365 381 457 195 [+]
Government Last Q3 Q4 Q1 2015 2020 2030
Government Budget -1.20 -1.3 -1.3 0.81 -1.3 2.08 2.14 [+]
Government Debt to GDP 20.48 20.33 20.46 20.24 20.12 19.63 19.35 [+]
Government Budget Value -7126.00 -8156 -5226 -3987 -5068 -5100 -5100 [+]
Government Spending 68422.00 69648 69616 69392 107340 132735 216431 [+]
Credit Rating 96.54 [+]
Business Last Q3 Q4 Q1 2015 2020 2030
Business Confidence 8.00 8.08 9.53 8.72 7.24 16.3 23.21 [+]
Manufacturing PMI 47.30 47.9 48.29 48.93 48.17 48.18 48.19 [+]
Services PMI 49.40 51.36 52.37 54.21 52.82 52.57 52.57 [+]
Industrial Production 4.63 5.31 5.31 5.05 4.47 4.06 4.3 [+]
Manufacturing Production -0.51 -2.41 -2.28 -2.16 0.05 3.89 3.84 [+]
Capacity Utilization 80.68 80.65 80.76 80.54 80.56 80.55 80.54 [+]
New Orders 3.00 13.83 12.9 10.89 11.07 9.93 9.94 [+]
Changes in Inventories 1072.00 -810 -571 -830 -697 -684 -684 [+]
Bankruptcies 841.00 600 753 720 639 361 199 [+]
Corporate Profits 65127.00 63916 64032 64012 64009 64009 64009 [+]
Car Registrations 91391.00 93657 92356 91626 94975 121889 154674 [+]
Industrial Production Mom -0.36 1.97 1.73 1.58 1.76 3.85 3.95 [+]
Total Vehicle Sales 93479.00 3448 2586 2069 -62076 -74205 -74285 [+]
Consumer Last Q3 Q4 Q1 2015 2020 2030
Consumer Confidence 93.97 89.37 90.82 89.27 92.95 134 140 [+]
Retail Sales MoM 0.40 0.29 0.1 0.31 0.11 4.01 3.96 [+]
Retail Sales YoY 5.20 2.39 3.93 6.23 6.09 4.25 4.4 [+]
Consumer Spending 210714.00 214039 214425 215943 242745 260649 290134 [+]
Disposable Personal Income 268490.00 275383 277817 278553 316653 306657 373197 [+]
Personal Savings 9.70 9.28 9.71 9.8 9.89 0.9 0.09 [+]
Consumer Credit 2204936.00 2260514 2292893 2324548 2385749 2866974 3367766 [+]
Private Sector Credit 0.40 0.64 0.57 0.6 0.57 0.57 0.57 [+]
Bank Lending Rate 9.30 9.3 9.3 9.3 9.3 9.3 9.3 [+]
Housing Last Q3 Q4 Q1 2015 2020 2030
Housing Index 1.80 2.8 2.8 1.69 2.34 2.55 2.45 [+]
Building Permits 2.50 -2.25 -1.51 -0.99 -1.02 -1.11 -1.11 [+]
New Home Sales 7054.00 6947 6919 8291 6811 6848 6847 [+]
Taxes Last Q3 Q4 Q1 2015 2020 2030
Corporate Tax Rate 30.00 30 30 30 30 30 30 [+]
Personal Income Tax Rate 45.00 45 45 45 45 45 45 [+]
Sales Tax Rate 10.00 10 10 10 10 10 10 [+]
Social Security Rate 10.75 11 11 11 11 10 11 [+]
Social Security Rate For Companies 9.25 9 9 9 10 9 9 [+]
Social Security Rate For Employees 1.50 2 2 2 2 2 2 [+]






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This page includes economic forecasts for Australia. 9/18/2014