Australia | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q4/14 Q1/15 2020 2030 2050
Currency 0.86 0.89 0.88 0.32 0.52 0.43 [+]
Government Bond 10Y 3.31 3.17 3.21 3.13 3.13 3.13 [+]
Stock Market 5304.30 5591 5632 6617 8317 11717 [+]
GDP Actual Q4/14 Q1/15 2020 2030 2050
GDP 1560.60 1563 1585 1597 1597 1597 [+]
GDP Growth Rate 0.50 0.99 0.89 0.95 0.95 0.95 [+]
GDP Annual Growth Rate 3.10 3.72 3.62 2.99 3.01 3.05 [+]
GDP Constant Prices 396463.00 400879 402622 412236 412513 412513 [+]
Gross National Product 373130.00 377434 378760 377232 376757 376750 [+]
GDP per capita 37492.85 37519 37805 38259 38314 38316 [+]
Gross Fixed Capital Formation 105566.00 105586 105501 103830 101240 97071 [+]
GDP per capita PPP 42809.93 42840 43202 44084 44385 44421 [+]
Labour Actual Q4/14 Q1/15 2020 2030 2050
Unemployment Rate 6.20 6.22 6.32 6.21 6.22 6.22 [+]
Employed Persons 11592.19 11597 11610 11738 11759 11759 [+]
Full Time Employment 33400.00 3895 4546 3109 3109 3109 [+]
Employment Change 24100.00 7185 9036 12834 12836 12836 [+]
Unemployed Persons 772.09 780 790 805 805 805 [+]
Job Vacancies 137283.60 138573 140703 135631 137049 137306 [+]
Youth Unemployment Rate 13.20 13.44 13.74 13.2 13.36 13.69 [+]
Productivity 105.90 107 107 111 113 116 [+]
Labor Force Participation Rate 64.56 64.54 64.48 64 63.9 63.89 [+]
Wages 1123.00 1131 1136 1166 1168 1168 [+]
Wages In Manufacturing 1216.30 1217 1220 1199 1199 1199 [+]
Labour Costs 101.90 102 102 102 100 101 [+]
Population 23.13 23.16 23.63 25.76 28.83 33.15 [+]
Retirement Age Women 64.50 65 65 66 66 66 [+]
Retirement Age Men 65.00 65 65 65 65 65 [+]
Minimum Wages 640.90 635 646 746 858 735 [+]
Prices Actual Q4/14 Q1/15 2020 2030 2050
Inflation Rate 2.30 2.78 2.75 2.71 2.69 2.69 [+]
Inflation Rate Mom 0.50 0.43 0.3 0.49 0.49 0.49 [+]
Consumer Price Index CPI 106.40 107 108 112 119 128 [+]
Core Inflation Rate 2.11 2.47 2.43 2.45 2.45 2.45 [+]
Core Consumer Prices 106.50 107 108 115 118 118 [+]
GDP Deflator 100.90 102 102 101 95.75 90.77 [+]
Producer Prices 104.00 105 105 112 121 132 [+]
Producer Prices Change 1.20 1.82 1.76 1.77 1.82 1.82 [+]
Export Prices 85.30 85.43 87.02 87.55 87.55 87.55 [+]
Import Prices 104.30 104 104 104 104 104 [+]
Food Inflation 3.50 4.06 4.27 3.05 3.21 3.22 [+]
Money Actual Q4/14 Q1/15 2020 2030 2050
Interest Rate 2.50 2.5 2.55 3.25 4.5 5.65 [+]
Interbank Rate 2.84 2.82 3.04 3.5 4.62 6.86 [+]
Money Supply M1 308890.00 311523 315055 391777 515037 727561 [+]
Money Supply M3 1705346.00 1738382 1767687 2049125 2090585 2091844 [+]
Central Bank Balance Sheet 136990.00 137076 134664 133985 133985 133985 [+]
Foreign Exchange Reserves 53618.00 60877 60067 60251 60281 60282 [+]
Loans to Private Sector 1990025.00 2023110 2055669 2490255 2495396 2494222 [+]
Banks Balance Sheet 3449.86 3521 3593 3798 3798 3798 [+]
Money Supply M0 86.96 87.46 87.13 87.44 87.41 87.37 [+]
Trade Actual Q4/14 Q1/15 2020 2030 2050
Balance of Trade -2261.00 -2058 -2204 -1664 -1713 -1713 [+]
Exports 26457.00 25992 25700 26415 26367 26365 [+]
Imports 28718.00 28059 27925 28040 28040 28040 [+]
Current Account -13742.00 -10084 -10641 -10726 -11135 -11327 [+]
Current Account to GDP -2.90 -2.81 -2.14 -1.9 -1.9 -1.9 [+]
External Debt 1576455.00 1655979 1685485 1686660 1686470 1686473 [+]
Terms of Trade 83.40 82.12 80.83 67.75 64.36 64.11 [+]
Foreign Direct Investment 52667.00 52416 52413 52403 52403 52403 [+]
Capital Flows 10854.00 9365 9062 10511 10470 10470 [+]
Tourist Arrivals 517500.00 653691 564595 653019 653017 653017 [+]
Gold Reserves 79.85 79.85 79.85 79.85 79.85 79.85 [+]
Crude Oil Production 337.00 326 312 328 328 328 [+]
Government Actual Q4/14 Q1/15 2020 2030 2050
Government Budget -1.20 -1.3 0.57 1.44 1.47 1.47 [+]
Government Debt to GDP 20.48 19.94 14.08 5.57 4.73 4.72 [+]
Government Budget Value -5933.00 -7431 -6571 -7264 -7264 -7264 [+]
Government Spending 68590.00 69011 69197 71718 70847 64148 [+]
Credit Rating 96.54 [+]
Business Actual Q4/14 Q1/15 2020 2030 2050
Business Confidence 4.00 5.26 6.48 5.33 5.31 5.31 [+]
Manufacturing PMI 49.42 48.09 48.81 48.13 48.14 48.14 [+]
Services PMI 43.60 47.11 48.37 46.93 46.93 46.93 [+]
Industrial Production 4.63 5.17 5.23 4.65 4.71 4.7 [+]
Manufacturing Production -0.51 -2.57 -2.47 0.01 0.26 0.51 [+]
Capacity Utilization 80.43 80.51 80.61 80.5 80.53 80.24 [+]
New Orders 30.00 13.17 5.02 14.69 14.62 14.62 [+]
Changes in Inventories 1072.00 951 426 485 485 485 [+]
Bankruptcies 831.00 624 772 644 644 644 [+]
Corporate Profits 65127.00 63916 64032 64009 64009 64009 [+]
Car Registrations 13297260.00 13312720 13616560 15054057 16908227 19056104 [+]
Industrial Production Mom -0.36 0.01 0.24 0.62 0.62 0.62 [+]
Leading Economic Index 97.92 97.84 97.81 97.79 97.79 97.79 [+]
Total Vehicle Sales 94285.00 93276 92399 93532 93532 93532 [+]
Consumer Actual Q4/14 Q1/15 2020 2030 2050
Consumer Confidence 96.57 92.25 93 93.64 93.67 93.67 [+]
Retail Sales MoM 1.20 0.29 0.33 0.29 0.29 0.29 [+]
Retail Sales YoY 5.70 5.82 6.01 5.43 5.43 5.43 [+]
Consumer Spending 210714.00 212445 213132 217126 217244 217244 [+]
Disposable Personal Income 268490.00 272252 273422 277655 277665 277665 [+]
Personal Savings 9.40 8.67 8.68 7.32 7.22 7.22 [+]
Consumer Credit 2223647.00 2254318 2284381 2826119 3319718 3622417 [+]
Private Sector Credit 0.50 0.52 0.56 0.48 0.46 0.48 [+]
Bank Lending Rate 9.30 9.3 9.3 9.3 9.3 9.3 [+]
Housing Actual Q4/14 Q1/15 2020 2030 2050
Housing Index 1.50 1.29 1.31 1.74 1.62 1.63 [+]
Building Permits -11.00 -4.12 -4.32 -3.72 -3.72 -3.72 [+]
New Home Sales 7281.00 7074 8503 7020 7019 7019 [+]
Taxes Actual Q4/14 Q1/15 2020 2030 2050
Corporate Tax Rate 30.00 30 30 30 30 30 [+]
Personal Income Tax Rate 45.00 45 45 45 45 45 [+]
Sales Tax Rate 10.00 10 10 10 10 10 [+]
Social Security Rate 10.75 10.77 10.95 10.42 10.55 10.61 [+]
Social Security Rate For Companies 9.25 9.27 9.47 9.25 9.28 9.26 [+]
Social Security Rate For Employees 1.50 1.5 1.5 1.5 1.5 1.5 [+]





This page includes economic forecasts for Australia. 11/22/2014