Australia | Economic Forecasts | 2014-2050 Outlook


Markets Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Currency 0.87 0.85 0.9 0.9 0.9 0.88 0.84 0.77 [+]
Government Bond 10Y 3.32 3.65 3.7 3.8 2.98 5 6 3.18 [+]
Stock Market 5526.60 5258 5243 5271 5306 6104 7626 10668 [+]
GDP Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
GDP 1560.60 1564 1564 1593 1596 1900 2200 2200 [+]
GDP Growth Rate 0.50 0.7 0.8 0.7 0.88 1 1 0.92 [+]
GDP Annual Growth Rate 3.10 3 3.55 3.36 3.19 2.54 2.79 3.35 [+]
GDP Constant Prices 396463.00 401863 403508 404979 406233 481757 609086 423322 [+]
Gross National Product 373130.00 382533 383501 387763 379493 412791 455278 386245 [+]
GDP per capita 37492.85 37775 37836 37894 37949 38995 39456 39877 [+]
Gross Fixed Capital Formation 105566.00 106401 106712 107023 107334 113870 126318 151216 [+]
GDP per capita PPP 42809.93 43132 43202 43268 43331 44525 45051 45532 [+]
Labour Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Unemployment Rate 6.10 6.2 6.2 6.2 6.2 5.8 5.8 5.8 [+]
Employed Persons 11592.51 11764 11814 11860 11904 12842 14116 15743 [+]
Full Time Employment 21590.00 -8305 -10543 -10232 -9140 -8988 -8988 -8988 [+]
Employment Change -29719.00 10593 9809 10770 11281 12493 12493 12493 [+]
Unemployed Persons 746.55 781 789 794 798 806 806 806 [+]
Job Vacancies 137086.60 134165 137208 137676 135236 128910 128551 130310 [+]
Youth Unemployment Rate 13.20 13.39 13.63 13.74 13.77 13.32 13.19 13.18 [+]
Productivity 105.90 107 108 108 108 116 131 110 [+]
Labor Force Participation Rate 64.53 64.6 64.57 64.6 64.61 64.62 64.62 64.62 [+]
Wages 1123.00 1140 1153 1145 1153 1181 1300 1177 [+]
Wages In Manufacturing 1216.30 1220 1348 1220 1230 1380 1500 1244 [+]
Labour Costs 101.90 103 103 103 103 104 105 106 [+]
Population 23.13 23.53 23.63 23.73 23.83 25.68 28.39 31.67 [+]
Retirement Age Women 64.50 65 65 65 65 66 69 69 [+]
Retirement Age Men 65.00 65 65 65 65 66 69 69 [+]
Prices Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Inflation Rate 2.30 2.4 2.6 2.6 2.68 3 3 2.7 [+]
Inflation Rate Mom 0.50 0.53 0.49 0.57 0.45 0.3 0.3 0.35 [+]
Consumer Price Index CPI 106.40 109 108 109 109 122 144 183 [+]
Core Inflation Rate 2.11 2.43 2.39 2.39 2.4 2.45 2.46 2.46 [+]
Core Consumer Prices 106.50 108 108 109 109 122 143 179 [+]
GDP Deflator 100.90 102 102 102 102 105 112 124 [+]
Producer Prices 104.00 105 106 106 107 120 142 188 [+]
Producer Prices Change 1.20 2.79 2.79 2.66 2.45 2.43 2.45 2.43 [+]
Export Prices 85.30 82.51 84.36 86 86.29 86.27 86.7 87.56 [+]
Import Prices 104.30 104 104 104 104 105 106 107 [+]
Food Inflation 3.50 4.18 4.03 3.51 2.94 3.16 3.25 3.25 [+]
Money Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Interest Rate 2.50 2.5 2.5 2.75 2.55 3.25 4.5 5.65 [+]
Interbank Rate 2.87 3.1 3.2 3.3 3.07 4 5 5.76 [+]
Money Supply M1 308890.00 311213 314353 317488 320536 387908 509803 746207 [+]
Money Supply M3 1705346.00 1735919 1764000 1789892 1813523 2040490 2084022 2105374 [+]
Central Bank Balance Sheet 134073.00 145434 141688 143443 142425 142710 142710 142710 [+]
Foreign Exchange Reserves 60891.00 64167 63425 64794 61609 62325 62430 62431 [+]
Loans to Private Sector 1990025.00 2019723 2052909 2085970 2119045 2813609 4136586 6782542 [+]
Trade Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Balance of Trade -787.00 -1501 -1632 -1458 -1422 -1274 -1298 -1311 [+]
Exports 26372.00 26471 26149 26371 26407 26908 27022 27288 [+]
Imports 27159.00 27972 27780 27828 27829 28182 28320 28599 [+]
Current Account -13742.00 -10321 -10604 -10726 -11042 -12250 -14800 -10805 [+]
Current Account to GDP -2.90 -2.45 -2.46 -2.52 -2.61 -2.84 -2.99 -3 [+]
External Debt 1576455.00 1695552 1719350 1734482 1746696 1692495 1690098 1690108 [+]
Terms of Trade 83.40 82.46 82.78 83.65 84.46 83.98 84.62 84.56 [+]
Foreign Direct Investment 52667.00 52416 52411 52405 52401 52401 52401 52401 [+]
Capital Flows 10854.00 9613 9219 9523 10979 10408 10455 10452 [+]
Tourist Arrivals 538800.00 699484 592952 502784 531643 696347 696346 696346 [+]
Gold Reserves 79.85 79.85 79.85 79.85 79.85 79.85 79.85 79.85 [+]
Crude Oil Production 350.00 336 323 339 341 337 337 337 [+]
Government Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Government Budget -1.20 -1.3 -1.3 0.81 0.81 -1.3 2.08 2.14 [+]
Government Debt to GDP 20.48 20.33 20.46 20.24 20.24 20.12 19.63 19.35 [+]
Government Budget Value -5933.00 -8297 -7034 -6171 -10435 -7680 -7679 -7679 [+]
Government Spending 68590.00 69521 69899 70241 70516 78366 94052 132185 [+]
Credit Rating 96.54 [+]
Business Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Business Confidence 5.00 5.92 7.29 6.71 6.43 5.91 5.9 5.9 [+]
Manufacturing PMI 46.47 47.67 48.32 49.19 47.48 47.8 47.79 47.79 [+]
Services PMI 45.50 50.32 52.29 51.64 50.89 53.88 53.96 53.96 [+]
Industrial Production 4.63 5.15 4.9 4.54 4.34 4.81 4.71 4.7 [+]
Manufacturing Production -0.51 -2.3 -2.19 -2.11 -2.05 0.03 0.28 0.53 [+]
Capacity Utilization 80.17 80.65 80.76 80.54 80.51 80.55 80.54 80.54 [+]
New Orders 30.00 7.74 10.21 14.54 15.25 9.68 9.65 9.65 [+]
Changes in Inventories 1072.00 600 890 736 652 501 502 502 [+]
Bankruptcies 831.00 624 772 732 729 644 644 644 [+]
Corporate Profits 65127.00 63993 64019 64010 64008 64009 64009 64009 [+]
Car Registrations 13297260.00 93657 92356 91626 13771085 120087 150901 20988073 [+]
Consumer Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Consumer Confidence 94.80 89.56 90.36 88.57 92.01 96.82 96.3 88.61 [+]
Retail Sales MoM 0.10 -0.12 0.09 0.29 0.09 0.24 0.49 0.74 [+]
Retail Sales YoY 5.00 6.6 6.91 6.92 6.58 6.24 6.24 6.24 [+]
Consumer Spending 210714.00 213025 213728 214355 214913 221257 222756 224955 [+]
Disposable Personal Income 268490.00 272946 273994 274775 275379 280042 281434 284207 [+]
Personal Savings 9.40 8.92 9.2 9.44 9.65 8.99 9.7 9.58 [+]
Consumer Credit 2223647.00 2252126 2281118 2309439 2337107 2818856 3274430 3550617 [+]
Private Sector Credit 0.50 0.49 0.52 0.57 0.61 0.51 0.51 0.51 [+]
Housing Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Housing Index 1.80 2.8 1.73 2.09 2.32 2.55 2.45 2.24 [+]
Building Permits 3.00 -0.98 -0.65 -1.4 -1.46 -0.73 -0.73 -0.73 [+]
New Home Sales 7281.00 6940 8305 7558 6881 6861 6860 6860 [+]
Taxes Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Corporate Tax Rate 30.00 30 30 30 30 30 30 30 [+]
Personal Income Tax Rate 45.00 45 45 45 45 45 45 45 [+]
Sales Tax Rate 10.00 10 10 10 10 10 10 10 [+]
Social Security Rate 10.75 10.75 10.75 10.75 10.75 12 12 12 [+]
Social Security Rate For Companies 9.25 9.25 9.25 9.25 9.25 10 10 10 [+]
Social Security Rate For Employees 1.50 1.5 1.5 1.5 1.5 2 2 2 [+]





This page includes economic forecasts for Australia. 11/1/2014