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 0.91 0.9 0.88 1.01 0.77 [+]
Government Bond 10Y 3.20 3.65 3.7 3.8 2.99 5 6 3.19 [+]
Stock Market 5385.90 5643 5590 5554 5533 5498 6306 6964 [+]
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 0.7 1 1 1 [+]
GDP Annual Growth Rate 3.10 3 3 3.56 3.36 2.54 2.79 2.79 [+]
GDP Constant Prices 396463.00 401863 403508 404979 404979 481757 609086 609086 [+]
Gross National Product 373130.00 382533 383501 387763 387763 412791 455278 455278 [+]
GDP per capita 37492.85 37710 37775 37836 37894 38381 39188 39844 [+]
Gross Fixed Capital Formation 105566.00 105884 106192 106505 106816 107438 113870 126318 [+]
GDP per capita PPP 42809.93 43058 43132 43202 43268 43824 44745 45495 [+]
Labour Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Unemployment Rate 6.10 6.2 6.2 6.29 6.38 5.8 5.8 5.8 [+]
Employed Persons 11703.51 11692 11764 11814 11860 12066 12905 14255 [+]
Full Time Employment 21600.00 15300 20285 20434 20322 19811 19764 19764 [+]
Employment Change -29700.00 43755 25138 17354 16378 14689 13151 13149 [+]
Unemployed Persons 755.07 762 782 788 794 801 806 806 [+]
Job Vacancies 135568.60 132826 134165 137208 137676 133863 128910 128551 [+]
Youth Unemployment Rate 13.20 13.9 13.75 14.1 14.36 14.67 11.77 13.73 [+]
Productivity 105.90 107 107 108 108 116 131 131 [+]
Labor Force Participation Rate 64.50 65.3 64.78 64.79 64.83 64.82 64.82 64.82 [+]
Wages 1123.00 1140 1153 1145 1153 1181 1300 1300 [+]
Wages In Manufacturing 1216.30 1220 1348 1220 1230 1380 1500 1500 [+]
Labour Costs 101.90 103 103 103 103 104 105 106 [+]
Population 23.13 23.38 23.16 23.54 23.15 23.78 25.21 27.34 [+]
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 3.2 3 3 3.07 [+]
Inflation Rate Mom 0.50 0.53 0.49 0.57 0.64 0.3 0.3 0.57 [+]
Consumer Price Index CPI 106.40 109 108 109 110 127 157 219 [+]
Core Inflation Rate 2.11 2.98 2.96 2.93 2.89 2.87 2.85 2.85 [+]
Core Consumer Prices 106.50 108 108 109 109 125 152 205 [+]
GDP Deflator 100.90 101 102 102 102 102 105 110 [+]
Producer Prices 103.80 105 106 106 107 108 110 113 [+]
Producer Prices Change 2.30 2.6 2.79 2.7 2.52 2.19 2.43 2.45 [+]
Export Prices 88.80 82.75 83.74 85.45 86.19 86.27 86.7 87.56 [+]
Import Prices 105.10 104 104 104 104 105 106 107 [+]
Food Inflation 3.50 3.16 3.15 2.78 2.09 2.49 2.49 2.49 [+]
Money Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Interest Rate 2.50 2.5 2.5 2.75 2.75 3.25 4.5 4.5 [+]
Interbank Rate 2.87 3.1 3.2 3.3 3.3 4 5 5 [+]
Money Supply M1 307711.00 309040 311213 314353 317488 326819 389828 514825 [+]
Money Supply M3 1693333.00 1704360 1735919 1764000 1789892 1853318 2050591 2104554 [+]
Central Bank Balance Sheet 139940.00 157368 145434 141688 143443 142888 142710 142710 [+]
Foreign Exchange Reserves 60043.00 61734 64167 63425 64794 61932 62325 62430 [+]
Loans to Private Sector 1976743.00 1986819 2022224 2054033 2091455 2153210 2528446 2645146 [+]
Trade Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Balance of Trade -787.00 -1204 -1584 -1744 -1585 -1396 -1371 -1389 [+]
Exports 26372.00 27091 26689 26383 26606 26990 27219 27471 [+]
Imports 27159.00 28295 28273 28127 28191 28385 28590 28860 [+]
Current Account -13742.00 -9187 -9836 -10404 -9740 -12250 -14800 -14800 [+]
Current Account to GDP -2.90 -2.45 -2.46 -2.52 -2.61 -2.84 -2.99 -3 [+]
External Debt 1576455.00 1657839 1695552 1719350 1734482 1750622 1692495 1690098 [+]
Terms of Trade 83.40 82.98 82.46 82.78 83.65 85.23 83.98 84.62 [+]
Foreign Direct Investment 52667.00 52403 52416 52411 52405 52399 52401 52401 [+]
Capital Flows 10854.00 9884 9477 9523 9630 11107 17801 29830 [+]
Tourist Arrivals 586900.00 530196 694174 587716 497583 691013 691519 691519 [+]
Gold Reserves 79.85 79.85 79.85 79.85 79.85 79.85 79.85 79.85 [+]
Crude Oil Production 350.00 357 365 375 383 397 466 485 [+]
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 -10644.00 -10851 -8297 -7034 -6171 -7481 -7680 -7679 [+]
Government Spending 68590.00 69052 69298 69633 70032 72741 81134 99787 [+]
Credit Rating 96.54 [+]
Business Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Business Confidence 5.00 6.45 7.9 7.39 7.07 6.4 6.41 6.41 [+]
Manufacturing PMI 46.47 47.9 47.67 48.32 49.19 47.86 47.8 47.79 [+]
Services PMI 45.50 49.5 50.32 52.29 51.64 52.05 53.88 53.96 [+]
Industrial Production 4.63 5.31 5.31 5.05 4.67 4.47 4.96 4.85 [+]
Manufacturing Production -0.51 -2.32 -2.2 -2.09 -2.02 0.05 0.29 0.54 [+]
Capacity Utilization 80.68 80.41 80.65 80.76 80.54 80.56 80.55 80.54 [+]
New Orders 30.00 13.83 7.74 10.21 14.54 10.61 9.68 9.65 [+]
Changes in Inventories 1072.00 -893 -650 -576 -830 -697 -684 -684 [+]
Bankruptcies 831.00 739 624 772 732 644 644 644 [+]
Corporate Profits 65127.00 63916 64032 64012 71527 64009 64009 64009 [+]
Car Registrations 13297260.00 93657 92356 91626 91626 120087 150901 150901 [+]
Consumer Last Q4/14 Q1/15 Q2/15 Q3/15 2020 2030 2050
Consumer Confidence 94.80 98.28 90.82 89.27 89.25 92.95 92.49 92.3 [+]
Retail Sales MoM 0.10 0.15 -0.08 0.13 0.32 0.24 0.49 0.74 [+]
Retail Sales YoY 5.00 2.39 3.93 6.03 6.26 5.85 5.8 5.8 [+]
Consumer Spending 210714.00 213025 213728 214355 219936 219740 225688 230575 [+]
Disposable Personal Income 268490.00 271601 272946 273994 274775 278589 281428 284207 [+]
Personal Savings 9.40 8.78 8.92 9.2 9.44 9.69 8.99 9.7 [+]
Consumer Credit 2212293.00 2222454 2252126 2281118 2309439 2387777 2832811 3306690 [+]
Private Sector Credit 0.30 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 2.8 1.69 2.05 2.55 2.45 2.45 [+]
Building Permits 3.00 -1.71 -1.08 -0.71 -1.54 -0.74 -0.81 -0.81 [+]
New Home Sales 7283.00 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. 10/23/2014