Australia | Economic Forecasts | 2014-2030 Outlook

Markets Last Q3 Q4 Q1 2015 2020 2030
Currency 0.93 0.92 0.85 0.93 0.93 0.88 1.12 [+]
Government Bond 10Y 3.36 3.58 3.65 3.7 4 4.7 5.45 [+]
Stock Market 5625.90 5643 5590 5554 5498 6306 6964 [+]
GDP Last Q3 Q4 Q1 2015 2020 2030
GDP 1560.60 1585 1564 1595 2274 1928 2255 [+]
GDP Growth Rate 1.10 0.65 0.7 0.8 0.85 2.97 2.97 [+]
GDP Annual Growth Rate 3.50 2.27 3 3.21 3 2.79 2.79 [+]
GDP Constant Prices 394929.00 402820 408863 411508 516198 586940 720569 [+]
Gross National Product 374613.00 380999 382533 383501 472809 519222 637434 [+]
GDP per capita 37492.85 37713 37519 37841 46844 52845 65440 [+]
Gross Fixed Capital Formation 104913.00 104191 104066 103929 104224 104583 104531 [+]
GDP per capita PPP 35668.77 36593 36704 36811 46186 53215 67350 [+]
Labour Last Q3 Q4 Q1 2015 2020 2030
Unemployment Rate 6.40 6.1 6.2 6.3 6.5 5.8 5.8 [+]
Employed Persons 11576.61 11530 11508 11503 14150 15689 19276 [+]
Full Time Employment 14489.80 16755 19202 18618 17703 17830 17830 [+]
Employment Change -298.50 8635 11137 10331 10414 10533 10533 [+]
Unemployed Persons 788.95 760 769 779 785 766 764 [+]
Job Vacancies 133292.30 131172 131892 134617 131834 129812 130386 [+]
Youth Unemployment Rate 12.70 13.18 13.15 13.23 12.92 7.82 8.34 [+]
Productivity 105.10 106 106 107 132 148 183 [+]
Labor Force Participation Rate 64.84 64.64 64.58 64.57 64.65 64.65 64.65 [+]
Wages 1123.00 1140 1300 1153 1172 1181 1300 [+]
Wages In Manufacturing 1216.30 1324 1342 1348 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 65.1 65.16 65.22 65.35 65.69 65.74 [+]
Retirement Age Men 65.00 65 65 65 65 65 65 [+]
Minimum Wages 622.20 [+]
Prices Last Q3 Q4 Q1 2015 2020 2030
Inflation Rate 3.00 2.8 2.4 2.6 2.8 4.01 3.61 [+]
Inflation Rate Mom 0.50 0.95 0.53 0.49 0.67 2.3 2.55 [+]
Consumer Price Index (CPI) 105.90 107 109 108 137 172 260 [+]
Core Inflation Rate 2.81 2.96 2.98 2.96 2.83 3.77 3.95 [+]
Core Consumer Prices 106.10 107 107 107 133 153 202 [+]
GDP Deflator 101.40 102 103 103 104 99.28 100 [+]
Producer Prices 103.80 105 106 106 128 153 214 [+]
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 3 2.56 2.66 3.25 4.5 [+]
Interbank Rate 2.79 2.4 4 2.82 2.92 2.75 2.5 [+]
Money Supply M1 303466.00 310019 316186 321118 403454 438552 538435 [+]
Money Supply M3 1665651.00 1688746 1716855 1744741 2249850 3143179 4835245 [+]
Central Bank Balance Sheet 131708.00 147882 160283 158240 147078 149378 149845 [+]
Foreign Exchange Reserves 62714.00 62969 65378 64351 62008 62778 62928 [+]
Loans to Private Sector 1960512.00 1981954 2018446 2050369 2155337 2896144 4538339 [+]
Banks Balance Sheet 3309.11 [+]
Money Supply M0 85.57 [+]
Trade Last Q3 Q4 Q1 2015 2020 2030
Balance of Trade -1683.00 -543 -769 -866 -1040 -971 -1040 [+]
Exports 26620.00 28324 28224 28027 32869 35971 42530 [+]
Imports 28302.00 28867 28993 28893 33919 36957 43596 [+]
Current Account -13742.00 -6629 -6880 -8735 -9686 -8535 -8638 [+]
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 10184 10211 9571 11028 11231 11774 [+]
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 319.00 348 345 333 344 344 344 [+]
Government Last Q3 Q4 Q1 2015 2020 2030
Government Budget -1.20 0.41 -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 83701 91482 116741 [+]
Credit Rating 96.54 [+]
Business Last Q3 Q4 Q1 2015 2020 2030
Business Confidence 11.00 8.93 8.47 9.46 6.78 22.16 23.21 [+]
Manufacturing PMI 47.30 48.36 48.66 49.08 47.96 48.21 48.24 [+]
Services PMI 49.30 51.68 52.77 54.6 53.18 52.9 52.9 [+]
Industrial Production 5.70 3.46 3.76 3.78 3.58 3.97 3.66 [+]
Manufacturing Production -3.65 -3.39 -2.67 -2.35 0.25 3.82 3.78 [+]
Capacity Utilization 81.02 80.35 80.47 80.57 80.28 80.32 80.31 [+]
New Orders 3.00 13.83 12.9 10.89 11.07 9.93 9.94 [+]
Changes in Inventories -2690.00 -2429 -2006 -1751 -1691 -1821 -1813 [+]
Bankruptcies 811.00 663 549 707 608 204 65.66 [+]
Corporate Profits 70856.00 71539 71523 71526 71527 71527 71527 [+]
Car Registrations 93479.00 93266 93657 92356 94975 121889 154674 [+]
Industrial Production Mom 3.40 [+]
Total Vehicle Sales 93479.00 [+]
Consumer Last Q3 Q4 Q1 2015 2020 2030
Consumer Confidence 98.47 92.95 89.43 91.41 92.7 134 140 [+]
Retail Sales MoM 0.60 0.12 -0.07 0.15 0.25 3.8 3.5 [+]
Retail Sales YoY 5.50 2.39 3.93 6.44 6.29 4.13 4.03 [+]
Consumer Spending 209729.00 215643 217260 218611 273917 314087 386972 [+]
Disposable Personal Income 266738.00 271524 274101 273919 331926 368356 452952 [+]
Personal Savings 9.70 9.28 9.71 9.8 9.89 3.21 1.1 [+]
Consumer Credit 2192971.00 2225678 2257893 2289384 2379675 2847049 3331935 [+]
Private Sector Credit 0.40 0.65 0.57 0.6 0.57 0.57 0.57 [+]
Bank Lending Rate 9.30 9.3 9.3 9.3 9.29 9.29 9.29 [+]
Housing Last Q3 Q4 Q1 2015 2020 2030
Housing Index 1.80 2.6 2.8 1.69 2.34 2.55 2.45 [+]
Building Permits 2.50 -3.78 -3.14 -2.54 -2.34 -2.5 -2.5 [+]
New Home Sales 7054.00 6971 6874 8188 6737 6783 6782 [+]
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. 9/2/2014