Australia | Economic Forecasts | 2014-2030 Outlook

Markets Last Q3 Q4 Q1 2015 2020 2030
Currency 0.93 0.91 0.85 0.92 0.91 0.88 0.82 [+]
Government Bond 10Y 3.44 3.71 5 3.63 3.51 3.87 3.59 [+]
Stock Market 5583.50 5451 5389 5394 5395 6306 6964 [+]
GDP Last Q3 Q4 Q1 2015 2020 2030
GDP 1560.60 1585 1564 1595 1805 1900 2200 [+]
GDP Growth Rate 1.10 0.95 0.98 0.96 0.97 2.97 2.97 [+]
GDP Annual Growth Rate 3.50 2.27 3 3.21 3 2.54 2.79 [+]
GDP Constant Prices 394929.00 405387 408863 411508 458099 490910 535784 [+]
Gross National Product 374613.00 379708 381645 383501 419594 434271 473968 [+]
GDP per capita 37492.85 37713 37779 37841 47785 54442 68753 [+]
Gross Fixed Capital Formation 104913.00 104316 104066 103929 104224 104583 104531 [+]
GDP per capita PPP 35668.77 36593 36704 36811 49027 58187 78105 [+]
Labour Last Q3 Q4 Q1 2015 2020 2030
Unemployment Rate 6.00 6.1 6.2 6.1 5.7 5.8 5.8 [+]
Employed Persons 11578.21 11510 11485 11476 12542 13202 14489 [+]
Full Time Employment -3810.20 17001 19558 19043 18105 18223 18223 [+]
Employment Change 15934.40 14876 18452 17706 16846 17109 17109 [+]
Unemployed Persons 741.65 741 744 749 747 737 736 [+]
Job Vacancies 132916.60 130004 130602 133441 131537 129580 130098 [+]
Youth Unemployment Rate 12.70 13.18 13.15 13.23 12.92 7.82 8.34 [+]
Productivity 105.10 106 106 107 116 121 132 [+]
Labor Force Participation Rate 64.69 64.54 64.47 64.44 64.49 64.5 64.5 [+]
Wages 1114.20 1140 1300 1153 1300 1181 745 [+]
Wages In Manufacturing 1247.30 1310 1330 1348 1392 1264 602 [+]
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 [+]
Prices Last Q3 Q4 Q1 2015 2020 2030
Inflation Rate 3.00 2.99 2 3.33 2 4.01 3.61 [+]
Inflation Rate Mom 0.50 0.95 0.53 0.49 0.67 2.97 3.87 [+]
Consumer Price Index (CPI) 105.90 107 109 108 116 117 136 [+]
Core Inflation Rate 2.81 2.96 2.98 2.96 2.87 3.77 3.95 [+]
Core Consumer Prices 106.10 107 108 108 119 132 147 [+]
GDP Deflator 101.40 102 103 103 104 99.28 100 [+]
Producer Prices 103.90 105 106 106 115 121 128 [+]
Producer Prices Change 2.47 2.6 2.51 2.47 1.92 3.95 3.9 [+]
Export Prices 97.20 99.37 101 102 105 110 110 [+]
Import Prices 108.30 111 111 108 106 108 108 [+]
Food Inflation 2.50 3.1 3.17 3.15 1.99 2.49 2.49 [+]
Money Last Q3 Q4 Q1 2015 2020 2030
Interest Rate 2.50 2.5 3 2.58 3 3.25 4.5 [+]
Interbank Rate 2.88 2.4 4 2.83 4 2.75 2.5 [+]
Money Supply M1 299129.00 308625 313961 317791 425010 478487 629193 [+]
Money Supply M3 1655576.00 1686442 1713661 1738342 2384189 2920041 3803765 [+]
Central Bank Balance Sheet 135234.00 62070 66380 61668 57128 59097 59171 [+]
Foreign Exchange Reserves 62875.00 63766 66145 65039 63360 63893 63914 [+]
Loans to Private Sector 1938603.00 1976102 2010635 2038025 2123903 2366820 2351619 [+]
Trade Last Q3 Q4 Q1 2015 2020 2030
Balance of Trade -1911.00 237 91.39 -32.02 -429 -234 -104 [+]
Exports 26681.00 29255 29219 28939 30847 32620 35709 [+]
Imports 28592.00 29018 29128 28972 31276 32854 35813 [+]
Current Account -5672.00 -6629 -6880 -8735 -9686 -8535 -8638 [+]
Current Account to GDP -2.90 -2.45 -2.81 -2.52 -2.84 -0.71 -0.16 [+]
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 4829.00 9030 9476 9188 10330 15269 23384 [+]
Tourist Arrivals 468200.00 557532 726098 621120 722401 721738 721737 [+]
Gold Reserves 79.85 79.85 79.85 79.85 79.85 79.85 79.85 [+]
Crude Oil Production 338.00 357 352 339 348 349 349 [+]
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 69573 69685 69582 74280 76514 86803 [+]
Credit Rating 96.54 [+]
Business Last Q3 Q4 Q1 2015 2020 2030
Business Confidence 8.00 8.48 8 9.02 6.48 21.54 23.21 [+]
Manufacturing PMI 48.91 46.56 46.02 45.99 45.89 47.71 47.71 [+]
Services PMI 47.60 51.67 52.61 55.97 54.85 54.57 54.57 [+]
Industrial Production 5.70 1.89 2.54 3.06 2.27 4.04 3.61 [+]
Manufacturing Production -1.91 -1.04 -1.02 -1.02 0.18 4.01 3.96 [+]
Capacity Utilization 79.25 80.11 80.19 80.26 79.97 80.04 80.19 [+]
New Orders 3.00 13.83 7.91 10.89 11.07 9.93 9.94 [+]
Changes in Inventories -2690.00 -2429 -2303 -1858 -1691 -1821 -1813 [+]
Bankruptcies 811.00 663 549 707 608 378 232 [+]
Corporate Profits 70856.00 71539 71521 71526 71527 71527 71527 [+]
Car Registrations 94389.00 93266 93657 92356 102693 107346 117250 [+]
Consumer Last Q3 Q4 Q1 2015 2020 2030
Consumer Confidence 94.91 92.06 89.16 91.41 94.19 134 140 [+]
Retail Sales MoM -0.50 0.16 0 0.55 0.35 3.91 3.86 [+]
Retail Sales YoY 6.00 2.39 3.93 6.71 6.48 4.01 4.22 [+]
Consumer Spending 209729.00 215643 217260 217772 243088 262698 287735 [+]
Disposable Personal Income 266738.00 272819 274101 273919 294567 308088 336795 [+]
Personal Savings 9.70 9.28 9.71 9.8 9.89 5.95 3.89 [+]
Consumer Credit 2176026.00 2210345 2235399 2259833 2329559 2681454 3023435 [+]
Private Sector Credit 0.47 0.54 0.45 0.47 0.44 0.44 0.44 [+]
Housing Last Q3 Q4 Q1 2015 2020 2030
Housing Index 1.70 2.61 2.8 3.04 2.8 2.55 2.45 [+]
Building Permits 9.90 -1.96 -1.07 -0.52 -0.69 -3.99 -3.99 [+]
New Home Sales 7477.00 7142 5704 7305 5552 5600 5600 [+]
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. 7/29/2014