Australia | Economic Forecasts | 2014-2050 Outlook


Markets Actual Q4/14 Q1/15 2020 2030 2050
Currency 0.81 0.85 0.88 0.32 0.52 0.43 [+]
Government Bond 10Y 2.94 3.65 3.7 5 6 3.13 [+]
Stock Market 5161.90 5591 5632 6617 8317 11717 [+]
GDP Actual Q4/14 Q1/15 2020 2030 2050
GDP 1560.60 1564 1596 1900 2200 2604 [+]
GDP Growth Rate 0.30 0.7 0.8 1 1 0.51 [+]
GDP Annual Growth Rate 2.70 3 2.79 2.54 2.79 2.72 [+]
GDP Constant Prices 395148.00 401863 403508 481757 609086 578505 [+]
Gross National Product 379020.00 382533 383501 412791 455278 385151 [+]
GDP per capita 37492.85 37754 37805 38259 38314 38316 [+]
Gross Fixed Capital Formation 103088.00 102196 102239 101181 99460 96770 [+]
GDP per capita PPP 42809.93 43132 43202 44084 44385 44421 [+]
Labour Actual Q4/14 Q1/15 2020 2030 2050
Unemployment Rate 6.30 6.2 6.38 5.8 5.8 6.3 [+]
Employed Persons 11637.40 11635 11668 11968 12021 12023 [+]
Full Time Employment 1800.00 1998 3143 853 853 853 [+]
Employment Change 42700.00 233 13457 12976 12976 12976 [+]
Unemployed Persons 777.65 781 792 809 809 809 [+]
Job Vacancies 138052.70 139049 141153 174257 185507 186860 [+]
Youth Unemployment Rate 13.20 13.44 13.74 13.2 13.36 13.69 [+]
Productivity 102.80 103 103 116 131 91.59 [+]
Labor Force Participation Rate 64.72 64.58 64.54 64.6 64.54 64.65 [+]
Wages 1123.00 1140 1153 1181 1300 1176 [+]
Wages In Manufacturing 1216.30 1220 1348 1380 1500 1228 [+]
Labour Costs 102.60 103 103 104 104 104 [+]
Population 23.13 23.16 23.63 25.76 28.83 33.15 [+]
Retirement Age Women 64.50 65 65 66 68.5 66 [+]
Retirement Age Men 65.00 65 65 66 68.5 65 [+]
Minimum Wages 640.90 635 646 746 780 735 [+]
Prices Actual Q4/14 Q1/15 2020 2030 2050
Inflation Rate 2.30 2.4 2.6 3 3 2.69 [+]
Inflation Rate Mom 0.50 0.53 0.49 0.3 0.3 0.49 [+]
Consumer Price Index CPI 106.40 109 108 112 119 128 [+]
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 101.20 102 102 107 115 127 [+]
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 2.5 3.25 4.5 5.7 [+]
Interbank Rate 2.96 3.1 3.2 4 5 6.86 [+]
Money Supply M1 308227.00 309678 313088 386968 505369 708512 [+]
Money Supply M3 1711334.00 1730745 1753662 1973420 2001375 2002047 [+]
Central Bank Balance Sheet 147414.00 138303 149394 147160 147160 147160 [+]
Foreign Exchange Reserves 61743.00 61016 60272 19818 60972 26999 [+]
Loans to Private Sector 2007827.00 2026446 2059215 2527466 2545406 2543628 [+]
Banks Balance Sheet 3449.86 3442 3456 3454 3454 3454 [+]
Money Supply M0 88.04 88.12 87.78 88.09 88.06 88.02 [+]
Trade Actual Q4/14 Q1/15 2020 2030 2050
Balance of Trade -1323.00 -2138 -2444 -1915 -1933 -1935 [+]
Exports 26904.00 25900 25428 26083 26064 26062 [+]
Imports 28227.00 28039 27872 27998 27997 27997 [+]
Current Account -12525.00 -12919 -13336 -12250 -14800 -12725 [+]
Current Account to GDP -2.90 -2.22 -2.14 -1.9 -1.9 -1.9 [+]
External Debt 1612746.00 1637687 1659388 1680515 1680878 1680884 [+]
Terms of Trade 89.50 91.45 91.77 91.09 90.92 90.91 [+]
Foreign Direct Investment 52667.00 52418 52413 52403 52403 52403 [+]
Capital Flows 15133.00 12857 12893 85129 222144 41595 [+]
Tourist Arrivals 517500.00 653964 564851 653283 653281 653281 [+]
Gold Reserves 79.85 79.85 79.85 79.85 79.85 79.85 [+]
Crude Oil Production 331.00 318 305 334 326 327 [+]
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 15.11 14.08 5.57 4.73 4.72 [+]
Government Budget Value -3138.00 -7180 -6388 -7140 -7140 -7140 [+]
Government Spending 69973.00 70274 70703 77690 79314 73141 [+]
Credit Rating 96.54 [+]
Business Actual Q4/14 Q1/15 2020 2030 2050
Business Confidence 1.00 4.34 5.36 4.48 4.46 4.46 [+]
Manufacturing PMI 50.08 48.56 49.41 48.55 48.57 48.57 [+]
Services PMI 43.80 45.14 45.86 44.44 44.44 44.44 [+]
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 80.48 80.5 80.62 80.55 80.51 80.32 [+]
New Orders 4.00 13.17 7.66 14.69 14.62 14.62 [+]
Changes in Inventories 838.00 1277 598 492 492 492 [+]
Bankruptcies 724.00 643 788 649 649 649 [+]
Corporate Profits 65105.00 64778 64754 64764 64764 64764 [+]
Car Registrations 13297260.00 93657 92356 120087 150901 19056104 [+]
Industrial Production Mom -0.36 0.01 0.24 0.62 0.62 0.62 [+]
Leading Economic Index 97.93 97.89 97.87 97.85 97.85 97.85 [+]
Total Vehicle Sales 91869.00 92750 91636 92866 92872 92872 [+]
Consumer Actual Q4/14 Q1/15 2020 2030 2050
Consumer Confidence 91.10 92.25 92.18 93.64 93.67 93.67 [+]
Retail Sales MoM 0.40 0.37 0.42 0.37 0.37 0.37 [+]
Retail Sales YoY 5.70 5.53 5.8 5.39 5.39 5.39 [+]
Consumer Spending 216940.00 219966 221565 233348 233734 233735 [+]
Disposable Personal Income 269783.00 271933 272649 276573 276581 276581 [+]
Personal Savings 9.30 9.23 9.42 9.44 9.42 9.31 [+]
Consumer Credit 2238160.00 2260894 2294587 2911818 3499483 3888859 [+]
Private Sector Credit 0.60 0.57 0.63 0.6 0.6 0.6 [+]
Bank Lending Rate 9.30 9.3 9.3 10 12 9.3 [+]
Housing Actual Q4/14 Q1/15 2020 2030 2050
Housing Index 1.50 2.8 1.31 2.55 2.45 1.63 [+]
Building Permits 11.40 0.5 0.66 0.58 0.58 0.58 [+]
New Home Sales 7497.00 7257 8711 7179 7177 7177 [+]
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 10.75 10.95 12 12 10.61 [+]
Social Security Rate For Companies 9.25 9.25 9.47 10 10 9.26 [+]
Social Security Rate For Employees 1.50 1.5 1.5 2 2 1.5 [+]





This page includes economic forecasts for Australia. 12/19/2014