Australia GDP per capita

The Gross Domestic Product per capita in Australia was last recorded at 37228.20 US dollars in 2012. The GDP per Capita in Australia is equivalent to 301 percent of the worlds average. GDP per capita in Australia is reported by the World Bank. From 1960 until 2012, Australia GDP per capita averaged 23945.7 USD reaching an all time high of 37228.2 USD in December of 2012 and a record low of 13267.3 USD in December of 1962. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides - Australia GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
37228.20 36584.99 37228.20 13267.30 38148.66 | 2014/06 1960 - 2012 USD Yearly

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Australia GDP per capita
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GDP Last Previous Highest Lowest Forecast Unit
GDP Growth Rate 0.80 2013-12-31 0.60 4.50 -2.00 0.55 2013-12-31 Percent [+]
GDP Annual Growth Rate 2.80 2013-12-31 2.30 9.00 -3.40 2.00 2013-12-31 Percent [+]
GDP per capita 37228.20 2012-12-31 36584.99 37228.20 13267.30 38148.66 2014-06-30 USD [+]
GDP per capita PPP 35668.77 2012-12-31 35052.51 35668.77 19724.69 36550.67 2014-06-30 USD [+]
GDP Constant Prices 390572.00 2013-11-15 387481.00 390572.00 57355.00 403690.92 2014-06-30 AUD Million [+]
Gross Fixed Capital Formation 105451.00 2013-11-15 106746.00 106766.00 8224.00 106060.80 2014-03-31 AUD Million [+]
Gross National Product 370481.00 2013-11-15 367620.00 370481.00 128904.00 375222.63 2014-03-31 AUD Million [+]
GDP 1520.60 2012-12-31 1384.20 1520.60 18.60 1805.21 2014-06-30 USD Billion [+]
[+]


GDP per capita | Notes
The GDP per capita given on this page shows the GDP at purchaser's prices in constant 2000 U.S. dollars divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. The term Constant Prices refers to a metric for valuing the price of something over time, without that metric changing due to inflation or deflation.


RELATED NEWS

Australia Inflation Rate Accelerates Further in Q1  
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Australia's Jobless Rate Down to 5.8% in March  
Australia's seasonally adjusted unemployment rate decreased by 0.2 percentage points to 5.8 percent in March while the number of people employed increased by 18,100 to 11,553,200.
Australia Reports Third Monthly Trade Surplus in February  
Australia's trade surplus narrowed in February when compared to a downwardly revised result in the previous month, but performed better than analysts had expected.
Australia Leaves Rate Steady at 2.5%  
At its April 1st, 2014 meeting, the Reserve Bank of Australia decided to leave the cash rate unchanged at 2.5 percent, as it considers the current policy stance appropriate to support demand and growth.
Australia's Unemployment Rate Stable in February  
Australia's seasonally adjusted unemployment rate stayed at 6 percent in February as more people joined the labour force. The employment surged by 47,300, the biggest gain in 13 months and above forecasts.
Australia's Trade Surplus Hits 29-Month High in January  
Australia's trade surplus surged to $1,433m in seasonally adjusted terms in the first month of 2014, the highest value since August of 2011 as exports grew faster than imports.
Australian Economy Expands 0.8% in Q4  
Australian GDP grew faster than expected in seasonally adjusted volume terms in the last quarter of 2013. Expansion was mostly driven by exports and consumption while fixed investment declined.
Australia Leaves Monetary Policy Unchanged  
At its March 4th, the Reserve Bank of Australia decided to leave cash rate unchanged at 2.5 percent for the sixth straight meeting, after sending a strong signal last month it wanted a period of interest rate stability.
Australia's Unemployment Rate Up to 6% in January  
Australia's seasonally adjusted unemployment rate increased by 0.2 percentage points to 6.0 percent in January, the highest level since July of 2003.
Australia Reports Trade Surplus in December  
Australia posted an unexpected trade surplus of $468m in December 2013, an increase of $385m (464%) on the surplus in November 2013. Exports rose 4% supported by the weakened Aussie dollar, while imports grew 2%.
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Australia Inflation Rate Accelerates Further in Q1  
Australian annual consumer prices advanced 2.9 percent in the first three months of 2014, up from 2.7 percent in the previous quarter, but below market forecasts. The rise was driven by seasonal increases in cost of healthcare, transport and school fees, and by a large hike in tobacco duties.
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Hong Kong Unemployment Rate Unchanged in March  
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Hong Kong Inflation Rate Unchanged in March  
Hong Kong annual consumer prices rose 3.9 percent in March of 2014, the same rate recorded in February. In the first quarter of 2014, the inflation rate rose by 4.2 percent over a year earlier. The corresponding increase after netting out the effects of all Government's one-off relief measures was 3.8 percent.
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The People's Bank of China decided to cut the reserve requirement ratio by 2 percentage points for rural commercial banks and by 0.5 percentage point for rural credit cooperatives, aiming to stimulate growth in some parts of the country. The cut will be effective from April 25th, 2014.
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