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Australia - ECONOMIC INDICATORS
Economic forecasts - General economic indicators - Investments - Foreign Trade


Economic forecasts


 
Indicators
2005
2006
GDP (USD billion)
683.759  
708.791  
Real GDP growth (constant prices)
2.2 % 
3.2 %
GDP per capita (USD)
33526.265  
34324.578  
Inflation rate
2.6 % 
2.7 % 
Source : IMF - 2005 data


General economic indicators

Indicators 2002 2003 2004
GDP (USD billion) 409.2   522.4   631.3  
Real GDP growth (constant prices) 2.8 % 3.8 % 3.0 %
GDP per capita (USD) 21126   21688   22074  
Inflation rate 3.0 % 2.8 % 2.3 %
Unemployment rate 6.1%   5.7%   5.4%  
External debt (USD billion) ..   ..   ..  
Australian Dollar rate on 12/31 (1 US$)   1.7711   1.3351   1.2803  
Sources : IMF - 2005 data, World bank, Oanda


GDP per activity sector 2002 2003 2004
Agriculture and fishing 2.9%   ..   ..  
Industry and mining 25.9%   ..     ..  
Services 71.1%   ..     ..  
Sources : World bank


Investments


FDI inflows (USD million) 2002 2003 2004 World rank
Foreign Direct Investments (F.D.I.) 15632   6955   42594   5 / 197
Source : UNCTAD "World Investment Report 2005 "


Foreign Trade


General indicators


Indicators (USD billion) 2002 2003 2004
Imports of goods (f.o.b.) 70.5   85.9   105.0  
Export of goods (f.o.b) 65.0   70.5   87.0  
Trade balance -5.5   -15.3   -18.0  
Balance of payments -16.8   -30.4   -39.5  
Sources : World bank, IMF


Indicators 2002 2003 2004
Share of foreign trade in GDP 41.9%   ..   ..  
Share of imports in GDP 22.2%   ..   ..  
Share of exports in GDP 19.7%   ..   ..  
Imports of goods and services (percent change) 13.4%   ..   ..  
Exports of goods and services (percent change) -0.6%   ..   ..  
Sources : World bank, IMF


Trade in goods/services by major category


2003 Imports Exports
Total Trade in Goods (USD billion):     85.9     70.5    
Agricultural raw materials 1%   5%  
Food products 5%   19%  
Hydrocarbons 8%   21%  
Manufactured products (chemicals, machines,...) 84%   30%  
Ores and metals 1%   16%  
Other goods 1%   9%  


2003 Imports Exports
Total Trade in Services (USD billion): 21   21  
Transport 34%   23%  
Tourisme 35%   50%  
Other services (insurance, financial services, telecommunications,...) 31%   27%  
Source : World Bank


Trade Data, by HS Code :
Source : www.intracen.org, last available data


Trade by partner countries



Main clients
(% of exports)
2004
Japan   15.8%  
Special Categories   11.7%  
USA   7.9%  
New Zealand   7.2%  
China   7.1%  

Main suppliers
(% of imports)
2004
USA   15.9%  
Japan   12.3%  
China   10.9%  
Germany   6%  
United Kingdom   4.2%  
Source : COMTRADE


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Last modified in October 2005
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