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Recent Economic Indicators

Indicators

2005

2006

2007
2008
2009 (a)
2010
(b)

GDP (US$bn) (current prices)
16.7
19.1
21.7
26.9
25.1
31.1

GDP PPP (US$bn) (c)
46.2
49.2
52.3
55.4
58.2
63.2
GDP per capita (US$)
798
882
971
1,171
1,061
1,274
GDP per capita PPP (US$) (c)
2,203
2,277
2,348
2,411
2,458
2,590

Real GDP growth (% change YOY)
5.6
3.2
3.3
3.6
3.9
7.8

Current account balance (US$m)
633
206
-1,508
-1,251
-2,685
-1,126

Current account balance (% GDP)

3.8
1.1
-7.0
-4.7
-10.7
-3.6

Goods & services exports (% GDP)

40.6
41.3
35.9
37.8
na
na

Inflation (% change YOY)

9.9
10.8
7.9
19.0
3.7
9.3

(a) All recent data subject to revision
(b) IMF forecast
(c) PPP is purchasing power parity
(yoy) year-on-year

Source: Australian Department of Foreign Affairs and Trade

 
Updated: July 2010
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