"Australia: Real gross domestic product (GDP) growth rate from 2009 to 2021* (compared to the previous year)." and over 1 Mio. Germany Australia gdp growth rate for 2016 was 2.77%, a 0.58% increase from 2015. * All products require an annual contract; Prices do not include sales tax. All banks are privately owned and subject to prudent regulations. Australia gdp growth rate for 2019 was 1.90%, a 1.04% decline from 2018. It is estimated that the application of the latest standard would add US$824 billion. Mining and agriculture are important export sectors.

Missing data, out of date base years, disputed population data and the size of the unrecorded informal economy means that international rankings of countries in terms of GDP and GDP per capita are meaningless. Australia gdp for 2018 was $1,329.18B, a 0.72% increase from 2018. © World Economics Limited. Then you can access your favorite statistics via the star in the header. ", IMF, Australia: Real gross domestic product (GDP) growth rate from 2009 to 2021* (compared to the previous year) Statista, https://www.statista.com/statistics/263602/gross-domestic-product-gdp-growth-rate-in-australia/ (last visited October 07, 2020), We use cookies to personalize contents and ads, offer social media features, and analyze access to our website. Read more about Australia Economy.

All rights reserved.Terms & Conditions. World Economics makes available of world’s most comprehensive GDP database covering over 130 countries with historical GDP PPP data from 1870-2019, building on the lifetimes work of Angus Maddison. The country’s modern and flexible employment code invigorates the labor market. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Insights into the world's most important technology markets, Figures and insights about the advertising and media world, Everything you need to know about the industry development, Find studies from all around the internet. The most unreliable economic data is produced in Argentina which has manipulated inflation and GDP statistics since 2007. The top income tax rate is 45 percent, and the flat corporate tax rate is 30 percent. In 2019, the IMF estimated that annual energy subsidies in Australia total $29 billion, representing approximately 2.3 per cent of GDP. Tax Burden 63.0 Create a Graph using this measurement, Government Spending 61.6 Create a Graph using this measurement, Fiscal Health 91.8 Create a Graph using this measurement. In, IMF.

Please see our, Australia: Real gross domestic product (GDP) growth rate from 2009 to 2021*, GDP growth forecast: Asia, U.S., U.K. and Germany 2010-2024, Gross domestic product (GDP) growth rate in Australia 2021*, Forecast: sales and services income petroleum refining and fuel manufacture Australia 2010-2020, Industry revenue of “Iron Smelting and Steel Manufacturing“ in Australia 2011-2023, Forecast: sales and services income meat processing Australia 2010-2020, Forecast: sales and services income motor vehicle manufacture Australia 2010-2020, Industry revenue of “Cheese and Other Dairy Product Manufacturing“ in Australia 2011-2023, Industry revenue of “Human Pharmaceutical and Medicinal Product Manufacturing“ in Australia 2011-2023, Industry revenue of “Printing“ in Australia 2011-2023, Industry revenue of “Structural Steel Fabricating“ in Australia 2011-2023, Gross domestic product (GDP) growth in India 2nd quarter 2020, Forecast on the GDP growth by world regions until 2021, Gross domestic product (GDP) growth in the G20 2nd quarter 2020, Change of the gross domestic product (GDP) of the euro area up to 2019, GDP growth in EU countries compared to same quarter previous year 2nd quarter 2020, Quarterly gross domestic product (GDP) growth rate in the UK 2nd quarter 2020, GDP growth in the EU and the Euro area compared to the previous quarter Q2 2020, Real GDP growth rate in Japan Q1 2017-Q1 2020, Forecast on gross domestic product (GDP) growth in selected countries until 2020, Gross domestic product (GDP) growth rate in Russia 1st quarter 2020, GDP percentage uplift generated by commercial drones in the UK 2030, by sector, Annual GDP growth for the United States 1930-2020, Import quantity of ammonium sulfate Australia 2014, by leading country, Economic value added by the GBR in Australia FY 2016 by industry, End-of-month stocks of fuel oil Australia FY 2011-2018, Innovation expenditure in the wholesale trade industry Australia 2014/2015, Share of recent female postgraduates employed full-time Australia 2018 by occupation, Australia: Real gross domestic product (GDP) growth rate from 2009 to 2021* (compared to the previous year), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Education Latest Trend Ranking; Education spending Indicator: 20 344 Tertiary US dollars/student 2015 Australia US dollars/student: Tertiary US dollars/student 2000-2015 Australia (red) Tertiary US dollars/student 2016 Australia (red) Mathematics performance (PISA) Indicator: Australia gdp for 2018 was $1,339.17B, a 0.75% increase from 2018. Gross domestic product (GDP) of Australia 2021*, Distribution of gross domestic product (GDP) across economic sectors Australia 2019.

Australia gdp for 2018 was $1,298.85B, a 1.7% increase from 2017. The overall tax burden equals 27.8 percent of total domestic income. 4. Please do not hesitate to contact me. facts. In December 2018, the prime minister announced the formation of a new anticorruption commission. Australia: Real gross domestic product (GDP) growth rate from 2009 to 2021* (compared to the previous year) [Graph]. Australia gdp growth rate for 2018 was 2.94%, a 0.57% increase from 2017.

GDP PPP based on: 2011 International Dollars. Accessed October 07, 2020. https://www.statista.com/statistics/263602/gross-domestic-product-gdp-growth-rate-in-australia/, IMF. Negotiations on similar agreements are ongoing with the European Union and are expected to begin with the United Kingdom following Britain’s exit from the European Union. The statistic shows the growth rate of Australia’s real GDP from 2009 to 2019, with projections up until 2021. {"2005":78823084.11, "2006":81803672.55, "2007":84890195.11, "2008":86049955.82, "2009":88054670.46, "2010":89732596.06, "2011":92809246.86, "2012":96099334.66, "2013":98177002.28, "2014":100620073.77, "2015":103096333.79, "2016":105961380.91, "2017":108485381.00, "2018":111534905.06, "2019":113594954.75}, [{"1871":9.11, "1872":10.09, "1873":11.16, "1874":11.53, "1875":12.79, "1876":12.75, "1877":13.28, "1878":14.55, "1879":14.76, "1880":15.53, "1881":16.68, "1882":15.74, "1883":18.07, "1884":18.15, "1885":19.33, "1886":19.58, "1887":21.66, "1888":21.78, "1889":23.67, "1890":22.85, "1891":24.60, "1892":21.58, "1893":20.39, "1894":21.09, "1895":19.91, "1896":21.42, "1897":20.23, "1898":23.38, "1899":23.38, "1900":24.77, "1901":24.03, "1902":24.28, "1903":26.20, "1904":27.96, "1905":28.28, "1906":30.20, "1907":31.43, "1908":32.49, "1909":35.15, "1910":37.60, "1911":37.89, "1912":39.20, "1913":41.01, "1914":40.91, "1915":40.16, "1916":39.88, "1917":39.12, "1918":38.20, "1919":40.40, "1920":42.12, "1921":44.24, "1922":46.56, "1923":48.80, "1924":52.01, "1925":54.44, "1926":55.75, "1927":56.59, "1928":56.70, "1929":55.53, "1930":50.25, "1931":46.88, "1932":49.53, "1933":52.97, "1934":55.78, "1935":59.06, "1936":61.72, "1937":64.84, "1938":67.04, "1939":67.23, "1940":71.63, "1941":79.63, "1942":88.82, "1943":91.95, "1944":88.77, "1945":84.32, "1946":81.32, "1947":83.32, "1948":88.68, "1949":94.54, "1950":101.09, "1951":105.40, "1952":106.36, "1953":109.68, "1954":116.49, "1955":122.86, "1956":127.08, "1957":129.63, "1958":135.86, "1959":144.22, "1960":146.36, "1961":157.45, "1962":167.33, "1963":178.63, "1964":189.93, "1965":194.16, "1966":206.17, "1967":216.76, "1968":232.29, "1969":249.24, "1970":259.12, "1971":269.22, "1972":276.36, "1973":287.73, "1974":291.29, "1975":298.94, "1976":309.62, "1977":312.37, "1978":325.28, "1979":335.22, "1980":346.62, "1981":357.85, "1982":349.57, "1983":366.16, "1984":384.69, "1985":402.34, "1986":412.88, "1987":436.21, "1988":453.27, "1989":469.51, "1990":467.88, "1991":469.85, "1992":489.10, "1993":509.02, "1994":529.46, "1995":550.61, "1996":572.08, "1997":597.96, "1998":627.59, "1999":651.73, "2000":664.11, "2001":690.09, "2002":711.84, "2003":741.37, "2004":764.99, "2005":788.23, "2006":818.04, "2007":848.90, "2008":860.50, "2009":880.55, "2010":897.33, "2011":928.09, "2012":960.99, "2013":981.77, "2014":1006.20, "2015":1030.96, "2016":1059.61, "2017":1084.85, "2018":1115.35, "2019":1135.95}], {"1971":3.9, "1972":2.7, "1973":4.1, "1974":1.2, "1975":2.6, "1976":3.6, "1977":0.9, "1978":4.1, "1979":3.1, "1980":3.4, "1981":3.2, "1982":-2.3, "1983":4.7, "1984":5.1, "1985":4.6, "1986":2.6, "1987":5.6, "1988":3.9, "1989":3.6, "1990":-0.3, "1991":0.4, "1992":4.1, "1993":4.1, "1994":4.0, "1995":4.0, "1996":3.9, "1997":4.5, "1998":5.0, "1999":3.8, "2000":1.9, "2001":3.9, "2002":3.2, "2003":4.1, "2004":3.2, "2005":3.0, "2006":3.8, "2007":3.8, "2008":1.4, "2009":2.3, "2010":1.9, "2011":3.4, "2012":3.5, "2013":2.2, "2014":2.5, "2015":2.5, "2016":2.8, "2017":2.4, "2018":2.8, "2019":1.8}. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. Australia’s 10 free-trade agreements include FTAs with the U.S., China, Japan, South Korea, and the Association of Southeast Asian Nations. Australia gdp for 2018 was $1,319.72B, a 1.61% increase from 2018. Directly accessible data for 170 industries from 50 countries Its overall score has increased by 1.7 points, led by improvements in scores for government integrity and fiscal health. Statista. World Economics Limited. Register in seconds and access exclusive features. The average applied tariff rate is 0.9 percent, and 320 nontariff measures are in force. This feature is limited to our corporate solutions. Australia has been a leader in economic freedom ever since the inception of the Index in 1995, and its economy has been in the highest, free category for the past 14 years. The use of different national income standards across Europe has an impact on cross-country comparability and in some cases leads to an underestimation of GDP.

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