1301.0 - Year Book Australia, 2012  
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National accounts

INTERNATIONAL COMPARISONS

Compared with many developed economies, Australia experienced relatively strong growth in the period 2000 to 2010. With an average annual growth rate of 3.0% for GDP volumes over the period, it is higher than all of the 'G7' countries and the OECD total (table 30.19).


30.19 GDP VOLUMES, International comparison2000 to 2010

Average annual growth rate(a)
%

Australia
3.0
G7 countries
Canada
2.2
France
1.4
Germany
1.2
Italy
0.7
Japan
0.9
United Kingdom
2.0
United States of America
1.8
New Zealand
2.6
OECD Total
1.9

(a) Average of GDP growth rate over the period of 2000 to 2010.

Source: Annual National Accounts OECD.StatExtracts
(extracted 18 March 2012).

 

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Statistics contained in the Year Book are the most recent available at the time of preparation. In many cases, the ABS website and the websites of other organisations provide access to more recent data. Each Year Book table or graph and the bibliography at the end of each chapter provides hyperlinks to the most up to date data release where available.