1345.0 - Key Economic Indicators, 2018  
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  • Key Economic Indicators
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This table contains a summary of Australia's key economic indicators. Data contained in this table is updated as soon as it becomes available. Please also see Measures of Australia's Progress which is a summary of key social, environmental and economic national progress indicators.

National Accounts
International Accounts
Consumption and Investment
Production
Prices
Labour Force and Demography
Incomes
Housing Finance


Main
Features
Period
Units
Value
Change
Previous
Period
Change
Corresponding
Period Last
Year
National Accounts
Gross domestic product GDP, Chain volume measures - TrendSep Qtr 2017
$m
430 571
0.6%
2.4%
Gross domestic product GDP, Chain volume measures - Annual2016-17
$m
1 693 452
2.0%
na

International Accounts
Balance on Goods and Services - TrendDec 2017
$m
-476
-192.0%
..
Total Goods and Services Credits - TrendDec 2017
$m
32 157
0.2%
-1.0%
Total Goods and Services Debits - TrendDec 2017
$m
32 634
1.2%
8.2%
Balance on Current Account - Trend Sep Qtr 2017
$m
-9 552
-24.0 %
7.3 %
Net International Investment Position (IIP) - OriginalSep Qtr 2017
$m
958 849
1.4 %
-4.5 %
Net Foreign Debt - OriginalSep Qtr 2017
$m
989 699
2.7 %
-4.4 %

Consumption and investment
Retail turnover at current prices - TrendDec 2017
$m
26170.1
0.2%
2.0%
Actual New Capital Expenditure in volume terms - TrendSept Qtr 2017
$m
29 363
1.1%
2.1%
Inventories held by Private Businesses, in volume terms - TrendSep 2017
$m
156 946
0.1%
1.5%
Total new motor vehicle sales - TrendDec 2017
no.
99 756
0.2
2.8

Production
Income from sales of goods and services by Manufacturers in volume terms - TrendSep 2017
$m
81 854
0.9%
0.1%
Dwelling unit approvals - TrendDec 2017
no.
18 309
-1.7%
3.3%
Building approvals -TrendDec 2017
$m
10 606.8
-0.3%
17.3%
Total dwelling units commenced - trendSep 2017
no.
54 252
0.4%
-5.2%
Building work done - Chain Volume Measures - TrendDec 2017
$m
28 150.6
0.5%
1.9%
Engineering construction work done - Chain Volume Measures - trendDec 2017
$m
22 048.6
1.8%
8.3%

Prices
Consumer price index (2011-12 = 100.0) - OriginalDec Qtr 2017
Index no.
112.1
0.6
1.9
Producer Price Indexes, Final Demand (2011-12 = 100.0) - OriginalDec Qtr 2017
Index no.
108.6
+0.6%
+1.7%
Import price index (2011-12 = 100.0) - OriginalDec Qtr 2017
Index no.
104.1
2.0%
1.4%
Export price index (2011-12 = 100.0) - OriginalDec Qtr 2017
Index no.
90.3
2.8%
2.4%
Wage Price Index (2008-2009 = 100.0) - OriginalDec Qtr 2017
Index no.
127.7
0.5%
2.1%

Labour Force and Demography
Employed persons - TrendJan 2018
'000
12 446.6
0.2%
3.3%
Participation rate - TrendJan 2018
%
65.6
0.1 pts
0.9 pts
Unemployment rate - TrendJan 2018
%
5.5
0.0 pts
-0.3 pts
Employment to Population ratio - Trend Jan 2018
%
62.0
0.1 pts
1.0 pts
Job Vacancies - TrendNov 2017
'000
210.8
4.1%
16.8%
Estimated resident population - (Preliminary)Jun Qtr 2017
'000
24 598.9
0.4%
1.6%
Short-term overseas visitor arrivals - Trend (a)Dec 2017
'000
751.4
-0.1%
5.8%
For unemployment and participation rates, the changes are given as percentage points.

Incomes
Company gross operating profits (in current price terms) - TrendSep 2017
$m
79 736
-1.2%
15.3%
Average weekly ordinary time earnings, full-time adults - TrendNov 2017
$
1 567.90
np
2.3%

Housing Finance
Housing finance for owner occupation, dwellings financed - TrendDec 2017
no.
55 783
-0.3%
1.9%

na not available
np not published
. . not applicable or not available
(a) Data revised from July 2004 to December 2013. For information see Explanatory Note 12 & 13.