1345.0 - Key Economic Indicators, Summary  
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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.

National Accounts
International Accounts
Consumption and Investment
Production
Prices
Labour Force and Demography
Incomes
Lending Indicators


Main
Features
Period
Units
Value
Change
Previous
Period
Change
Corresponding
Period Last
Year
National Accounts
Gross domestic product GDP, Chain volume measures - Trend(b)Dec Qtr 2019
$m
480 290
0.5%
2.1%
Gross domestic product GDP, Chain volume measures - Annual2018-19
$m
1 887 019
2.0%
na

International Accounts
Balance on Goods and Services - Trend(b)Jan 2020
$m
4 984
-1.6%
13.0%
Total Goods and Services Credits - Trend(b)Jan 2020
$m
40 371
-0.5%
2.0%
Total Goods and Services Debits - Trend(b)Jan 2020
$m
35 387
-0.4%
0.7%
Balance on Current Account - Trend(b)Dec Qtr 2019
$m
4 017
-16.1
. .
Net International Investment Position (IIP) - OriginalMar Qtr 2020
$m
808 078
-11.2
-19.2
Net Foreign Debt - OriginalMar Qtr 2020
$m
1 146 339
0.3
2.2

Consumption and investment
Retail turnover at current prices - Trend(b)January 2020
$m
27,758.4
0.1
2.3
Actual New Capital Expenditure in volume terms - Trend(b)December quarter 2019
$m
28 663
-1.4
-4.5
Inventories held by Private Businesses, in volume terms - Trend(b)Dec 2019
$m
164 956
-0.2%
-0.8%
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 - Trend(b)Dec 2019
$m
84 029
0.3%
-1.3%
Dwelling unit approvals - Trend(b)April 2020
no.
15 400
1.0%
3.9%
Building approvals -Trend(b)April 2020
$m
9 764.6
-0.6%
0.9%
Total dwelling units commenced - trendDec 2019
no.
41 092
-3.5%
-18.0%
Building work done - Chain Volume Measures - TrendMar 2020
$m
28 981.1
-1.4%
-6.3%
Engineering construction work done - Chain Volume Measures - trendMar 2020
$m
20 583.3
-1.3%
-4.8%

Prices
Consumer price index (2011-12 = 100.0) - OriginalMar 2020 Qtr
Index no.
116.6
0.3%
2.2%
Producer Price Indexes, Final Demand (2011-12 = 100.0) - OriginalMarch 2020 Qtr
Index no.
112.6
+0.2%
+1.3%
Import price index (2011-12 = 100.0) - OriginalMar Qtr 2020
Index no.
113.1
-1.0%
0.9%
Export price index (2011-12 = 100.0) - OriginalMar Qtr 2020
Index no.
111.7
2.7%
2.3%
Wage Price Index (2008-2009 = 100.0) - OriginalMar Qtr 2020
Index no.
134.1
0.4%
2.2%

Labour Force and Demography
Employed persons - Seasonally AdjustedMay 2020
'000
12 154.1
-1.8%
-5.4 %
Participation rate - Seasonally AdjustedMay 2020
%
62.9
-0.7 pts
-3.2 pts
Unemployment rate - Seasonally AdjustedMay 2020
%
7.1
0.7 pts
1.9 pts
Employment to Population ratio - Seasonally AdjustedMay 2020
%
58.4
-1.1 pts
-4.2 pts
Job Vacancies - Seasonally AdjustedMay 2020
'000
129.1
-43.2%
-43.4%
Estimated resident population - (Preliminary)Dec Qtr 2019
'000
25,522.2
0.3%
1.4%
Short-term overseas visitor arrivals - Trend(a)(b)January 2020
'000
788.9
0.1%
1.6%
For unemployment and participation rates, the changes are given as percentage points.

Incomes
Company gross operating profits (in current price terms) - Trend(b)Dec 2019
$m
95 825
-0.9%
4.6%
Average weekly ordinary time earnings, full-time adults - TrendNovember 2019
$
1 658.70
np
3.2%

Lending Indicators
Housing finance for owner occupation, dwellings financed - TrendApril 2020
. .
. .
. .
New housing loan commitments - TrendApril 2020
$m
. .
. .
. .
New housing loan commitments to Owner Occupiers - TrendApril 2020
$m
. .
. .
. .
New housing loan commitments to Investors - TrendApril 2020
$m
. .
. .
. .
New personal loan commitments for fixed term loans - TrendApril 2020
$m
. .
. .
. .
New business loan commitments for construction - TrendApril 2020
$m
. .
. .
. .
New business loan commitments for the purchase of property - TrendApril 2020
$m
. .
. .
. .

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.

(b) Trend series suspended due to the impacts of COVID-19.