1350.0 - Australian Economic Indicators, Apr 2009  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 31/03/2009   
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Contents >> National Accounts & International Comparisons >> Gross Domestic Product (GDP)

GROSS DOMESTIC PRODUCT (GDP)

GDP and real net national disposable income, (from Table 1.1) Chain volume measures, Trend - Quarterly % change
Graph: GDP and real net national disposable income, chain volume measures, trend, quarterly percentage change from table 1.1.

GDP and other selected aggregates, Chain volume measures(a)

Period
GDP
Real gross domestic income
Real net national disposable income
Domestic final demand
Non-farm GDP
Gross national expenditure

Annual ($ million)

2005-06
1 012 269
1 000 464
809 914
1 012 988
984 768
1 014 965
2006-07
1 045 674
1 045 674
840 330
1 055 784
1 023 293
1 058 436
2007-08
1 083 661
1 095 244
879 249
1 111 775
1 060 263
1 116 377

Percentage change from previous year

2005-06
3.0
4.9
4.5
4.2
3.0
3.8
2006-07
3.3
4.5
3.8
4.2
3.9
4.3
2007-08
3.6
4.7
4.6
5.3
3.6
5.5

Seasonally adjusted ($ million)

2006-2007
December
259 851
259 755
208 706
261 484
254 350
262 171
March
263 315
264 094
212 289
266 137
257 746
268 200
June
265 253
265 844
213 334
269 975
260 295
270 404
2007-2008
September
268 141
268 356
215 534
272 500
262 355
273 797
December
270 699
271 615
217 845
276 689
264 633
278 422
March
272 031
273 869
219 501
279 768
266 014
281 502
June
272 790
281 386
226 368
282 733
267 260
282 963
2008-2009
September
273 018
285 692
232 022
283 648
266 753
284 371
December
271 567
282 145
228 307
283 836
264 627
280 055

Trend - percentage change from previous quarter

2007-2008
September
1.0
0.8
0.8
1.3
0.9
1.3
December
0.8
1.0
0.9
1.3
0.8
1.3
March
0.6
1.7
1.8
1.2
0.6
1.2
June
0.2
1.6
2.0
0.8
0.2
0.5
2008-2009
September
0.0
1.1
1.5
0.5
-0.1
0.0
December
-0.1
0.6
1.0
0.3
-0.3
-0.3

(a) Reference year for chain volume measure is 2006-07.
Source: Australian National Accounts: National Income, Expenditure and Product, (cat. no. 5206.0)

Contributions to growth in GDP, (from Table 1.2) Chain volume measure, Trend
Graph: Contributions to growth in GDP, chain volume measure, trend from table 1.2. Showing Final consumption expenditure and Gross fixed capital formation.


Total gross fixed capital formation (GFCF), (from Table 1.2) Chain volume measure-Quarterly % change
Graph: Total gross fixed capital formation, chain volume measure, quarterly percentage change from table 1.2. Showing Trend and Seasonally adjusted.


Private GFCF, (from Table 1.2) Chain volume measure, Trend - Quarterly % change
Graph: Private gross fixed capital formation (PGFCF), chain volume measure, quarterly percentage change from table 1.2. Showing Trend and Seasonally adjusted.


Private GFCF: selected components, (from Table 1.2) Chain volume measure, Trend-Quarterly % change
Graph: Private gross fixed capital formation (PGFCF), selected components, chain volume measure, trend, quarterly percentage change from table 1.2. Showing Dwellings and Non-dwelling construction.

Expenditure on GDP, Chain volume measures(a)

Final consumption expenditure
Gross fixed capital formation
Period
House-
holds
Govern-
ment
Private
Public corpor-
ations
General govern-
ment
Change in inven-
tories
Exports of goods and services
Imports of goods and services
Statis-
tical discrep-
ancy
GDP

Annual ($ million)

2005-06
562 227
180 839
227 867
18 579
23 782
2 298
207 886
209 246
na
1 012 269
2006-07
584 874
186 205
238 948
18 756
27 003
2 652
215 695
228 452
na
1 045 674
2007-08
606 284
192 611
264 214
19 935
28 731
4 602
225 002
258 034
316
1 083 661

Percentage change from previous year

2005-06
2.6
2.5
8.7
18.6
3.2
na
2.2
7.2
na
3.0
2006-07
4.0
3.0
4.9
1.0
13.5
na
3.8
9.2
na
3.3
2007-08
3.7
3.4
10.6
6.3
6.4
na
4.3
12.9
na
3.6

Contribution to annual growth

2005-06
1.4
0.4
1.9
0.3
0.1
-0.4
0.5
1.4
na
3.0
2006-07
2.2
0.5
1.1
0.0
0.3
0.0
0.8
1.9
na
3.3
2007-08
2.0
0.6
2.4
0.1
0.2
0.2
0.9
2.8
na
3.6

Seasonally adjusted ($ million)

2006-2007
December
145 775
46 182
57 749
4 792
7 004
639
53 794
56 675
595
259 851
March
147 376
46 586
61 384
4 371
6 312
2 056
54 087
58 668
-312
263 315
June
148 263
46 662
62 706
4 920
7 289
542
54 609
59 339
-472
265 253
2007-2008
September
149 812
47 385
63 962
4 849
6 492
1 297
55 410
61 231
165
268 141
December
151 694
48 027
64 974
4 923
7 070
1 733
55 173
62 816
-80
270 699
March
152 465
48 339
66 445
5 075
7 445
1 733
56 307
65 810
33
272 031
June
152 263
48 860
68 832
5 057
7 720
230
58 114
68 203
-84
272 790
2008-2009
September
152 424
49 138
69 082
5 488
7 516
724
57 826
69 140
-40
273 018
December
152 556
49 149
69 327
5 558
7 247
-3 781
57 340
64 446
-1 382
271 567

Percentage change from previous quarter

2007-2008
September
1.0
1.6
2.0
-1.4
-10.9
na
1.5
3.2
na
1.1
December
1.3
1.4
1.6
1.5
8.9
na
-0.4
2.6
na
1.0
March
0.5
0.6
2.3
3.1
5.3
na
2.1
4.8
na
0.5
June
-0.1
1.1
3.6
-0.4
3.7
na
3.2
3.6
na
0.3
2008-2009
September
0.1
0.6
0.4
8.5
-2.6
na
-0.5
1.4
na
0.1
December
0.1
0.0
0.4
1.3
-3.6
na
-0.8
-6.8
na
-0.5

Percentage change from same quarter of previous year

2007-2008
September
4.4
1.3
12.0
3.0
3.8
na
4.1
13.9
na
4.2
December
4.1
4.0
12.5
2.7
0.9
na
2.6
10.8
na
4.2
March
3.5
3.8
8.2
16.1
17.9
na
4.1
12.2
na
3.3
June
2.7
4.7
9.8
2.8
5.9
na
6.4
14.9
na
2.8
2008-2009
September
1.7
3.7
8.0
13.2
15.8
na
4.4
12.9
na
1.8
December
0.6
2.3
6.7
12.9
2.5
na
3.9
2.6
na
0.3

Contribution to quarterly growth

2007-2008
September
0.6
0.3
0.5
0.0
-0.3
0.3
0.3
-0.7
0.2
1.1
December
0.7
0.2
0.4
0.0
0.2
0.2
-0.1
-0.6
-0.1
1.0
March
0.3
0.1
0.5
0.1
0.1
0.0
0.4
-1.1
0.0
0.5
June
-0.1
0.2
0.9
0.0
0.1
-0.6
0.7
-0.9
0.0
0.3
2008-2009
September
0.1
0.1
0.1
0.2
-0.1
0.2
-0.1
-0.3
0.0
0.1
December
0.0
0.0
0.1
0.0
-0.1
-1.6
-0.2
1.7
-0.5
-0.5

na not available
(a) Reference year for chain volume measure is 2006-07.
Source: Australian National Accounts: National Income, Expenditure and Product, (cat. no. 5206.0)

Gross value added, By industry at basic prices(a) - Chain volume measures(b)

Period
Agricult-
ure, forestry and fishing
Mining
Manuf-
acturing
Electric-
ity, gas and water supply
Constr-
uction
Whole-
sale trade
Retail trade
Accom-
modation, cafes and rest-
aurants
Trans-
port and storage
Comm-
unic-
ation serv-
ices
Finance and in-
surance
Property and business services
Govern-
ment admin-
istration and defence
Edu-
cation
Health and com-
munity services
Cultural and re-
creation-
al services
Personal and other services
Owner-
ship of dwell-
ings
Gross value added at basic prices
Taxes less sub-
sidies on pro-
ducts
Statis-
tical discre-
pancy
GDP(c)

Annual ($ million)

2005-06
28 145
75 613
101 320
22 117
68 746
46 693
54 281
20 050
45 725
22 555
70 426
121 911
38 683
42 400
60 218
14 651
18 371
78 813
931 040
80 905
na
1 012 269
2006-07
23 152
81 415
103 292
21 854
72 408
47 626
56 342
20 461
48 409
24 616
76 576
124 830
40 667
43 036
61 650
15 571
19 183
81 410
962 500
83 173
na
1 045 674
2007-08
24 172
83 414
106 724
21 842
77 084
49 032
58 904
20 525
51 018
26 373
81 655
131 139
40 708
43 681
62 899
16 111
19 867
83 423
998 571
84 837
254
1 083 661

Percentage change from previous year

2005-06
2.9
1.1
-0.5
1.3
8.3
2.9
1.0
2.9
2.7
7.3
5.2
3.0
2.1
1.2
5.0
2.8
4.0
3.8
3.0
2.0
na
3.0
2006-07
-17.7
7.7
1.9
-1.2
5.3
2.0
3.8
2.1
5.9
9.1
8.7
2.4
5.1
1.5
2.4
6.3
4.4
3.3
3.4
2.8
na
3.3
2007-08
4.4
2.5
3.3
-0.1
6.5
3.0
4.5
0.3
5.4
7.1
6.6
5.1
0.1
1.5
2.0
3.5
3.6
2.5
3.7
2.0
na
3.6

Seasonally adjusted ($ million)

2006-2007
December
5 718
20 364
26 131
5 569
18 148
11 880
13 941
5 091
12 032
6 121
18 768
31 185
9 910
10 738
15 402
3 850
4 795
20 289
239 934
20 714
-803
259 851
March
5 754
20 474
25 995
5 410
18 584
11 999
14 299
5 109
12 262
6 260
19 496
31 341
10 077
10 781
15 459
4 012
4 865
20 433
242 601
20 946
-215
263 315
June
5 122
20 563
25 995
5 359
18 437
12 021
14 284
5 201
12 385
6 357
19 976
31 527
10 109
10 821
15 609
3 994
4 792
20 559
243 031
21 021
1 228
265 253
2007-2008
September
5 977
20 319
26 067
5 489
18 979
12 048
14 589
5 198
12 495
6 498
20 392
31 986
10 008
10 861
15 609
3 956
4 909
20 657
246 037
21 160
944
268 141
December
6 256
20 819
26 541
5 438
19 113
12 284
14 756
5 152
12 574
6 593
20 530
32 326
10 383
10 900
15 522
4 066
4 908
20 783
248 944
21 313
442
270 699
March
6 211
20 858
26 998
5 491
19 414
12 233
14 812
5 130
12 761
6 671
20 447
32 938
10 207
10 940
15 898
4 017
4 991
20 919
250 937
21 258
-164
272 031
June
5 727
21 418
27 118
5 424
19 578
12 468
14 747
5 045
13 189
6 610
20 286
33 888
10 109
10 980
15 870
4 072
5 060
21 064
252 653
21 106
-970
272 790
2008-2009
September
6 452
21 094
26 891
5 694
19 850
12 508
14 768
5 055
12 871
6 673
19 898
33 630
10 238
11 020
15 999
4 157
5 015
21 218
253 031
20 895
-908
273 018
December
7 123
21 176
25 626
5 608
19 791
12 095
14 826
5 055
12 916
6 777
19 840
32 816
10 141
11 060
16 058
4 103
5 002
21 364
251 377
20 875
-685
271 567

Percentage change from previous quarter

2007-2008
September
16.7
-1.2
0.3
2.4
2.9
0.2
2.1
-0.1
0.9
2.2
2.1
1.5
-1.0
0.4
0.0
-1.0
2.4
0.5
1.2
0.7
na
1.1
December
4.7
2.5
1.8
-0.9
0.7
2.0
1.1
-0.9
0.6
1.5
0.7
1.1
3.7
0.4
-0.6
2.8
0.0
0.6
1.2
0.7
na
1.0
March
-0.7
0.2
1.7
1.0
1.6
-0.4
0.4
-0.4
1.5
1.2
-0.4
1.9
-1.7
0.4
2.4
-1.2
1.7
0.7
0.8
-0.3
na
0.5
June
-7.8
2.7
0.4
-1.2
0.8
1.9
-0.4
-1.6
3.4
-0.9
-0.8
2.9
-1.0
0.4
-0.2
1.4
1.4
0.7
0.7
-0.7
na
0.3
2008-2009
September
12.7
-1.5
-0.8
5.0
1.4
0.3
0.1
0.2
-2.4
1.0
-1.9
-0.8
1.3
0.4
0.8
2.1
-0.9
0.7
0.1
-1.0
na
0.1
December
10.4
0.4
-4.7
-1.5
-0.3
-3.3
0.4
0.0
0.4
1.6
-0.3
-2.4
-0.9
0.4
0.4
-1.3
-0.3
0.7
-0.7
-0.1
na
-0.5

na not available
(a) Basic prices are the amounts received by producers, including the value of any subsidies on products, but before any taxes on products.
(b) Reference year for chain volume measure is 2006-07.
(c) GDP at purchaser's prices.
Source: Australian National Accounts: National Income, Expenditure and Product, (cat. no. 5206.0)

Gross state product and state final demand, Chain volume measures(a)

Period
New South Wales
Victoria
Queensland
South Australia
Western Australia
Tasmania
Northern Territory
Australian Capital Territory
Australia

Gross state product, annual ($ million)

2005-06
329 578
241 242
189 502
67 896
129 996
19 785
13 325
20 983
1 012 269
2006-07
335 828
247 789
198 514
68 327
139 247
20 221
14 014
21 734
1 045 674
2007-08
345 336
255 705
209 050
70 922
146 444
20 907
14 555
22 287
1 083 661

State final demand, annual ($ million)

2005-06
319 875
245 154
196 248
69 469
112 753
20 962
14 778
33 596
1 012 988
2006-07
326 982
250 784
210 989
71 433
122 504
20 935
15 088
37 071
1 055 784
2007-08
341 211
261 578
225 780
72 813
134 234
22 093
15 802
37 886
1 111 775

State final demand, quarterly - seasonally adjusted ($ million)

2006-2007
December
81 231
62 405
51 773
17 735
30 417
5 219
3 687
9 182
261 484
March
82 155
62 804
53 217
17 946
30 939
5 288
3 810
9 307
266 137
June
83 462
63 437
54 640
18 063
32 147
5 393
3 717
9 483
269 975
2007-2008
September
83 996
64 231
54 853
17 875
32 803
5 383
3 838
9 378
272 500
December
85 346
65 344
56 079
18 137
33 150
5 496
3 915
9 481
276 689
March
85 911
65 436
56 969
18 314
33 610
5 504
3 954
9 418
279 768
June
86 172
66 658
57 911
18 514
34 643
5 723
4 094
9 599
282 733
2008-2009
September
86 606
65 551
57 796
19 055
34 873
5 799
4 288
9 552
283 648
December
86 349
66 362
58 069
18 785
35 083
5 791
4 256
9 446
283 836

State final demand, seasonally adjusted - percentage change from previous quarter

2007-2008
September
0.6
1.3
0.4
-1.0
2.0
-0.2
3.3
-1.1
0.9
December
1.6
1.7
2.2
1.5
1.1
2.1
2.0
1.1
1.5
March
0.7
0.1
1.6
1.0
1.4
0.1
1.0
-0.7
1.1
June
0.3
1.9
1.7
1.1
3.1
4.0
3.5
1.9
1.1
2008-2009
September
0.5
-1.7
-0.2
2.9
0.7
1.3
4.7
-0.5
0.3
December
-0.3
1.2
0.5
-1.4
0.6
-0.1
-0.7
-1.1
0.1

(a) Reference year 2006-07.
Source: Australian National Accounts: National Income, Expenditure and Product, (cat. no. 5206.0) and Australian National Accounts: State Accounts, (cat. no. 5220.0)








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