Key economic indicators

Measures of economic performance including national and international accounts, prices, labour force and lending indicators

All data is seasonally adjusted data unless stated otherwise.

Trend series suspended as at March 2019 due to the impacts of COVID-19.

National accounts

IndicatorPeriodUnitValueChange previous periodChange same period last year
Gross domestic product GDP, Chain volume measures - seasonally adjustedDec Qtr 2024$m658,4950.6%1.3%

International accounts

IndicatorPeriodUnitValueChange previous periodChange same period last year
Balance on goods - seasonally adjustedMarch 2025$m6,900nana
Total goods credits - seasonally adjustedMarch 2025$m45,3487.6%5.0%
Total goods debits - seasonally adjustedMarch 2025$m-38,447-2.2%-2.1%
Balance on current account - seasonally adjustedDec Qtr 2024$m-12,547nana
Net International Investment Position (IIP) - originalDec Qtr 2024$m653,166-8.6%-20.2%
Net foreign debt - originalDec Qtr 2024$m1,388,6317.0%15.4%
Goods and services credits, Chain volume measures - seasonally adjustedDec Qtr 2024$m180,1220.7%1.7%
Goods and services debits, Chain volume measures - seasonally adjustedDec Qtr 2024$m-156,3420.1%5.8%

Consumption and investment

IndicatorPeriodUnitValueChange previous periodChange same period last year
Retail turnover, at current prices - seasonally adjustedMarch 2025$m37,275.10.3%4.3%
Actual new capital expenditure, in volume terms - seasonally adjustedDec qtr 2024$m$43,961 million-0.2%0.6%
Inventories held by private businesses, in volume terms - seasonally adjustedDec qtr 2024$m228,3430.1%1.3%

Production

IndicatorPeriodUnitValueChange previous periodChange same period last year
Income from sales of goods and services by manufacturers, in volume terms - seasonally adjustedDec qtr 2024$m106,651-2.3%-3.7%
Dwelling unit approvals - seasonally adjustedMarch 2025no.15,220-8.8%13.4%
Building approvals - seasonally adjustedMarch 2025$m15,590.69.4%16.2%
Total dwelling units commenced - seasonally adjustedDec qtr 2024no.41,911-4.4%5.3%
Building work done, Chain volume measures - seasonally adjustedDec qtr 2024$m38,297.9-0.7%-0.7%
Engineering construction work done, Chain volume measures - seasonally adjustedDec qtr 2024$m35,639.01.8%4.6%

Prices

IndicatorPeriodUnitValueChange previous periodChange same period last year
Consumer price index (2011-12 = 100.0) - originalMar 2025 QtrIndex no.140.70.9%2.4%
Producer price indexes, Final demand (2011-12 = 100.0) - originalMar Qtr 2025Index. no.134.20.93.7
Import price index (2011-12 = 100.0) - originalMar Qtr 2025Index no.135.93.3-1.8
Export price index (2011-12 = 100.0) - originalMar Qtr 2025Index no.161.62.1-2.1
Wage price index (2008-09 = 100.0) - originalDec Qtr 2024Index no.154.10.7%3.2%

Labour force and demography

IndicatorPeriodUnitValueChange previous periodChange same period last year
Employed persons - seasonally adjustedMarch 2025'00014,544.10.2%2.2%
Participation rate - seasonally adjustedMarch 2025%66.80.0 pts0.2 pts
Unemployment rate - seasonally adjustedMarch 2025%4.10.0 pts0.2 pts
Employment to population ratio - seasonally adjustedMarch 2025%64.10.0 pts0.1 pts
Job vacancies - seasonally adjustedFebruary 2025'000328.9-4.5%-9.3%
Estimated resident population - (preliminary)Sep qtr 2024'00027,309.40.41.8
Short-term overseas visitor arrivals - original (b)February 2025'000787.810.9%-8.2%

Incomes

IndicatorPeriodUnitValueChange previous periodChange same period last year
Company gross operating profits, at current prices - seasonally adjustedDec qtr 2024$m130,3615.9%-6.2%
Average weekly ordinary time earnings, full-time adultsNov 2024$1,975.802.7%4.6%

NA - not available

NP - not published

. . not applicable or not available

(a) Annualised estimate from the latest available quarterly publication.

(b) Trend series estimates suspended as at February 2020 due to the impacts of COVID-19. Original series now provided.

Back to top of the page