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Australia

Australia : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook

Imports

$243.4 billion (2011 est.)
$194.7 billion (2010 est.)

Exports

$272.1 billion (2011 est.)
$212.9 billion (2010 est.)

Inflation rate (consumer prices)

3.4% (2011 est.)
2.8% (2010 est.)

Unemployment rate

5.1% (2011 est.)
5.2% (2010 est.)

GDP - per capita (PPP)

$40,800 (2011 est.)
$40,400 (2010 est.)
$40,000 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

3.3% (2010 est.)
1.2% (2009 est.)
2.2% (2008 est.)

Internet users

15.81 million (2009)

Telephones - mobile cellular

22.5 million (2009)

Population growth rate

1.126% (2012 est.)

Population

22,015,576 (July 2012 est.)

Historical background

Aboriginal settlers arrived on the continent from Southeast Asia about 40,000 years before the first Europeans began exploration in the 17th century.

No formal territorial claims were made until 1770, when Capt.

James COOK took possession of the east coast in the name of Great Britain (all of Australia was claimed as British territory in 1829 with the creation of the colony of Western Australia).

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Australia

Economic overview

Australia's abundant and diverse natural resources attract high levels of foreign investment and include extensive reserves of coal, iron ore, copper, gold, natural gas, uranium, and renewable energy sources.

A series of major investments, such as the US$40 billion Gorgon Liquid Natural Gas project, will significantly expand the resources sector.

Australia also has a large services sector and is a significant exporter of natural resources, energy, and food.

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The Economist Intelligence Unit

Country Forecast Australia April 2016 Updater

Country Forecast Australia April 2016 Updater

  • $ 635
  • Country report
  • April 2016
  • by The Economist Intelligence Unit

The Liberal-National coalition government will announce its budget for fiscal year 2016/17 (July-June) early, on May 3rd, and is likely to call a double-dissolution election (for the entire Senate and ...

  • Countries : Australia

Dun and Bradstreet (Altares)

D&B Country Insight Report: Australia

D&B Country Insight Report: Australia

  • $ 650
  • Country report
  • February 2016
  • by Dun and Bradstreet (Altares)

Report Summary If you are involved in cross-border business, developing relationships or identifying opportunities overseas, you are exposed to the risk associated with a country’s overall political, ...

  • Countries : Australia, World

ISA

Australia - ISA Country Report

Australia - ISA Country Report

  • $ 99
  • Country report
  • May 2016
  • by ISA

This report contains detailed forecasts and analysis for Australia, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. Each ISA Country ...

  • Countries : Australia

Oxford Economics

Country Economic Forecasts > Australia

Country Economic Forecasts > Australia

  • $ 185
  • Country report
  • March 2016
  • by Oxford Economics

An early election this year looks increasingly likely as the Budget is brought forward. But any political effect on the economy should be limited and transient. We see GDP growth of 2.8% this year and ...

  • Countries : Australia

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