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COUNTRY OUTLOOK / AU

Australia

Cash rate target · ISO:AU

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Forecast availableTarget · 31 Oct 2026Issued · 15 Sep 2026, 02:54 UTCRESEARCH ONLY
CapitalCanberra
RegionEast Asia & Pacific
Income groupHigh income
CurrencyAustralian dollar
GDP$1.8T2025 · current US$
Real GDP growth1.35%2025 · annual %
Population27.61M2025 · people
GDP per capita$65,129.722025 · current US$

Latest available annual observations; years differ by indicator. Monetary values use the stated current-price basis and are not forecasts. World Bank data fetched 2026-09-15.

Economic structure

2025 · share of GDP

Broad sectors use the latest common year. Manufacturing is included in industry. Shares can total less than 100% because of taxes and accounting adjustments.

Australia's largest reported broad sector is services in 2025.

Monetary & research context

Policy authorityISO:AU
Policy frameworkunverified rate framework
Native targetpolicy benchmark rate
Decision evidence0
Calendar evidence0
Communication records0

Evidence counts include research inputs; they do not establish live coverage or independent observations. A country's economic composition is descriptive and does not establish what caused a model forecast.

Country events & results ↗

Explore annual trends

Real GDP growth

1.35% · 2025 · annual %

Real GDP growth · annual %-0.13%2.06%4.25%2014: 2.60118978187332 annual %2015: 2.16434780647852 annual %2016: 2.75564065529868 annual %2017: 2.29331030192918 annual %2018: 2.87417039499501 annual %2019: 2.19401703622717 annual %2020: -0.133531904304775 annual %2021: 2.00694844335034 annual %2022: 4.25304559238732 annual %2023: 3.58382100798981 annual %2024: 1.37340773365975 annual %2025: 1.35039785076631 annual %20142025
View annual observations
YearValue (annual %)
20251.350
20241.373
20233.584
20224.253
20212.007
2020-0.134
20192.194
20182.874
20172.293
20162.756
20152.164
20142.601
World Bank source & definition ↗

Economy

GDP$1.8T2025 · current US$Source & definition ↗
Real GDP growth1.35%2025 · annual %Source & definition ↗
GDP per capita$65,129.722025 · current US$Source & definition ↗
GDP at purchasing power parityInt$ 1.99T2025 · current international $Source & definition ↗

People

Population27.61M2025 · peopleSource & definition ↗
Population growth1.53%2025 · annual %Source & definition ↗
Urban population87.72%2025 · % of populationSource & definition ↗
Life expectancy83.052024 · yearsSource & definition ↗
Unemployment · ILO estimate4.09%2025 · % of labor forceSource & definition ↗
Labor force participation · ages 15+66.54%2025 · % of population ages 15+Source & definition ↗

Sectors

Agriculture, forestry & fishing2.27%2025 · % of GDPSource & definition ↗
Industry including construction23.89%2025 · % of GDPSource & definition ↗
Services67.49%2025 · % of GDPSource & definition ↗
Manufacturing5.32%2025 · % of GDPSource & definition ↗

Trade & investment

Exports of goods & services23.24%2025 · % of GDPSource & definition ↗
Imports of goods & services22.66%2025 · % of GDPSource & definition ↗
Current account balance-2.68%2025 · % of GDPSource & definition ↗
Foreign direct investment · net inflows2.03%2025 · % of GDPSource & definition ↗

Money & public finance

Consumer inflation2.87%2025 · annual %Source & definition ↗
Central government debt57.88%2022 · % of GDPSource & definition ↗
Tax revenue23.56%2022 · % of GDPSource & definition ↗
Government cash surplus / deficitNot available% of GDP
Domestic credit to private sector133.79%2025 · % of GDPSource & definition ↗
Total reserves including gold$72.63B2025 · current US$Source & definition ↗

Infrastructure

Internet use96.13%2024 · % of populationSource & definition ↗
Access to electricity100.00%2024 · % of populationSource & definition ↗

Geography

Surface area7,741,2202023 · square kmSource & definition ↗

Government debt covers central government, which can differ substantially from general-government debt. Indicator definitions, estimation methods and coverage differ. Latest available does not mean current-year: older observations remain explicitly dated. Source: World Bank WDI and its underlying contributors.

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Every forecast has a boundary.This is a dated research snapshot, not an automatically updating market feed. Source gaps, model limitations, and adverse results are retained.

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