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Australia
US Dollar (USD)
Economic Highlights
- High income levelAverage monthly wage of 6,190 USD places this country in the high-income range.
GDP Forecast
Forecast: LinearTrend-v1 · ±4,377.55 (95% band) · MAE 2,010.692 · RMSE 2,233.444
Australia Economic Overview
Australia's economy is characterized by its unique economic structure and regional importance. This page provides comprehensive economic indicators including GDP growth trends, inflation rates, unemployment statistics, and debt-to-GDP ratios.
Understanding Australia's economic performance is essential for investors, policymakers, and researchers analyzing global economic trends and making informed decisions.
- GDP Analysis: Track historical growth patterns and quarterly performance
- Inflation Monitoring: Consumer Price Index trends and purchasing power insights
- Labor Market: Unemployment rates and workforce participation data
- Fiscal Health: Government debt levels and budget balance information
- International Trade: Balance of payments and current account statistics
GDP Growth Trends (Last 5 Years)
Quick Facts
Central bank rate
4.4%
Gross Domestic Product per capita (annual)
USD 66,620.7
Average Wage:
USD 6,190.01
Minimum Wage:
USD 34,127.46
Credit rating
S&P AAA · Moody's Aaa
VAT rate
10%
Corporate tax rate
30%
Top income tax rate
45%
Big Mac index
$6.90 (2025)
ASX 200
9,020.8▼ 0.49%
Inflation (CPI)
4.3%▲
YoY, Sep 2026
Unemployment Rate
N/A
Debt-to-GDP
N/A
Australia Ranking vs. G7 Nations
| Metric | GDP Growth | Inflation | Central bank rate | Labor Market |
|---|---|---|---|---|
| Australia | -2.7% | 4.3% | 4.4% | |
| United States of America | 6.5% | 3.4% | 3.9% | |
| Canada | -13.8% | 3.0% | 2.5% | |
| Germany | 5.7% | 2.9% | 2.6% | |
| France | -21.8% | 2.6% | 2.6% | |
| Italy | N/A | 3.2% | 2.6% | |
| Japan | N/A | 0.3% | 1.0% | |
| United Kingdom | 8.4% | 3.4% | 3.8% |
Related Economic Indicators for Australia
Explore these indicators to build a complete picture of Australia's economic performance: