CountryFacts.com > Australia > Economy
Google
CountryFacts.com
Top 10 Countries *
United States
China
Japan
India
Germany
France
United Kingdom
Italy
Russia
Brazil
* By Gross Domestic
   Market (2002)
Australia Economy
GDP:
purchasing power parity - $571.4 billion (2003 est.)
GDP - real growth rate:
3% (2003 est.)
GDP - per capita:
purchasing power parity - $29,000 (2003 est.)
GDP - composition by sector:
agriculture: 3.5%
industry: 26.3%
services: 70.2% (2003 est.)
Investment (gross fixed):
24.8% of GDP (2003)
Population below poverty line:
NA
Household income or consumption by percentage share:
lowest 10%: 2%
highest 10%: 25.4% (1994)
Distribution of family income - Gini index:
35.2 (1994)
Inflation rate (consumer prices):
2.8% (2003 est.)
Labor force:
10.19 million (37256)
Labor force - by occupation:
agriculture 5%, industry 22%, services 73% (1997 est.)
Unemployment rate:
6% (2003)
Budget:
revenues: $185 billion
expenditures: $181 billion, including capital expenditures of NA (2003)
Public debt:
18.2% of GDP (2003)
Industries:
mining, industrial and transportation equipment, food processing, chemicals, steel
Industrial production growth rate:
-0.1% (2003 est.)
Electricity - production:
198.2 billion kWh (2001)
Electricity - production by source:
fossil fuel: 90.8%
hydro: 8.3%
other: 0.9% (2001)
nuclear: 0%
Electricity - consumption:
184.4 billion kWh (2001)
Electricity - exports:
0 kWh (2001)
Electricity - imports:
0 kWh (2001)
Oil - production:
731,000 bbl/day (2001 est.)
Oil - consumption:
796,500 bbl/day (2001 est.)
Oil - exports:
523,400 bbl/day (2001)
Oil - imports:
530,800 bbl/day (2001)
Oil - proved reserves:
3.664 billion bbl (1 January 2002)
Natural gas - production:
33.08 billion cu m (2001 est.)
Natural gas - consumption:
23.33 billion cu m (2001 est.)
Natural gas - exports:
9.744 billion cu m (2001 est.)
Natural gas - imports:
0 cu m (2001 est.)
Natural gas - proved reserves:
2.407 trillion cu m (1 January 2002)
Agriculture - products:
wheat, barley, sugarcane, fruits; cattle, sheep, poultry
Current account balance:
$-30.14 billion (2003)
Exports:
$68.67 billion (2003 est.)
Exports - commodities:
coal, gold, meat, wool, alumina, iron ore, wheat, machinery and transport equipment
Exports - partners:
Japan 18.1%, US 8.7%, China 8.4%, South Korea 7.4%, New Zealand 7.4%, UK 6.7% (2003 est.)
Imports:
$82.91 billion (2003 est.)
Imports - commodities:
machinery and transport equipment, computers and office machines, telecommunication equipment and parts; crude oil and petroleum products
Imports - partners:
US 16%, Japan 12.5%, China 11%, Germany 6.1%, UK 4.2% (2003 est.)
Reserves of foreign exchange & gold:
$33.26 billion (2003)
Debt - external:
$233.5 billion (2003 est.)
Economic aid - donor:
ODA, $894 million (FY99/00)
Currency code:
AUD
Fiscal year:
1 July - 30 June
Copyright © 2017 Digital Properties, LLC All Rights Reserved.