1345.0 - Key Economic Indicators, 2016  
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This table contains a summary of Australia's key economic indicators. Data contained in this table is updated as soon as it becomes available. Please also see Measures of Australia's Progress which is a summary of key social, environmental and economic national progress indicators.

National Accounts
International Accounts
Consumption and Investment
Production
Prices
Labour Force and Demography
Incomes
Housing Finance


Main
Features
Period
Units
Value
Change
Previous
Period
Change
Corresponding
Period Last
Year
National Accounts
Gross domestic product GDP, Chain volume measures - TrendMar Qtr 2016
$m
419 560
0.9%
3.2%
Gross domestic product GDP, Chain volume measures - Annual2015-16
$m
1 621 554
2.3%
na

International Accounts
Balance on Goods and Services - TrendJune 2016
$m
-2 359
0.6%
29.5%
Total Goods and Services Credits - TrendJune 2016
$m
26 045
0.6%
-0.2%
Total Goods and Services Debits - TrendJune 2016
$m
28 403
0.5%
-3.5%
Balance on Current Account - Trend Mar Qtr 2016
$m
-19 131
7.3%
-27.1%
Net International Investment Position (IIP) - OriginalMar Qtr 2016
$m
1 012 148
5.3%
11.5%
Net Foreign Debt - OriginalMar Qtr 2016
$m
1 027 844
0.9%
5.2%

Consumption and investment
Retail turnover at current prices - TrendJuly 2016
$m
25040.2
0.1%
2.7%
Actual New Capital Expenditure in volume terms - TrendJun Qtr 2016
$m
29130
-3.8%
-15.2%
Inventories held by Private Businesses, in volume terms - TrendMar 2016
$m
154 771
-0.1%
0.3%
Total new motor vehicle sales - TrendJuly 2016
no.
97 922
0.1%
1.5%

Production
Income from sales of goods and services by Manufacturers in volume terms - TrendMar 2016
$m
82 083
-1.0%
-4.0%
Dwelling unit approvals - TrendJul 2016
no.
19 971
0.2%
0.9%
Building approvals -TrendJul 2016
$m
9 726.6
1.9%
10.1%
Total dwelling units commenced - trendMar 2016
no.
58 667
1.8%
6.1%
Building work done - Chain Volume Measures - TrendJun 2016
$m
26 003.5
1.4%
5.6%
Engineering construction work done - Chain Volume Measures - trendJun 2016
$m
21 844.2
-5.1%
-19.6%

Prices
Consumer price index (2011-12 = 100.0) - OriginalJun Qtr 2016
Index no.
108.6
0.4
1.0
Producer Price Indexes, Final Demand (2011-12 = 100.0) - OriginalJun Qtr 2016
Index no.
106.0
+0.1%
+1.0%
Import price index (2011-12 = 100.0) - OriginalJun Qtr 2016
Index no.
103.5
1.0%
2.8%
Export price index (2011-12 = 100.0) - OriginalJun Qtr 2016
Index no.
73.9
1.4%
8.7%
Wage Price Index (2008-2009 = 100.0) - OriginalJun Qtr 2016
Index no.
123.7
0.4%
2.1%

Labour Force and Demography
Employed persons - TrendJul 2016
'000
11 955.1
0.1%
1.8%
Participation rate - TrendJul 2016
%
64.8
0.0 pts
-0.1 pts
Unemployment rate - TrendJul 2016
%
5.7
0.0 pts
-0.4 pts
Employment to Population ratio - Trend Jul 2016
%
61.1
0.0 pts
0.2 pts
Job Vacancies - TrendMay 2016
'000
171.9
0.9%
9.6%
Estimated resident population - (Preliminary)Dec Qtr 2015
'000
23,940.3
0.3%
1.4%
Short-term overseas visitor arrivals - Trend (a)June 2016
'000
687.5
0.9%
12.0%
For unemployment and participation rates, the changes are given as percentage points.

Incomes
Company gross operating profits (in current price terms) - TrendMar 2016
$m
61 141
-3.1%
-6.6%
Average weekly earnings, full-time adults: ordinary time - TrendMay 2016
$
1516.00
np
2.1%

Housing Finance
Housing finance for owner occupation, dwellings financed - TrendJune 2016
no.
57247
0.2%
5.9%

na not available
np not published
. . not applicable or not available
(a) Data revised from July 2004 to December 2013. For information see Explanatory Note 12 & 13.