1350.0 - Australian Economic Indicators, Sep 2008  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 29/08/2008   
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Contents >> National Accounts & International Comparisons >> Gross Domestic Product (GDP)

GROSS DOMESTIC PRODUCT (GDP)

GDP and real net national disposable income, (from Table 1.1) Chain volume measures, Trend - Quarterly % change
Graph: GDP and real net national disposable income, chain volume measures, trend, quarterly percentage change from table 1.1.

GDP and other selected aggregates, Chain volume measures(a)

Period
GDP
Real gross domestic income
Real net national disposable income
Domestic final demand
Non-farm GDP
Gross national expenditure

ANNUAL ($ MILLION)

2004-05
939 692
922 507
750 429
942 200
914 844
945 837
2005-06
967 454
967 454
781 696
981 358
941 859
981 970
2006-07
999 827
1 013 437
811 080
1 022 126
979 225
1 024 076

PERCENTAGE CHANGE FROM PREVIOUS YEAR

2004-05
2.8
4.7
4.0
4.8
2.8
4.7
2005-06
3.0
4.9
4.2
4.2
3.0
3.8
2006-07
3.3
4.8
3.8
4.2
4.0
4.3

SEASONALLY ADJUSTED ($ MILLION)

2005-2006
March
242 392
242 456
196 079
246 087
235 780
246 257
June
243 921
245 057
197 602
248 461
237 736
247 572
2006-2007
September
245 740
247 770
198 602
249 829
239 998
248 973
December
248 351
251 538
201 213
253 302
243 273
253 834
March
251 467
255 564
204 409
257 275
246 322
258 852
June
254 268
258 292
206 856
261 720
249 660
262 697
2007-2008
September
257 318
260 899
209 435
263 412
251 785
265 287
December
259 041
263 231
210 644
267 229
253 418
268 780
March
260 629
265 444
212 968
269 588
255 146
271 097

TREND - PERCENTAGE CHANGE FROM PREVIOUS QUARTER

2006-2007
December
1.0
1.5
1.2
1.3
1.3
1.6
March
1.2
1.4
1.4
1.5
1.3
1.8
June
1.2
1.2
1.3
1.4
1.2
1.6
2007-2008
September
1.0
1.0
1.0
1.2
0.9
1.2
December
0.8
0.9
0.9
1.1
0.7
1.1
March
0.7
0.9
0.9
1.0
0.7
1.0

(a) Reference year for chain volume measure is 2005-06.
Source: Australian National Accounts: National Income, Expenditure and Product, cat. no. 5206.0

Contributions to Growth in GDP, (from Table 1.2) Chain volume measure, Trend
Graph: Contributions to growth in GDP, chain volume measure, trend from table 1.2. Showing Final consumption expenditure and Gross fixed capital formation.


Total gross fixed capital formation, (from Table 1.2) Chain volume measure-Quarterly % change
Graph: Total gross fixed capital formation, chain volume measure, quarterly percentage change from table 1.2. Showing Trend and Seasonally adjusted.


Private gross fixed capital formation (pgfcf), (from Table 1.2) Chain volume measure, Trend - Quarterly % change
Graph: Private gross fixed capital formation (PGFCF), chain volume measure, quarterly percentage change from table 1.2. Showing Trend and Seasonally adjusted.


Private GFCF: selected components, (from Table 1.2) Chain volume measure, Trend-Quarterly % change
Graph: Private gross fixed capital formation (PGFCF), selected components, chain volume measure, trend, quarterly percentage change from table 1.2. Showing Dwellings and Non-dwelling construction.

EXPENDITURE ON GROSS DOMESTIC PRODUCT, Chain volume measures(a)

Final consumption expenditure
Gross fixed capital formation
Period
House-
holds
Govern-
ment
Private
Public corpor-
ations
General govern-
ment
Change in inven-
tories
Exports of goods and services
Imports of goods and services
Statis-
tical discrep-
ancy
GDP

ANNUAL ($ MILLION)

2004-05
533 641
168 932
203 083
14 280
22 295
5 825
192 045
196 568
na
939 692
2005-06
547 457
173 139
220 823
16 942
22 999
612
196 274
210 794
na
967 454
2006-07
569 138
177 954
231 056
17 345
26 633
1 950
203 551
229 495
1 695
999 827

PERCENTAGE CHANGE FROM PREVIOUS YEAR

2004-05
4.4
3.8
5.8
12.8
6.1
na
3.1
12.1
na
2.8
2005-06
2.6
2.5
8.7
18.6
3.2
na
2.2
7.2
na
3.0
2006-07
4.0
2.8
4.6
2.4
15.8
na
3.7
8.9
na
3.3

CONTRIBUTION TO ANNUAL GROWTH

2004-05
2.5
0.7
1.2
0.2
0.1
0.0
0.6
2.3
na
2.8
2005-06
1.5
0.4
1.9
0.3
0.1
-0.6
0.5
1.5
na
3.0
2006-07
2.2
0.5
1.1
0.0
0.4
0.1
0.8
1.9
0.2
3.3

SEASONALLY ADJUSTED ($ MILLION)

2005-2006
March
137 158
43 274
55 447
4 512
5 712
124
49 064
52 752
-248
242 392
June
138 552
44 094
56 100
4 306
5 608
-953
50 416
54 666
603
243 921
2006-2007
September
139 504
44 718
55 207
4 363
6 036
-856
50 326
54 125
566
245 740
December
141 721
44 180
55 769
4 541
7 091
533
50 744
57 323
1 096
248 351
March
143 380
44 494
59 254
3 875
6 272
1 577
51 020
58 499
94
251 467
June
144 532
44 562
60 826
4 566
7 234
977
51 463
59 547
-345
254 268
2007-2008
September
146 213
45 190
61 208
4 426
6 375
1 876
52 478
60 985
537
257 318
December
148 465
45 904
61 372
4 544
6 946
1 551
52 106
63 059
1 214
259 041
March
149 506
46 067
61 846
4 642
7 527
1 510
52 373
65 246
2 404
260 629

PERCENTAGE CHANGE FROM PREVIOUS QUARTER

2006-2007
December
1.6
-1.2
1.0
4.1
17.5
na
0.8
5.9
na
1.1
March
1.2
0.7
6.2
-14.7
-11.6
na
0.5
2.1
na
1.3
June
0.8
0.2
2.7
17.8
15.3
na
0.9
1.8
na
1.1
2007-2008
September
1.2
1.4
0.6
-3.1
-11.9
na
2.0
2.4
na
1.2
December
1.5
1.6
0.3
2.7
9.0
na
-0.7
3.4
na
0.7
March
0.7
0.4
0.8
2.2
8.4
na
0.5
3.5
na
0.6

PERCENTAGE CHANGE FROM SAME QUARTER OF PREVIOUS YEAR

2006-2007
December
4.1
2.4
0.6
5.2
26.6
na
3.8
8.9
na
2.8
March
4.5
2.8
6.9
-14.1
9.8
na
4.0
10.9
na
3.7
June
4.3
1.1
8.4
6.0
29.0
na
2.1
8.9
na
4.2
2007-2008
September
4.8
1.1
10.9
1.4
5.6
na
4.3
12.7
na
4.7
December
4.8
3.9
10.0
0.1
-2.1
na
2.7
10.0
na
4.3
March
4.3
3.5
4.4
19.8
20.0
na
2.7
11.5
na
3.6

CONTRIBUTION TO QUARTERLY GROWTH

2006-2007
December
0.9
-0.2
0.2
0.1
0.4
0.6
0.2
-1.3
0.2
1.1
March
0.7
0.1
1.4
-0.3
-0.3
0.4
0.1
-0.5
-0.4
1.3
June
0.5
0.0
0.6
0.3
0.4
-0.2
0.2
-0.4
-0.2
1.1
2007-2008
September
0.7
0.2
0.2
-0.1
-0.3
0.4
0.4
-0.6
0.3
1.2
December
0.9
0.3
0.1
0.0
0.2
-0.1
-0.1
-0.8
0.3
0.7
March
0.4
0.1
0.2
0.0
0.2
0.0
0.1
-0.8
0.5
0.6

na not available
(a) Reference year for chain volume measures is 2005-06.
Source: Australian National Accounts: National Income, Expenditure and Product, cat. no. 5206.0

Gross value added, By industry at basic prices(a) - Chain volume measures(b)

Period
Agricult-
ure, forestry and fishing
Mining
Manuf-
acturing
Electric-
ity, gas and water supply
Constr-
uction
Whole-
sale trade
Retail trade
Accom-
modation, cafes and rest-
aurants
Trans-
port and storage
Comm-
unic-
ation serv-
ices
Finance and in-
surance
Property and business services
Govern-
ment admin-
istration and defence
Edu-
cation
Health and com-
munity services
Cultural and re-
creation-
al services
Personal and other services
Owner-
ship of dwell-
ings
Gross value added at basic prices
Taxes less sub-
sidies on pro-
ducts
Statis-
tical discre-
pancy
GDP(c)

ANNUAL ($ MILLION)

2004-05
26 692
64 223
99 688
21 792
57 698
43 796
54 186
19 520
42 480
21 855
65 778
109 446
37 050
40 634
54 151
13 707
17 032
72 598
861 775
77 903
0
939 692
2005-06
27 457
64 928
99 173
22 082
62 474
45 073
54 728
20 092
43 632
23 453
69 182
112 705
37 822
41 138
56 868
14 091
17 713
75 348
887 959
79 495
0
967 454
2006-07
22 517
69 890
101 104
21 820
67 579
45 974
56 851
20 504
46 273
25 846
74 910
116 260
39 762
41 755
58 220
14 970
18 005
77 831
920 073
81 344
-1 590
999 827

PERCENTAGE CHANGE FROM PREVIOUS YEAR

2004-05
4.1
4.6
-1.2
0.8
4.8
3.4
4.3
4.9
5.4
3.4
4.0
1.0
3.5
1.2
3.9
5.8
1.3
4.1
2.9
2.7
na
2.8
2005-06
2.9
1.1
-0.5
1.3
8.3
2.9
1.0
2.9
2.7
7.3
5.2
3.0
2.1
1.2
5.0
2.8
4.0
3.8
3.0
2.0
na
3.0
2006-07
-18.0
7.6
1.9
-1.2
8.2
2.0
3.9
2.0
6.1
10.2
8.3
3.2
5.1
1.5
2.4
6.2
1.6
3.3
3.6
2.3
na
3.3

SEASONALLY ADJUSTED ($ MILLION)

2005-2006
March
7 070
15 947
24 386
5 600
15 431
11 346
13 734
5 065
10 936
5 952
17 422
28 362
9 501
10 300
14 236
3 479
4 385
18 921
222 163
19 919
308
242 392
June
6 721
16 239
24 604
5 579
16 277
11 294
13 858
5 093
11 091
6 029
17 301
28 605
9 471
10 336
14 240
3 576
4 495
19 102
223 981
19 975
-38
243 921
2006-2007
September
6 220
17 112
24 660
5 534
16 071
11 338
13 934
5 070
11 211
6 144
17 736
28 602
10 240
10 376
14 330
3 618
4 428
19 220
225 843
20 028
-130
245 740
December
5 560
17 545
25 513
5 557
16 988
11 461
14 076
5 108
11 481
6 451
18 179
28 917
9 733
10 418
14 556
3 762
4 482
19 374
229 159
20 236
-1 044
248 351
March
5 621
17 504
25 373
5 400
17 299
11 570
14 415
5 126
11 713
6 587
19 048
29 175
9 851
10 460
14 587
3 788
4 542
19 535
231 596
20 464
-593
251 467
June
5 087
17 729
25 559
5 330
17 221
11 605
14 426
5 199
11 868
6 664
19 947
29 566
9 938
10 502
14 747
3 802
4 553
19 702
233 446
20 616
206
254 268
2007-2008
September
5 995
17 343
25 551
5 525
17 592
11 641
14 730
5 207
12 005
6 819
20 798
30 067
10 007
10 544
15 021
3 793
4 720
19 871
237 231
20 718
-630
257 318
December
6 079
17 495
25 896
5 435
17 278
11 825
14 934
5 200
12 029
6 972
21 541
30 117
10 062
10 585
15 002
3 884
4 752
20 036
239 123
20 866
-948
259 041
March
5 939
17 633
26 318
5 496
17 754
11 737
14 989
5 186
12 212
7 020
21 803
30 795
10 030
10 627
15 137
3 805
4 874
20 205
241 557
21 047
-1 975
260 629

PERCENTAGE CHANGE FROM PREVIOUS QUARTER

2006-2007
December
-10.6
2.5
3.5
0.4
5.7
1.1
1.0
0.7
2.4
5.0
2.5
1.1
-5.0
0.4
1.6
4.0
1.2
0.8
1.5
1.0
na
1.1
March
1.1
-0.2
-0.5
-2.8
1.8
0.9
2.4
0.4
2.0
2.1
4.8
0.9
1.2
0.4
0.2
0.7
1.3
0.8
1.1
1.1
na
1.3
June
-9.5
1.3
0.7
-1.3
-0.4
0.3
0.1
1.4
1.3
1.2
4.7
1.3
0.9
0.4
1.1
0.4
0.3
0.9
0.8
0.7
na
1.1
2007-2008
September
17.8
-2.2
0.0
3.7
2.2
0.3
2.1
0.1
1.2
2.3
4.3
1.7
0.7
0.4
1.9
-0.2
3.7
0.9
1.6
0.5
na
1.2
December
1.4
0.9
1.4
-1.6
-1.8
1.6
1.4
-0.1
0.2
2.2
3.6
0.2
0.5
0.4
-0.1
2.4
0.7
0.8
0.8
0.7
na
0.7
March
-2.3
0.8
1.6
1.1
2.8
-0.7
0.4
-0.3
1.5
0.7
1.2
2.2
-0.3
0.4
0.9
-2.0
2.6
0.8
1.0
0.9
na
0.6

na not available
(a) Basic prices are the amounts received by producers, including the value of any subsidies on products, but before any taxes on products.
(b) Reference year for chain volume measures is 2005-06.
(c) GDP at purchaser's prices.
Source: Australian National Accounts: National Income, Expenditure and Product, cat. no. 5206.0

Gross state product and state final demand, Chain volume measures(a)

Period
New South Wales
Victoria
Queensland
South Australia
Western Australia
Tasmania
Northern Territory
Australian Capital Territory
Australia

Gross state product, annual ($ million)

2004-05
309 117
230 516
172 294
63 640
114 754
18 322
12 032
19 334
939 692
2005-06
315 709
236 203
178 581
65 177
120 255
18 842
12 693
19 994
967 454
2006-07
321 325
242 595
187 339
65 676
127 775
19 239
13 405
20 985
999 827

State final demand, annual ($ million)

2004-05
306 916
231 802
177 868
66 311
96 198
19 496
13 142
30 325
942 200
2005-06
312 036
239 816
189 109
67 445
106 796
20 238
14 075
31 843
981 358
2006-07
318 702
246 173
203 522
69 346
115 957
20 227
14 396
33 827
1 022 126

State final demand, quarterly - seasonally adjusted ($ million)

2005-2006
March
77 867
59 795
48 135
16 880
26 690
5 057
3 569
7 915
246 087
June
78 337
60 323
48 205
16 948
28 094
5 044
3 565
8 239
248 461
2006-2007
September
78 231
60 864
49 291
17 140
27 365
4 862
3 692
8 324
249 829
December
79 217
61 280
50 029
17 243
28 462
5 054
3 524
8 406
253 302
March
79 882
61 662
51 293
17 416
29 442
5 104
3 620
8 463
257 275
June
81 373
62 368
52 884
17 547
30 688
5 206
3 561
8 634
261 720
2007-2008
September
81 974
62 772
52 749
17 371
30 767
5 255
3 774
8 421
263 412
December
82 486
63 930
54 094
17 717
30 999
5 485
3 814
8 603
267 229
March
83 064
64 314
54 682
17 983
31 429
5 516
3 814
8 468
269 588

State final demand, seasonally adjusted - percentage change from previous quarter

2006-2007
December
1.3
0.7
1.5
0.6
4.0
4.0
-4.5
1.0
1.4
March
0.8
0.6
2.5
1.0
3.4
1.0
2.7
0.7
1.6
June
1.9
1.1
3.1
0.8
4.2
2.0
-1.6
2.0
1.7
2007-2008
September
0.7
0.6
-0.3
-1.0
0.3
0.9
6.0
-2.5
0.6
December
0.6
1.8
2.6
2.0
0.8
4.4
1.1
2.2
1.4
March
0.7
0.6
1.1
1.5
1.4
0.6
0.0
-1.6
0.9

(a) Reference year 2005-06.
Source: Australian National Accounts: National Income, Expenditure and Product, (cat. no. 5206.0) and Australian National Accounts: State Accounts, (cat. no. 5220.0)








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