1350.0 - Australian Economic Indicators, Feb 2009  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 30/01/2009   
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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)
2005-06
1 012 269
1 000 464
809 914
1 012 988
984 768
1 014 965
2006-07
1 045 674
1 045 674
840 330
1 055 785
1 023 293
1 058 437
2007-08
1 083 942
1 095 362
878 971
1 111 754
1 059 669
1 116 286
PERCENTAGE CHANGE FROM PREVIOUS YEAR
2005-06
3.0
4.9
4.5
4.2
3.0
3.8
2006-07
3.3
4.5
3.8
4.2
3.9
4.3
2007-08
3.7
4.8
4.6
5.3
3.6
5.5
SEASONALLY ADJUSTED ($ MILLION)
2006-2007
September
257 328
256 060
206 020
258 204
250 989
257 540
December
259 677
259 565
208 571
261 390
254 156
262 059
March
263 347
264 113
212 337
266 169
257 764
268 245
June
265 322
265 936
213 402
270 023
260 384
270 593
2007-2008
September
268 201
268 366
215 297
272 581
262 279
273 700
December
270 513
271 478
217 611
276 642
264 100
278 267
March
272 130
273 944
219 574
279 798
265 925
281 512
June
273 098
281 578
226 489
282 657
267 365
283 149
2008-2009
September
273 269
285 461
231 626
283 717
266 679
284 655
TREND - PERCENTAGE CHANGE FROM PREVIOUS QUARTER
2006-2007
June
1.1
1.1
1.0
1.4
1.1
1.5
2007-2008
September
1.0
0.8
0.7
1.3
0.8
1.3
December
0.8
1.0
0.9
1.2
0.7
1.3
March
0.6
1.6
1.7
1.1
0.6
1.1
June
0.4
1.8
2.2
0.9
0.4
0.8
2008-2009
September
0.2
1.8
2.3
0.7
0.2
0.6
(a) Reference year for chain volume measure is 2006-07.
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)
2005-06
562 227
180 839
227 868
18 579
23 785
2 298
207 886
209 246
na
1 012 269
2006-07
584 874
186 205
238 948
18 756
27 003
2 652
215 695
228 452
na
1 045 674
2007-08
606 295
192 611
264 182
19 935
28 731
4 531
225 060
257 400
-4
1 083 942
PERCENTAGE CHANGE FROM PREVIOUS YEAR
2005-06
2.6
2.5
8.7
18.6
3.2
na
2.2
7.2
na
3.0
2006-07
4.0
3.0
4.9
1.0
13.5
na
3.8
9.2
na
3.3
2007-08
3.7
3.4
10.6
6.3
6.4
na
4.3
12.7
na
3.7
CONTRIBUTION TO ANNUAL GROWTH
2005-06
1.4
0.4
1.9
0.3
0.1
-0.4
0.5
1.4
na
3.0
2006-07
2.2
0.5
1.1
0.0
0.3
0.0
0.8
1.9
na
3.3
2007-08
2.0
0.6
2.4
0.1
0.2
0.2
0.9
2.8
na
3.7
SEASONALLY ADJUSTED ($ MILLION)
2006-2007
September
143 461
46 804
57 129
4 686
6 246
-718
53 129
53 587
259
257 328
December
145 775
46 182
57 671
4 799
7 010
620
53 809
56 790
642
259 677
March
147 376
46 579
61 422
4 382
6 263
2 069
54 171
58 711
-360
263 347
June
148 262
46 641
62 726
4 947
7 334
680
54 586
59 364
-540
265 322
2007-2008
September
149 812
47 422
64 040
4 847
6 461
1 120
55 353
60 929
75
268 201
December
151 694
48 029
64 931
4 889
7 099
1 625
55 169
62 941
18
270 513
March
152 457
48 327
66 555
5 087
7 372
1 714
56 405
65 682
-104
272 130
June
152 283
48 833
68 657
5 089
7 795
493
58 136
67 875
-313
273 098
2008-2009
September
152 370
49 119
68 839
5 451
7 938
938
58 132
68 958
-559
273 269
PERCENTAGE CHANGE FROM PREVIOUS QUARTER
2006-2007
June
0.6
0.1
2.1
12.9
17.1
na
0.8
1.1
na
0.8
2007-2008
September
1.0
1.7
2.1
-2.0
-11.9
na
1.4
2.6
na
1.1
December
1.3
1.3
1.4
0.9
9.9
na
-0.3
3.3
na
0.9
March
0.5
0.6
2.5
4.1
3.8
na
2.2
4.4
na
0.6
June
-0.1
1.0
3.2
0.0
5.7
na
3.1
3.3
na
0.4
2008-2009
September
0.1
0.6
0.3
7.1
1.8
na
0.0
1.6
na
0.1
PERCENTAGE CHANGE FROM SAME QUARTER OF PREVIOUS YEAR
2006-2007
June
4.1
1.4
8.8
6.4
27.7
na
2.2
9.3
na
3.9
2007-2008
September
4.4
1.3
12.1
3.4
3.4
na
4.2
13.7
na
4.2
December
4.1
4.0
12.6
1.9
1.3
na
2.5
10.8
na
4.2
March
3.4
3.8
8.4
16.1
17.7
na
4.1
11.9
na
3.3
June
2.7
4.7
9.5
2.9
6.3
na
6.5
14.3
na
2.9
2008-2009
September
1.7
3.6
7.5
12.5
22.9
na
5.0
13.2
na
1.9
CONTRIBUTION TO QUARTERLY GROWTH
2006-2007
June
0.3
0.0
0.5
0.2
0.4
-0.5
0.2
-0.2
-0.1
0.8
2007-2008
September
0.6
0.3
0.5
0.0
-0.3
0.2
0.3
-0.6
0.2
1.1
December
0.7
0.2
0.3
0.0
0.2
0.2
-0.1
-0.8
0.0
0.9
March
0.3
0.1
0.6
0.1
0.1
0.0
0.5
-1.0
0.0
0.6
June
-0.1
0.2
0.8
0.0
0.2
-0.4
0.6
-0.8
-0.1
0.4
2008-2009
September
0.0
0.1
0.1
0.1
0.1
0.2
0.0
-0.4
-0.1
0.1
na not available
(a) Reference year for chain volume measure is 2006-07.
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)
2005-06
28 145
75 613
101 320
22 117
68 746
46 693
54 281
20 050
45 725
22 555
70 426
121 911
38 683
42 400
60 218
14 651
18 371
78 813
931 040
80 905
na
1 012 269
2006-07
23 152
81 415
103 292
21 854
72 408
47 626
56 342
20 461
48 409
24 616
76 576
124 830
40 667
43 036
61 650
15 571
19 183
81 410
962 500
83 173
na
1 045 674
2007-08
25 042
83 096
106 724
21 842
77 008
49 032
58 904
20 525
51 017
26 373
81 335
131 139
40 708
43 681
62 897
16 113
19 834
83 423
998 693
84 852
397
1 083 942
PERCENTAGE CHANGE FROM PREVIOUS YEAR
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
-17.7
7.7
1.9
-1.2
5.3
2.0
3.8
2.1
5.9
9.1
8.7
2.4
5.1
1.5
2.4
6.3
4.4
3.3
3.4
2.8
na
3.3
2007-08
8.2
2.1
3.3
-0.1
6.4
3.0
4.5
0.3
5.4
7.1
6.2
5.1
0.1
1.5
2.0
3.5
3.4
2.5
3.8
2.0
na
3.7
SEASONALLY ADJUSTED ($ MILLION)
2006-2007
September
6 543
20 011
25 209
5 534
17 274
11 743
13 816
5 056
11 739
5 873
18 356
30 844
10 570
10 695
15 168
3 716
4 736
20 128
237 099
20 485
-295
257 328
December
5 737
20 355
26 069
5 559
18 133
11 863
13 942
5 100
12 009
6 136
18 770
31 013
9 910
10 738
15 416
3 847
4 795
20 289
239 689
20 716
-734
259 677
March
5 768
20 438
25 986
5 402
18 581
12 002
14 296
5 108
12 268
6 253
19 495
31 372
10 077
10 781
15 456
4 012
4 869
20 433
242 593
20 948
-177
263 347
June
5 105
20 612
26 029
5 359
18 419
12 019
14 287
5 198
12 393
6 354
19 955
31 601
10 109
10 821
15 610
3 996
4 784
20 559
243 120
21 024
1 206
265 322
2007-2008
September
6 112
20 195
26 120
5 512
19 008
12 074
14 584
5 190
12 506
6 488
20 325
32 112
10 008
10 861
15 594
3 958
4 925
20 657
246 229
21 158
814
268 201
December
6 602
20 745
26 450
5 425
19 066
12 257
14 759
5 164
12 540
6 617
20 440
32 160
10 383
10 900
15 541
4 062
4 888
20 783
248 780
21 320
413
270 513
March
6 398
20 828
26 992
5 482
19 386
12 236
14 809
5 129
12 769
6 662
20 362
33 028
10 207
10 940
15 894
4 019
4 982
20 919
251 041
21 266
-177
272 130
June
5 930
21 328
27 163
5 423
19 548
12 466
14 752
5 042
13 202
6 606
20 209
33 839
10 109
10 980
15 869
4 074
5 040
21 064
252 643
21 108
-652
273 098
2008-2009
September
6 774
21 473
26 889
5 468
19 728
12 450
14 772
5 062
12 803
6 665
19 896
33 581
10 277
11 020
15 967
4 218
4 946
21 217
253 208
20 910
-849
273 269
PERCENTAGE CHANGE FROM PREVIOUS QUARTER
2006-2007
June
-11.5
0.9
0.2
-0.8
-0.9
0.1
-0.1
1.8
1.0
1.6
2.4
0.7
0.3
0.4
1.0
-0.4
-1.7
0.6
0.2
0.4
na
0.8
2007-2008
September
19.7
-2.0
0.3
2.9
3.2
0.5
2.1
-0.2
0.9
2.1
1.9
1.6
-1.0
0.4
-0.1
-0.9
2.9
0.5
1.3
0.6
na
1.1
December
8.0
2.7
1.3
-1.6
0.3
1.5
1.2
-0.5
0.3
2.0
0.6
0.2
3.7
0.4
-0.3
2.6
-0.7
0.6
1.0
0.8
na
0.9
March
-3.1
0.4
2.0
1.1
1.7
-0.2
0.3
-0.7
1.8
0.7
-0.4
2.7
-1.7
0.4
2.3
-1.1
1.9
0.7
0.9
-0.3
na
0.6
June
-7.3
2.4
0.6
-1.1
0.8
1.9
-0.4
-1.7
3.4
-0.8
-0.7
2.5
-1.0
0.4
-0.2
1.4
1.2
0.7
0.6
-0.7
na
0.4
2008-2009
September
14.2
0.7
-1.0
0.8
0.9
-0.1
0.1
0.4
-3.0
0.9
-1.5
-0.8
1.7
0.4
0.6
3.5
-1.9
0.7
0.2
-0.9
na
0.1
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 measure is 2006-07.
(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)
2005-06
329 578
241 242
189 502
67 896
129 996
19 785
13 325
20 983
1 012 269
2006-07
335 828
247 789
198 514
68 327
139 247
20 221
14 014
21 734
1 045 674
2007-08
345 336
255 705
209 050
70 922
146 444
20 907
14 555
22 287
1 083 942
State final demand, annual ($ million)
2005-06
319 878
245 095
196 304
69 469
112 754
20 962
14 778
33 596
1 012 988
2006-07
327 008
250 762
210 986
71 433
122 499
20 934
15 095
37 070
1 055 785
2007-08
341 089
261 588
225 956
72 835
134 176
22 019
15 858
37 851
1 111 754
State final demand, quarterly - seasonally adjusted ($ million)
2006-2007
September
80 136
62 124
51 308
17 672
29 009
5 037
3 879
9 105
258 204
December
81 208
62 440
51 791
17 745
30 329
5 223
3 688
9 179
261 390
March
82 163
62 782
53 216
17 940
30 949
5 284
3 821
9 307
266 169
June
83 502
63 416
54 671
18 076
32 213
5 390
3 707
9 479
270 023
2007-2008
September
84 020
64 246
54 788
17 857
32 818
5 373
3 846
9 390
272 581
December
85 306
65 419
56 164
18 150
33 029
5 492
3 897
9 478
276 642
March
85 911
65 415
57 007
18 313
33 639
5 480
3 957
9 421
279 798
June
86 055
66 627
58 004
18 546
34 678
5 687
4 143
9 560
282 657
2008-2009
September
86 556
65 692
57 711
18 775
35 222
5 643
4 270
9 586
283 717
State final demand, seasonally adjusted - percentage change from previous quarter
2006-2007
June
1.6
1.0
2.7
0.8
4.1
2.0
-3.0
1.8
1.4
2007-2008
September
0.6
1.3
0.2
-1.2
1.9
-0.3
3.8
-0.9
0.9
December
1.5
1.8
2.5
1.6
0.6
2.2
1.3
0.9
1.5
March
0.7
0.0
1.5
0.9
1.8
-0.2
1.5
-0.6
1.1
June
0.2
1.9
1.7
1.3
3.1
3.8
4.7
1.5
1.0
2008-2009
September
0.6
-1.4
-0.5
1.2
1.6
-0.8
3.1
0.3
0.4
(a) Reference year 2006-07.
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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