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Australia Gross Domestic Product (GDP) YoY

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Australia Gross Domestic Product (GDP) YoY

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Status

 
Latest Release
Mar 06, 2024
Actual
1.5%
Forecast
1.4%
Previous
2.1%
Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy''s health. A stronger than expected number should be taken as positive for the AUD and a lower than expected number as negative to the AUD.
Importance:
Country:
Currency: AUD
Source: Australian Statistician
Australia Gross Domestic Product (GDP) YoY
 
Release Date Time Actual Forecast Previous
Mar 05, 2024 (Q4) 20:30 1.5% 1.4% 2.1%
Dec 05, 2023 (Q3) 20:30 2.1% 1.8% 2.0%
Sep 05, 2023 (Q2) 21:30 2.1% 1.8% 2.4%
Jun 06, 2023 (Q1) 21:30 2.3% 2.4% 2.6%
Feb 28, 2023 (Q4) 20:30 2.7% 2.7% 5.9%
Dec 06, 2022 (Q3) 20:30 5.9% 6.2% 3.2%

News

Australia GDP grows 0.2% as expected in Q4
Australia GDP grows 0.2% as expected in Q4 By Investing.com - Mar 05, 2024

Investing.com-- Australia’s economy grew as expected in the fourth quarter, aided chiefly by strong government and business spending and steady exports, which helped offset a broader decline in...

Australian economy grows slightly more than expected in Q2
Australian economy grows slightly more than expected in Q2 By Investing.com - Sep 05, 2023

Investing.com-- The Australian economy grew a touch above expectations in the second quarter, data showed on Wednesday, as strong exports and infrastructure spending helped offset the impact of sticky...

Analysis

Marc Chandler
RBA Surprises With A 25 BP Hike By Marc Chandler - May 03, 2022

The large bourses in Asia Pacific—but Hong Kong—eased. Japan and China's mainland markets were closed for the holiday. Europe's Stoxx 600 was up about 0.6%. It gapped lower yesterday and...

GDP (YoY) Discussion

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All Comments (2)
yasser marzouk
yasser marzouk Mar 03, 2015 1:13PM ET
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would it go up or down?.
No Fear Seif
No Fear Seif Dec 02, 2014 7:20PM ET
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Actual 2.9% will gone
Nan Joe
Joenan Dec 02, 2014 7:20PM ET
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Pls how do you mean by "Actual 2.9% will gone"? Please can you explain better?
 
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