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Economy Australia
Flag of Australia Australia
Population: 19,913,144 (July 2004 est.)
Capital: Canberra
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Tabular Data - The Australian 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.)
Household Income or Consumption by Percentage : lowest 10%: 2%
highest 10%: 25.4% (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.)
Budget : revenues: $185 billion
expenditures: $181 billion, including capital expenditures of NA (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%
nuclear: 0%
other: 0.9% (2001)
Electricity - Consumption : 184.4 billion kWh (2001)
Agriculture - Products : wheat, barley, sugarcane, fruits; cattle, sheep, poultry
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.)
Debt - External : $233.5 billion (2003 est.)
Economic Aid - Donor : ODA, $894 million (FY99/00)
Currency : Australian dollar (AUD)
Currency Code : AUD
Exchange Rates : Australian dollars per US dollar - 1.5419 (2003), 1.8406 (2002), 1.9334 (2001), 1.7248 (2000), 1.55 (1999)
Fiscal Year : 1 July - 30 June

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Data Source: Central Intelligence Agency 2004 World Factbook