A$4635338476302
$463+ billion
    • Interest per Year
    • Interest per Second
    • Population
    • Debt per Citizen
    • GDP
    • Debt as % of GDP
    • $15.1 billion
    • $473
    • 23.8 million
    • $19,164
    • $1.3 trillion
    • 28.3%

Australia Economy Statistics

    • GDP per capita
    • Inflation
    • GDP growth
    • Unemployment
    • Average Salary
    • $56,327
    • 1.5 %
    • 2.3%
    • 5.6%
    • $880 a week

Australia’s Private Debt is $2.6 trillion

    • Household Debt
    • Business Debt
    • Mortgage Debt
    • Personal Debt
    • Credit Card Debt
    • $1.7 trillion
    • $850 billion
    • $1.57 trillion
    • $145 billion
    • $48.7 billion

Australia’s Economy Facts

  • The Australian economy has not been in a recession for the past 25 years
  • Australia’s credit rating is excellent: AAA from all three major ratings agencies
  • Australia’s economy is the world’s 12th-ranked
  • Mining boom is not dead, it stills contributes towards annual growth twice as much as finance & insurance sector
  • In 2013 & 2014 Australians were the world’s richest – every person was worth an average of $A258,000 – mostly thanks to the overpriced properties
  • Current cash rate is 1.5%

Top 5 Australia’s Export Partners

  1. China: 36.7%
  2. Japan: 18%
  3. Republic of Korea: 7.7%
  4. USA: 3.9%
  5. India: 3.1%

Top 5 Australia’s Import Partners

  1. China: 19.9%
  2. USA: 11.1%
  3. Japan: 7.3%
  4. Singapore: 5.2%
  5. Germany: 4.9%

Check out our short video

Sources:
1, 2, 3, 4, 56, 7, 8

Reader Interactions

Comments

  1. what a great country we have/had .
    WE have Malcolm the Magnificent running it and with his cohort, Lady Bountiful tripping around the world giving away millions of borrowed money,helping the clock look like a rev counter on a rally car.

    And what do we have here in Australia ,600.000 children unable to have a proper schooling ,because the parents are unable to pay even for a simple trip or school uniform,BUT there is Lady Bountiful giveing a million or two to some mob in Singapore for modern Islamic dress, or to another million or 20 in the Philippines to stop Radical Islam from removing our heads,whilst here Farmers are in drought and debt trying to keep the farms going to feed Australians .
    The lot on the other side of the Politics are even worse should they get into the Lodge, recall their last fiasco when in power,YEP silly us are still paying that off .

    Just import a few thousand more unproductive Immigrants that live on the dole for umpteen years ,BUT do not allow SA farmers who would be working their rear ends off .
    As i said great country disapearing down the plug hole ,who was it OH Keating who said we should be or are a 3rd world country ,I will give you the recession you do not need ,another union drop kick who had never done more than a few month work in the workforce before getting the flick, an expert as they all are.
    definition of expert
    a drip under pressure

    bring back Tony and Peter and get the books in the black before we surpass many 3rd world countries for debt

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