Search

Investors
Australia offers a wealth
of opportunities

utility-emailutility-printContact usChange to standard fontChange to large font

Investor UpdatesClick to subscribe to this Investor Updates RSS feed

Data Alert: Australian economy expands at a solid pace

28 June 2013

The Australian economy continues to expand despite uncertain conditions offshore and significant transitions on the domestic front.

The latest Australian Government data showed the national economy rose 0.6 per cent in the quarter to March and 3.1 per cent over the year to March.

Australia has recorded annual average real gross domestic product (GDP) growth of 3.3 per cent from 1992 to 2013, highlighting the resilience of the nation’s economy.

The International Monetary Fund (IMF), in its April 2013 World Economic Outlook, has forecast annual average GDP growth for Australia of 3.1 per cent between 2013 and 2018. The IMF outlook for Australia is the highest among major advanced economies.

Download the Data Alert: The Australian economy continues to expand at a solid pace (PDF)

More information

Site Information

Austrade makes no warranty, express or implied as to the fitness for a particular purpose, or assumes any legal liability for the accuracy or usefulness of any information contained in this document. Any consequential loss or damage suffered as a result of reliance on this information is the sole responsibility of the user.