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RBA Glossary definition for GDP

GDP – Gross Domestic Product. A key measure of the value of economic production in the economy. GDP is determined in one of three ways: the value of goods and services produced less the cost of production; the sum of incomes generated by production; the sum of final expenditure on goods and services produced plus exports minus imports. An average of the three approaches may be calculated and is also referred to as GDP.

Search Results

1 February 2022 | Minutes of the Monetary Policy Meeting of the Board

15 Feb 2022 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 1 February 2022
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2022/2022-02-01.html

7 June 2011 | Minutes of the Monetary Policy Meeting of the Board

7 Jun 2011 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 7 June 2011
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2011/07062011.html

Banknotes

20 Sep 2018 RBA Annual Report – 2018
As at the end of June 2018, there were 1.6 billion banknotes, worth $76 billion or around 4 per cent of nominal GDP, in circulation. ... The ratio of the value of banknotes in circulation to nominal GDP remains at a historically high level, despite
https://www.rba.gov.au/publications/annual-reports/rba/2018/banknotes.html

Monetary Management in 1988/89

9 Mar 2023 RBA Annual Report – 1989
The external accounts deteriorated sharply in 1988/89. The current account deficit increased to $17 billion, or about 5 per cent of GDP, compared with $12 billion or 4 per cent ... Net external debt was an estimated $110 billion in June 1989; this was
https://www.rba.gov.au/publications/annual-reports/rba/1989/monetary-management.html

Reserve Bank of Australia Annual Report 2023

16 Oct 2023 RBA Annual Report - 2023 PDF 201KB
https://www.rba.gov.au/publications/annual-reports/rba/2023/pdf/abbreviations.pdf

Abbreviations

9 Aug 2023 RBA Annual Report - 2022 PDF 65KB
https://www.rba.gov.au/publications/annual-reports/rba/2022/pdf/abbreviations.pdf

6 June 2023 | Minutes of the Monetary Policy Meeting of the Board

20 Jun 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 6 June 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-06-06.html

4 July 2023 | Minutes of the Monetary Policy Meeting of the Board

18 Jul 2023 Minutes
Minutes of the monetary policy meeting of the Reserve Bank Board for 4 July 2023
https://www.rba.gov.au/monetary-policy/rba-board-minutes/2023/2023-07-04.html

The Year in Review

9 Mar 2023 RBA Annual Report – 1988
However, in line with overseas experience, Australia's GDP growth was well above that forecast at the beginning of the year.
https://www.rba.gov.au/publications/annual-reports/rba/1988/year-review.html

The Year in Review

9 Mar 2023 RBA Annual Report – 1989
Our international indebtedness rose in consequence, resuming the upward trend as a ratio to GDP that it had followed in the years up to 1986.
https://www.rba.gov.au/publications/annual-reports/rba/1989/year-review.html