Search: GDP
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.
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The Australian Economy
24 Jul 2023
RBA Annual Report
– 1975
Reserve Bank of Australia Annual Report – 1975 The Australian Economy. The Australian balance of payments swung from a substantial deficit in the early months of 1974/75 to a surplus over the last few months of the year. Imports fell sharply
https://www.rba.gov.au/publications/annual-reports/rba/1975/australian-economy.html
Economic Activity in Australia
26 Jun 2023
RBA Annual Report
– 1976
implied deflator for GDP may have increased by about 14 per cent, compared with 17.5 per cent in the previous year. ... 15 Selected Ratios to GDP. (SEASONALLY ADJUSTED). With employment changing little during 1975/6, total wage incomes grew at about the
https://www.rba.gov.au/publications/annual-reports/rba/1976/economic-activity-in-australia.html
Financial Developments in Australia
26 Jun 2023
RBA Annual Report
– 1976
30 per cent of GDP in 1975/6.
https://www.rba.gov.au/publications/annual-reports/rba/1976/fin-dev-australia.html
The World Economy and the Australian Balance of Payments
22 Jun 2023
RBA Annual Report
– 1977
slow. In contrast, the current account deficit (a trade surplus being more than offset by a deficit on invisible transactions) was, relative to GDP, not as large as in many previous
https://www.rba.gov.au/publications/annual-reports/rba/1977/world-economy-and-the-aus-balance-of-payments.html
Economic Developments
9 Mar 2023
RBA Annual Report
– 1988
the deficit of the states and local authorities was little changed as a ratio to GDP. ... Gross external debt rose by an estimated $10 billion in 1987/88 to total $115 billion (39 per cent of GDP) in June 1988.
https://www.rba.gov.au/publications/annual-reports/rba/1988/eco-developments.html
Monetary Management in 1987/88
9 Mar 2023
RBA Annual Report
– 1988
The public sector borrowing requirement was projected to fall by around one per cent of GDP. ... The current account deficit was smaller both in absolute terms and as a proportion of GDP.
https://www.rba.gov.au/publications/annual-reports/rba/1988/monetary-management.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
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
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
Banknotes
27 Oct 2022
RBA Annual Report
– October 2022
The value of banknotes in circulation reached $102.3 billion at the end of June 2022, equivalent to around 4 per cent of nominal GDP.
https://www.rba.gov.au/publications/annual-reports/rba/2022/banknotes.html