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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.

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Outlook

7 May 2024 SMP – May 2024
Outlook | Statement on Monetary Policy – May 2024
https://www.rba.gov.au/publications/smp/2024/may/outlook.html

Economic Outlook

10 Aug 2018 SMP – August 2018
GDP growth in Australia is expected to be above trend over the forecast period. ... Year-average. 2017/18. 2018. 2018/19. 2019. 2019/20. 2020. GDP growth. 2. 3.
https://www.rba.gov.au/publications/smp/2018/aug/economic-outlook.html

Economic Outlook

10 May 2018 SMP – May 2018
Jun 2020. GDP growth. 2.4. 2. 3. 3. 3. 3. Unemployment rate. ... 2. Year-average. 2017. 2017/18. 2018. 2018/19. 2019. 2019/20. GDP growth. 2.3.
https://www.rba.gov.au/publications/smp/2018/may/economic-outlook.html

List of tables

10 Aug 2011 SMP – August 2011
Table 6.1: Output Growth and Inflation Forecasts. Boxes. Table 1.1: World GDP Growth. ... 3. 4. 3. 3. 3. Non-farm GDP growth. 2.2. 1. 3.
https://www.rba.gov.au/publications/smp/2011/aug/tables.html

List of tables

10 May 2007 SMP – May 2007
1.4. 3.5. Farm GDP. 11.5. 11.2. 22.8. Memo item:. Real GDP adjusted for. ... changes in the terms of trade. 0.8. 1.4. 4.2. (a) Contributions to GDP growth.
https://www.rba.gov.au/publications/smp/2007/may/tables.html

Economic Outlook

27 Nov 2018 SMP – November 2018
GDP growth over the year to the June quarter was stronger than previously anticipated. ... 2019/20. 2020. GDP growth. 2.8. 3. 3. 3. 3. 3. (previous).
https://www.rba.gov.au/publications/smp/2018/nov/economic-outlook.html

Economic Conditions

6 Feb 2024 SMP – February 2024
Economic Conditions | Statement on Monetary Policy – February 2024
https://www.rba.gov.au/publications/smp/2024/feb/economic-conditions.html

Statement on Monetary Policy

10 Aug 2003 Bulletin – August 2003
0.3. 0.8. 1.5. – Imports. 1.6. 2.2. 3.2. GDP. 0.4. 0.6. ... Europe. Overall, China's trade surplus has averaged around 2 per cent of GDP over recent years.
https://www.rba.gov.au/publications/bulletin/2003/aug/1.html

The International Environment

4 Nov 2022 SMP – November 2022
Tighter monetary policy is expected to contribute to very weak GDP growth in the United States over coming quarters. ... In addition, the UK Government recently announced permanent tax cuts worth per cent of GDP, starting from April 2023.
https://www.rba.gov.au/publications/smp/2022/nov/the-international-environment.html

List of tables

15 May 2017 SMP – May 2017
September quarter 2016. Year to December quarter 2016. GDP. 1.1. 0.5. ... 9.1. 5.1. 15.6. (a) Contribution to GDP growth. (b) RBA estimates.
https://www.rba.gov.au/publications/smp/2017/may/tables.html