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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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Macrofinancial Stress Testing on Australian Banks

13 Sep 2023 RDP PDF 1940KB
increase in variance of profits as the GDP shock increases is still a linear function. ... Figure 7: Cumulative Loss Rate. By GDP growth shocks and property price falls.

Remarks at the Launch of the 2007 Australian Financial Markets Report and the Invest Australia Gold Book

19 Sep 2007 Speech
Ric Battellino
Remarks by Ric Battellino at the Launch of the 2007 Australian Financial Markets Report and the Invest Australia Gold Book, Sydney

Forecast table – May 2023

5 May 2023 SMP
5.0. 4.1. 3.7. Major trading partner (export-weighted) GDP. 2.3. 4.3. 4.0.

Historical Forecasts

9 Mar 2023 Statistics
Historical Forecasts. These data tables contain the central estimates of the Bank's historical forecasts for consumer price inflation, underlying inflation, GDP growth and the unemployment rate since 1990.

Declining Output Volatility: What Role for Structural Change? | Conference – 2005

11 Jul 2005 Conferences
Christopher Kent, Kylie Smith and James Holloway
One approach examines changes in the make-up and behaviour of various components of GDP for a given country. ... product markets, and changes in the composition and behaviour of components of GDP.

Appendix A: Data Sources

31 Dec 2001 RDP 2001-04
Luci Ellis
GDP weights are from the IMF World Economic Outlook (IMF 2001), constructed as annual national nominal GDP converted to US$ using OECD PPP exchange rates, then rescaled so that the sum
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Economic Outlook

5 May 2023 SMP – May 2023
Economic Outlook | Statement on Monetary Policy – May 2023


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.

Discussion on Internationalisation and the Macroeconomy | Conference – 1994

11 Jul 1994 Conferences
in the structure of goods and services exports; and second, their discussion of GDP connections. ... component parts of GDP to see which, if any, are the mainstays of the aggregate link.

At a Glance: Financial Stability Review – April 2021

9 Apr 2021 FSR
GDP has almost returned to its pre-pandemic level in Australia, and the recovery continues to be a focus for financial regulators. ... But GDP remains below pre-pandemic levels in some other countries, adding to risks.