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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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7 Dec 2015 Statistics
Revisions to GDP data can also affect all those series shown as '93Per cent to GDP'94 (even though the underlying data in the numerator may not have changed).

Developments in the Mining and Non-mining Economies

14 May 2012 Speech
Philip Lowe
Address by Philip Lowe to the ADC Future Summit, Melbourne

The Australian Financial System

6 Apr 2023 FSR – April 2023
The Australian Financial System | Financial Stability Review – April 2023

Forecast table – February 2023

10 Feb 2023 SMP
7.8. 6.4. 4.0. Major trading partner (export-weighted) GDP. 2.3. 4.1. 3.9.

Statement by Philip Lowe, Governor: Monetary Policy Decision

7 Mar 2023 Media Releases
At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.60 per cent.

Internationalisation and the Macroeconomy | Conference – 1994

11 Jul 1994 Conferences
David Gruen and Geoffrey Shuetrim
Base case (no foreign measure). 0.32. 0.31. OECD GDP. 0.32. 0.02. ... Table 2: Australian GDP Growth Regressions (1980:1 to 1993:4). (a). OECD.

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.


6 Oct 2022 Bulletin
Insights into the economy and financial system from teams throughout the Reserve Bank of Australia

International Business Cycle Co-movements through Time | Conference – 2005

11 Jul 2005 Conferences
Dan Andrews and Marion Kohler
FDI openness has risen overall, suggesting that bilateral FDI has grown at a faster pace than GDP. ... Quarterly real GDP data for Australia come from the Australian Bureau of Statistics (ABS), Cat No.

Economic Outlook

10 Feb 2019 SMP – February 2019
importers. GDP growth over the year to the September quarter was weaker than previously anticipated. ... Further out, employment growth has been revised down marginally, consistent with the downward revision to GDP growth.