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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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2.4 Banknotes

19 Oct 2023 RBA Annual Report – October 2023
Banknotes | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/banknotes.html

5.5 Abbreviations

19 Oct 2023 RBA Annual Report – 2023
G20. Group of Twenty. G-SIB. global systemically important bank. GDP. gross domestic product.
https://www.rba.gov.au/publications/annual-reports/rba/2023/abbreviations.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

Banknotes

21 Oct 2021 RBA Annual Report – 2021
As a per cent of nominal GDP, the value of currency in circulation reached a historical high of 4.8 per cent during the year.
https://www.rba.gov.au/publications/annual-reports/rba/2021/banknotes.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

2.1 Annual Performance Statement for 2022/23

19 Oct 2023 RBA Annual Report – October 2023
Annual Performance Statement for 2022/23 | Reserve Bank of Australia Annual Report – October 2023
https://www.rba.gov.au/publications/annual-reports/rba/2023/annual-performance-statement.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

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

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

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