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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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The Outlook for Inflation and Employment

14 Feb 2024 Speech PDF 573KB
Speech - 2024
https://www.rba.gov.au/speeches/2024/pdf/sp-so-2024-02-13.pdf

The Extraordinary Decline in Australia's Net Foreign Liabilities

18 Oct 2023 Speech PDF 781KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-10-18.pdf

The Outlook for the Australian Economy

15 Nov 2023 Speech PDF 564KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-ag-2023-11-13.pdf

Opening Statement to the House ofRepresentatives Standing Committee on Economics

6 Aug 2021 Speech PDF 156KB
The pre-pandemic level of GDP was regained in the March quarter, more than a year earlier than wehad expected in August last year. ... The outbreaks mean that GDP is likely to decline in the September quarter.
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-08-06.pdf

Opening Statement to the House of Representatives Standing Committee on Economics

9 May 2022 Speech PDF 154KB
Weestimate that GDP increased by around 5 per cent over 2021 and are expecting GDP growth ofaround 4 per cent over 2022 and 2 per cent over 2023.
https://www.rba.gov.au/speeches/2022/pdf/sp-gov-2022-02-11.pdf

Talk to Australian Business in Europe - London 4 June 1998

27 Feb 2001 Speech PDF 122KB
2. 4. 6. -4. -2. 0. 2. 4. 6. %%Per cent of GDP. ... 0. 20. 40. 60. 80. 100. 120. 140. Gross External DebtPer cent of GDP. % %.
https://www.rba.gov.au/speeches/1998/pdf/sp-gov-040698.pdf

Opening Statement to the House of Representatives Standing Committee on Economics

5 Feb 2021 Speech PDF 154KB
In Europe, GDP declined again in the December quarter and thegrowth momentum has slowed in the United States. ... GDP is expected to increase by 3 per cent over both thisyear and 2022.
https://www.rba.gov.au/speeches/2021/pdf/sp-gov-2021-02-05.pdf

The Economic Outlook

9 Nov 2022 Speech PDF 738KB
Speech - 2022
https://www.rba.gov.au/speeches/2022/pdf/sp-dg-2022-11-09.pdf

Opening Statement to the House of Representatives Standing Committee on Economics

16 Feb 2023 Speech PDF 236KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-gov-2023-02-17.pdf

The Why, How and What of Forecasting

5 May 2023 Speech PDF 745KB
Speech - 2023
https://www.rba.gov.au/speeches/2023/pdf/sp-so-2023-05-03.pdf