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RBA Glossary definition for year-average growth

year-average growth – The rate of change between the year and the previous year, where the year is typically a calendar year or a financial year. For example 'year-average growth 2011/12' means the percentage change between the financial year 2010/11 and the financial year 2011/12. It can also be referred to as 'growth in the year'.

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Economic Outlook

10 Feb 2023 SMP – February 2023
Table 5.1: Output Growth and Inflation Forecasts. (a). Per cent. Year-ended. Dec. 2022. ... 3). (n/a). Year-average. 2022. 2022/23. 2023. 2023/24. 2024. 2024/25. GDP growth.
https://www.rba.gov.au/publications/smp/2023/feb/economic-outlook.html

Economic Outlook

5 May 2023 SMP – May 2023
Economic Outlook | Statement on Monetary Policy – May 2023
https://www.rba.gov.au/publications/smp/2023/may/economic-outlook.html

Economic Outlook

4 Nov 2022 SMP – November 2022
Table 5.1: Output Growth and Inflation Forecasts. (a). Per cent. Year-ended. June. 2022. ... 3). Year-average. 2021/22. 2022. 2022/23. 2023. 2023/24. 2024. GDP growth. 3.9.
https://www.rba.gov.au/publications/smp/2022/nov/economic-outlook.html

The International Environment

5 May 2023 SMP – May 2023
The International Environment | Statement on Monetary Policy – May 2023
https://www.rba.gov.au/publications/smp/2023/may/the-international-environment.html

Glossary

9 Jun 2023
A glossary of terms used on the RBA website
https://www.rba.gov.au/glossary/

Economic Outlook

4 Aug 2023 SMP – August 2023
Economic Outlook | Statement on Monetary Policy – August 2023
https://www.rba.gov.au/publications/smp/2023/aug/economic-outlook.html

Economic Outlook

10 Aug 2018 SMP – August 2018
Year-average. 2017/18. 2018. 2018/19. 2019. 2019/20. 2020. GDP growth. 2. 3. ... Leading indicators of labour demand suggest employment will grow at an above-average pace over the second half of the year, albeit slower than the very strong growth
https://www.rba.gov.au/publications/smp/2018/aug/economic-outlook.html

Banknotes

27 Oct 2022 RBA Annual Report – October 2022
Growth over 2021/22 was 7.2 per cent, marginally higher than its 10-year average, but below the growth rates seen during the pandemic in 2020 and 2021. ... 5.9. 7.4. 7.4. 7.2. 10-year average. (a). 3.7. 3.2. 2.5. 6.7.
https://www.rba.gov.au/publications/annual-reports/rba/2022/banknotes.html

Economic Outlook

27 Nov 2018 SMP – November 2018
Table 5.1: Output Growth and Inflation Forecasts. (a). Per cent. Year-ended. ... 2). (1). (2). (2). (2). (2). Year-average. 2017/18. 2018. 2018/19. 2019.
https://www.rba.gov.au/publications/smp/2018/nov/economic-outlook.html

Economic Outlook

10 Feb 2019 SMP – February 2019
Table 5.1: Output Growth and Inflation Forecasts. (a). Per cent. Year-ended. ... 2 (2). 2 (n/a). Year-average. 2018. 2018/19. 2019. 2019/20. 2020. 2020/21.
https://www.rba.gov.au/publications/smp/2019/feb/economic-outlook.html