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Australia AUS Expense (%GC.XPN.TO 25.71765 25.61949 25.56864 24.91601 24.46356 24.33238
Australia AUS GDP (curreNY.GDP.MK4.67E+11 6.14E+11 6.95E+11 7.48E+11 8.54E+11 1.06E+12
Australia AUS GDP deflato
NY.GDP.DE 61.55058 63.54301 65.97312 69.34921 72.80397 76.16515
Australia AUS GDP growthNY.GDP.MK3.111398 4.216633 3.153753 2.740636 3.777917 3.56827
Australia AUS GDP per caNY.GDP.PC 23705.91 30819.99 34460.54 36570.76 41023.75 49681.22
Australia AUS GDP per cap
NY.GDP.PC 30106.29 31746.53 33018.16 34822.98 36628.97 37517.85
varies by country
Aggregation method
Weighted average
Gap-filled total
Weighted average
Weighted average
Weighted average
Statistical concept and methodology
Government finance statistics are reported in local currency. Many countries report government finance data by fiscal year; se
Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross ou
Inflation is measured by the rate of increase in a price index, but actual price change can be negative. The index used depends
Growth rates of GDP and its components are calculated using the least squares method and constant price data in the local cu
For more information
information,on
seeunderlying
the metadata for current
population, U.S.refer
please dollar
toGDP (NY.GDP.MKTP.CD)
the metadata and total population
for "total population” (SP.POP.TOTL).
[SP.POP.TOTL].
For the concept and methodology of PPP, please refer to the International Comparison Program (ICP)’s website (https://www.
Development relevance
currency. Many countries report government finance data by fiscal year; see country metadata for information on fiscal year end by count
of value added by all its producers. Value added is the value of the gross out
ce index, but actual price change can be negative. The index used depends on the prices being examined. The GDP deflator reflects price
An economy's growth is measured by the change in the volume of
ease refer toGDP
t U.S. dollar (NY.GDP.MKTP.CD)
the metadata and total population
for "total population” (SP.POP.TOTL).
[SP.POP.TOTL].
fer to the International Comparison Program (ICP)’s website (https://www.worldbank.org/en/programs/icp).
Limitations and exceptions
Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the O
Among the difficulties faced by compilers of national accounts is the extent of unreported economic activity in the informal or
ed depends on the prices being examined. The GDP deflator reflects price
To obtain comparable series of constant price data for computing aggregates, the World Bank rescales GDP and value added b
.
ttps://www.worldbank.org/en/programs/icp).
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