Australia 2017
Detailed economic analysis and indicators for 2017
Key Economic Indicators (2017)
GDP (Current USD)
$1.33 trillion
↑ 9.84% vs 2016GDP per Capita
$53,901.71
↑ 8.05% vs 2016GDP Growth (Annual %)
2.28%
↓ 0.48pp vs 2016Inflation Rate (CPI %)
1.95%
↑ 0.67pp vs 2016Year-over-Year Comparison
| Indicator | 2016 | 2017 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.21 trillion | $1.33 trillion | +9.84% |
| GDP per Capita | $49,888.04 | $53,901.71 | +8.05% |
| GDP Growth (Annual %) | 2.76% | 2.28% | -0.48pp |
| Inflation (CPI %) | 1.28% | 1.95% | +0.67pp |
| Unemployment Rate (%) | 5.71% | 5.59% | -0.12pp |
All Economic Indicators (2017)
National Accounts
- GDP (Current USD)
- $1.33 trillion
- GDP per Capita
- $53,901.71
- GDP Growth (Annual %)
- 2.28%
- Gross National Income
- $1.29 trillion
Prices & Employment
- Inflation (CPI %)
- 1.95%
- Inflation (GDP Deflator %)
- 3.65%
- Unemployment Rate (%)
- 5.59%
- Interest Rate (Real %)
- 1.54%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -3.00%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2017, Australia's Gross Domestic Product (GDP) is $1.33 trillion. This represents the total value of goods and services produced in the country.
The GDP per capita in Australia for 2017 is $53,901.71. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Australia for 2017 is 1.95%. This measures the annual percentage change in the cost of consumer goods and services.
Australia's annual GDP growth rate for 2017 is 2.28%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Australia for 2017 is 5.59%. This represents the percentage of the labor force that is unemployed and actively seeking employment.