Population in Australia

Australia Population | Economic News & Forecasts

Australia - Population

The Australian economy seems to have recovered in Q4 from Q3’s shock contraction, a trend which is likely to have carried over into Q1 2017. Retail sales were up over the course of Q4, as were exports, which benefited from improving commodity prices. Consumer and business confidence continued to improve at the outset of 2017, which could have positive knock-on effects on consumer spending and business investment. However, January labor market data showed continued strong growth in part-time employment, which together with soft wage growth could temper any benefit to retail sales from improving consumer confidence. Overall, the Australian economy seems to be on a relatively solid footing at the start of the year, despite weaknesses in non-mining business investment, as highlighted by the IMF in its most recent Article IV.

Australia - Population Data

2012  2013  2014  2015  2016  
Population (million)21.9  22.2  22.5  22.9  23.3  

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Australia Facts

Bond Yield2.58-0.96 %Apr 06
Exchange Rate0.75-0.50 %Apr 06
Stock Market5,897-0.31 %Apr 06

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