Sydney Australia skyline

Australia Foreign Direct Investment (USD bn)

The economy should have cooled in Q4 2022. Retail sales contracted in sequential terms in the quarter, as spending was restrained by falling consumer sentiment and soaring inflation. That said, an extremely tight labor market should have cushioned the spending squeeze. On the production front, higher interest rates and plunging business sentiment point to weaker investment activity. Moving into the current quarter, available data paints a mixed picture. Business sentiment improved in January, while consumer sentiment remained considerably downbeat in January–February. More positively, China’s decision to no longer recognize online degrees from overseas colleges has translated into rising inflows of Chinese students, which is seemingly supporting services consumption. In other news, in early February, Chinese authorities reiterated their willingness to improve bilateral ties with Australia.

Australia Foreign Direct Investment (USD bn) Data

2017 2018 2019 2020 2021
Foreign Direct Investment (USD bn) 46.1 68.3 39.4 16.7 25.1

Free sample report

Interested in economic reports, analysis and data? FocusEconomics provides data, forecasts and analysis for hundreds of countries and commodities. Request your free sample report now.

Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest