(official exchange rate):
$1.22 trillion (2010 est.)
GDP - real growth rate:
3.3% (2010 est.) country comparison to the world: 106 1.2% (2009 est.)
2.2% (2008 est.)
GDP - per capita (PPP):
$41,300 (2010 est.) country comparison to the world: 17 $40,500 (2009 est.)
$40,500 (2008 est.)
note: data are in 2010 US dollars
GDP - composition by sector:
agriculture: 4%
industry: 24.8%
services: 71.2% (2010 est.)
Labor force:
11.62 million (2010 est.) country comparison to the world: 44
Labor force - by occupation:
agriculture: 3.6%
industry: 21.1%
services: 75% (2009 est.)
Unemployment rate:
5.1% (2010 est.) country comparison to the world: 46 5.6% (2009 est.)
Population below poverty line:
NA%
Household income or consumption by percentage share:
lowest 10%: 2%
highest 10%: 25.4% (1994)
Distribution of family income - Gini index:
30.5 (2006) country comparison to the world: 110 35.2 (1994)
Investment (gross fixed):
27.4% of GDP (2010 est.) country comparison to the world: 30
Public debt:
22.4% of GDP (2010 est.) country comparison to the world: 107 22.1% of GDP (2009 est.)
Inflation rate (consumer prices):
2.9% (2010 est.) country comparison to the world: 88 1.8% (2009 est.)
Central bank discount rate:
4% (31 March 2010) country comparison to the world: 106 4.25% (3 December 2008)
note: this is the Reserve Bank of Australia's "cash rate target," or policy rate
Commercial bank prime lending rate:
6.02% (31 December 2009 est.) country comparison to the world: 105 8.91% (31 December 2008 est.)
Stock of narrow money:
$347.1 billion (31 December 2010 est) country comparison to the world: 13 $290.8 billion (31 December 2009 est)
Stock of broad money:
$1.134 trillion (31 December 2010 est.) country comparison to the world: 15 $976.6 billion (31 December 2009 est.)
Stock of domestic credit:
$1.731 trillion (31 December 2010 est.) country comparison to the world: 13 $1.407 trillion (31 December 2009 est.)
Market value of publicly traded shares:
$1.258 trillion (31 December 2009) country comparison to the world: 13 $675.6 billion (31 December 2008)
$1.298 trillion (31 December 2007)
Agriculture - products:
wheat, barley, sugarcane, fruits; cattle, sheep, poultry
Industries:
mining, industrial and transportation equipment, food processing, chemicals, steel
Industrial production growth rate:
3% (2010 est.) country comparison to the world: 104
Electricity - production:
239.9 billion kWh (2007 est.) country comparison to the world: 17
Electricity - consumption:
222 billion kWh (2007 est.) country comparison to the world: 16
Electricity - exports:
0 kWh (2008 est.)
Electricity - imports:
0 kWh (2008 est.)
Oil - production:
589,200 bbl/day (2009 est.) country comparison to the world: 30
Oil - consumption:
946,300 bbl/day (2009 est.) country comparison to the world: 19
Oil - exports:
311,900 bbl/day (2008 est.) country comparison to the world: 39
Oil - imports:
716,700 bbl/day (2008 est.) country comparison to the world: 19
Oil - proved reserves:
3.318 billion bbl (1 January 2010 est.) country comparison to the world: 29
Natural gas - production:
42.33 billion cu m (2009 est.) country comparison to the world: 19
Natural gas - consumption:
26.59 billion cu m (2009 est.) country comparison to the world: 29
Natural gas - exports:
22.3 billion cu m (2009 est.) country comparison to the world: 10
Natural gas - imports:
6.56 billion cu m (2009 est.) country comparison to the world: 29
Natural gas - proved reserves:
3.115 trillion cu m (1 January 2010 est.) country comparison to the world: 12
Current account balance:
-$35.23 billion (2010 est.) country comparison to the world: 182 -$41.33 billion (2009 est.)
Exports:
$210.7 billion (2010 est.) country
