X

Gross Domestic Product (YoY)

The Australian Bureau of Statistics (ABS) releases the Gross Domestic Product (GDP) on a quarterly basis. It is published about 65 days after the quarter ends. The indicator is closely watched, as it paints an important picture for the economy. A strong labor market, rising wages and rising private capital expenditure data are critical for the country’s improved economic performance, which in turn impacts the Reserve Bank of Australia’s (RBA) monetary policy decision and the Australian dollar. Actual figures beating estimates is considered AUD bullish, as it could prompt the RBA to tighten its monetary policy.

Most recent - Wednesday 5 March 2025 00:30

Previous
0.8%
Revised
-
Forecast
1.2%
Actual
1.3%

Higher numbers than forecast tend to be bullish for AUD/xxx pairs and bearish for xxx/AUD pairs.

Trading range

Forecast history

The most recent announced value for Gross Domestic Product (YoY) was 1.3% against a forecast of 1.2%.

Past events

Date
Forecast
Actual
Wednesday 5 March 2025 00:30
1.2%
1.3%
Wednesday 4 December 2024 00:30
1.1%
0.8%
Wednesday 4 September 2024 01:30
1%
1%
Wednesday 5 June 2024 01:30
1.2%
1.1%
Wednesday 6 March 2024 00:30
1.4%
1.5%
Wednesday 6 December 2023 00:30
1.8%
2.1%
Wednesday 6 September 2023 01:30
1.7%
2.1%
Wednesday 7 June 2023 01:30
2.4%
2.3%
Wednesday 1 March 2023 00:30
2.7%
2.7%
Wednesday 7 December 2022 00:30
6.3%
5.9%
Wednesday 7 September 2022 01:30
3.5%
3.6%
Wednesday 1 June 2022 01:30
3%
3.3%

Economic context

Recent economic data has been moderately bullish for AUD. Other recent announcements which may affect the market's interpretation of the next Gross Domestic Product (YoY) result:

PreviousLatest
Westpac Consumer ConfidenceBullish change0.1%4%
Building Permits (MoM)Bullish change1.7%6.3%
Exports (MoM)Bullish change1.2%1.3%
Trade Balance (MoM)Bullish change4924M5620M
Imports (MoM)Bearish change5.9%-0.3%
Gross Domestic Product (QoQ)Bullish change0.3%0.6%
AiG Industry IndexBearish change-17.4-17.6
Judo Bank Composite PMIBearish change51.250.6
Judo Bank Services PMIBearish change51.450.8
Retail Sales s.a. (MoM)Bullish change-0.1%0.3%
Private Capital ExpenditureBearish change1.6%-0.2%

About Gross Domestic Product (YoY)

Country:Australia
Currency:AUD
Source:Australian Bureau of Statistics
Category:Economic Activity
Frequency:Quarterly

Related events

Australia
Gross Domestic Product (QoQ)
Canada
Gross Domestic Product Annualized
Switzerland
Gross Domestic Product s.a. (QoQ)
China
Non-Manufacturing PMI
China
Gross Domestic Product (YoY)
China
Gross Domestic Product (QoQ)
China
Industrial Production (YoY)
China
Caixin Services PMI
China
NBS Manufacturing PMI
China
Caixin Manufacturing PMI
Germany
S&P Global/BME Manufacturing PMI
Germany
S&P Global/BME Composite PMI
Germany
S&P Global/BME Services PMI
Eurozone
Gross Domestic Product s.a. (YoY)
Eurozone
Gross Domestic Product s.a. (QoQ)
Eurozone
S&P Global Composite PMI
Eurozone
S&P Global Manufacturing PMI
Eurozone
S&P Global Services PMI
Japan
Gross Domestic Product (QoQ)
Japan
Tankan Large Manufacturing Index
New Zealand
Gross Domestic Product (YoY)
New Zealand
Gross Domestic Product (QoQ)
United Kingdom
S&P Global/CIPS Services PMI
United Kingdom
S&P Global/CIPS Composite PMI
United Kingdom
Gross Domestic Product (YoY)
United Kingdom
Gross Domestic Product (QoQ)
United Kingdom
S&P Global/CIPS Manufacturing PMI
United States
ISM Manufacturing PMI
United States
S&P Global Manufacturing PMI
United States
S&P Global Services PMI
United States
Gross Domestic Product Annualized
United States
ISM Services PMI
Australia
Private Capital Expenditure
Australia
S&P Global Manufacturing PMI
Australia
National Australia Bank's Business Confidence (QoQ)
Australia
S&P Global Services PMI
Australia
S&P Global Composite PMI
Australia
AiG Industry Index
Canada
Bank of Canada Business Outlook Survey
Canada
Gross Domestic Product (MoM)
Canada
Ivey Purchasing Managers Index
Canada
Ivey Purchasing Managers Index s.a
Canada
Gross Domestic Product (QoQ)
Canada
S&P Global Manufacturing PMI
Switzerland
Industrial Production (YoY)
Switzerland
Gross Domestic Product (YoY)
Switzerland
ZEW Survey – Expectations
Germany
ZEW Survey – Economic Sentiment
Germany
IFO – Current Assessment
Germany
Factory Orders n.s.a. (YoY)
Germany
Gross Domestic Product (QoQ)
Germany
IFO – Expectations
Germany
ZEW Survey – Current Situation
Germany
IFO – Business Climate
Germany
Industrial Production n.s.a. w.d.a. (YoY)
Germany
Gross Domestic Product w.d.a (YoY)
Germany
Gross Domestic Product (YoY)
Germany
Factory Orders s.a. (MoM)
Germany
Industrial Production s.a. (MoM)
Eurozone
Sentix Investor Confidence
Eurozone
ZEW Survey – Economic Sentiment
Eurozone
Economic Sentiment Indicator
Eurozone
Industrial Production s.a. (MoM)
Eurozone
Business Climate
Eurozone
Spain
S&P Global Services PMI
Spain
Gross Domestic Product - Estimated (QoQ)
Spain
S&P Global Manufacturing PMI
Spain
Gross Domestic Product (QoQ)
France
S&P Global Manufacturing PMI
France
S&P Global Composite PMI
France
S&P Global Services PMI
India
HSBC Services PMI
India
Gross Domestic Product Quarterly (YoY)
India
HSBC Manufacturing PMI
India
HSBC Composite PMI
Italy
Gross Domestic Product (YoY)
Italy
S&P Global Manufacturing PMI
Italy
Gross Domestic Product (QoQ)
Japan
Tankan Large All Industry Capex
Japan
Tankan Large Manufacturing Outlook
Japan
Gross Domestic Product Annualized
Japan
Gross Domestic Product Deflator (YoY)
South Korea
Gross Domestic Product Growth (QoQ)
New Zealand
Business NZ PMI
New Zealand
Business NZ PSI
New Zealand
NZIER Business Confidence (QoQ)
United Kingdom
Manufacturing Production (MoM)
United Kingdom
Manufacturing Production (YoY)
United Kingdom
Gross Domestic Product (MoM)
United Kingdom
Industrial Production (MoM)
United States
Durable Goods Orders ex Defense
United States
Industrial Production (MoM)
United States
Factory Orders (MoM)
United States
Nondefense Capital Goods Orders ex Aircraft
United States
ISM Services New Orders Index
United States
ISM Manufacturing New Orders Index
United States
Philadelphia Fed Manufacturing Survey
United States
S&P Global Composite PMI
United States
NY Empire State Manufacturing Index
United States
Chicago Purchasing Managers' Index
United States
Durable Goods Orders ex Transportation
United States
Gross Domestic Product Price Index
United States
Durable Goods Orders
 
Continue to site >