Economy
Economic information
Gross Domestic Product (GDP) per capita / 67 256 (US$ per capita)
Real GDP growth / 3.70 (% change year over year [yoy])
Inflation / 2.20 (% change yoy)
/ Public expenditure on health / 6.10 (% of GDP)
Education expenditure / 5.60 (% of GDP)
Unemployment rate / 5.20 (% of total labour force)
Major imports
Major Australian imports:
Crude petroleum / 20 186 000 000 (A$)
Passenger motor vehicles / 17 330 000 000 (A$)
Refined petroleum / 16 868 000 000 (A$)
Telecom equipment and parts / 8 916 000 000 (A$)
Australia’s major import sources:
China (1st) / 18.80%
United States (2nd) / 11.80%
Japan (3rd) / 7.70%
Major exports
Major Australian exports:
Iron ores and concentrates / 57 201 000 000 (A$)
Coal / 38 637 000 000 (A$)
Gold / 15 287 000 000 (A$)
Natural gas / 14 314 000 000 (A$)
Australia’s major export sources:
China (1st) / 31.60%
Japan (2nd) / 18.80%
Republic of Korea (3rd) / 7.70%
Australia
Economy / Queensland Curriculum & Assessment Authority
July 2014
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Credits
The G20 interactive map and resources were developed using information from the following sources (using the most recent data available at the time of publication):
· Department of Foreign Affairs and Trade (DFAT) 2013, country fact sheets, www.dfat.gov.au.
· The Organisation for Economic Co-operation and Development (OECD) 2014, statistics, www.oecd.org.
· The World Bank 2014, data by country, http://data.worldbank.org/country.
· Central Intelligence Agency (CIA) 2014, World Fact Book, https://www.cia.gov/library/publications/the-world-factbook.
AustraliaEconomy / Queensland Curriculum & Assessment Authority
July 2014
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