United nations hri

Table 27 GDP, chain volume measures (a)

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Table 28
Gross National Income

Table 27

GDP, chain volume measures (a)

	GDP $m	GDP per person $
1977-78	353 798	24 775
1978-79	369 039	25 563
1979-80	380 583	26 064
1980-81	393 281	26 555
1981-82	405 718	26 949
1982-83	395 860	25 888
1983-84	414 593	26 774
1984-85	436 669	27 845
1985-86	455 982	28 676
1986-87	466 368	28 896
1987-88	491 671	29 982
1988-89	511 388	30 648
1989-90	531 505	31 378
1990-91	528 344	30 759
1991-92	528 930	30 407
1992-93	548 718	31 199
1993-94	571 385	32 166
1994-95	596 953	33 241
1995-96	621 543	34 166
1996-97	645 999	35 071
1997-98	674 932	36 259
1998-99	709 866	37 722
1999-00	738 123	38 764
2000-01	752 434	39 024
2001-02	780 817	39 982
2002-03	806 161	40 804
2003-04	838 251	41 946
2004-05	859 192	42 511

Source: Australian National Accounts, March quarter 2006
(5206.0).

(a) Reference year is 2003-04.

98. Compared with many developed economies, Australia has experienced relatively strong growth over the past 10 years. With an average annual growth rate of 3.6 per cent for “real” GDP from 1995 to 2005, it is higher than any of the “G7” countries.

Table 28

GDP expenditure account, current prices - annual intervals

	1999-00	2000-01	2001-02	2002-03	2003-04	2004-05
	$m	$m	$m	$m	$m	$m
Final consumption expenditure
General government	117 462	125 264	132 301	141 564	150 329	162 888
Households	380 128	411 022	434 552	462 093	493 287	522 815
Total	497 589	536 286	566 853	603 657	643 616	685 703
Gross fixed capital formation
Private	135 321	126 443	141 152	165 081	181 019	195 055
Public	24 768	25 031	27 679	28 708	30 704	33 590
Total	160 089	151 474	168 831	193 788	211 722	228 646
Changes in inventories	1 522	818	-102	2 829	5 944	2 726
Gross national expenditure	659 200	688 578	735 582	800 274	861 282	917 075
Exports of goods and services	126 863	154 669	154 778	149 691	144 676	164 390
less Imports of goods and services	140 912	153 910	154 580	167 170	167 706	188 881
Statistical discrepancy (expenditure-based)	-	-	-	-	-	1 119
Gross domestic product	645 153	689 340	735 783	782 798	838 251	893 704
Compensation of employees	319 085	339 301	356 097	377 268	398 662	425 934
Gross operating surplus	196 820	210 199	225 841	242 162	263 623	287 240
Gross mixed income	57 904	59 088	69 645	70 698	76 849	77 544
Total factor income	573 809	608 588	651 583	690 128	739 134	790 718
Taxes less subsidies on production and imports	71 344	80 750	84 204	92 671	99 117	103 280

Source: Australian National Accounts, March quarter 2006 (5206.0).

Gross National Income

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