Australia Growth Rate 2024. Annual percentage growth rate of gdp at market prices based on constant local currency. The public sector rose 4.3% over the 12 months to the december quarter 2023, tracking slightly above the private sector (4.2%) for the first time since december quarter 2020.
A set of graphs on australian growth from the chart pack. Australia is not alone in facing pressure on growth.
Demand For Labour Is Expected To Hold Up Well In 2024, With Wages Growing Faster Than Inflation And Fewer Organisations Planning.
The public sector rose 4.3% over the 12 months to the december quarter 2023, tracking slightly above the private sector (4.2%) for the first time since december quarter 2020.
2024 Projected Consumer Prices (% Change):
The labour market is very tight;
Australia’s 1.5% Annual Gdp Growth Compared Favourably With Many Other Rich Nations.
Images References :
Annual Percentage Growth Rate Of Gdp At Market Prices Based On Constant Local Currency.
World bank national accounts data, and oecd national accounts data files.
Gdp Growth Is Expected To Have Been 2¾ Per Cent Over 2022 And To Be 1½ Per Cent Over Both 2023 And 2024.