 |
 |
 |
Fundaments of Australian Dollar - AUD
|
Location
Area
Major Stock Exchanges
Central Bank |
||
|
||
| Australian Economic Data | ||
POPULATION (2008) AUSTRALIAN DOLLAR CENTRAL BANK RATE INFLATION RATE REAL GDP UNEMPLOYMENT RATE BALANCE OF TRADE AUSTRALIAN STOCK EXCHANGE Click here for Current and Historical Data ECONOMIC NEWS ECONOMIC CALENDAR |
||
| Economy | ||
Australia has an enviable, strong economy with a per capita GDP on par with the four dominant West European economies. Robust business and consumer confidence and high export prices for raw materials and agricultural products are fueling the economy, particularly in mining states. Australia's emphasis on reforms, low inflation, a housing market boom, and growing ties with China have been key factors behind the economy's 16 solid years of expansion. Drought, robust import demand, and a strong currency have pushed the trade deficit up in recent years, while infrastructure bottlenecks and a tight labor market are constraining growth in export volumes and stoking inflation. Australia's budget has been in surplus since 2002 due to strong revenue growth.
Agriculture Products Barley, Wheat, Sugarcane, Fruits, Sheep, Cattle, Poultry.
Industries Industrial and transportation equipment, mining, steel, chemicals, food processing.
Exports Commodities Iron Ore, Coal, Gold, Wool, Meat, Alumina, Wheat, Machinery and Transport Equipment Exports Partners US 6.2%, India 5.5%, Japan 19.6%, China 12.3%, South Korea 7.5%, NZ 5.5%, UK 5% (2006)
Imports Commodities Transport and machinery equipment, office and computers machines, telecommunication equipment and parts; crude oil and petroleum products. Imports Partners US 14.1%, China 14.4%, Japan 9.6%, Singapore 6%, Germany 5.1% (2006) |
||
| Back | ||
|
||
| A M B K J ForexMetrics.com |
