Australia: Real GDP: SA: QoQ

Macro

2026-09-02

Description

Australia Real Gross Domestic Product (GDP) is released by the Australian Bureau of Statistics (ABS). This indicator measures the value of all goods and services produced within Australia, adjusted for inflation, on a quarterly basis. It is a key indicator for assessing the overall economic performance and growth of the country. A positive quarter-on-quarter growth rate indicates economic expansion, while a negative rate indicates contraction. Generally, a growth rate above 0.5% is considered good, while a rate below 0% is considered poor.

Real GDP is derived by adjusting Nominal GDP for inflation using the GDP deflator. It includes the sum of consumption, investment, government spending, and net exports (exports minus imports). The data is seasonally adjusted to remove the effect of seasonal patterns.

The data is released quarterly, approximately 65 days after the end of each quarter.

Published by
Australian Bureau of Statistics (Choice)
Frequency
Quarterly
Next Update

AI Data Insight

Australia's real GDP growth rate for the second quarter of 2026 reached 0.4% quarter-on-quarter, slightly accelerating from the previous 0.3% and beating the market consensus of 0.3%. Although inflation and high interest rates have made consumer attitudes conservative, the electric vehicle boom and net export performance helped the economy narrowly avoid a per capita recession. In the short term, the Reserve Bank of Australia is expected to maintain tight monetary policy to combat sticky inflation.

AI Data Insight

Australia's real GDP growth rate for the second quarter of 2026 reached 0.4% quarter-on-quarter, slightly accelerating from the previous 0.3% and beating the market consensus of 0.3%. Although inflation and high interest rates have made consumer attitudes conservative, the electric vehicle boom and net export performance helped the economy narrowly avoid a per capita recession. In the short term, the Reserve Bank of Australia is expected to maintain tight monetary policy to combat sticky inflation.

Description

Australia Real Gross Domestic Product (GDP) is released by the Australian Bureau of Statistics (ABS). This indicator measures the value of all goods and services produced within Australia, adjusted for inflation, on a quarterly basis. It is a key indicator for assessing the overall economic performance and growth of the country. A positive quarter-on-quarter growth rate indicates economic expansion, while a negative rate indicates contraction. Generally, a growth rate above 0.5% is considered good, while a rate below 0% is considered poor.

Real GDP is derived by adjusting Nominal GDP for inflation using the GDP deflator. It includes the sum of consumption, investment, government spending, and net exports (exports minus imports). The data is seasonally adjusted to remove the effect of seasonal patterns.

The data is released quarterly, approximately 65 days after the end of each quarter.

Published by
Australian Bureau of Statistics (Choice)
Frequency
Quarterly
Next Update