Australia: Nominal GDP: QoQ

Macro

2026-09-02

Description

Australia Nominal Gross Domestic Product (GDP) Quarter-on-Quarter (QoQ) Change is released by the Australian Bureau of Statistics (ABS). This indicator measures the quarterly change in the total market value of all final goods and services produced within Australia, not adjusted for inflation. It is used to assess the overall performance and health of the Australian economy. A higher QoQ change suggests a strong and expanding economy, while a lower or negative figure indicates a slowing or contracting economy.

Nominal GDP is calculated by adding up the total market value of all final goods and services produced in Australia during a given quarter, without taking inflation into account. It includes consumption, investment, government spending, and net exports (exports minus imports).

The data is updated quarterly, with results typically released around two months after the end of the quarter being measured.

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

AI Data Insight

Australia's nominal GDP growth rate for the second quarter of 2026 reached 4.1% quarter-on-quarter, successfully shaking off the severe contraction of -6.1% in the first quarter. Coupled with seasonally adjusted real GDP beating market consensus, this indicates that supported by the labor market and household consumption, the economy remains resilient, which may intensify the central bank's inflation control pressures in the short term.

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AI Data Insight

Australia's nominal GDP growth rate for the second quarter of 2026 reached 4.1% quarter-on-quarter, successfully shaking off the severe contraction of -6.1% in the first quarter. Coupled with seasonally adjusted real GDP beating market consensus, this indicates that supported by the labor market and household consumption, the economy remains resilient, which may intensify the central bank's inflation control pressures in the short term.

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Macro
Description

Australia Nominal Gross Domestic Product (GDP) Quarter-on-Quarter (QoQ) Change is released by the Australian Bureau of Statistics (ABS). This indicator measures the quarterly change in the total market value of all final goods and services produced within Australia, not adjusted for inflation. It is used to assess the overall performance and health of the Australian economy. A higher QoQ change suggests a strong and expanding economy, while a lower or negative figure indicates a slowing or contracting economy.

Nominal GDP is calculated by adding up the total market value of all final goods and services produced in Australia during a given quarter, without taking inflation into account. It includes consumption, investment, government spending, and net exports (exports minus imports).

The data is updated quarterly, with results typically released around two months after the end of the quarter being measured.

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