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License information was derived automatically
Chart and table of population level and growth rate for the Adelaide, Australia metro area from 1950 to 2025.
The statistic depicts Australia's gross domestic product (GDP) from 1987 to 2024, with projections up until 2030. In 2024, GDP in Australia amounted to about 1.8 trillion US dollars. See global GDP for a global comparison. Australia’s economy and population Australia’s gross domestic product has been growing steadily, and all in all, Australia and its economic key factors show a well-set country. Australia is among the countries with the largest gross domestic product / GDP worldwide, and thus one of the largest economies. It was one of the few countries not severely stricken by the 2008 financial crisis; its unemployment rate, inflation rate and trade balance, for example, were hardly affected at all. In fact, the trade balance of Australia – a country’s exports minus its imports – has been higher than ever since 2010, with a slight dip in 2012. Australia mainly exports wine and agricultural products to countries like China, Japan or South Korea. One of Australia’s largest industries is tourism, which contributes a significant share to its gross domestic product. Almost half of approximately 23 million Australian residents are employed nowadays, life expectancy is increasing, and the fertility rate (the number of children born per woman) has been quite stable. A look at the distribution of the world population by continent shows that Australia is ranked last in terms of population and population density. Most of Australia's population lives at the coast in metropolitan areas, since parts of the continent are uninhabitable. Unsurprisingly, Australia is known as a country with very high living standards, four of its biggest cities – Melbourne, Adelaide, Sydney and Perth – are among the most livable cities worldwide.
Australia's café and restaurant scene continues to thrive, with New South Wales leading the way with over 19,225 establishments in operation at the end of the 2024 financial year. The second-leading state in terms of the number of cafés and restaurants was Victoria. As Australia's two largest states in terms of population, the concentration of food service establishments in New South Wales and Victoria mirrors Australia's population distribution, reflecting the urban-centric nature of the country's café and restaurant landscape. Gastronomy: a key economic sector In recent years, the number of cafés and restaurants throughout the country has shown relatively consistent growth, exceeding 55,700 in the 2024 financial year, up from approximately 41,570 in 2017. Australia's cafés, restaurants, and takeaway food services turnover experienced steady annual increases for many years up until the start of the COVID-19 pandemic. Nevertheless, since 2021, the industry's revenue has been on the recovery, hitting a record of over 65 billion Australian dollars in 2024. Additionally, food services represent a key source of gross value added to the tourism industry. An added boost from coffee Coffee plays an important role in the Australian food service sector, with the beverage topping the list of regularly consumed drinks among Australians in a 2024 survey. Several international chains like McCafé operate alongside popular domestic coffee franchises, including The Coffee Club, in the country. Alongside this, the country's annual domestic coffee consumption remains robust, consistently exceeding two million sixty-kilogram bags in recent years, underscoring the enduring nature of Australia's coffee culture. Nonetheless, recent cost-of-living pressures have led to a shift in consumer behavior, with more Australians opting to brew their coffee at home.
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Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Chart and table of population level and growth rate for the Adelaide, Australia metro area from 1950 to 2025.