The AUDUSD decreased 0.0001 or 0.02% to 0.6302 on Wednesday March 26 from 0.6304 in the previous trading session. Australian Dollar - values, historical data, forecasts and news - updated on March of 2025.

Hong Kong Spot Exchange Rate: Period Avg: HK$ per Australian Dollar data was reported at 5.565 HKD/AUD in Oct 2018. This records a decrease from the previous number of 5.641 HKD/AUD for Sep 2018. Hong Kong Spot Exchange Rate: Period Avg: HK$ per Australian Dollar data is updated monthly, averaging 5.894 HKD/AUD from Jan 1975 (Median) to Oct 2018, with 526 observations. The data reached an all-time high of 8.389 HKD/AUD in Jul 2011 and a record low of 3.909 HKD/AUD in Apr 2001. Hong Kong Spot Exchange Rate: Period Avg: HK$ per Australian Dollar data remains active status in CEIC and is reported by Hong Kong Monetary Authority. The data is categorized under Global Database’s Hong Kong SAR – Table HK.M006: Forex and Effective Exchange Rate Index.

Money Supply M0 in Australia increased to 364.95 AUD Billion in January from 352.50 AUD Billion in December of 2024. This dataset provides - Australia Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This dataset provides values for GNI PPP US DOLLAR WB DATA.HTML reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This dataset provides values for TOTAL RESERVES INCLUDES GOLD US DOLLAR WB DATA.133 reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Australia Gross Domestic Product (GDP): Value: 2015 Exchange Rates: USD data was reported at 2,197.536 USD bn in Dec 2025. This records an increase from the previous number of 2,171.223 USD bn for Sep 2025. Australia Gross Domestic Product (GDP): Value: 2015 Exchange Rates: USD data is updated quarterly, averaging 335.250 USD bn from Mar 1960 (Median) to Dec 2025, with 264 observations. The data reached an all-time high of 2,197.536 USD bn in Dec 2025 and a record low of 12.487 USD bn in Mar 1960. Australia Gross Domestic Product (GDP): Value: 2015 Exchange Rates: USD data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Australia – Table AU.OECD.EO: GDP by Expenditure: Forecast: OECD Member: Quarterly. GDP_USD - Gross domestic product, nominal value, constant exchange rates OECD calculation, see OECD Economic Outlook database documentation

Overview This report contains ABARES' latest outlook to 2020-21 for Australia's major agricultural commodities. In addition, this publication includes articles titled: • Farm performance: broadacre and dairy farms, 2013-14 to 2015-16 • Productivity in Australian broadacre and dairy industries • Disaggregating farm performance statistics by size. A limited number of printed copies will be available by contacting info.abares@agriculture.gov.au

Key Issues Commodity outlook
• The gross value of farm production is forecast to increase by 2.7 per cent to around $60.3 billion in 2016-17, following a forecast increase of 9.3 per cent to $58.7 billion in 2015-16. • The gross value of livestock production is forecast to increase by around 1.8 per cent to $30.8 billion in 2016-17, following a forecast increase of 13.3 per cent in 2015-16. The gross value of crop production is forecast to increase by 3.7 per cent to $29.5 billion in 2016-17, after a forecast increase of 5.3 per cent in 2015-16. • In 2020-21, the gross value of farm production is projected to be $58.5 billion (in 2015-16 dollars), 11 per cent higher than the average of $52.6 billion over the five years to 2014-15 in real terms. The gross value of crop production is projected to be $28.0 billion and the gross value of livestock production is projected to reach $30.4 billion (all in 2015-16 dollars). • Export earnings from farm commodities are forecast to be around $45.0 billion in 2016-17, slightly lower than the forecast $45.2 billion in 2015-16. • The agricultural commodities for which export earnings are forecast to rise in 2016-17 are wool (up 7 per cent), dairy products (4 per cent), sugar (7 per cent), live feeder/slaughter cattle (9 per cent), cotton (22 per cent) and canola (13 per cent). • Forecast increases in 2016-17 are expected to be more than offset by expected declines in export earnings for beef and veal (down 4 per cent), wheat (1 per cent), lamb (3 per cent) and mutton (11 per cent). • In 2020-21 the value of farm exports is projected to be around $45.3 billion (in 2015-16 dollars), 11 per cent higher than the average of $40.7 billion over the five years to 2014-15 in real terms. • Export earnings for fisheries products are forecast to stay at around $1.7 billion in 2016-17, after increasing by a forecast 15.6 per cent in 2015-16.

Economic assumptions underlying the commodity outlook
• World economic activity is forecast to increase by 3.2 per cent in 2016 and 3.4 per cent in 2017. World economic growth is expected to rise further to around 3.7 per cent in 2018 and 2019 before falling to 3.5 per cent in 2020 and 2021. • In Australia, economic growth is assumed to average 2.5 per cent in 2015-16, and 2.8 per cent in 2016-17. Toward 2020-21, economic growth is assumed to average around 2.7 per cent. • The Australian dollar is assumed to average around US71 cents in both 2015-16 and 2016-17. It is assumed to gradually appreciate over the medium term, reaching US74 cents towards 2020-21.

Overview
The March edition of Agricultural commodities contains ABARES' latest outlook for Australia's key agricultural commodities to 2021-22. The outlook will be an important focal point at the conference and underpin many presentations delivered by ABARES speakers at the conference. The report provides updated commodity forecasts, as well as articles on the EU sheep meat industry; farm performance of broadacre and dairy farms; productivity in Australia's broadacre and dairy industries; and disaggregating farm performance by size.

Key Issues Commodity forecasts
• The gross value of farm production is forecast to increase by 8.3 per cent to a record $63.8 billion in 2016-17 before easing by 3.9 per cent to a forecast $61.3 billion in 2017-18. Despite the forecast decline, the gross value of farm production in 2017-18 would be 17.3 per cent higher than the average of $52.3 billion over the five years to 2015-16 in nominal terms. • The gross value of livestock production is forecast to increase by around 4.4 per cent to $31.2 billion in 2017-18, following a forecast decrease of 2.6 per cent in 2016-17. If this forecast is realised, the gross value of livestock production in 2017-18 would be around 28 per cent higher than the average of $24.4 billion over the five years to 2015-16 in nominal terms. • The gross value of crop production is forecast to decrease by 11.3 per cent to $30 billion in 2017-18, after a forecast increase of 20.2 per cent in 2016-17. The decrease follows record production of wheat and barley in 2016-17, which resulted from favourable seasonal conditions during winter and spring. If this forecast is realised, the gross value of crop production in 2017-18 would be around 8 per cent higher than the average of $27.9 billion over the five years to 2015-16 in nominal terms. • In 2021-22 the gross value of farm production is projected to be around $59.6 billion (in 2016-17 dollars), 8.6 per cent higher than the average of $54.9 billion over the five years to 2015-16 (also in 2016-17 dollars). In 2021-22 the gross value of crop production is projected to be around $29.0 billion and the gross value of livestock production is projected to be around $30.6 billion (in 2016-17 dollars). • Export earnings from farm commodities are forecast to be around $48.7 billion in 2017-18, higher than the forecast $47.7 billion in 2016-17. • The agricultural commodities for which export earnings are forecast to rise in 2017-18 are beef and veal (up 1 per cent), wool (10 per cent), dairy products (11 per cent), sugar (10 per cent), cotton (35 per cent), wine (5 per cent), lamb (3 per cent), live feeder/slaughter cattle (4 per cent), rock lobster (6 per cent) and mutton (1 per cent). • Forecast increases in 2017-18 are expected to be partly offset by expected declines in export earnings for wheat (down 9 per cent), coarse grains (11 per cent), canola (6 per cent) and chickpeas (42 per cent). • In Australian dollar terms, export prices of wool, dairy products, sugar, wine, lamb, barley, canola, rock lobster and mutton are forecast to increase in 2017-18. Export prices for cotton and chickpeas are forecast to fall. Prices for beef and veal, wheat and live feeder/slaughter cattle are forecast to remain around the same as in 2016-17. • In 2021-22 the value of farm exports is projected to be around $46.6 billion (in 2016-17 dollars), 8 per cent higher than the average of $43.1 billion over the five years to 2015-16 in real terms. • The value of crop exports is projected to be $24.9 billion (in 2016-17 dollars) in 2021-22, 7 per cent higher than the average of $23.2 billion over the five years to 2015-16 in real terms. The value of livestock exports is projected to be $21.8 billion (in 2016-17 dollars) in 2021-22, 10 per cent higher than the average of $19.8 billion over the five years to 2015-16 in real terms. • Export earnings for fisheries products are forecast to increase by 2.3 per cent in 2017-18 to $1.5 billion, after decreasing by a forecast 3.4 per cent in 2016-17.

Economic assumptions underlying this set of commodity forecasts

In preparing this set of agricultural commodity forecasts: • World economic growth is assumed to be 3.3 per cent in 2017 and 3.4 per cent in 2018. Growth is expected to rise further to around 3.5 per cent in 2019 before declining to 3.4 per cent in 2021 and 3.3 per cent in 2022. • Economic growth in Australia is assumed to average 2.8 per cent in 2017-18. Over the medium term to 2021-22, economic growth is assumed to average around 3 per cent. • The Australian dollar is assumed to average US73 cents in 2017-18, slightly lower than the forecast average of US75 cents in 2016-17. It is assumed to appreciate slightly over the medium term, reaching US74 cents towards 2021-22.

Articles on agricultural issues
The EU sheep meat industry
• The European Union is one of the world's largest consumers of sheep meat. Imports are controlled by import quotas and prohibitive out-of-quota tariffs. • Australia is the second largest exporter to the European Union, behind New Zealand, although its allocated quota is just 8 per cent that of New Zealand's. • As a high value market for sheep meat, expanding sheep meat exports to the European Union would benefit the Australian industry. However, until the trade outcomes of Brexit are known, opportunities for Australian sheep meat exporters are uncertain.

Farm performance: broadacre and dairy farms, 2014-15 to 2016-17
• In 2016-17 farm cash income for Australian broadacre farms is projected to average $216,000 a farm, the highest recorded in the past 20 years. • Record broadacre farm cash incomes this year are the result of near record winter grain production in most regions and good prices for beef cattle, sheep, lamb and wool. • Average farm cash income is projected to increase for broadacre farms in all states except Tasmania in 2016-17. • Farm cash income for dairy farms is projected to decline by 17 per cent nationally to an average of $105,000 a farm in 2016-17, reflecting lower average farmgate milk prices and reduced milk production.

Productivity in Australia's broadacre and dairy industries
• From 1977-78 to 2014-15, productivity in the broadacre industries averaged 1.1 per cent a year as a result of declining input use (down 1 per cent a year) and modest output growth (up 0.1 per cent a year). • In the dairy industry, productivity growth averaged 1.5 per cent a year between 1978-79 and 2014-15. This reflected average annual growth of 1.3 per cent in output and an average annual decline of 0.2 per cent in input use.

Disaggregating farm performance by size
• The largest 10 per cent of broadacre farms produced 46 per cent of total output, while the smallest 50 per cent of farms produced 12 per cent of total output. • The average rate of return, including capital appreciation, generated by the largest 10 per cent of broadacre farms was 8.2 per cent, while the smallest 10 per cent generated average returns of -2.8 per cent. • The largest 10 per cent of broadacre farms had the lowest average equity ratio of all farms (79 per cent), while the smallest 10 per cent of farms had the highest average equity ratio (97 per cent).

Overview The report provides updated commodity forecasts as well as articles on the EU beef industry, world biofuel policies and the South American wine industry.

Key Issues Commodity forecasts
• The gross value of farm production is forecast to increase by 6.1 per cent to around $60.2 billion in 2016-17, following an estimated 4.2 per cent increase to $56.7 billion in 2015-16. At this forecast level the gross value of farm production in 2016-17 would be around 16 per cent higher than the average of $52 billion over the five years to 2015-16 in nominal terms. • The gross value of livestock production is forecast to decrease by 2.2 per cent to $28.5 billion in 2016-17, following an estimated 7.7 per cent increase in 2015-16. • The gross value of crop production is forecast to increase by 14.7 per cent to $31.7 billion in 2016-17. This reflects forecast increases in the gross value of horticulture and cotton production. • Export earnings from farm commodities are forecast to increase by 6.7 per cent to $47.5 billion in 2016-17, following an estimated 1.4 per cent increase in 2015-16 to $44.6 billion. • The agricultural commodities for which export earnings are forecast to rise in 2016-17 are wheat (up 25 per cent), wool (3 per cent), sugar (23 per cent), wine (3 per cent), barley (15 per cent), cotton (56 per cent), chickpeas (74 per cent), lamb (4 per cent), canola (33 per cent) and rock lobster (6 per cent). • The forecast increases in export earnings are expected to be partly offset by forecast falls in beef and veal (down 17 per cent), live feeder/slaughter cattle (17 per cent) and mutton (12 per cent). Export earnings for dairy products are expected to remain largely unchanged. • Export earnings for fisheries products are forecast to increase by 3.4 per cent to $1.6 billion in 2016-17, after increasing by an estimated 7.1 per cent in 2015-16.

Economic assumptions underlying this set of commodity forecasts

In preparing this set of agricultural commodity forecasts: • World economic growth is assumed to be 2.9 per cent in 2016 and 3.3 per cent in 2017. • Economic growth in Australia is assumed to average 2.5 per cent in 2016-17. • The Australian dollar is assumed to average US75 cents in 2016-17, slightly higher than the average of US73 cents in 2015-16.

Articles on agricultural issues

The EU beef industry
• The European Union is one of the world's largest consumers and importers of beef. Access to the EU market is controlled by strict animal health requirements and various quotas, which limit the amount of beef that can be imported. • As the European Union is a high value market for beef, improved access for Australia from a free trade agreement would likely lead to increased exports to this market.

Oils ain't oils
• Biofuel policies in some of the world's largest biofuel producing economies have the potential to affect returns to Australian agricultural exports such as canola, sugar and coarse grains. • This article looks at recent developments in the world's leading biofuel producers and consumers (the United States, European Union and Brazil) and discusses the expected impact on world commodity prices in 2016-17 and the high-level implications for agricultural commodities in the medium term. South American wine industry
• South America is a major world producer and exporter of wine, accounting for almost 14 per cent of world production. Wine exports from South America have increased markedly in the past 15 years and its wine increasingly competes in Australia's major and emerging export markets. • This article focuses on the development of the Argentine and Chilean wine industries, with a focus on their competitiveness with Australian wine exports.

The benchmark interest rate in Australia was last recorded at 4.10 percent. This dataset provides - Australia Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

This dataset provides values for GNI PER CAPITA ATLAS METHOD US DOLLAR WB DATA.HTML reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Exchange Rate: RBA: Euro to Australian Dollar data was reported at 0.598 AUD/EUR in Feb 2025. This records a decrease from the previous number of 0.599 AUD/EUR for Jan 2025. Exchange Rate: RBA: Euro to Australian Dollar data is updated monthly, averaging 0.621 AUD/EUR from Jan 1999 (Median) to Feb 2025, with 314 observations. The data reached an all-time high of 0.858 AUD/EUR in Jul 2012 and a record low of 0.492 AUD/EUR in Dec 2008. Exchange Rate: RBA: Euro to Australian Dollar data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.M009: Exchange Rate.

Exchange Rate: RBA: Indonesian Rupiah to Australian Dollar data was reported at 10,300.000 AUD/IDR in Feb 2025. This records an increase from the previous number of 10,149.000 AUD/IDR for Jan 2025. Exchange Rate: RBA: Indonesian Rupiah to Australian Dollar data is updated monthly, averaging 6,627.000 AUD/IDR from Nov 1983 (Median) to Feb 2025, with 496 observations. The data reached an all-time high of 11,240.000 AUD/IDR in Apr 2021 and a record low of 676.000 AUD/IDR in Jul 1986. Exchange Rate: RBA: Indonesian Rupiah to Australian Dollar data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.M009: Exchange Rate.

Overview
The September edition of Agricultural commodities contains ABARES latest outlook for Australia's key agricultural commodities in 2018-19, which updates the outlook released in June 2018.

Key Issues • In 2018-19 the value of farm production is forecast to be relatively unchanged at $60 billion. • Dry conditions are affecting agricultural production in eastern Australia, but strong forecast production in Western Australia, rising grain prices, high livestock prices and a lower Australian dollar are providing support to farm incomes. • Export prices are forecast to increase by around 3% in 2018-19, driven by a decline in the global supply of grains and strong demand for meat products. • Downside risks to Australian agriculture include uncertainty around the duration of the drought in impacted areas, the timing and amount of rain in other regions, and possible disruption to world agricultural markets stemming from protectionist trade measures. Commodity production forecasts
• The value of crop production is forecast to decrease by 3 per cent to $30 billion in 2018-19. ◦ The decline is expected to be driven by a forecast decline in area planted in the eastern states. Drought conditions across eastern Australia restricted planting opportunities for crops, such as barley, canola and wheat. ◦ Higher forecast prices for canola, coarse grains, cotton and wheat are expected to mitigate the impact of lower crop volumes on the value of production. ◦ Wine grape and sugar production are forecast to rise as producing areas have been less affected by drought. The value of sugar production is nevertheless forecast to decline due to weak international prices. ◦ Horticultural production has increased following a warm winter, boosting production of a range of fruits and vegetables

• The value of livestock production is forecast to increase by 2 per cent to $30 billion in 2018-19. ◦ Drought in the eastern states has increased cattle and sheep turn-off, lifting meat production and leading to a forecast reduction in herd size. ◦ Dairy production is forecast to increase, as processors continue to offer relatively high milk prices. However, the production response is likely to be dampened by increasing feed and fodder costs. ◦ Wool production is forecast to be lower, constrained by lower flock numbers and poor grazing conditions.

Commodity export forecasts
• Export earnings for farm commodities are forecast to be $47 billion in 2018-19, down 5 per cent from $49 billion in 2017-18 • The decline in export earnings is largely due to lower exportable supplies of canola, coarse grains, pulses and wheat and increased domestic demand for grain. Agricultural export prices, measured by the index of unit export returns, are forecast to increase by 3% in 2018-19. ◦ Export earnings are forecast to decline in 2018-19 for canola (down 39 per cent), coarse grains (24 per cent), wheat (10 per cent), sugar (9 per cent), wool (2 per cent) and wine (1 per cent). Export earnings for beef and veal and live feeder/slaughter cattle are unchanged.

• Export earnings are forecast to be supported by strong demand from Asia and advanced economies for Australian livestock and livestock products. Higher prices for wheat, coarse grains and cotton are also expected to support earnings. ◦ In 2018-19 export earnings are forecast to rise for lamb (up 17 per cent), rice (14 per cent), mutton (13 per cent), cotton (9 per cent), cheese (6 per cent) and rock lobster (3 per cent).

• Export earnings for fisheries products are forecast to increase by 2 per cent in 2018-19 to $1.6 billion, after increasing by an estimated 10 per cent in 2017-18.

Assumptions underlying this set of commodity forecasts

Forecasts of commodity production and exports are based on global and domestic demand and supply assumptions.

• On the demand side, stronger world economic growth will translate to higher per person incomes in most of Australia's export markets, supporting stronger demand. ◦ World economic growth is assumed to be 3.9 per cent in 2018 and 2019. ◦ Economic growth in Australia is assumed to be 3.0 per cent in 2018-19. ◦ The Australian dollar is assumed to average US74 cents in 2018-19, lower than the assumed average of US78 cents in 2017-18.

• On the supply side, Australian agricultural production prospects are assumed to be below average. ◦ Dry conditions are forecast to have significant implications for crop yields and livestock production cycles in the eastern states.

Uncertainties that could affect agricultural commodity production and export growth include supply shocks in Australia or international markets (such as natural disasters, drought and disease outbreaks) or unexpected economic events that affect trade and economic growth.

Boxes on agricultural issues

Evolving EU biodiesel policies

• Proposed changes to the EU renewable fuels policy could increase demand for Australia's canola exports in the short to medium term. • Since 2010-11 the European Union has been the largest export market for Australian canola. Most canola is imported to produce renewable transport fuel.

Snapshot img

Drilling Data Management Systems Market Size 2025-2029

The drilling data management systems market size is forecast to increase by USD 17.89 billion, at a CAGR of 10.6% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing adoption of big data analytics in the oil and gas industry. With the vast amounts of data generated during drilling operations, drilling data management systems are becoming essential for improving productivity and transparency. This trend is particularly pronounced in regions with high drilling activity, such as North America and the Middle East. However, the market growth is not without challenges. Fluctuations in crude oil prices continue to impact the market, as drilling activities can be scaled back during price downturns. Additionally, the integration of drilling data management systems with other operational systems and data sources can be complex, requiring substantial investment in technology and personnel.
Companies seeking to capitalize on market opportunities and navigate challenges effectively should focus on developing user-friendly solutions that can seamlessly integrate with existing systems and provide real-time data analysis capabilities. By doing so, they can help operators make informed decisions, optimize drilling operations, and reduce costs. Overall, the market presents significant opportunities for growth, particularly as the industry continues to embrace digitalization and data-driven decision-making.

What will be the Size of the Drilling Data Management Systems Market during the forecast period?

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The market in the oil and gas industry is experiencing significant growth due to the increasing importance of asset optimization and well control in maximizing production rates from conventional reservoirs and economically viable shale formations. Advanced drill planning and engineering systems, geoscience systems, and database administration software are integral components of drilling data management systems, enabling real-time data collection, analysis, and reporting for drilling management teams. Multilateral wells and complex drilling operations necessitate strong data management systems to ensure efficient wellbore location tracking and production rate monitoring.
Cybersecurity concerns are also driving demand for advanced data management solutions to protect sensitive drilling data transmitted wirelessly from oil rigs. The market is further driven by the integration of drilling data management systems with engineering and production asset teams, enabling collaborative decision-making and improved drilling performance. Gas hydrates and other geological challenges pose technical complexities that require sophisticated data management systems to ensure safe and efficient drilling operations. Overall, the market is expected to continue its growth trajectory, driven by the need for data-driven drilling strategies and the increasing complexity of drilling operations.

How is this Drilling Data Management Systems Industry segmented?

The drilling data management systems industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Component

  Services
  Software
  Hardware


Application

  Oil and gas
  Energy and power


Geography

  North America

    US
    Canada
    Mexico


  Middle East and Africa

    UAE


  Europe

    Norway
    Russia
    UK


  APAC

    Australia


  South America

    Brazil

By Component Insights

The services segment is estimated to witness significant growth during the forecast period. The market is experiencing significant growth due to the increasing importance of data-handling efficiency in various industries. With the generation of vast data volumes, there is a heightened demand for flexible, scalable, and effective data management solutions. The services segment within this market encompasses activities such as sensor installation, equipment maintenance, consultation, and data analytics, all applied throughout drilling operations. New technologies like vertical drilling and Enhanced Oil Recovery (EOR) are driving investments in this sector, as they decrease drilling time and facilitate the efficient extraction of oil. Additionally, the integration of advanced technologies like Real-time analysis, Predictive analytics, Artificial Intelligence, IoT Sensors, and Cloud Computing, enhances operational efficiency and data transparency.

The market is further driven by the need for data security, particularly in the oil and gas industry, where cybersecurity concerns are increasingly prevalent. The market caters to both conventional and unconventional resources, including crude oil, shale oil, shale gas, and conven

Australia Balance of Payment: USD: Current Account: Residual Item data was reported at 0.000 USD bn in 2026. This stayed constant from the previous number of 0.000 USD bn for 2025. Australia Balance of Payment: USD: Current Account: Residual Item data is updated yearly, averaging -0.000 USD bn from Dec 1960 (Median) to 2026, with 67 observations. The data reached an all-time high of 0.012 USD bn in 2024 and a record low of -0.006 USD bn in 2008. Australia Balance of Payment: USD: Current Account: Residual Item data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Australia – Table AU.OECD.EO: Balance of Payments: Current Account: USD: Forecast: OECD Member: Annual. CBRD-Current account balance, residual item, value in USD CBR measures the discrepancy which may still persist between data (on goods and services, exports and imports) according to the balance of payments and those according to the national accounts, despite the new standard methodology BPM6/SNA2008/ESA2010 requiring full consistency.

Exchange Rate: RBA: Malaysian Ringgit to Australian Dollar data was reported at 2.774 AUD/MYR in Feb 2025. This records an increase from the previous number of 2.757 AUD/MYR for Jan 2025. Exchange Rate: RBA: Malaysian Ringgit to Australian Dollar data is updated monthly, averaging 2.654 AUD/MYR from Nov 1983 (Median) to Feb 2025, with 496 observations. The data reached an all-time high of 3.417 AUD/MYR in Jul 2017 and a record low of 1.569 AUD/MYR in Jul 1986. Exchange Rate: RBA: Malaysian Ringgit to Australian Dollar data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.M009: Exchange Rate.

Australia Gross Domestic Product (GDP): Volume: 2015 Exchange Rates: USD: Double Hit Scenario data was reported at 1,290.000 USD bn in 2021. This records an increase from the previous number of 1,270.000 USD bn for 2020. Australia Gross Domestic Product (GDP): Volume: 2015 Exchange Rates: USD: Double Hit Scenario data is updated yearly, averaging 567.000 USD bn from Dec 1960 (Median) to 2021, with 62 observations. The data reached an all-time high of 1,360.000 USD bn in 2019 and a record low of 189.000 USD bn in 1961. Australia Gross Domestic Product (GDP): Volume: 2015 Exchange Rates: USD: Double Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Australia – Table AU.OECD.EO: GDP by Expenditure: Volume: Forecast: OECD Member: Annual. GDPV_USD-Gross domestic product, US $, volume, constant exchange rates, EO base yearExpenditure approach OECD calculation, see OECD Economic Outlook, Database Inventory OECD Economic Outlook, Database Inventory:https://www.oecd.org/eco/outlook/Database_Inventory.pdf

The Gross Domestic Product (GDP) in Australia was worth 1728.06 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Australia represents 1.64 percent of the world economy. This dataset provides - Australia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Australia Gross Domestic Product (GDP): Volume: 2015 Exchange Rates: USD data was reported at 1,544.034 USD bn in 2025. This records an increase from the previous number of 1,510.380 USD bn for 2024. Australia Gross Domestic Product (GDP): Volume: 2015 Exchange Rates: USD data is updated yearly, averaging 589.786 USD bn from Dec 1960 (Median) to 2025, with 66 observations. The data reached an all-time high of 1,544.034 USD bn in 2025 and a record low of 188.187 USD bn in 1960. Australia Gross Domestic Product (GDP): Volume: 2015 Exchange Rates: USD data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Australia – Table AU.OECD.EO: GDP by Expenditure: Volume: Forecast: OECD Member: Annual. GDPV_USD-Gross domestic product, US $, volume, constant exchange rates, EO base yearExpenditure approach OECD calculation, see OECD Economic Outlook database documentation