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Australia GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at 0.159 % in 2023. This records a decrease from the previous number of 2.442 % for 2022. Australia GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 1.515 % from Dec 1976 (Median) to 2023, with 48 observations. The data reached an all-time high of 6.669 % in 1988 and a record low of -8.225 % in 1983. Australia GDP: Growth: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 10-33. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.
Australia's tourism gross domestic product (GDP) bounced back strong in 2023, recording an increase of 90.8 percent. In 2024, the country's tourism GDP increased by around 9.1 percent. After witnessing a significant decline in tourism GDP in 2020 and 2021, with tourism GDP taking a massive plunge of 36.2 percent in 2021 as a result of the coronavirus outbreak, the industry appears to be on the road to recovery. Economic contribution and employment trends Australia's tourism sector recovery is reflected in its substantial economic contribution in 2024. In the year ending June 2024, Australia's direct tourism GDP rose to approximately 75 billion Australian dollars. New South Wales continued to be a key player in the industry, with its tourism gross value added (GVA) reaching about 20 billion Australian dollars. The state also led in employment, with around 195,000 people directly employed in the tourism sector. These figures underscore the tourism industry's significance in driving economic growth and job creation across the country. International visitors fuel industry recovery The revival of Australia's tourism sector is closely tied to the return of international tourists. In 2024, the country welcomed over 7.3 million international visitor arrivals, a significant increase from the mere 140,000 visitors recorded during the height of pandemic restrictions in 2021. New Zealand residents led the way, with over 1.2 million visitors, followed by tourists from China numbering just below 750,000. This influx of international travelers contributed substantially to the Australian economy in 2024, with total trip expenditure reaching approximately 47.8 billion Australian dollars, surpassing pre-pandemic levels for the first time.
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Australia GDP: Growth: Gross Value Added: Industry data was reported at 2.558 % in 2019. This records a decrease from the previous number of 2.789 % for 2018. Australia GDP: Growth: Gross Value Added: Industry data is updated yearly, averaging 2.325 % from Jun 1976 (Median) to 2019, with 44 observations. The data reached an all-time high of 8.371 % in 1988 and a record low of -4.283 % in 1983. Australia GDP: Growth: Gross Value Added: Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for industrial value added based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average; Note: Data for OECD countries are based on ISIC, revision 4.
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The report covers Australia Digital Marketing Software Companies and the market is segmented by Deployment (On-Premise, Cloud), Type (Email, CRM, Social CRM, Web Analytics, Marketing Automation, E-commerce, Content Management), End-user Industry (Information Technology, Telecom, BFSI, Media & Entertainment, Retail, Manufacturing, Healthcare, Automotive).
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Industry (including construction), value added (annual % growth) in Australia was reported at 0.54455 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Australia - Industry, value added (annual % growth) - actual values, historical data, forecasts and projections were sourced from the World Bank on August of 2025.
The statistic shows the growth rate of Australia’s real GDP from 2020 to 2024, with projections up until 2030. In 2024, GDP in Australia grew by about 1.04 percent on the previous year.The recession-proof land down underGDP is one of the primary indicators used to gauge the state and health of a country’s economy. It is the total market value of all final goods and services that have been produced within a country in a given period of time, usually a year. GDP figures allow us to understand a country’s economy in a clear way. Real GDP, in a similar vein, is also a very useful indicator; this is a measurement that takes prices changes (inflation and deflation) into account, therefore acting as a key indicator for economic growth.The gross domestic product (GDP) growth rate in Australia has, for sometime, been able to get a steady foothold in the somewhat shaky post-recession world, shaky, but far from catastrophic. The annual growth rate between the 2008 and 2009 financial years, for example, a time at which the world was brought to its proverbial knees, saw growth rates down under reach to 2.49 and 1.37 percent respectively on the previous years, whereas the GDP growth rate in the United States plummeted well into the minus zone. Australia, like all other capitalist nations, is at the mercy of international markets, and when the world economy takes a hit, it would be foolish to suggest it could emerge fully unscathed. However, Australia has earned some much deserved praise and attention owing to the fact that it has managed to remain recession-free for the past twenty years. This could be thanks to its abundance of raw materials, the Australian mining boom, the fact the recession came at a time of high commodity prices and, maybe most importantly, that just under a third of its exports go to China.
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The Australia HRI Market is segmented by Type (Consumer Foodservice (Cafes and Bars, Full-service Restaurants, Fast Food, Pizza Consumer Foodservice, Self-service Cafeterias, 100% Home Delivery/Takeaway, and Street Stalls/Kiosks), Hotels, and Institutional), and by Structure (Independent Outlet, and Chained Outlet).
The revenue change in the e-commerce market in Australia was forecast to continuously decrease between 2025 and 2029 by in total *** percentage points. According to this forecast, in 2029, the revenue change will have decreased for the fourth consecutive year to **** percent. Find further information concerning the revenue in the e-commerce market in Czechia and the penetration rate in the e-commerce market in the United Kingdom.The Statista Market Insights cover a broad range of additional markets.
Figures show a forecast of growth in health, education, and professional services in Australia from the first quarter of 2020 to the first quarter of 2025. The forecast shows the health care and social assistance industry will create ******* new employment and the education and training industry ****** new employment by the first quarter of 2025. However, the figures show a projection for agriculture, manufacturing, construction, and mining industries to decline in employment in the same period. The figures forecast a loss of ****** employment for these industries.
While Australia remains one of the most advanced economies in the world, its growth rate has been consistently slowing.
Total value added contribution from the plant-based meat industry in Australia grew by ** percent in the financial year 2020. In the same financial period, the plant-based meat industry employment contribution grew by *** percent.
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Australia Data Center Power Market Report Segments the Industry Into Component (Electrical Solutions, Service), Data Center Type (Hyperscaler/Cloud Service Providers and More), Data Center Size(Small-Sized Data Centers, Medium-Sized Data Centers, and More), and Tier Level (Tier I and II and More). The Market Forecasts are Provided in Terms of Value (USD).
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The Australia Oil and Gas Upstream Industry size was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, exhibiting a CAGR of 2.00 % during the forecasts periods. The upstream sector of the oil and gas industry, also known as exploration and production (E&P), encompasses all activities related to the initial stages of oil and gas extraction. This includes the exploration of potential underground or underwater crude oil and natural gas fields, drilling exploratory wells, and subsequently operating the wells that recover and bring the crude oil or raw natural gas to the surface. The process begins with geological surveys and seismic studies to identify promising locations for drilling. Once potential reserves are identified, exploratory drilling is conducted to confirm the presence and quantity of hydrocarbons. If viable reserves are found, development drilling follows to establish production wells. Upstream activities are crucial as they determine the availability of resources for the entire oil and gas supply chain. This sector is characterized by high investment and technological requirements, as well as significant risks due to the uncertainties involved in exploration. Recent developments include: In September 2021, a partnership between Wood and National Energy Resources Australia (NERA) developed an advanced AI technology known as Augmented Machine Vision Solution (AMVS). This technology is expected to assist in inspecting industrial equipment, especially subsea oil and gas infrastructure. This new innovative solution improves speed and accuracy and reduces human risk. It also has the potential to be executed in various industries to enhance reliability and reduce inspection costs., In August 2021, Chevron, a multinational energy corporation, awarded a contract to Worley, an engineering and construction management services company, on the offshore project in Western Australia, Jansz-lo Compression (J-IC). The project, worth USD 6 billion, will likely implement advanced subsea compression technology to supply natural gas from the Jansz-lo field to domestic gas plants and three LNG trains on Barrow Island. The contract includes design, engineering, and construction management services for the project's communications and power transmission components.. Key drivers for this market are: 4., Modernization and Upgrades of Existing Military Aircraft Fleets4.; Increasing Defense Budgets. Potential restraints include: 4., Shift Toward Unmanned Aircraft. Notable trends are: Offshore Segment to Dominate the Market.
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The Market Research and Statistical Services industry has performed poorly because of mixed demand across years for market research and related services. Industry revenue is anticipated to shrink at an annualised 1.3% over the five years through 2024-25, totalling $3.6 billion, with revenue falling by 1.5% in the current year. The overall revenue decrease can be attributed to mixed growth in prior years because of uncertainty and demand changes in response to the COVID-19 pandemic and ABS funding volatility. Industry revenue displays significant volatility from year to year, mainly because of fluctuations in ABS funding by the Federal Government. As the next census is set to occur in 2026, ABS revenue over the past two years has been constrained. Some companies that previously used industry businesses have been increasingly performing market research and statistical analysis in-house. Many external companies have improved their technology and data collection capabilities, which has made it more cost-effective to perform these activities internally. While the introduction of artificial intelligence has provided cost-cutting opportunities for market research businesses, it has also encouraged clients to bring industry services in-house, reducing demand. Profitability has also waned because of heightened price competition and wage costs increasing as a share of revenue. Ongoing growth in online media and big data presents both challenges and opportunities for market research businesses. Mounting demand for research and statistics relating to new media audience numbers and advertising effectiveness represents a potential opportunity. Even so, market research businesses will face challenges in developing effective measurement systems, and competition from information technology specialists that are developing similar systems will intensify. Despite these challenges, industry revenue is forecast to increase at an annualised 2.0% through 2029-30 to reach $3.9 billion.
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The Australia Foodservice Market report segments the industry into Foodservice Type (Cafes & Bars, Cloud Kitchen, Full Service Restaurants, Quick Service Restaurants), Outlet (Chained Outlets, Independent Outlets), and Location (Leisure, Lodging, Retail, Standalone, Travel). Get five years of historical data alongside five-year market forecasts.
Between March 2024 and March 2025, wages in the professional, scientific, and technical services in Australia grew by around 2.9 percent. The electricity, gas, water and waste services industry had the highest wage growth, with an annual change of 4.4 percent.
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The Australia e-commerce market size was valued at USD 536.0 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 1,568.60 Billion by 2033, exhibiting a CAGR of 12.70% from 2025-2033. The market is driven by the growing reliance on smartphones for purchasing goods, as it allows users to purchase goods anytime and from anywhere, and the integration of artificial intelligence (AI) due to the capability of AI to recommend products as per the browsing history results in a customized shopping experience.
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Recent developments include: April 2023: Subway added the latest item in its subs range, the Bizarre Creme Egg Sandwich, a combination of chocolate creme egg stuffed in Italian bread.January 2023: Zambrero announced its partnership with Cronulla Sharks and SurfAid for 2023.December 2022: KFC Australia teamed up with drone service provider, Wing, to pilot a delivery service of hot and fresh menu items in Australia to provide more convenience to customers.. Key drivers for this market are: Growing Inclination Towards Vegan/Plant-based Protein Sources, Increasing Demand for Functional Protein Beverages. Potential restraints include: Competition from Substitute Products. Notable trends are: The number if restaurant visits per month grew as a result of the national spread of fast food companies..
In the 2020 financial year, the EBITDA of the mining industry grew by 11.7 percent compared to the previous financial year. This level of growth was significant, especially given that no other industry witnessed a growth of more than 10 percent in that year.
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The Australia Fintech Market is Segmented by Service Proposition (Digital Payments, Digital Lending and Financing, Digital Investments, Insurtech, and Neobanking), by End-User (Retail and Businesses), and by User Interface (Mobile Applications, Web / Browser, and POS / IoT Devices). The Market Forecasts are Provided in Terms of Value (USD).
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Australia GDP: Growth: Gross Value Added: Industry: Manufacturing data was reported at 0.159 % in 2023. This records a decrease from the previous number of 2.442 % for 2022. Australia GDP: Growth: Gross Value Added: Industry: Manufacturing data is updated yearly, averaging 1.515 % from Dec 1976 (Median) to 2023, with 48 observations. The data reached an all-time high of 6.669 % in 1988 and a record low of -8.225 % in 1983. Australia GDP: Growth: Gross Value Added: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Australia – Table AU.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for manufacturing value added based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Manufacturing refers to industries belonging to ISIC divisions 10-33. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 4.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;Note: Data for OECD countries are based on ISIC, revision 4.