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. 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. The state of the tourism industry in 2021 The coronavirus pandemic had an enormous negative effect on the travel and tourism industry worldwide. In Australia, all major tourism-related industries reported a decline in GVA on the previous year. International visitors were also restricted from entering the country, resulting in a significant drop in revenue from international visitors. China, as the origin of the COVID-19 virus, was the first country to be subjected to travel bans. This was particularly damaging to the Australian economy due to the high volume of Chinese visitors that visit Australia for work, leisure, and study. Hopes for a trans-Tasman travel bubble  Just as visitors to Australia were restricted, international travel for Australians became increasingly limited throughout 2020 and 2021. However, with New Zealand’s success at containing the virus, and incidents of COVID-19 in Australia declining at the end of April, the two countries opened negotiations for a “trans-Tasman travel bubble”. The concept would open travel for Australian and New Zealand residents across the Tasman sea, without the need to undergo quarantine in Australia or New Zealand. Unfortunately, after a second wave outbreak of coronavirus in Melbourne and subsequent outbreaks later in the year, the trans-Tasman bubble did not come to pass in 2020.

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.

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 20,5900 new employment and the education and training industry 85,100 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 91,700 employment for these industries.

The statistic shows the growth rate of Australia’s real GDP from 2019 to 2023, with projections up until 2029. In 2023, GDP in Australia grew by about 2.06 percent on the previous year.

The recession-proof land down under

GDP 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.

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).

Australia's e-commerce market growth rate soared in 2020 and 2021 amid the pandemic, as in-store shopping became highly restricted. In 2022, e-commerce revenue fell by around 9.7 percent across the country, due to many consumers returning to their in-store shopping habits. In 2025, the market is expected to see a positive increase of 13.7 percent.

The Australian ICT Market is Segmented by Type (Hardware, Software, IT Services, Telecommunication Services), Size of Enterprise (Small and Medium Enterprises, Large Enterprises), and Industry Vertical (BFSI, IT and Telecom, Government, Retail and E-commerce, Manufacturing, Energy and Utilities, and Other Industry Verticals). The market sizes and forecasts are provided in terms of value in USD million for all the above-mentioned segments.

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.

IMARC Group provides an analysis of the key trends in each segment of the Australia e-commerce market, along with forecast at the country and regional levels from 2025-2033. The market has been categorized based on type and transaction.

This statistic shows revenue in the Australian hospitality industry during the fiscal year to June 2018, by sector. In the period examined, the restaurant sector achieved 20.08 billion Australian dollars and hotels and resorts achieved 8.24 billion AUD.

Industry (including construction), value added (annual % growth) in Australia was reported at 0.88387 % in 2023, 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 March of 2025.

The statistic shows selected biotech industry growth rates in Australia compared to worldwide as of 2016. Biotech industry growth for the period 2007-2016 was three percent in Australia and 10 percent worldwide. Growth rates in the biotech sector were significantly lower in Australia than the world average.

Key information about Australia Industrial Production Index Growth

• Australia Industrial production fell 1.2 % YoY in Dec 2024, following a drop of 0.2 % YoY in the previous quarter.
• Australia Industrial production index growth rate YoY data is updated quarterly, available from Sep 1975 to Dec 2024, with an average rate of 2.5 %.
• The data reached an all-time high of 14.3 % in Dec 1987 and a record low of -8.0 % in Mar 1983.

the Australia Freight Forwarding Market Report is Segmented by Mode of Transport (air Freight Forwarding, Ocean Freight Forwarding, Road Freight Forwarding, and Rail Freight Forwarding), Customer Type (B2C and B2B), Application (industrial and Manufacturing, Retail, Healthcare, Oil and Gas, Food and Beverages and Other Application). the Market Size and Forecast are Provided in Terms of Values (USD) for all the Above Segments.

The Analysis of Pharmaceutical Industry in Australia is Segmented by ATC/Therapeutic Class (Alimentary Tract and Metabolism, Blood and Blood Forming Organs, Cardiovascular System, Dermatologicals, Genito Urinary System and Sex Hormones, Systemic Hormonal Preparations, Anti-Infectives for Systemic Use, Antineoplastic and Immunomodulating Agents, Musculoskeletal System, Nervous System, Antiparasitic Products, Insecticides, and Repellents, Respiratory System, Sensory Organs, and Other Therapeutic Classes), Drug Type (Branded and Generic), and Prescription Type (Prescription Drugs (Rx) and OTC Drugs). The Report Offers the Value (in USD Million) for the Above Segments.

The Australia autonomous vehicles market size reached USD 1.34 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 15.78 Billion by 2033, exhibiting a growth rate (CAGR) of 28.80% during 2025-2033. The Australia autonomous vehicles market share is expanding, driven by the rising pressure to reduce carbon emissions, favorable government policies focusing on the implementation of road safety measures, continual improvements in sensor and camera technologies and smart infrastructure, and the increasing number of collaborations between automotive and tech companies.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on propulsion type, level, and vehicle type.

Australia GVA: 2022-23p: sa: Contribution to Growth: Gross Domestic Product data was reported at 0.300 Index Point in Sep 2024. This records an increase from the previous number of 0.200 Index Point for Jun 2024. Australia GVA: 2022-23p: sa: Contribution to Growth: Gross Domestic Product data is updated quarterly, averaging 0.800 Index Point from Sep 1960 (Median) to Sep 2024, with 257 observations. The data reached an all-time high of 4.400 Index Point in Mar 1976 and a record low of -6.700 Index Point in Jun 2020. Australia GVA: 2022-23p: sa: Contribution to Growth: Gross Domestic Product data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A238: SNA08: Gross Value Added: by Industry: Chain Linked: 2022-23 Price: Seasonally Adjusted: Contribution to Growth.

Australia logistics market size is projected to exhibit a growth rate (CAGR) of 3.60% during ​2024-2032​. The increasing need for the execution of various interconnected activities and strategic coordination to facilitate the timely delivery of goods and services and continuous improvements in supply chain management are primarily augmenting the market growth across the country.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on model type, transportation mode, and end use.

Australia smartphone market size is projected to exhibit a growth rate (CAGR) of 1.60% during 2024-2032. The evolution of high-speed mobile networks (like 5G) and improved connectivity options, which enhance the overall smartphone experience, is primarily driving the market growth across the country.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on operating system, display technology, ram capacity, price range, and distribution channel.

Australia GVA: 2009-10p: sa: Contribution to Growth: Manufacturing: Machinery & Equipment data was reported at 0.000 % in Jun 2012. This records a decrease from the previous number of 0.100 % for Mar 2012. Australia GVA: 2009-10p: sa: Contribution to Growth: Manufacturing: Machinery & Equipment data is updated quarterly, averaging 0.000 % from Dec 1977 (Median) to Jun 2012, with 139 observations. The data reached an all-time high of 0.200 % in Dec 2009 and a record low of -0.400 % in Dec 1982. Australia GVA: 2009-10p: sa: Contribution to Growth: Manufacturing: Machinery & Equipment data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A251: SNA08: Gross Value Added: by Industry: Chain Linked: 2009-10 Price: Seasonally Adjusted: Contribution to Growth.