Relative Size and Wealth of the Australian Market Feb 2013 2012 Population (mill) GDP US$ (bill) GDP per Capita US$ AUS 23.0 1586 68,916 USA 314.7 15,610 49,601 Source: International Monetary Fund, World Eco Outlook Database, October 2012
2012 Population (mill) GDP US$ (bill) GDP per Capita US$ AUS 22.7 1,542 67,983 USA 314.3 15,653 49,802 Source: International Monetary Fund, World Eco Outlook Database, October 2012
2012 Population (mill) GDP US$ (bill) GDP per Capita US$ AUS 22.7 1,542 67,983 WE 438.3 16,514 37,676
Australia: An east-coast market N.T Size of eco = 1.3% Pop= 0.2m QLD Size of eco = 19.3% Pop= 4.6m W.A Size of Eco = 16.3% Pop = 2.4m S.A Size of eco = 6.3% Pop= 1.7m NSW Size of eco = 32.9% (inc ACT) Pop= 7.7m TAS Size of eco = 1.7% Pop= 0.5m VIC Size of eco = 22.3% Pop= 5.6m NSW, Victoria and Queensland = 74.5% of GDP NSW, Victoria and Queensland = 78.7% of population Source: ABS 3101.0; ABS 5220.0
Relative size of the State economies Share of Gross State Product Source: ABS 5220.0
Share of Australian Population Source: ABS 3101.0
Australia: Globally a medium-sized economy… … but sizeable in the region 1. USA 15,653 2. China 8,250 3. Japan 5,984 4. Germany 3,367 5. France 2,580 6. United Kingdom 2,434 Brazil 2,425 Italy 1,980 9. Russia 1,954 India 1,947 Canada 1,770 Australia 1,542 Global Ranking (2012 GDP in $USbn) GDP of Thailand, Malaysia, Hong Kong SAR, Philippines, Vietnam, New Zealand, Brunei, Cambodia and Myanmar Australia’s GDP = Australia’s eco is 2.2% of world GDP Source: International Monetary Fund, World Economic Outlook Database, October 2012
… particularly in a regional context A wealthy market… 2012 GDP per Population capita (US$) (m) … particularly in a regional context Australia ranks 1st by wealth for countries with a pop. of 10 million + Australia 67,983 22.7 Canada 51,032 34.8 United States 49,802 314.3 Japan 46,896 127.6 Netherlands 45,942 16.8 Belgium 43,175 11.0 Germany 41,168 81.8 France 40,690 63.4 United Kingdom 38,591 63.1 Italy 32,522 60.9 1. Australia 67,983 2. Singapore 49,936 3. Japan 46,896 4. New Zealand 37,401 5. Hong Kong 35,961 6. South Korea 23,021 2012 GDP per capita (US$) Source: International Monetary Fund, World Economic Outlook Database, October 2012
For more information, please contact – Chris Cheatley Joint Managing Director CEO Forum Group Email – chris.cheatley@ceoforum.com.au 2012 Population (mill) GDP US$ (bill) GDP per Capita US$ AUS 23.0 1586 68,916 USA 314.7 15,610 49,601 Source: International Monetary Fund, World Eco Outlook Database, October 2012