Macroeconomic Indicators 2012-13

The Department of Treasury and Finance forecasts a number of macroeconomic aggregates for inclusion in the budget papers.

These forecasts have three main purposes:

  • they provide a framework for presenting the economic context in which the budget is developed;
  • most of the economic aggregates or their sub-components are used in the modelling of taxation and other revenue lines; and
  • forecasts of nominal gross state product (GSP) are used to express key financial aggregates in relation to the size of the economy, such as non-financial public sector net debt to nominal GSP.

The data source contains the seven published aggregates for the budget papers (Budget and Budget Update):

  • real GSP growth;
  • level of nominal GSP;
  • employment growth;
  • unemployment rate;
  • growth in the consumer price index;
  • growth in the wage price index; and
  • annual population growth.

Data and Resources

Additional Information

Field Value
Published (Metadata record) 31/01/2013
Last updated 07/03/2016
Organisation Department of Treasury and Finance
License Creative Commons Attribution 4.0 International
Data temporal coverage: 01/07/2012 to 30/06/2013