Macroeconomic indicators 2017-18

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 spreadsheet below 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 Info

Field Value
Published (Metadata Record) 15/12/2017
Last Updated 27/04/2019
Organisation Department of Treasury and Finance
License Creative Commons Attribution 4.0 International
Data Temporal Coverage: 30/06/2017 to 30/06/2018