GITNUX MARKETDATA REPORT 2024

Australina Bureau Of Statistics: Market Report & Data

Highlights: The Most Important Australina Bureau Of Statistics

  • As of September 2021, the unemployment rate in Australia is 4.6%.
  • In June 2021, Australia's GDP stands at AUD 1.97 trillion.
  • The total number of businesses in Australia in 2020-2021 was 2,443,554.
  • The inflation rate in Australia was1.6% by the end of September 2021.
  • Australia's population growth rate for the year ending 30 June 2020 was 1.18%.
  • The average Australian household net worth in 2017-18 was $1.02 million.
  • Australia's total goods and services exports in 2020-21 were valued at AUD 470.2 billion.
  • As of 2021, life expectancy at birth in Australia is 80.9 years for males and 85.0 years for females.
  • Australia's average weekly earnings for full-time adults in November 2020 was $1,711.60.
  • The fertility rate in Australia in 2019 was 1.66 children per woman.
  • In 2021, the median age of an Australian resident was estimated to be 37.9 years.
  • In 2020, around 67.5% of Australians aged 15 years and over participate in physical activities for recreation.
  • In 2018-19, Australian households spent an average of $1,425 per week on goods and services.
  • As at 30 June 2020, 80% of the Australian population were internet users.
  • Approximately 1,572 deaths due to road traffic incidents occur in Australian in 2021.
  • About 15.1% of the Australian population in 2017–18 had one or more disabilities.
  • In 2021, the number of overseas arrivals to Australia was 7.4 million.
  • In 2021, the retail sector has contributed around 4.1% to the Australian GDP.
  • The production of renewable energy in Australia increased by 9% in 2020-2021.
  • In the 2017-18 financial year, Australians paid a total of $186 billion in income tax.

Table of Contents

Welcome to our deep dive into the Australian Bureau of Statistics (ABS), Australia’s national statistical agency that provides trustworthy, comprehensive and timely statistical data across an array of domains. ABS plays a critical role in the country’s decision making, not only by informing policy makers and public, but also by feeding valuable information to researchers and industries. With its thorough and comprehensive examinations of Australian society, economy, industry, environment and demographics, the ABS maintains an indispensable role in shaping Australia’s future. Step into this blog post to discover more about how ABS operates and the profound impact it has on Australia’s data landscape.

The Latest Australina Bureau Of Statistics Unveiled

As of September 2021, the unemployment rate in Australia is 4.6%.

In illuminating the pulse of Australia’s labor market, the statistic – ‘As of September 2021, the unemployment rate in Australia is 4.6%’ – injects a crucial aspect into our understanding. To contextualise within a blog post about the Australian Bureau Of Statistics, it exhibits the Bureau’s role in tracking key economic indicators. The unemployment rate intertwines with multiple socio-economic fabrics, offering insight into the current health of Australia’s economy and effectiveness of government policies. By scrutinizing this statistic, readers can fathom Australia’s economic fundamentals, policy impacts, and societal well-being, thereby appreciating the critical function of statistical data in shaping our comprehension of the nation’s socio-economic landscape.

In June 2021, Australia’s GDP stands at AUD 1.97 trillion.

The striking statistic of Australia’s GDP standing at AUD 1.97 trillion in June 2021, referenced from the Australian Bureau of Statistics carries significant weight. It serves as an economic barometer, highlighting the country’s fiscal robustness while reflecting on its resilience amid global uncertainties. In this context, the figure underscores the country’s economic capacity and the relative health of its financial affairs. This snapshot of the economy provides useful insight into Australia’s financial strength, and thereby, the potential for growth, investment, and opportunity, all crucial factors for economists, investors, and policy makers to bear in mind.

The total number of businesses in Australia in 2020-2021 was 2,443,554.

In the labyrinth of numbers and data that the Australian Bureau of Statistics navigates, the figure ‘2,443,554’ emerges as a beacon, illuminating the comprehensive panorama of businesses in Australia for the fiscal year 2020-2021. This numeric testament anchors its significance within a blog post delving into the realm of the Australian Bureau of Statistics, painting a vivid picture of the country’s commercial landscape. Offering crucial insights, it not only indicates the country’s business density but also acts as a barometer for gauging Australia’s economic health, entrepreneurial spirit, and potential market opportunities while underscoring the integral role that businesses play in Australia’s bustling economic engine.

The inflation rate in Australia was1.6% by the end of September 2021.

Unfolding the drama in numbers, the 1.6% inflation rate in Australia by the end of September 2021 puts Australia’s economic health in perspective. This statistic is a crucial barometer, encapsulating the rising cost of goods and services—a paradoxical gauge of both economic vibrancy and consumer tribulations. In the context of a blog post about the Australian Bureau of Statistics, this number epitomizes the human-enriched data story of people’s purchasing power, business profit margins, and government’s monetary policy impact. Not merely a cold, hard figure, it inflames conversations about the quality of life and growth trajectory in the land Down Under.

Australia’s population growth rate for the year ending 30 June 2020 was 1.18%.

Illuminating the dynamics of Australia’s demographics, the statistic of a 1.18% population growth for the year ending 30 June 2020 forms a central pillar in the narrative of this blog post. This dimension of the Australian Bureau of Statistics not only presents a snapshot of the country’s demographic trajectory, but also indirectly hints at a plethora of intertwined socioeconomic factors such as immigration rates, birth and death rates, and economic vitality. Observing and interpreting this percentage, thus, provides a multi-layered understanding to the readers about the complexities of population dynamics in Australia, equally valuable for policymakers, investors, researchers, and the general public.

The average Australian household net worth in 2017-18 was $1.02 million.

By unearthing the fact that the average Australian household net worth sat at a hefty $1.02 million in 2017-18, the Australian Bureau of Statistics provides valuable insight into the economic landscape revolving around consumer wealth. Such a statistic is instrumental in understanding societal prosperity levels, guiding future monetary policy, and establishing a benchmark for income and wealth comparisons over time. This data point serves as a testament to Australians’ financial health and is a key piece in the ever-evolving puzzle of national economics, directly influencing both individual financial decision-making and broader economic strategies.

Australia’s total goods and services exports in 2020-21 were valued at AUD 470.2 billion.

Showcasing the potency of Australia’s robust export sector, the impressive figure of AUD 470.2 billion in total goods and services exports for 2020-21, is a crucial protagonist in the unfolding narrative of the nation’s economic story. Detailed in the Australian Bureau of Statistics’ report, it clearly portrays the resilience and strength of Australia’s trade relationships and their undeniable influence on the overall economic health of the nation. This particular statistic underscores a pivotal aspect of the larger economic tableau, its inherent essence embedded in the nation’s evolving saga of growth and prosperity, reflecting how Australia weathered global economic challenges and maintained its exporting vigour amidst adversities.

As of 2021, life expectancy at birth in Australia is 80.9 years for males and 85.0 years for females.

In the dynamic landscape of the Australian Bureau Of Statistics, the life expectancy statistics punctuate an important narrative. Revealing a fascinating glimpse into the nation’s health, wellbeing and societal progress, they highlight how advancements in healthcare, improved living conditions, and effective public health policies have successfully increased Australians’ lifespans. The distinction between male and female life expectancy, gearing towards females with almost 4 years, underscores areas for further research into gender-based health disparities. Thus, these figures play a crucial role in framing discussions, informing future policy-making and directing resources to ensure continued betterment of citizens’ lifespan and quality of life, giving them their rightful place in a blog post on the subject.

Australia’s average weekly earnings for full-time adults in November 2020 was $1,711.60.

Enveloped within the figure of Australia’s average weekly earnings for full-time adults in November 2020 being $1,711.60, lies a mirror reflecting the socio-economic heartbeat of the nation. Serving as a key indicator of income distribution, it punctuates the narrative of the Australian Bureau of Statistics and its persistent monitoring of the nation’s economic pulse. This precise datum offers an essential perspective on the living standards of full-time working adults, influencing policy decisions and contributing to the broader understanding of Australia’s economic health and workers’ well-being. Crucially, it enables researchers, policymakers, and readers of this blog post to assess trends over time, compare with other countries and evaluate the impact of financial policies on average earnings. Thus, it is not just a static figure, but a dynamic tool for socioeconomic analysis.

The fertility rate in Australia in 2019 was 1.66 children per woman.

Delving deep into the data furnished by the Australian Bureau of Statistics, it’s intriguing to note that in 2019, the fertility rate in Australia clocked in at 1.66 children per woman. Exploring this statistic unpacks the story of population growth patterns, societal trends, and economic challenges in an increasingly ageing Australia. This data nugget isn’t just a birth rate indicator, but it’s the pulse of a nation; insightful in policy making, predicting future workforce, understanding social services needs, and implications for both households and the economy at large.

In 2021, the median age of an Australian resident was estimated to be 37.9 years.

Painting an evocative portrayal of the Australian demographic landscape, the Median Age Statistic, an estimation of 37.9 years for an Australian resident in 2021, unfurls an important narrative for closely scrutinizing our understanding of Australia’s population dynamics. Acting as a demographic litmus test, this statistic is instrumental in the discourses concerning labour participation, income distribution, healthcare provision, and the accommodation of an ageing population, helping forecast future trends and challenges. Subsequently, as part of a blog post on the Australian Bureau of Statistics (ABS), it underlines the profound role of the ABS in continuously monitoring such vital demographic indicators, thereby shaping Australia’s social and economic policymaking.

In 2020, around 67.5% of Australians aged 15 years and over participate in physical activities for recreation.

Weaving the line between leisure and health, the statistic that around 67.5% of Australians aged 15 years and over engaged in physical activities for recreation in 2020 channels an essential understanding of the nation’s lifestyle trends. Embedded in this figure, we glimpse at Australia’s active habits – potentially influencing health outcomes, fueling local economies, and shaping cultural attitudes toward wellness. As we delve into the treasure trove of insights from the Australian Bureau Of Statistics, this statistic serves as a focal point, shedding light on the fitness-oriented ethos prevalent in the society and its possible correlations with other demographic or economic factors.

In 2018-19, Australian households spent an average of $1,425 per week on goods and services.

Delving into the nuanced layers of the statistic, ‘In 2018-19, Australian households spent an average of $1,425 per week on goods and services’, we uncover crucial insights about the economic pulse of Australia. Its significance in a blog post about the Australian Bureau Of Statistics extends beyond mere numbers. It provides an expert snapshot of consumer spending, reflecting the country’s economic health, citizens’ standard of living, and purchasing power. Additionally, it can unveil underlying trends on expenditure distribution between diverse goods and services. Hence, this figure serves as an essential cogwheel in the machinery of social-economic analysis and policy planning by the Australian government.

As at 30 June 2020, 80% of the Australian population were internet users.

Delving into the rich realm of the Australian Bureau of Statistics, the fact that 80% of Australians were active internet users as at 30 June 2020 is a compelling facet to consider. This high adoption of internet usage opens vast opportunities for information access, digital services, and online communication that may enhance wide-ranging aspects of everyday life. From the sphere of online commerce, educational pursuits, to social connectivity, the proliferation of internet usage amongst Australians underscores a fundamental shift, hinting at a digitally integrated society. Given this pronounced digital engagement, analyzing and understanding associated statistics would be essential to construct the wider narrative about technological progress, internet safety, and digital solutions in Australia.

Approximately 1,572 deaths due to road traffic incidents occur in Australian in 2021.

Shedding light on the grim reality of road fatalities, the startling figure of approximately 1,572 deaths in Australian road traffic incidents in 2021 underscores the critical need for comprehensive analysis and preventive measures. Within the province of a blog post about the Australian Bureau of Statistics, this statistic serves as a compelling illustration of how data can illuminate pressing societal issues. It highlights the indispensable role of robust statistical evidence in shaping public safety strategies, informing policy decisions, and cultivating a culture of awareness around road safety. It’s a sobering reminder of the power and importance of statistics to level into real-world, life-and-death matters.

About 15.1% of the Australian population in 2017–18 had one or more disabilities.

Highlighting the statistic that roughly 15.1% of the Australian populace in 2017-18 reported one or more disabilities, not only underscores the need for comprehensive data collection but also the role such data plays in informing public policy. By integrating such insightful figures into its reports, the Australian Bureau of Statistics helps illuminate the unique challenges and experiences faced by this significant segment of Australians. This statistic, hence, underlines the need for accessible services, inclusive policies, and targeted support, effectively guiding decision-makers and social service providers to address the particular needs of individuals with disabilities. Hence, this figure serves as an impactful reminder of the Bureau’s critical role in shaping an inclusive Australian society that is responsive to the needs of all its citizens.

In 2021, the number of overseas arrivals to Australia was 7.4 million.

As we delve deeper into the most recent insights from the Australian Bureau of Statistics, an interesting number leaps out at us. In the extraordinary year of 2021, Australia recorded 7.4 million overseas arrivals. This statistic speaks volumes not just about the resilience of Australia as a prime global destination but also underscores its socio-economic dynamics. It offers a crucial pivot for understanding the impact of international mobility on Australia’s economy, shaping tourism revenue and influencing various sectors indirectly. Furthermore, it indicates patterns of potential demographic shifts and cultural diversity, integral in policy making and future planning.

In 2021, the retail sector has contributed around 4.1% to the Australian GDP.

Drilling down into the ocean of data from the Australian Bureau of Statistics, it’s striking to spot the retail sector puffing its chest out, shouldering 4.1% of the Australian GDP in 2021. It’s a vibrant testament to the retail industry’s buoyancy amidst economic ebbs and flows. Data of this sort serves not just as a performance barometer of this key sector, but also as an economic health indicator for the whole nation. Furthermore, it provides insight into consumer behavior, revealing the untold narrative of spending habits, and thus offering a roadmap for both policy makers and businesses aiming to navigate future growth strategies.

The production of renewable energy in Australia increased by 9% in 2020-2021.

Emphasizing the versatility of numbers, an interesting piece of data has been unveiled as Australia’s renewable energy production surged by 9% in the 2020-2021 fiscal year. This vital information underpins the accelerating momentum of Australia in embracing green energy solutions, showcasing the nation’s productive response to global calls for sustainable practices. The rise in this statistic concretely manifests Australia’s evolution, and when reflected in a blog post about the Australian Bureau Of Statistics, it paints a broader picture of how numbers can interpret the activities of a nation, offering a glimpse into the future of its energy sector. This statistic serves as a milestone but also a springboard, encouraging further discussion on Australia’s energy consumption, environmental sustainability, and likelihood of achieving energy-related goals.

In the 2017-18 financial year, Australians paid a total of $186 billion in income tax.

Highlighting the statistic that Australians paid a total of $186 billion in income tax in the 2017-18 financial year provides invaluable insight into the scale of government revenue generation in Australia. It frames the enormity of financial contribution that income earners make towards the national budget, aiding Australia’s public expenditure. It reinforces the reliability of the Australian Bureau of Statistics’ data and promotes an understanding of the role and impact of taxation within a financial context, thereby serving as a cornerstone for more comprehensive discussions regarding fiscal policy or national economic trends.

Conclusion

Australian Bureau of Statistics is an indispensable reference for anyone seeking an in-depth understanding of Australia’s socio-economic trends. With a comprehensive range of reliable, up-to-date data, it serves as a robust tool for policymakers, researchers and business leaders alike. Whether you are performing quantitative analysis, shaping business strategies, or making critical policy decisions, the Australian Bureau of Statistics provides valid and valuable information that can guide you in your endeavors.

References

0. – https://www.www.abs.gov.au

FAQs

What is the role of the Australian Bureau of Statistics (ABS)?

The ABS is Australia's national statistical agency, which provides official statistics on a wide range of economic, social, demographic, and environmental matters of importance to Australia. They also have a crucial role in providing the data required for policy formation, decision-making, and research.

How often does the Australian Bureau of Statistics conduct the Census?

The ABS conducts the Census of Population and Housing every five years, with the latest one conducted in 2021. The Census provides a snapshot of the nation and helps in shaping Australia's future by informing planning and service delivery across various sectors.

Does the Australian Bureau of Statistics provide information on Australia's unemployment rate?

Yes, ABS provides regular updates on Australia's unemployment rate. This information is derived from the monthly Labour Force Survey, which provides a comprehensive picture of the state of employment and unemployment in the country.

How reliable is the data provided by the Australian Bureau of Statistics?

The ABS is recognized as the key provider of official statistics and its outputs are generally considered to be of high quality and reliability. They follow stringent methodologies and statistical standards to ensure accuracy and integrity in their data.

Can the public access the data collected by the Australian Bureau of Statistics?

Yes, much of the data collected and aggregated by ABS is publicly available and can be accessed through the Bureau's website. This includes statistics on various subjects such as economy, population, health, environment, and more. They aim to make statistics readily available for informed decision-making, research, and discussion.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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