Australia

 Pre-Meeting Forecasts,Oct 2005                                          Project LINK -   UN/DESA Oct. 26th 2005

                                  |  2003    2004  %chg    2005  %chg    2006  %chg    2007  %chg    2008  %chg  |
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                        Aggregate Demand (Millions of Australian Dollars, Current Prices)
 Priv consumption    285 CON#     |457892. 487119.   6.4 511161.   4.9 537796.   5.2 564430.   5.0 591065.   4.7 |
 Publ consumption    511 CG$      |156501. 172634.  10.3 190459.  10.3 207437.   8.9 224416.   8.2 241395.   7.6 |
 Priv investment     514 I$       |202466. 230830.  14.0 234500.   1.6 250517.   6.8 266534.   6.4 282551.   6.0 |
 Publ investment     515 IG$      | 28647.  30418.   6.2  32626.   7.3  34616.   6.1  36606.   5.7  38595.   5.4 |
 Export good+serv    487 XPO#     |134940. 145726.   8.0 152941.   5.0 161941.   5.9 170942.   5.6 179942.   5.3 |
 Import good+serv     53 MGS#     |165329. 169669.   2.6 180701.   6.5 188387.   4.3 196072.   4.1 203758.   3.9 |
 Gross dome prod     287 GTM#     |768837. 851767.  10.8 897962.   5.4 962524.   7.2 *******   6.7 *******   6.3 |
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                          Aggregate Demand (Millions of Australian Dollars, 1980 Prices)
 Priv consumption    269 CON      |175357. 184827.   5.4 188523.   2.0 193236.   2.5 198067.   2.5 203811.   2.9 |
 Publ consumption    512 CG       | 36816.  38288.   4.0  39820.   4.0  41413.   4.0  43069.   4.0  44792.   4.0 |
 Priv investment     513 I        | 84897.  91349.   7.6  94089.   3.0  99829.   6.1 103822.   4.0 105898.   2.0 |
 Publ investment     516 IG       | 10294.  10706.   4.0  11252.   5.1  11736.   4.3  12088.   3.0  12451.   3.0 |
 Inventory change    518 IINF     | -7808.  -4014. -48.6   -220. -94.5   3574. *****   7368. 106.2  11162.  51.5 |
 Export good+serv    481 XPO      | 86674.  90227.   4.1  97175.   7.7 103005.   6.0 108155.   5.0 113563.   5.0 |
 Import good+serv     16 MGS      | 85973.  87859.   2.2  91232.   3.8  93862.   2.9  96491.   2.8  99121.   2.7 |
 Gross dome prod     351 GTM      |283324. 292390.   3.2 299407.   2.4 308089.   2.9 318872.   3.5 325568.   2.1 |
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                          Balance of Payments (Billions of U.S. Dollars, Current Prices)
 Exports             549 UNUSED   | 73.739  86.275  17.0  97.404  12.9 104.222   7.0 109.433   5.0 114.905   5.0 |
 Imports             550 UNUSED   | 88.253 101.490  15.0 109.001   7.4 114.450   5.0 120.173   5.0 126.181   5.0 |
 FOB trade bal.      594 TBL      |-14.513 -15.216   4.8 -11.596 -23.8 -10.228 -11.8 -10.740   5.0 -11.277   5.0 |
 Exch rate(loc/$)    527 EXRL     |  1.545   1.385 -10.4   1.343  -3.0   1.356   1.0   1.370   1.0   1.384   1.0 |
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                                Trade  (Billions of U.S. Dollars, Current Prices)
 Exports SITC 0-1    561 VXL01    | 10.663  14.779  38.6  15.222   3.0  15.831   4.0  16.464   4.0  17.123   4.0 |
         SITC 2+4    562 VXL24    | 22.379  27.033  20.8  30.142  11.5  32.252   7.0  33.220   3.0  35.545   7.0 |
         SITC 3      563 VXL3     |18.1306 23.5698  30.0 30.6407  30.0 32.7855   7.0 32.7856   0.0 32.8092   0.1 |
         SITC 5-9    564 VXL59    | 22.567  20.892  -7.4  21.399   2.4  23.353   9.1  26.963  15.5  29.451   9.2 |
        All goods    565 VXL09    | 73.739  86.274  17.0  97.404  12.9 104.222   7.0 109.433   5.0 114.928   5.0 |
 Imports SITC 0-1    571 VML01    | 2.8783  2.9934   4.0  3.6520  22.0  3.9806   9.0  4.2593   7.0  4.5787   7.5 |
         SITC 2+4    572 VML24    | 2.4965  2.5614   2.6  2.5870   1.0  2.6129   1.0  2.6390   1.0  2.6654   1.0 |
         SITC 3      573 VML3     | 7.3970  8.9281  20.7 11.1602  25.0 11.4950   3.0 11.4950   0.0 11.4950   0.0 |
         SITC 5-9    574 VML59    | 75.481  87.007  15.3  91.601   5.3  96.362   5.2 101.780   5.6 107.442   5.6 |
        All goods    575 VML09    | 88.253 101.490  15.0 109.001   7.4 114.450   5.0 120.173   5.0 126.181   5.0 |
 Trade balance                    |-14.513 -15.216   4.8 -11.597 -23.8 -10.228 -11.8 -10.740   5.0 -11.253   4.8 |
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                                             Key Economic Indicators
 GDP deflator        519 PGDP     | 2.5392  2.6036   2.5  2.6077   0.2  2.6420   1.3  2.6762   1.3  2.7105   1.3 |
 Priv cons defl      228 PCON     | 2.6608  2.7193   2.2  2.7846   2.4  2.8625   2.8  2.9427   2.8  3.0310   3.0 |
 Priv inv defl       140 PIP      | 2.3846  2.5273   6.0  2.4230  -4.1  2.4421   0.8  2.4613   0.8  2.4805   0.8 |
 Exports defl        520 PXT      | 1.5096  1.5141   0.3  1.5186   0.3  1.5232   0.3  1.5277   0.3  1.5322   0.3 |
 Imports defl        352 PMGS     | 1.9232  1.9313   0.4  1.9808   2.6  2.0097   1.5  2.0385   1.4  2.0673   1.4 |
 Nominal wage        265 WAR#     | 785.22  818.20   4.2  859.93   5.1  902.92   5.0  939.04   4.0  976.60   4.0 |
 Unemployment(%)     275 NUR      | 6.0000  5.5000  -8.3  5.1000  -7.3  5.2000   2.0  5.2000   0.0  5.2000   0.0 |
 T.bill rate         402 RTN      |  4.900   5.500  12.2   5.700   3.6   5.500  -3.5   5.200  -5.5   5.200   0.0 |
 Bond rate           445 RSB      |  5.400   5.600   3.7   5.900   5.4   5.700  -3.4   5.900   3.5   6.100   3.4 |
 Money supply M1     160 #LM1     |175843. 184811.   5.1 194606.   5.3 202390.   4.0 209878.   3.7 217644.   3.7 |
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Generated October 28, 2005.
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