Household FCE decreased 12.1%, this was driven by a: General government FCE contributed to growth with a rise of 2.9%, driven by a: Private investment declined 6.5%, driven by a: Public investment increased 1.0%, driven by a: Public corporations GFCF partly offset the rise, decreasing 7.2%. The fall was driven by Personal and Other Services due to COVID-19 related movement and trading restrictions. They are used to ensure Gross Domestic Product is balanced for all three approaches (production, expenditure and income) and provide the annual benchmarks from which the quarterly estimates are compiled. Household expenditure fell 2.6% for the 2019/20 financial year, the first annual fall in recorded history. New, Figures and insights about the advertising and media world, Industry Outlook GDP per capita in Australia averaged 37022.72 USD from 1960 until 2019, reaching an all time high of 57071.20 USD in 2019 and a record low of 19245.60 USD in 1962. The Gross Domestic Product per capita in Australia was last recorded at 57071.20 US dollars in 2019. 11.6% fall in household consumption expenditure driven by reduced spending on services including hotels, cafes and restaurants, transport and health. This feature is limited to our corporate solutions. This fall is the largest decline to be recorded in the history of National Accounts. fall in Mining driven by reduced global demand and falls in commodity prices, 2.0% rise in public non-financial corporations, 17.3% fall in Accommodation and Food Services, due to decreased demand following COVID-19 trading restrictions and social distancing, resulting in job losses and reduced hours, 8.2% fall in Administrative and Support Services, due to decreased demand for labour hire firms and travel agencies, 2.2% fall in Agriculture with declined slaughter rates as herds were restocked, 1.4% rise in Iron Ore Mining driven by increased global demand, 2.5% rise in Other Mining due to strong production volumes in gold and copper following maintenance disruptions in the previous quarter. Investment in new and used dwellings fell 7.3% in the quarter due to weakened demand and COVID-19 restrictions, the largest fall since December 2000. Please authenticate by going to "My account" → "Administration". Record falls were observed in hospitality and tourism related industries due to impact the COVID-19 pandemic and associated restrictions. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. 7/10/2020 - Data behind figure 5 in the International comparisons article was updated and footnotes added. Personal services operated under restricted capacity while other services was driven by reduced demand for parking services at airports, office precincts and shopping centres. COVID-19 deaths worldwide as of October 30, 2020, by country, COVID-19 cases worldwide as of October 30, 2020, by country, Coronavirus (COVID-19) cases, recoveries, and deaths worldwide as of Oct. 30, 2020. Please contact us to get started with full access to dossiers, forecasts, studies and international data. The COE share of total factor income fell below 50%, the first time since September quarter 1959. Australia gdp per … 3.7% decrease in general government investment with falls in state and local and national non-defence investment, 18.3% decrease in public non-financial corporations reflecting weakness in state and local public non-financial corporations investment as projects near completion, 8.4% increase in non-dwelling construction as a result of a rise in new building construction, 19.0% increase in machinery and equipment reflecting the increased purchase of vehicles and office equipment by businesses.

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