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Economy > National accounts Stats: compare key data on Australia & Palau

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Definitions

  • Local currency at constant prices > Aggregate indicators > GDP per capita > Constant LCU: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Local currency at current prices > Aggregate indicators > Gross value added at factor cost: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency."
  • Local currency at current prices > Aggregate indicators > Net current transfers from abroa: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current local currency.
  • Local currency at current prices > Aggregate indicators > Net taxes on products > Current : Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current local currency."
  • Local currency at current prices > Expenditure on GDP > Exports > Goods and services > Cu: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency."
  • Local currency at current prices > Expenditure on GDP > External balance on goods and serv: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.
  • Local currency at current prices > Expenditure on GDP > Imports > Goods and services > Cu: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency."
  • Local currency at current prices > Value added > Agriculture > Value added > Current LCU: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency."
  • Shares of GDP and other > Services > Etc. > Value added > % of GDP: Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator."
  • US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$: GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant U.S. dollars.
  • US$ at constant 2000 prices > Value added > Manufacturing > Value added > Constant 2000 US$: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are expressed constant 2000 U.S. dollars."
  • US$ at current prices > Aggregate indicators > GDP > Current US$: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used."
  • US$ at current prices > Expenditure on GDP > Imports > Goods and services > Current US$: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars."
  • US$ at current prices > Value added > Agriculture > Value added > Current US$: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars."
  • US$ at current prices > Value added > Manufacturing > Value added > Current US$: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars."
  • Local currency at constant prices > Aggregate indicators > GDP > Constant LCU: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Local currency at current prices > Aggregate indicators > GDP > Current LCU: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
  • Shares of GDP and other > Agriculture > Value added > % of GDP: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator."
  • Shares of GDP and other > Trade > % of GDP: Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • Local currency at current prices > Expenditure on GDP > Gross national expenditure > Curre: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current local currency."
  • Local currency at current prices > Aggregate indicators > Net income from abroad > Current: Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current local currency."
  • Shares of GDP and other > Exports > Goods and services > % of GDP: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments."
  • US$ at current prices > Aggregate indicators > Net current transfers from abroad > Current: Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. Data are in current U.S. dollars.
  • Atlas GNI and GNI per capita > GNI > Atlas method > Current US$: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current U.S. dollars. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States."
  • Local currency at current prices > Value added > Manufacturing > Value added > Current LCU: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency."
  • US$ at current prices > Value added > Services > Etc. > Value added > Current US$: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars."
  • US$ at current prices > Value added > Industry > Value added > Current US$: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars."
  • Atlas GNI and GNI per capita > GNI per capita > Atlas method > Current US$: GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States."
  • Local currency at current prices > Value added > Industry > Value added > Current LCU: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency."
  • US$ at constant 2000 prices > Expenditure on GDP > Gross national expenditure > Constant 2: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2000 U.S. dollars."
  • US$ at constant 2000 prices > Aggregate indicators > GDP > Constant 2000 US$: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2000 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2000 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used."
  • Shares of GDP and other > External balance on goods and services > % of GDP: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
  • US$ at constant 2000 prices > Aggregate indicators > Gross value added at factor cost > Co: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant 2000 U.S. dollars."
  • Local currency at current prices > Value added > Services > Etc. > Value added > Current LCU: Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current local currency."
  • Shares of GDP and other > Manufacturing > Value added > % of GDP: Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator."
  • US$ at current prices > Aggregate indicators > Net income from abroad > Current US$: Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current U.S. dollars."
  • US$ at current prices > Expenditure on GDP > Gross national expenditure > Current US$: Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in current U.S. dollars."
  • Local currency at current prices > Aggregate indicators > GNI > Current LCU: GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.
  • Shares of GDP and other > Industry > Value added > % of GDP: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator."
STAT Australia Palau HISTORY
Local currency at constant prices > Aggregate indicators > GDP per capita > Constant LCU 54,720.07
Ranked 66th. 10 times more than Palau
5,335.44
Ranked 133th.

Local currency at current prices > Aggregate indicators > Gross value added at factor cost 1.04 trillion
Ranked 54th. 6499 times more than Palau
160.01 million
Ranked 146th.

Local currency at current prices > Aggregate indicators > Net current transfers from abroa -460,327,357.4
Ranked 99th.
10.9 million
Ranked 98th.

Local currency at current prices > Aggregate indicators > Net taxes on products > Current 141.92 billion
Ranked 50th. 33159 times more than Palau
4.28 million
Ranked 134th.

Local currency at current prices > Expenditure on GDP > Exports > Goods and services > Cu 233.84 billion
Ranked 75th. 1740 times more than Palau
134.4 million
Ranked 155th.

Local currency at current prices > Expenditure on GDP > External balance on goods and serv -21,508,000,000
Ranked 97th. 664 times more than Palau
-32,400,000
Ranked 54th.

Local currency at current prices > Expenditure on GDP > Imports > Goods and services > Cu 255.34 billion
Ranked 75th. 1531 times more than Palau
166.8 million
Ranked 156th.

Local currency at current prices > Value added > Agriculture > Value added > Current LCU 26.5 billion
Ranked 77th. 4734 times more than Palau
5.6 million
Ranked 152nd.

Shares of GDP and other > Services > Etc. > Value added > % of GDP 68.36%
Ranked 33th.
75.8%
Ranked 13th. 11% more than Australia

US$ at constant 2000 prices > Aggregate indicators > GDP per capita > Constant 2000 US$ $25,056.15
Ranked 18th. 4 times more than Palau
$6,143.46
Ranked 43th.

US$ at constant 2000 prices > Value added > Manufacturing > Value added > Constant 2000 US$ $55.49 billion
Ranked 18th. 32833 times more than Palau
$1.69 million
Ranked 164th.
US$ at current prices > Aggregate indicators > GDP > Current US$ $924.84 billion
Ranked 14th. 5616 times more than Palau
$164.69 million
Ranked 166th.

US$ at current prices > Expenditure on GDP > Imports > Goods and services > Current US$ $224.59 billion
Ranked 20th. 1346 times more than Palau
$166.80 million
Ranked 157th.

US$ at current prices > Value added > Agriculture > Value added > Current US$ $23.31 billion
Ranked 19th. 4164 times more than Palau
$5.60 million
Ranked 152nd.

US$ at current prices > Value added > Manufacturing > Value added > Current US$ $95.73 billion
Ranked 17th. 116454 times more than Palau
$822,000.00
Ranked 145th.

Local currency at constant prices > Aggregate indicators > GDP > Constant LCU 1.2 trillion
Ranked 55th. 10999 times more than Palau
108.83 million
Ranked 161st.

Local currency at current prices > Aggregate indicators > GDP > Current LCU 1.26 trillion
Ranked 71st. 7627 times more than Palau
164.69 million
Ranked 166th.

Shares of GDP and other > Agriculture > Value added > % of GDP 2.55%
Ranked 117th.
3.5%
Ranked 114th. 37% more than Australia

Shares of GDP and other > Trade > % of GDP 41.39%
Ranked 149th.
181.02%
Ranked 7th. 4 times more than Australia

Local currency at current prices > Expenditure on GDP > Gross national expenditure > Curre 1.2 trillion
Ranked 65th. 6053 times more than Palau
198.79 million
Ranked 156th.

Local currency at current prices > Aggregate indicators > Net income from abroad > Current -32,824,098,408.4
Ranked 96th. 866 times more than Palau
-37,900,000
Ranked 32nd.

Shares of GDP and other > Exports > Goods and services > % of GDP 19.79%
Ranked 140th.
80.77%
Ranked 12th. 4 times more than Australia

US$ at current prices > Aggregate indicators > Net current transfers from abroad > Current $-338,925,637.05
Ranked 104th.
$10.90 million
Ranked 98th.

Atlas GNI and GNI per capita > GNI > Atlas method > Current US$ $957.53 billion
Ranked 15th. 7546 times more than Palau
$126.89 million
Ranked 154th.

Local currency at current prices > Value added > Manufacturing > Value added > Current LCU 108.83 billion
Ranked 62nd. 132401 times more than Palau
822,000
Ranked 145th.

US$ at current prices > Value added > Services > Etc. > Value added > Current US$ $625.24 billion
Ranked 13th. 5155 times more than Palau
$121.28 million
Ranked 149th.

US$ at current prices > Value added > Industry > Value added > Current US$ $266.04 billion
Ranked 15th. 8031 times more than Palau
$33.13 million
Ranked 151st.

Atlas GNI and GNI per capita > GNI per capita > Atlas method > Current US$ $43,770.00
Ranked 12th. 7 times more than Palau
$6,220.00
Ranked 58th.

Local currency at current prices > Value added > Industry > Value added > Current LCU 302.47 billion
Ranked 60th. 9130 times more than Palau
33.13 million
Ranked 151st.

US$ at constant 2000 prices > Expenditure on GDP > Gross national expenditure > Constant 2 $610.67 billion
Ranked 14th. 2593 times more than Palau
$235.48 million
Ranked 169th.
US$ at constant 2000 prices > Aggregate indicators > GDP > Constant 2000 US$ $548.10 billion
Ranked 14th. 4374 times more than Palau
$125.31 million
Ranked 160th.

Shares of GDP and other > External balance on goods and services > % of GDP -1.82%
Ranked 62nd.
-19.47%
Ranked 122nd. 11 times more than Australia

US$ at constant 2000 prices > Aggregate indicators > Gross value added at factor cost > Co $481.85 billion
Ranked 11th. 4063 times more than Palau
$118.59 million
Ranked 155th.
Local currency at current prices > Value added > Services > Etc. > Value added > Current LCU 710.86 billion
Ranked 56th. 5861 times more than Palau
121.28 million
Ranked 149th.

Shares of GDP and other > Manufacturing > Value added > % of GDP 10.47%
Ranked 93th. 21 times more than Palau
0.51%
Ranked 146th.

US$ at current prices > Aggregate indicators > Net income from abroad > Current US$ $-24,167,428,428.62
Ranked 132nd. 638 times more than Palau
$-37,900,000.00
Ranked 40th.

US$ at current prices > Expenditure on GDP > Gross national expenditure > Current US$ $1.06 trillion
Ranked 15th. 5324 times more than Palau
$198.79 million
Ranked 157th.

Local currency at current prices > Aggregate indicators > GNI > Current LCU 1.22 trillion
Ranked 68th. 9648 times more than Palau
126.79 million
Ranked 155th.

Shares of GDP and other > Industry > Value added > % of GDP 29.09%
Ranked 66th. 41% more than Palau
20.7%
Ranked 121st.

SOURCES: World Bank national accounts data, and OECD National Accounts data files.

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