×

Economy > National accounts > Shares of GDP and other Stats: compare key data on Australia & Russia

Compare vs for  

Definitions

  • 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."
  • Chemicals > % of value added in manufacturing: Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division 3. Chemicals comprise ISIC groups 351 and 352.
  • 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."
  • 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).
  • Final > Consumption expenditure > Etc. > % of GDP: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.
  • Food > Beverages and tobacco > % of value added in manufacturing: Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division 3. Food, beverages, and tobacco comprise ISIC division 31."
  • Gross capital formation > % of GDP: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and ""work in progress."" According to the 1993 SNA, net acquisitions of valuables are also considered capital formation."
  • Gross domestic savings > % of GDP: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption).
  • Gross national expenditure > % of GDP: 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)."
  • Gross savings > % of GNI: Gross savings are calculated as gross national income less total consumption, plus net transfers."
  • Machinery and transport equipment > % of value added in manufact: Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division 3. Machinery and transport equipment comprise ISIC groups 382-84.
  • Other manufacturing > % of value added in manufacturing: Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division 3. Other manufacturing includes wood and related products (division 33), paper and paper-related products (division 34), petroleum and related products (groups 353-56), basic metals and mineral products (divisions 36 and 37), fabricated metal products and professional goods (groups 381 and 385), and other industries (group 390). Includes unallocated data. When data for textiles, machinery, or chemicals are shown as not available, they are included in other manufacturing."
  • 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."
  • Textiles and clothing > % of value added in manufacturing: Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division 3. Textiles and clothing comprise ISIC division 32.
  • Trade > % of GDP: Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • Gross fixed capital formation > % of GDP: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation."
  • 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."
  • General government final > Consumption expenditure > % of GDP: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation."
  • 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 Russia HISTORY
Agriculture > Value added > % of GDP 2.55%
Ranked 117th.
4.7%
Ranked 89th. 84% more than Australia

Chemicals > % of value added in manufacturing 7.5%
Ranked 31st.
7.85%
Ranked 14th. 5% more than Australia

Exports > Goods and services > % of GDP 19.79%
Ranked 140th.
27.73%
Ranked 91st. 40% more than Australia

External balance on goods and services > % of GDP -1.82%
Ranked 62nd.
7.37%
Ranked 21st.

Final > Consumption expenditure > Etc. > % of GDP 74.31%
Ranked 100th. 1% more than Russia
73.91%
Ranked 101st.

Food > Beverages and tobacco > % of value added in manufacturing 17.46%
Ranked 25th. 14% more than Russia
15.33%
Ranked 18th.

Gross capital formation > % of GDP 27.51%
Ranked 51st. 47% more than Russia
18.73%
Ranked 97th.

Gross domestic savings > % of GDP 25.69%
Ranked 48th.
26.09%
Ranked 30th. 2% more than Australia

Gross national expenditure > % of GDP 101.82%
Ranked 89th. 10% more than Russia
92.63%
Ranked 111th.

Gross savings > % of GNI 22.41%
Ranked 60th.
23.41%
Ranked 34th. 4% more than Australia

Machinery and transport equipment > % of value added in manufact 4.72%
Ranked 42nd.
11.6%
Ranked 10th. 2 times more than Australia

Other manufacturing > % of value added in manufacturing 68.92%
Ranked 7th. 9% more than Russia
63.26%
Ranked 8th.

Services > Etc. > Value added > % of GDP 68.36%
Ranked 33th. 9% more than Russia
62.49%
Ranked 48th.

Textiles and clothing > % of value added in manufacturing 1.4%
Ranked 51st.
1.95%
Ranked 21st. 39% more than Australia

Trade > % of GDP 41.39%
Ranked 149th.
48.1%
Ranked 116th. 16% more than Australia

Gross fixed capital formation > % of GDP 27.09%
Ranked 40th. 26% more than Russia
21.44%
Ranked 69th.

Manufacturing > Value added > % of GDP 10.47%
Ranked 93th.
15.02%
Ranked 50th. 43% more than Australia

General government final > Consumption expenditure > % of GDP 16.97%
Ranked 60th.
20.13%
Ranked 38th. 19% more than Australia

Industry > Value added > % of GDP 29.09%
Ranked 66th.
32.81%
Ranked 33th. 13% more than Australia

SOURCES: World Bank national accounts data, and OECD National Accounts data files.; United Nations Industrial Development Organisation, International Yearbook of Industrial Statistics.

Citation

Adblocker detected! Please consider reading this notice.

We've detected that you are using AdBlock Plus or some other adblocking software which is preventing the page from fully loading.

We don't have any banner, Flash, animation, obnoxious sound, or popup ad. We do not implement these annoying types of ads!

We need money to operate the site, and almost all of it comes from our online advertising.

Please add www.nationmaster.com to your ad blocking whitelist or disable your adblocking software.

×