Must Know Stats (1 Viewer)

[me]

hey guys
can we compare LATEST statistics coz mine are all over the place....
eco growth- 3.8%
inflation - 2.7%
un/e - 6% (which is the natural rate, right??)
nairu target range - 5-7%
rba's target inflation range - 2-3%

DOES NEONE HAVE STATS ABOUT % CAD, NET FOREIGN DEBT&LIABILITIES to GDP??

 

[Jin-17]

Of the top of my head I have to say Mr Tim Riley book. 2002 edition economics for year 12 i think the title is. Anyways have a look at that, because it has tons of info and stats. Great book, but goes too much in depth and some info is unnecassry. I hope that helps

 

[lobo]

eco growth and RBA inflation target sounds right
inflation i have at 3.2%
nairu about 5%
net foreign debt 47.3%


hope that helps a bit

 

[Bambul]

Economic growth - 3.8%
Unemployment - 6.0%
Inflation - 3.2%
Budget Surplus - $2.1bn (2002/03 Cash)
CAD - $22.2bn (3.2% of GDP)
Net Foreign Liabilities - <snip>
NAIRU - Don't try to quantify this, just know that it supposedly exists. And even then, no-one has proved that it does exists, and believe me, if I ever get the chance to disprove it, I will. And hopefully I'll get a Nobel Prize for my efforts!

 

[=(]

wats GDP?

 

[kaseita]

gross domestic product

the value of total goods and services of a country

and thanks for the stats guys...its stuff I always forget.

 

[-=«MÄLÅÇhïtÊ»=-]

Net Foreign Liabilities - $290.5bn (42% of GDP)

?!?
it thought it was more around 64% of GDP

 

[Slush Puppy]

actually as far as i can recall

Stats as of June 2002

Inflation: 3.1% (up 0.9% in June Qtr)
Economic Growth: 3.8%
Net foregn DEBT: 326.4bn (47.1% of GDP)
CAD 01-02 3.1% of GDP..dunno about the exact figure
Budget 02-03: +0.2bn (mildly contracitonary from 01-02 which was -1.5bn)


Hope that helps

and Bambul, i think you mistook debt for liability

 

[Bambul]

I got that from the ABS. I guess when they said liabilities they meant debt, so it does look as though my NFL stat is wrong.

 

[=(]

no i meant the $$$ value of GDP

i think its around $634 bn but i dont wanna bs too much in the exam

 

[Bambul]

According to The Economist magazine Australias GDP in 2001 was A$690.8bn

 

[kaseita]

my ecos teacher sent around some stats (newsletter from leading edge education)

Net Foreign debt - 47.3% (%to GDP, Jun 02) from 46.6%, 12 months ago.

so Lobo is right

 

[kyme]

call advice line 13 11 12, they have all the current stats goodluck

 

[-=«MÄLÅÇhïtÊ»=-]

bambul that gdp seems really high, is that ppp?
even so it still seems high
i thought it was less den 400
but it keeps fluctuating coz of the exchange rate. And i remember ppp was around 570

 

[Bambul]

The method used to get that figure is quoted as the "expendature method". It gives the market exchange rates number too, which is US$357.3 (keep in mind that it is in USD). If anyone wants to see the website for themselves it is at The Economist.