GDP Growth — methodology

What this metric measures

Quarter-on-quarter growth in gross domestic product, chain volume (inflation-adjusted) and seasonally adjusted.

Why it matters: GDP is the broadest measure of the economy's output and income. Sustained growth means more jobs and higher living standards; contraction means recession.

Source & provenance

Publisher

ABS Australian National Accounts: Key Aggregates (Cat. 5206.0), ANA_AGG M2.GPM

Update frequency

quarterly

Licence

CC BY 4.0

How the score is computed

The score is a 0–100 normalisation of the latest observation, compared to a baseline window. The traffic-light rating (RAG) reflects both the absolute level and the recent trend.

Direction

Higher is better

Trend window

24 months

Baseline

Last 10 years

{
  "red_max_pct_of_baseline": 95,
  "amber_min_pct_of_baseline": 95,
  "green_min_pct_of_baseline": 102
}