Australia GDP Growth Rate

Australia GDP Growth Rate 4 December 2024

Australia GDP Growth Rate 4 December 2024: 0.3% for Q3 2024, below the 0.4% forecast and up from 0.2% in Q2 2024. It is the highest reading since Q2 2023. It is the fifth release in a row below the forecast. It was released on Wed 4 Dec 2024 at 00:30 UTC.

These figures were verified on 4 Oct 2026 from the source: Australian Bureau of Statistics. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
0.3%
Q3 2024
Forecast
0.4%
The market consensus
Previous
0.2%
As the source gives it

What a print like this usually does

Below the forecast: A weak or negative result can weigh on the currency as markets price a softer economy and potentially easier RBA policy.

Australia GDP Growth Rate 4 December 2024: 0.3% for Q3 2024 against a 0.4% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

Australia GDP Growth Rate 4 December 2024: 0.3% vs 0.4% forecast (Australian Bureau of Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/au-gdp/2024-12-04

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
4 Dec 2024Q30.3%0.4%0.2%
4 Sep 2024Q20.2%0.3%0.2%
5 Jun 2024Q10.1%0.2%0.3%
6 Mar 2024Q40.2%0.3%0.3%
6 Dec 2023Q30.2%0.4%0.4%
6 Sep 2023Q20.4%0.3%0.4%
7 Jun 2023Q10.2%0.3%0.6%
1 Mar 2023Q40.5%0.8%0.7%
7 Dec 2022Q30.6%0.7%0.9%
7 Sep 2022Q20.9%1%0.7%
1 Jun 2022Q10.8%0.5%3.6%
2 Mar 2022Q43.4%3%-1.9%