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Macroeconomic indicators 2016-17

Created 26/06/2025

Updated 26/06/2025

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The Department forecasts a number of macroeconomic aggregates for inclusion in the budget papers. These forecasts have three main purposes: - they provide a framework for presenting the economic context in which the budget is developed; - most of the economic aggregates or their sub-components are used in the modelling of taxation and other revenue lines; and - forecasts of nominal gross state product (GSP) are used to express key financial aggregates in relation to the size of the economy, such as non-financial public sector net debt to nominal GSP. The spreadsheet below contains the seven published aggregates for the budget papers (Budget and Budget Update): - real GSP growth; - level of nominal GSP; - employment growth; - unemployment rate; - growth in the consumer price index; - growth in the wage price index; and - annual population growth.

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Additional Info

Field Value
Title Macroeconomic indicators 2016-17
Language English
Licence Creative Commons Attribution 3.0 Australia
Landing Page https://data.gov.au/data/dataset/87ffa9e5-7ca5-472c-b2cc-8b2a3ea91e0e
Remote Last Updated 17/12/2024
Contact Point
DTF - Corporate and Government Services
contact@dpc.vic.gov.au
Reference Period 20/03/2017
Geospatial Coverage Victoria
Data Portal Victoria Government

Data Source

This dataset was originally found on Victoria Government "Macroeconomic indicators 2016-17". Please visit the source to access the original metadata of the dataset:
https://discover.data.vic.gov.au/dataset/macroeconomic-indicators-2016-17