Eco growth and external stability stats Flashcards
Eco growth was around __% in 2017-2019
2%
In 2020 following the onset of the pandemic, eco growth fell by __% in the ____ quarter before slightly recovering by the end of the year with an overall contraction of ___% in 2020.
7%
2nd
1.1%
In the LT from the mid-1990s onwards, eco growth has fluctuated from __-___% mainly due to the ___ in ___ and ____ conducted in the ___&____.
2-5%
MIB in 2003
MER in the 80s and 90s
UE rates reached a ___ -year high of ___ in ____.
21-year high
7.5%
July,2020.
Household savings ratio peaked at ___% in the ______of 2020.
22%
Third-quarter of 2020
Recently, ___% decline in consumption occuring in the ___________.
15
Third quarter of 2020.
M fell by ___% from ____ to _____.
22.4%
Dec 2019-May 2020
China were able to reach pre-COVID levels of demand by _______ despite consumption falling by ____% in the first quarter.
May 2020
20%
China accounts for ____% of Aus X.
36.1%
Hence Aus experienced a record-high BOGS surplus of ____ in 2019-2020.
$77.4b
Aus CAS of __% in 2019-2020
1.8%
Recently NFL reduced from ___% in ____ to __% in ____.
55-48%
2018-2020
Household savings in Aus fluctuated at just ___ to ___% from _____-______
-1 to 2%
2003-2007
In the LT NPY deficit increased to $_____ in ____ from $____ in ____.
$48.5b from $19.8b
2006-07 from 2000-01
CAD peaked at ___% of GDP in _____
6.6%, 2007-08
Debt servicing ratio reached ___% in ___ from ___% in ____.
17.5% in 2008
11% in 2002.
Aus NFL increased to ___% from ____ from ____-____.
47%-57% from 2002-08.
Large depreciation of the AUD from $US___ to $US_____ from ___,____ to __,____.
$US0.96-$US0.64
July 2008 - Jan 2009
___% of Aus debt is denominated in an overseas currency
40%
This century the AUD has had a range of $___ to $____.
$US0.48 - $US1.10
Investment as a % of GDP increased from ___ to ____ in the MIB from ___ to _____.
13-16%
2003-2008
In ______, Aus unsustainable CAD of __% led to a temporary decline in the Aus credit rating from AAA to ___.
Feb, 2003
5%
AA+
Argentinian debt over ___% of GDP.
Hence GDP declined by ___% from 2017-2019.
70%
31%
NFL’s were ___% during GFC in 2008/
56%
Recent increase in AUD from ___ 2020 low of US$___ to where it is now at US$___
March 2020
$US0.57-$US0.77
US growth in 2020
EU growth in 2020
- -2.4%
- -4.6%
Exports increased by ___% from ___ 2008 to ______ as a result of a ________.
20%
Jan 2008 to October 2008
Depreciation
