Annual Macroeconomic Snapshot • 1950s
The Australian Economy in 1952
In 1952, Australia’s Estimated Resident Population stood at 8,739,569, real GDP growth averaged 2.7%, annual CPI inflation averaged 17.7% and the unemployment rate averaged 1.1%.
- • The 10-year Commonwealth Government bond yield averaged 4.50% in 1952 (prior to the modern RBA Cash Rate Target series).
1952 Economic Indicators at a Glance
% p.a.
Rank #2 of 104 yrs
Inflation (CPI) in 1952
17.7% Long-run avg: 4.0%
-1.9 pp %
Rank #72 of 77 yrs
Unemployment Rate in 1952
1.1% Long-run avg: 4.8%
+0.8 pp % p.a.
Rank #46 of 77 yrs
Real GDP Growth in 1952
2.7% Long-run avg: 3.4%
-3.4 pp Persons
Rank #75 of 126 yrs
Population in 1952
8.74M Long-run avg: 12,689,752
+211,662 % p.a.
Rank #9 of 125 yrs
Population Growth in 1952
2.48% Long-run avg: 1.61%
-0.17 pp % p.a.
Rank #60 of 78 yrs
10-Year Bond Yield in 1952
4.50% Long-run avg: 6.63%
-0.10 pp % p.a.
RBA Cash Rate in 1952
N/A Series commenced later
US$ per A$1
AUD/USD Exchange Rate in 1952
N/A Series commenced later
% of disposable income
Household Saving Ratio in 1952
N/A Series commenced later
% of GDP
Trade Balance (% GDP) in 1952
N/A Series commenced later
'000 dwellings / month
Dwelling Approvals in 1952
N/A Series commenced later
% p.a.
Wage Growth (WPI) in 1952
N/A Series commenced later
1952 in Context: Preceding & Following Years (1950–1957)
10-year window around 1952 showing how key indicators evolved before and after