Australia · National accounts

Understanding
the national accounts.

What the figures measure, how to compare them, and where this edition comes from.

June quarter 2026 publication edition · Seasonally adjusted · New releases are checked before updating

How to use these figures

What it shows. Production, national income and household saving describe different parts of the economy.

How to read it. Check the measure, period and unit beside each chart. Percentage change, an index level and a contribution in percentage points are different things.

What it cannot tell you. A national average does not show a typical household’s income or how gains are shared.

Sources and detailed method. The sections below retain the ABS series, formulas, coverage and source edition.

The measures in plain English

GDP

The value of production within Australia. Real GDP adjusts for price changes; current-price GDP includes them.

GDP per person

Average output per resident, not typical earnings, take-home pay or a distribution of household income.

Contributions

Percentage points added to or subtracted from GDP growth. A contribution of 0.2 percentage points is different from component growth of 0.2%.

National income

Real net national disposable income reflects purchasing power, depreciation and income and transfers with the rest of the world.

Household saving

Net saving as a share of household net disposable income. A sector total can conceal large differences between households.

Seasonally adjusted

Regular seasonal patterns are removed to make quarterly movements easier to compare. These estimates can be revised.

Comparisons and calculations

Quarterly growth and contributions are published ABS figures. Annual growth on these pages is calculated as 100 × (the level divided by its value four quarters earlier − 1), using the unrounded accepted seasonally adjusted levels. Annual growth is not a quarterly rate multiplied by four.

Quarterly dollar totals are not annual totals. Dollars labelled “real” use the ABS chain-volume reference year 2023–24. Chain-volume components are generally not additive, so the site does not calculate contributions by summing component levels.

All Data uses each measure’s full available history. Blank or unavailable source cells remain gaps. No series is extended using another adjustment basis or a fabricated value.

This is the June quarter 2026 publication vintage, including its revised history. It is not an archive of what was known at every historical date and it does not refresh automatically.

Official sources. Explicit edition.

Australian Bureau of Statistics: Australian National Accounts, June quarter 2026. Published aggregate figures under CC BY 4.0. Extracted and processed by OD Engine and Common Sense Money Pty Ltd; presented independently by The Economic Picture. No ABS endorsement.

Recorded data release: OD-NA01-NATIONAL-2026-Q2-0.1.0. This section uses 40 published series from the accepted seven-workbook release; exact series IDs are shown below the charts and in contribution tables.

Table 1: Key aggregates – real GDP, GDP per person, real net national disposable income, terms of trade and saving ratio.
Table 2: Expenditure volume measures – published spending contributions.
Table 6: Industry gross value added – published industry contributions.
Table 20: Household income – gross disposable income and compensation of employees.

Original source files and full provenance remain in OD custody. The application consumes a pinned projection; it does not query or modify the OD database.

National accounts sources and methods · June quarter 2026 edition