The Australian economy: Economic data 2016 - 2019 Indicators 2016 2017 2018 2019 Nominal Gross Domestic Product (A$ 1,703.6 1,808.9 1,897.7 1,990.3 billions) GDP deflator 95.86 99.26 101.44 104.58 Calculate RGDP 1777.17 1822.38 1870.95 1903.13 % change in RGDP 2.54 2.66 1.71 Inflation rate (%) - use GDP deflator 3.54 2.19 3.09 The Chinese economy: Economic data 2016 - 2019 Indicator 2016 2017 2018 2019 Nominal Gross Domestic Product 74,358 82,712 89,425 98,115 (RMB billions) GDP deflator 101.15 105.35 106.85 110.35 Calculate RGDP 73512 78511 83692 88912 % change in RGDP 6.8 6.6 6.23 Inflation rate (%) - use GDP deflator 4.15 1.42 3.27