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UNITED STATES Fact sheets are updated biannually; June and December General information Capital: Land area: Official language(s): Population: Currency: Washington DC 9,147,420 sq km English 321.6 million (2015) United States dollar Head of State and Head of Government President The Honorable Donald J. Trump 2011 2012 2013 2014 2015 2016 15,517.9 49,725.5 15,517.9 49,725.5 1.6 -460.4 -3.0 3.1 8.9 16,155.3 51,385.5 16,155.3 51,385.5 2.2 -446.5 -2.8 2.1 8.1 16,691.5 52,704.9 16,691.5 52,704.9 1.7 -366.4 -2.2 1.5 7.4 17,393.1 54,501.6 17,393.1 54,501.6 2.4 -392.1 -2.3 1.6 6.2 18,036.7 56,084.0 18,036.7 56,084.0 2.6 -463.0 -2.6 0.1 5.3 18,561.9 57,293.8 18,561.9 57,293.8 1.6 -469.4 -2.5 1.2 4.9 Economic indicators (a) GDP (US$b) (current prices) GDP per capita (US$) GDP PPP (Int'l $b) GDP per capita PPP (Int'l $) Real GDP growth (% change yoy) Current account balance (US$b) Current account balance (% GDP) Inflation (% change yoy) Unemployment (% labour force) Australia's trade and investment relationship with United States (b) Australian merchandise trade with United States, 2015-16 (A$m) Exports to United States 13,712 Imports from United States 32,480 Total merchandise trade (exports + imports) 46,192 Major Australian exports, 2015-16 (A$m) Beef, f.c.f. Aircraft, spacecraft & parts Meat (excl beef), f.c.f. Alcoholic beverages 2,488 1,118 902 481 Total share 5.6% 12.0% 9.0% Rank 4th 2nd 3rd Major Australian imports, 2015-16 (A$m) Passenger motor vehicles Aircraft, spacecraft & parts Telecom equipment & parts Medical instruments (incl veterinary) Growth (yoy) 2.7% 6.9% 5.6% 2,407 1,389 1,080 1,071 *Includes $1.8b of confidential items and special transactions, 13% of total exports. Australia's trade in services with United States, 2015-16 (A$m) Exports of services to United States 8,205 Imports of services from United States 14,843 Major Australian services exports, 2015-16 (A$m) Professional, technical & other business Personal travel excluding education 2,454 1,313 Total share 12.0% 19.1% Rank 2nd 1st Major Australian services imports, 2015-16 (A$m) Personal travel excluding education Professional, technical & other business Growth (yoy) 14.5% 6.9% 4,835 3,133 Total 594,425 860,313 FDI 105,247 173,503 United States' principal import sources, 2015 1 China 2 Canada 3 Mexico 21.8% 13.0% 12.9% Australia's investment relationship with United States, 2015 (A$m) Australia's investment in United States United States' investment in Australia United States' global merchandise trade relationships United States' principal export destinations, 2015 1 Canada 2 Mexico 3 China 15 Australia 18.6% 15.7% 7.7% 1.7% 29 Australia 0.5% Compiled by the Economic Diplomacy, Trade Advocacy & Statistics Section, DFAT, using the latest data from the ABS, the IMF and various international sources. (a) Economic indicators data is from the IMF WEO where available, the EIU or other reputable source. Data may include forecasts or projections for recent years. GNI may be shown in lieu of GDP for countries where GDP data is unavailable. (b) Merchandise trade data is based on published and unpublished ABS data. May exclude confidential items of trade. Totals may not add up due to rounding. Investment data is stocks as at end December. All data may be subject to future revisions. GDP - Gross Domestic Product PPP - Purchasing power parity GNI - Gross National Income na - Data is not available np - Data is not published .. - Data is not meaningful Primary - Primary goods STM - Simply transformed manufactures ETM - Elaborately transformed manufactures Other - Other goods including non-monetary gold f.c.f. - Fresh, chilled or frozen nes - Not elsewhere specified