Net migration for Australia
SMPOPNETMAUS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
791,229.00
Year-over-Year Change
105.87%
Date Range
1/1/1962 - 1/1/2017
Summary
The 'Net migration for Australia' trend measures the net change in population due to international migration, which is a key component of population growth and economic change.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the net international migration for Australia, calculated as the difference between immigration and emigration. It is an important indicator for policymakers and analysts to understand demographic and workforce shifts.
Methodology
The data is collected by the Australian Bureau of Statistics through official immigration and emigration records.
Historical Context
Net migration is used to forecast labor supply, consumer demand, and other economic factors influenced by population change.
Key Facts
- Australia's net migration was positive in 2022.
- Migration is a key driver of Australia's population growth.
- Net migration declined during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The 'Net migration for Australia' trend measures the net change in Australia's population due to international migration, capturing the difference between immigration and emigration.
Q: Why is this trend relevant for users or analysts?
A: Net migration is a critical indicator for understanding demographic and workforce shifts in Australia, which impact economic factors like labor supply, consumer demand, and economic growth.
Q: How is this data collected or calculated?
A: The data is collected by the Australian Bureau of Statistics using official immigration and emigration records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use net migration data to forecast labor supply, consumer demand, and other economic factors influenced by population change.
Q: Are there update delays or limitations?
A: The net migration data may have some delays in reporting due to the time required to compile immigration and emigration records.
Related Trends
Real Narrow Effective Exchange Rate for Australia
RNAUBIS
Balance of Payments: Services: Revenue for Australia
AUSB6CRSE03STSAQ
Infra-Annual Labor Statistics: Unemployment Rate Male: From 55 to 64 Years for Australia
LRUN55MAAUM156S
Infra-Annual Labor Statistics: Working-Age Population Male: From 55 to 64 Years for Australia
LFWA55MAAUQ647N
International Merchandise Trade Statistics: Exports: Commodities for Australia
XTEXVA01AUM664N
Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for Australia
AUSFCLODCXDC
Citation
U.S. Federal Reserve, Net migration for Australia (SMPOPNETMAUS), retrieved from FRED.