Australia: Economic Overview.

Compared to G7 nations, Australia’s overall economy is relatively small.

According to the World Bank, however, on a per-person basis, its GDP is even higher than the U.K., Germany, and even the U.S.!

In the past fifteen years or so, Australia’s economy has grown an average of 3.6% annually, well above the 2.5% world norm.

No wonder it ranked third overall in the Legatum Institute’s 2011 Prosperity Index!

Australia’s economy is highly service-oriented, with over 70% of its GDP coming from industries such as finance, education, and tourism.

Despite having a very robust export industry and stellar growth, Australia has been notoriously famous for consistently having a high current account deficit.

This means that Australia is using up more resources from other economies to satisfy its own domestic consumption.

Learn to Trade Currency

If you’d like to earn extra income trading on the Forex market, consider learning how to currency trade with Forex Smart Trade.   With their super-accurate proprietary trading tools and best-in-the-business, personalized one-on-one training, you’ll be successful.  Check out the Forex Smart Trade webinar.  It shows one of their trader’s trading and how easy, intuitive, and accurate the tools are.  Or try the Forex Smart Trade Introductory Day Trading Trial for just TEN dollars.

Currency trading is very risky. My results are not typical. We provide a trading trial so you can assess the value of our indicators and training for yourself.

www.ForexSmartTrade.com