Originally Posted by
Climb150
Because I was primarily just proving that Australias GDP did drop contrary to what one poster said. The US data was on my screen at the time and data for the Australian numbers were not.
On looking just then the projections for 2021 are similar percentage wise to the USA. That could be revised if the on again off again lock down yoyo persists.
Okey doke, thank you.
So, what source are you using? And are you converting those US GDP per capita numbers into AUD?
Separately, I can't recall anyone saying that Australia's economy didn't shrink during 2020. What others have said, quite correctly, is that in Q1-21 the economy had recovered such that it was larger than Q4-19. I'm pretty sure that that was unique amongst developed economies.