No. 3 - Department of Treasury - The Western Australian Government

2006 No.3 Western Australian Economic SummaryGROWTH IN CONSUMER PRICESIMF Estimates, Countries, Annual % Change2005 2006 2007Australia 2.7% 3.5% 2.9%China 1.8% 1.5% 2.2%France 1.9% 2.0% 1.9%Germany 2.0% 2.0% 2.6%HK 0.9% 2.3% 2.5%Indonesia 10.5% 13.0% 5.9%Italy 2.3% 2.4% 2.1%Japan -0.6% 0.3% 0.7%Malaysia 3.0% 3.8% 2.7%Mexico 4.0% 3.5% 3.3%NZ 3.0% 3.8% 3.4%Russia 12.6% 9.7% 8.5%Singapore 0.5% 1.8% 1.7%Taiwan 2.3% 1.7% 1.5%UK 2.0% 2.3% 2.4%USA 3.4% 3.6% 2.9%Source: IMF WEO Database, September 2006UNEMPLOYMENT RATESIMF Estimates, Countries, % Labour Force2005 2006 2007Australia 5.1% 5.0% 5.0%France 9.5% 9.0% 8.5%Germany 9.1% 8.0% 7.8%HK 5.7% 4.6% 4.0%Italy 7.7% 7.6% 7.5%Japan 4.4% 4.1% 4.0%NZ 3.7% 3.9% 4.5%Singapore 3.1% 2.7% 2.7%Taiwan 4.1% 3.9% 3.7%UK 4.8% 5.3% 5.1%USA 5.1% 4.8% 4.9%Source: IMF WEO Database, September 2006GDP AT PPP SHARE OF WORLD TOTALIMF Estimates, Regions, % World Output2005 2006 2007Africa 3.3% 3.4% 3.4%Central and eastern Europe 3.3% 3.3% 3.3%CIS and Mongolia 3.8% 3.8% 3.9%Developing Asia 27.1% 28.0% 28.8%Euro area 14.8% 14.4% 14.1%Middle East 2.8% 2.8% 2.8%Western Hemisphere 7.4% 7.4% 7.3%Source: IMF WEO Database, September 2006Department of Treasury and Finance 93