Composition of the Australian Economy Snapshot

Data in this snapshot are the latest available as at 13 December 2024.

 

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Snapshot Comparison

An interactive tool enabling the comparison of data at two points in time.

Industry Share of Output key sectors

Mining 12.2%, Finance 7.5%, Health and Education 13.4%, Manufacturing 5.9%, Construction 7.5%.

Output Share by State

Queensland 19.1%, New South Wales 30.7%, Victoria 22.7%, South Australia 5.6%, Western Australia 17.1%, Tasmania 1.6%.

Population

27.1 million. Annual growth is 2.3%.

Export Share by type

Resources: 59.5%, Services: 19.7%, Rural: 10.6%, Manufactured: 8.2%

Export Share by destination

China: 32.4%, Japan: 13.1%, Korea: 6.3%, US: 4.9%, India: 5.2%

Employment to population ratio

64.4%

Average Price of Residential Dwellings

$985,900

Household wealth as a share of income

900%

Household debt

as a share of income is 184%