Composition of the Australian Economy Snapshot

Data in this snapshot are the latest available as at 6 November 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 19.7%, New South Wales 30.3%, Victoria 22.2%, South Australia 5.5%, Western Australia 17.4%, Tasmania 1.6%.

Population

27.1 million. Annual growth is 2.3%.

Export Share by type

Resources: 60.1%, Services: 19.6%, Rural: 10.1%, Manufactured: 8.0%

Export Share by destination

China: 32.4%, Japan: 13.1%, EU: 4.7%, Korea: 6.3%, US: 4.9%, India: 5.2%

Employment to population ratio

64.4%

Average Price of Residential Dwellings

$973,000

Household wealth as a share of income

912%

Household debt

as a share of income is 186%