Composition of the Australian Economy Snapshot

Released on 7 May 2019

 

Download the complete Snapshot 233KB

Industry Share of Output key sectors

Mining 9%, Finance 10%, Health and Education 13%, Manufacturing 6%, Construction 8%.

Output Share by State

Queensland 19%, New South Wales 33%, Victoria 23%, South Australia 6%, Western Australia 14%, Tasmania 2%.

Population

25 million. Annual growth is 1.6%.

Export Share by type

Resources: 58%, Services: 21%, Rural: 10%, Manufactured: 10%

Export Share by destination

CHINA: 30%, JAPAN: 12%, EU: 7%, KOREA: 6%, US: 5%, INDIA: 5%

Employment to population ratio

62 %.

Average Price of Residential Dwellings

$651,000

Household wealth as a share of income

738%

Household debt

as a share of income is 190%