Composition of the Australian Economy Snapshot

Released on 7 March 2019

 

Download the complete Snapshot 238KB

Industry Share of Output key sectors

  1. Health & Education 13%
  2. Finance 10%
  3. Construction 8%
  4. Mining 9%
  5. Manufacturing 6%

Output Share by State

  1. NSW 33%
  2. VIC 23%
  3. QLD 19%
  4. WA 14%
  5. SA 6%
  6. TAS 2%

Population

  • 25 million
  • 1.6% annual growth

Export Share by type

  1. Resources: 58%
  2. Services: 21%
  3. Rural: 10%
  4. Manufactured: 10%

Export Share by destination

  1. China: 30%
  2. Japan: 12%
  3. EU: 7%
  4. Korea: 6%
  5. US: 5%
  6. India: 5%

Employment to population ratio

62 %

Average Price of Residential Dwellings

$675,000

Household wealth as a share of income

762%

Household debt as a share of income

189%