Composition of the Australian Economy Snapshot

Data in this snapshot are the latest available as at 22 May 2025.

 

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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

27.3 million. Annual growth is 1.8%.

Export Share by type

Resources: 58.7%, Services: 20.3%, Rural: 11.4%, Manufactured: 8.1%

Export Share by destination

China: 30.4%, Japan: 11.4%, Korea: 6.3%, US: 6.1%, India: 5.5%

Employment to population ratio

64.4%

Average Price of Residential Dwellings

$976,800

Household wealth as a share of income

898%

Household debt

as a share of income is 182%