Composition of the Australian Economy Snapshot

Released on 11 May 2020

 

Download the complete Snapshot 249KB

Snapshot Comparison

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

Industry Share of Output key sectors

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

Output Share by State

Queensland 19%, New South Wales 32%, Victoria 23%, South Australia 6%, Western Australia 15%, Tasmania 2%.

Population

25 million. Annual growth is 1.5%.

Export Share by type

Resources: 57%, Services: 21%, Rural: 10%, Manufactured: 10%

Export Share by destination

China: 31%, Japan: 13%, EU: 7%, Korea: 6%, US: 5%, India: 5%

Employment to population ratio

63%

Average Price of Residential Dwellings

$691,000

Household wealth as a share of income

798%

Household debt

as a share of income is 187%