Composition of the Australian Economy Snapshot

Released on 7 August 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: 11%, Manufactured: 9%

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

$636,900

Household wealth as a share of income

737%

Household debt

as a share of income is 190%