Composition of the Australian Economy Snapshot

Data in this snapshot are the latest available as at 7 January 2021.

 

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Industry Share of Output key sectors

Mining 11%, Finance 9%, Health and Education 13%, Manufacturing 6%, Construction 8%.

Output Share by State

Queensland 18%, New South Wales 32%, Victoria 24%, South Australia 6%, Western Australia 16%, Tasmania 2%.

Population

26 million. Annual growth is 1.3%.

Export Share by type

Resources: 63%, Services: 15%, Rural: 9%, Manufactured: 9%

Export Share by destination

China: 34%, Japan: 12%, EU: 8%, Korea: 6%, US: 5%, India: 4%

Employment to population ratio

62%

Average Price of Residential Dwellings

$690,000

Household wealth as a share of income

765%

Household debt

as a share of income is 180%