Composition of the Australian Economy Snapshot

Data in this snapshot are the latest available as at 21 July 2021.

 

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Industry Share of Output key sectors

Mining 11.1%, Finance 8.9%, Health and Education 12.8%, Manufacturing 6.1%, Construction 7.7%.

Output Share by State

Queensland 18.2%, New South Wales 31.7%, Victoria 23.6%, South Australia 5.6%, Western Australia 15.9%, Tasmania 1.7%.

Population

25.7 million. Annual growth is 0.5%.

Export Share by type

Resources: 66.4%, Services: 12.7%, Rural: 10.6%, Manufactured: 8%

Export Share by destination

China: 36.2%, Japan: 10.4%, EU: 3.8%, Korea: 5.6%, US: 6.2%, India: 3.9%

Employment to population ratio

62.8%

Average Price of Residential Dwellings

$779,000

Household wealth as a share of income

843%

Household debt

as a share of income is 181%