Composition of the Australian Economy Snapshot

Released on 5 December 2019

 

Download the complete Snapshot 243KB

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 33%, Victoria 23%, South Australia 6%, Western Australia 14%, Tasmania 2%.

Population

25 million. Annual growth is 1.6%.

Export Share by type

Resources: 60%, Services: 20%, Rural: 9%, 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

$638,900

Household wealth as a share of income

745%

Household debt

as a share of income is 190%