Composition of the Australian Economy Snapshot

Data in this snapshot are the latest available as at 5 November 2021.

 

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Industry Share of Output key sectors

Mining 11.5%, Finance 8.0%, Health and Education 13.2%, Manufacturing 6.0%, Construction 7.4%.

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 0.1%.

Export Share by type

Resources: 67.4%, Services: 11.7%, Rural: 10.5%, Manufactured: 7.8%

Export Share by destination

China: 36.5%, Japan: 10.4%, EU: 3.8%, Korea: 5.6%, US: 6.2%, India: 3.9%

Employment to population ratio

61.5%

Average Price of Residential Dwellings

$836,000

Household wealth as a share of income

895%

Household debt

as a share of income is 184%