Composition of the

Australian Economy
9 February 2023
SNAPSHOT
Industry Share
of Output Health &
Output Share
Education
key sectors
13.0%
by State
Finance QLD
Mining 7.6% 19.4%
14.6% WA
SA
7.3%
17.5%
5.6%
NSW
30.2%
Population
5.8%
Manufacturing Construction VIC
22.3% 26.0 million
TAS
1.7% 1.1 % annual
growth

Export Share Export Share Employment

by type by destination CHINA: 36.0%

JAPAN: 12.2%

to population ratio
Resources: 68.2%
Services: 11.4%
EU: 3.6%

KOREA: 7.1%

US: 4.6%
64.3%
Rural: 11.5% INDIA: 4.7%
Manufactured: 6.5%

Average Price of
Household Household

Residential wealth debt

Dwellings as a share as a share 188%
of income of income
$890,000
884%
Data in this snapshot are the latest available as at 9 February 2023
www.rba.gov.au

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Reserve Bank of Australia