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List of Australian states and territories by gross state product

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This is the most recent list of Australian states and territories by gross state product (GSP) and GSP per capita. Also included are the GSP and population growth tables as well as a comparison table showing the surplus/deficit between state final demand (SFD) and GSP for the same financial year. All the data was taken from the Australian Bureau of Statistics website.

States and territories by GSP per capita

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  > 100,000
  100,000 - 80,000
  80,000 - 70,000
  70,000 - 60,000
  < 60,000
State or territory GSP per capita
(A$, 2021–22) 		GSP per capita growth
(2021–22) 		GSP per capita as a
ratio to national
Western Australia 136,577 Increase 1.96% 1.632
Northern Territory 104,506 Increase 4.62% 1.249
Australian Capital Territory 99,969 Increase 1.45% 1.195
New South Wales 81,612 Increase 1.63% 0.975
Queensland 73,030 Increase 2.97% 0.873
Victoria 76,357 Increase 5.66% 0.874
South Australia 68,777 Increase 4.50% 0.822
Tasmania 64,408 Increase 3.50% 0.770
Australia (GDP) 83,678 Increase 3.10% 1.000

States and territories by GSP growth and share of national economy

[edit]
  > 500,000
  500,000 - 300,000
  200,000 - 100,000
  < 100,000
State or territory Share of National Economy
(%, 2021–22)[1] 		GSP
(million $AUD, 2009–10) 		GSP
(million $AUD, 2022–23) 		Annual Growth Rate
(2022–23)
New South Wales 30.65% 500,555 777,299 Increase 1.80%
Victoria 23.24% 360,958 568,866 Increase 5.60%
Queensland 17.84% 295,005 503,351 Increase 4.40%
Western Australia 17.50% 213,988 445,348 Increase 3.10%
South Australia 5.76% 98,685 142,035 Increase 4.70%
Australian Capital Territory 2.10% 29,917 51,206 Increase 1.90%
Tasmania 1.70% 27,350 40,527 Increase 1.70%
Northern Territory 1.21% 26,435 32,595 Increase 4.70%
Australia (GDP) 100.00% 1,542,946 2,561,227 Increase 3.60%

States and territories by population growth

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State or territory Population[2]
(June 2010) 		Population
(June 2024) 		National population share
(%, June 2024) 		Annual Growth Rate
(2019–24) 		Comparison as multiple of
(June 2010 vs. June 2024)
Victoria 5,461,101 6,929,000 26.07% Increase 1.49% 1.226
Australian Capital Territory 361,766 436,713 1.68% Increase 1.13% 1.192
Queensland 4,404,744 5,387,000 20.15% Increase 1.58% 1.175
Western Australia 2,290,845 2,918,000 10.36% Increase 1.47% 1.162
New South Wales 7,144,292 8,431,000 31.79% Increase 0.95% 1.143
South Australia 1,627,322 1,792,000 6.89% Increase 0.95% 1.087
Northern Territory 255,407 245,980 0.96% Decrease 0.07% 1.071
Tasmania 530,100 540,569 2.10% Increase 1.11% 1.062
Australia 22,028,695 27,594,000 100.00% Increase 1.27% 1.166

States and territories by comparison between SFD and GSP

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State or territory SFD[3]
(million A$, 2019–20) 		GSP
(million A$, 2018–19) 		Surplus / Deficit
New South Wales 603,043 629,117 26,074
Victoria 483,407 461,248 −22,159
Queensland 361,478 367,468 5,990
Western Australia 203,910 288,225 84,315
South Australia 118,626 109,843 −8,783
Australian Capital Territory 54,040 39,956 −14,084
Tasmania 35,142 31,993 −4,099
Northern Territory 23,482 24,830 1,348
Australia (DFD) 1,884,078 1,952,680 68,602

Historical gross state product (since 1989–90)

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See also

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References

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  1. ^ "Australian National Accounts: State Accounts". Australian Bureau of Statistics. 18 November 2022. Retrieved 21 October 2023.
  2. ^ "3101.0 – Australian Demographic Statistics, Jun 2020". Australian Bureau of Statistics. Retrieved 25 December 2020.
  3. ^ "State Final Demand, 2019–20) Financial Year". Australian Bureau of Statistics. Retrieved 25 December 2020.
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