Statistical Snapshot, 2024-25

State Statistical Bulletin 2023-24

Statistics and Data

Author

Gregory O'Brien

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Executive summary

  • This paper, a companion to the Key Economic and Social Indicator Dashboard published by the Parliamentary Library, provides tables and charts for a broad range of social, demographic and economic indicators across all Australian states and territories, and compares these with Australian averages.
  • Each table presents data for the past five financial years to 2023-24, where available, while each chart plots data for the 2023-24 financial year or latest available year.
  • The State Statistical Bulletin is published twice per year covering data for either the previous financial year or calendar year.

Introduction

The purpose of this paper is to present a range of economic and other statistical indicators for the states and territories of Australia. To facilitate comparisons, indicators are presented in relative terms such as growth rates, percentages, or proportions of gross state product, so comparisons can be made using equivalent measures.

This publication is a companion to the Key Economic and Social Indicator Dashboard which contains Australia-wide data only, but on a more frequent basis.

A glossary of social, demographic and economic terms used in the tables is provided at the end of this publication.

Data Sources

Data sources are listed at the bottom of the page for each indicator. All data is from an original ABS series unless otherwise indicated as a trend or seasonally adjusted series.

Historical Data

Longer-term data series for every table in this paper and for the Parliamentary Library’s companion publication, the Key Economic and Social Indicator Dashboard is available. Please contact the Parliamentary Library if you would like a copy of these historical spreadsheets.

Chapter 1: Labour Market

1.1 Employment

Annual change  - per cent, 2023-24

  2019-20 2020-21 2021-22 2022-23 2023-24
Number employed (a) – '000
New South Wales 4 022.2 4 026.3 4 065.7 4 308.6 4 404.5
Victoria 3 352.1 3 289.2 3 418.7 3 565.2 3 690.6
Queensland 2 510.8 2 571.9 2 703.6 2 805.2 2 890.3
South Australia  850.5  860.7  897.1  927.8  943.5
Western Australia 1 369.0 1 397.1 1 478.5 1 525.1 1 583.2
Tasmania  260.2  267.7  278.3  285.3  284.1
Northern Territory  130.5  132.0  132.2  136.0  138.0
Australian Capital Territory  241.0  248.1  246.8  261.0  266.1
Australia 12 736.2 12 793.0 13 221.0 13 814.1 14 200.3
Annual change – per cent
New South Wales -0.3 0.1 1.0 6.0 2.2
Victoria 0.9 -1.9 3.9 4.3 3.5
Queensland 0.1 2.4 5.1 3.8 3.0
South Australia 0.0 1.2 4.2 3.4 1.7
Western Australia 0.8 2.1 5.8 3.2 3.8
Tasmania 2.0 2.9 4.0 2.5 -0.4
Northern Territory -1.2 1.2 0.2 2.8 1.5
Australian Capital Territory 3.4 3.0 -0.6 5.8 2.0
Australia 0.3 0.4 3.3 4.5 2.8

(a) Total full-time and part-time employed; Annual average of monthly data.

Source: Australian Bureau of Statistics (August 2024), Labour Force, Australia, Detailed

1.2 Unemployment

Unemployment rate - per cent, 2023-24

  2019-20 2020-21 2021-22 2022-23 2023-24
Number unemployed (a) – '000
New South Wales  214.0  259.0  180.0  144.7  168.3
Victoria  190.5  216.1  153.0  136.9  153.6
Queensland  169.6  183.3  126.2  106.3  123.1
South Australia  60.7  60.8  44.6  39.4  37.7
Western Australia  87.6  90.5  58.4  56.3  61.3
Tasmania  16.6  18.4  13.1  11.9  12.3
Northern Territory  9.4  9.0  6.9  6.1  6.4
Australian Capital Territory  8.8  10.8  10.0  8.4  10.3
Australia  757.2  847.8  592.3  510.0  572.9
Unemployment rate (b) – per cent
New South Wales 6.7 5.0 3.5 3.3 4.0
Victoria 7.1 4.7 3.7 3.7 4.5
Queensland 7.5 5.3 3.9 4.0 4.1
South Australia 7.9 5.2 4.4 3.9 4.0
Western Australia 7.4 4.7 3.3 3.6 3.8
Tasmania 6.5 5.0 4.2 4.2 4.2
Northern Territory 6.8 5.8 4.3 4.5 4.2
Australian Capital Territory 4.1 4.1 3.3 3.3 3.7
Australia 6.9 5.1 3.7 3.6 4.1

(a) Annual average of monthly data.
(b) Number unemployed as a proportion of the labour force, trend terms, as at June of financial year.
(c) The ABS advises caution when using trend series during the COVID period (April 2020 to March 2022) due to large month-to-month changes.

Source: Australian Bureau of Statistics (August 2024), Labour Force, Australia

1.3 Labour force

Participation rate - per cent, 2023–24

 

  2019-20 2020-21 2021-22 2022-23 2023-24
Labour force (a) – '000
New South Wales 4 236.2 4 285.3 4 245.7 4 453.3 4 572.8
Victoria 3 542.6 3 505.3 3 571.8 3 702.1 3 844.1
Queensland 2 680.3 2 755.2 2 829.8 2 911.4 3 013.4
South Australia  911.2  921.5  941.8  967.2  981.2
Western Australia 1 456.6 1 487.6 1 536.9 1 581.4 1 644.5
Tasmania  276.8  286.1  291.4  297.2  296.4
Northern Territory  139.9  140.9  139.1  142.1  144.4
Australian Capital Territory  249.8  258.9  256.8  269.3  276.5
Australia 13 493.4 13 640.8 13 813.3 14 324.1 14 773.2
Participation rate (b) (c) – per cent
New South Wales 63.3 65.6 65.5 65.9 66.0
Victoria 64.0 66.1 66.7 67.4 68.0
Queensland 63.3 66.2 66.8 66.4 67.2
South Australia 61.0 62.6 62.9 64.0 62.5
Western Australia 65.8 67.9 69.0 68.6 69.1
Tasmania 60.2 61.4 61.4 62.3 61.0
Northern Territory 73.5 73.3 72.4 72.6 72.9
Australian Capital Territory 70.9 70.7 71.4 72.5 72.6
Australia 63.9 65.7 66.5 66.7 66.9

(a) Annual average of monthly data.
(b) Labour force as a proportion of the civilian population aged 15 years and over trend series, as at June.
(c) The ABS advises caution when using trend series during the COVID period (April 2020 to March 2022) due to large month-to-month changes.

Source: Australian Bureau of Statistics (August 2024), Labour Force, Australia

1.4 Youth Unemployment

 

Unemployment rate - per cent, 2023-24

  2019-20 2020-21 2021-22 2022-23 2023-24
Number unemployed (a) – '000
New South Wales  76.0  83.7  59.4  48.0  62.4
Victoria  62.3  75.2  55.9  48.4  58.2
Queensland  67.8  61.5  46.6  40.8  49.6
South Australia  20.7  22.1  14.7  15.1  14.8
Western Australia  30.3  30.1  21.9  20.5  24.7
Tasmania  5.5  6.3  4.4  4.5  4.7
Northern Territory  3.1  3.0  2.0  2.1  2.2
Australian Capital Territory  3.7  3.7  3.6  3.0  4.2
Australia  271.5  282.4  208.0  183.4  221.9
Unemployment rate (a) – per cent
New South Wales 11.6 12.7 9.2 6.7 8.4
Victoria 11.9 14.2 10.5 8.5 9.9
Queensland 15.1 13.3 9.8 8.1 9.4
South Australia 14.3 14.8 9.7 9.4 9.3
Western Australia 13.8 13.4 9.3 8.2 9.7
Tasmania 12.8 14.3 10.3 10.3 10.7
Northern Territory 15.6 14.5 10.4 10.3 10.5
Australian Capital Territory 8.7 8.8 8.8 6.9 8.8
Australia 12.8 13.4 9.7 7.9 9.2

(a) 15-24 year olds, annual average of monthly data.
(b) 15-24 year olds, annual average of monthly rates, original terms.

Source: Australian Bureau of Statistics (August 2024), Labour Force, Australia

1.5 Underemployment

Underemployment rate - per cent, 2023-24

 

  2019-20 2020-21 2021-22 2022-23 2023-24
Number underemployed (a) – '000
New South Wales  387.4  367.7  314.6  261.8  287.8
Victoria  338.8  359.3  260.8  219.1  257.2
Queensland  250.6  244.3  205.5  190.9  207.1
South Australia  95.0  86.9  72.8  67.7  71.8
Western Australia  144.5  120.2  100.5  92.2  95.0
Tasmania  32.5  28.3  22.5  21.5  20.8
Northern Territory  9.5  8.7  7.8  6.4  5.6
Australian Capital Territory  15.0  15.1  15.2  13.0  13.5
Australia 1 273.3 1 230.5  999.7  872.7  958.9
Underemployment rate (b) – per cent
New South Wales 9.2 8.6 7.5 5.9 6.3
Victoria 9.6 10.3 7.3 5.9 6.7
Queensland 9.4 8.9 7.3 6.6 6.9
South Australia 10.4 9.4 7.7 7.0 7.3
Western Australia 9.9 8.1 6.5 5.8 5.8
Tasmania 11.8 9.9 7.7 7.2 7.0
Northern Territory 6.8 6.2 5.6 4.5 3.8
Australian Capital Territory 6.0 5.8 6.0 4.8 4.9
Australia 9.5 9.0 7.3 6.1 6.5

(a) Annual average of monthly data.
(b) Number underemployed as a proportion of the labour force, average of monthly rates.

Source: Australian Bureau of Statistics (August 2024), Labour Force, Australia

Chapter 2: Wages and Prices

2.1 Average weekly ordinary time earnings

2.1 Average weekly ordinary time earnings

  2019-20 2020-21 2021-22 2022-23 2023-24
AWOTE (a) (b) – $ per week
New South Wales 1 714.6 1 758.1 1 775.6 1 821.1 1 913.6
Victoria 1 677.9 1 734.6 1 755.3 1 813.4 1 870.1
Queensland 1 627.4 1 631.1 1 688.3 1 775.9 1 872.9
South Australia 1 513.4 1 556.3 1 607.2 1 667.9 1 756.2
Western Australia 1 809.3 1 860.1 1 916.6 2 013.9 2 101.0
Tasmania 1 469.0 1 504.4 1 555.1 1 602.9 1 690.4
Northern Territory 1 693.4 1 699.5 1 704.5 1 760.0 1 839.3
Australian Capital Territory 1 845.6 1 899.4 1 982.1 2 021.0 2 107.1
Australia 1 686.2 1 724.4 1 759.1 1 822.9 1 906.1
Annual change – per cent
New South Wales 4.3 2.5 1.0 2.6 5.1
Victoria 5.6 3.4 1.2 3.3 3.1
Queensland 3.3 0.2 3.5 5.2 5.5
South Australia 3.0 2.8 3.3 3.8 5.3
Western Australia 2.3 2.8 3.0 5.1 4.3
Tasmania 4.2 2.4 3.4 3.1 5.5
Northern Territory 1.6 0.4 0.3 3.3 4.5
Australian Capital Territory 1.9 2.9 4.4 2.0 4.3
Australia 4.1 2.3 2.0 3.6 4.6

(a) Annual average of bi-annual data.
(b) Average weekly ordinary time earnings for full-time adult employees.
Care should be taken when comparing average weekly earnings of states over time due to compositional changes.

Source: Australian Bureau of Statistics (May 2024), Average Weekly Earnings, Australia

2.2 Real average weekly ordinary time earnings

Annual change - per cent, 2023–24

 

  2019-20 2020-21 2021-22 2022-23 2023-24
Real AWOTE (a) (b) – $ per week
New South Wales 1 937.3 1 957.1 1 902.1 1 821.1 1 834.1
Victoria 1 893.4 1 929.7 1 876.9 1 813.1 1 798.0
Queensland 1 855.1 1 821.8 1 789.2 1 753.5 1 777.3
South Australia 1 730.0 1 752.8 1 736.5 1 669.5 1 676.2
Western Australia 2 109.6 2 134.8 2 075.9 2 053.7 2 053.4
Tasmania 1 665.2 1 675.0 1 649.5 1 586.9 1 620.2
Northern Territory 2 008.7 1 977.1 1 870.8 1 815.9 1 831.6
Australian Capital Territory 2 122.3 2 139.3 2 129.4 2 039.2 2 051.7
Australia 1 918.0 1 930.1 1 885.2 1 825.3 1 831.6
Annual change – per cent
New South Wales 3.3 1.0 -2.8 -4.3 0.7
Victoria 3.9 1.9 -2.7 -3.4 -0.8
Queensland 2.1 -1.8 -1.8 -2.0 1.4
South Australia 1.2 1.3 -0.9 -3.9 0.4
Western Australia 0.9 1.2 -2.8 -1.1 0.0
Tasmania 1.7 0.6 -1.5 -3.8 2.1
Northern Territory 1.4 -1.6 -5.4 -2.9 0.9
Australian Capital Territory 0.7 0.8 -0.5 -4.2 0.6
Australia 2.7 0.6 -2.3 -3.2 0.3

(a) Annual average.
(b) Average weekly ordinary time earnings for full-time adult employees expressed in average 2022–23 dollars; converted to real terms using the Consumer Price Index for each state or territory.
Care should be taken when comparing average weekly earnings of states over time due to compositional changes.

Sources: Australian Bureau of Statistics, Average Weekly Earnings, Australia; Australian Bureau of Statistics, Consumer Price Index, Australia

2.3 Male total average weekly earnings

Dollars per week, 2023–24

  2019-20 2020-21 2021-22 2022-23 2023-24
MTAWE (a) (b) – $ per week
New South Wales 1 551.5 1 572.0 1 577.8 1 620.9 1 692.6
Victoria 1 471.1 1 504.7 1 549.6 1 586.5 1 654.1
Queensland 1 486.0 1 490.8 1 566.6 1 622.1 1 695.7
South Australia 1 327.8 1 353.8 1 421.5 1 456.5 1 539.0
Western Australia 1 710.4 1 754.7 1 811.7 1 899.8 1 930.8
Tasmania 1 282.9 1 279.5 1 326.2 1 388.9 1 448.5
Northern Territory 1 602.7 1 559.3 1 562.5 1 658.4 1 714.9
Australian Capital Territory 1 597.0 1 638.8 1 727.2 1 785.1 1 836.6
Australia 1 518.0 1 541.0 1 582.1 1 631.1 1 698.3
Annual change – per cent
New South Wales 3.0 1.3 0.4 2.7 4.4
Victoria 4.6 2.3 3.0 2.4 4.3
Queensland 2.9 0.3 5.1 3.5 4.5
South Australia 4.0 2.0 5.0 2.5 5.7
Western Australia 4.1 2.6 3.2 4.9 1.6
Tasmania 1.4 -0.3 3.7 4.7 4.3
Northern Territory 1.9 -2.7 0.2 6.1 3.4
Australian Capital Territory -2.7 2.6 5.4 3.4 2.9
Australia 3.4 1.5 2.7 3.1 4.1

(a) Annual average of bi-annual data.
(b) Total average weekly earnings for all male employees. Not adjusted for CPI.

Source: Australian Bureau of Statistics (May 2024), Average Weekly Earnings, Australia

2.4 Female total average weekly earnings

Dollars per week, 2023–24

  2019-20 2020-21 2021-22 2022-23 2023-24
FTAWE (a) (b) – $ per week
New South Wales 1 082.4 1 085.7 1 152.3 1 176.8 1 257.2
Victoria 1 054.3 1 059.4 1 067.4 1 141.0 1 207.9
Queensland 1 032.6 1 029.8 1 073.5 1 143.8 1 221.7
South Australia  955.1  987.5 1 024.8 1 054.5 1 103.3
Western Australia 1 026.4 1 028.7 1 100.4 1 172.9 1 211.5
Tasmania  898.2  950.7  979.0 1 037.4 1 071.9
Northern Territory 1 250.9 1 214.0 1 256.3 1 270.6 1 321.8
Australian Capital Territory 1 375.4 1 359.9 1 394.6 1 442.0 1 517.0
Australia 1 055.4 1 059.8 1 104.4 1 157.5 1 225.4
Annual change – per cent
New South Wales 2.9 0.3 6.1 2.1 6.8
Victoria 6.4 0.5 0.8 6.9 5.9
Queensland 6.7 -0.3 4.2 6.5 6.8
South Australia 5.3 3.4 3.8 2.9 4.6
Western Australia 6.5 0.2 7.0 6.6 3.3
Tasmania 5.1 5.8 3.0 6.0 3.3
Northern Territory 5.1 -2.9 3.5 1.1 4.0
Australian Capital Territory 6.5 -1.1 2.6 3.4 5.2
Australia 5.2 0.4 4.2 4.8 5.9

(a) Annual average of bi-annual data.
(b) Total average weekly earnings for all female employees. Not adjusted for CPI.

Source: Australian Bureau of Statistics (May 2024), Average Weekly Earnings, Australia

2.5 Wage price index

Annual change - per cent, 2023–24

  2019-20 2020-21 2021-22 2022-23 2023-24
Wage price index (a) (b)
New South Wales  133.6  136.0  139.6  144.4  150.4
Victoria  135.5  138.0  141.5  146.6  151.5
Queensland  133.8  136.1  140.1  145.3  152.0
South Australia  135.1  137.2  140.3  145.5  151.2
Western Australia  133.0  135.1  138.7  144.5  150.5
Tasmania  135.4  138.4  142.4  147.9  155.5
Northern Territory  134.6  137.1  139.9  144.5  150.0
Australian Capital Territory  132.6  134.8  138.2  143.7  149.6
Australia  134.1  136.5  140.1  145.2  151.1
Annual change – per cent
New South Wales 2.0 1.5 2.4 3.3 3.3
Victoria 2.4 1.5 2.3 3.4 3.4
Queensland 1.9 1.6 2.4 3.6 3.6
South Australia 2.4 1.6 2.1 3.5 3.5
Western Australia 1.7 1.4 2.2 3.8 3.8
Tasmania 2.4 1.9 2.8 3.8 3.8
Northern Territory 2.3 1.8 2.1 2.9 2.9
Australian Capital Territory 2.3 1.4 2.5 3.3 3.3
Australia 2.1 1.5 2.4 3.5 3.5

(a) Index value at June of the financial year.
(b) Total hourly rate of pay index excluding bonuses, all sectors. Base: 2008–09 = 100.0.

Source: Australian Bureau of Statistics (June 2024), Wage Price Index, Australia

2.6 Consumer price index


Annual change - per cent, 2023-24

  2019-20 2020-21 2021-22 2022-23 2023-24
Consumer price index (a)
Sydney  116.4  118.2  122.8  131.6  137.3
Melbourne  116.6  118.3  123.0  131.6  136.8
Brisbane  115.4  117.8  124.1  133.2  138.6
Adelaide  115.1  116.8  121.8  131.4  137.8
Perth  112.8  114.6  121.5  129.0  134.6
Hobart  116.1  118.2  124.0  132.9  137.3
Darwin  110.9  113.1  119.9  127.5  132.1
Canberra  114.4  116.8  122.5  130.4  135.1
Weighted average eight
capital cities
 115.7  117.5  122.8  131.4  136.9
Annual change – per cent (b)
Sydney 1.0 1.5 3.9 7.1 4.3
Melbourne 1.7 1.4 4.0 6.9 4.0
Brisbane 1.2 2.1 5.4 7.3 4.1
Adelaide 1.8 1.5 4.2 7.9 4.9
Perth 1.3 1.6 6.0 6.2 4.3
Hobart 2.4 1.8 5.0 7.1 3.3
Darwin 0.2 2.0 6.0 6.4 3.6
Canberra 1.2 2.1 4.8 6.5 3.6
Weighted average eight
capital cities
1.3 1.6 4.4 7.0 4.2

(a) Annual average of quarterly data; base year for CPI is 2011-12.
(b) Change in the annual averages of table above.

Source: Australian Bureau of Statistics (Jun-quarter-2024), Consumer Price Index, Australia

Chapter 3: State Accounts

3.1 Gross state product

Annual change - per cent, 2022–23

  2018-19 2019-20 2020-21 2021-22 2022-23
Gross state product, chain volume measures – $ million
New South Wales  680 189  673 316  688 693  706 732  733 087
Victoria  493 087  491 651  490 667  521 709  535 489
Queensland  423 285  418 498  430 157  454 026  464 580
South Australia  117 925  116 749  122 455  129 272  134 209
Western Australia  376 299  380 717  393 223  404 762  418 775
Tasmania  34 897  34 931  36 598  38 171  38 584
Northern Territory  29 020  30 758  30 253  31 792  30 123
Australian Capital Territory  42 197  43 759  45 467  46 757  48 767
Australia 2 198 775 2 191 416 2 237 695 2 333 221 2 403 614
Annual change – per cent
New South Wales 2.6 -1.0 2.3 2.6 3.7
Victoria 3.0 -0.3 -0.2 6.3 2.6
Queensland 0.9 -1.1 2.8 5.5 2.3
South Australia 1.2 -1.0 4.9 5.6 3.8
Western Australia 1.7 1.2 3.3 2.9 3.5
Tasmania 3.7 0.1 4.8 4.3 1.1
Northern Territory -1.1 6.0 -1.6 5.1 -5.3
Australian Capital Territory 4.2 3.7 3.9 2.8 4.3
Australia 2.2 -0.3 2.1 4.3 3.0

Note: Gross state product is only published on a financial year basis. 2023-24 figures will be released on 20/11/2024.

Source: Australian Bureau of Statistics (2022-23-financial-year), Australian National Accounts: State Accounts

3.2 Gross state product per capita

 

Annual change, 2022–23, percent

 

  2018-19 2019-20 2020-21 2021-22 2022-23
Gross state product per capita, chain volume measures (a) – $
New South Wales  84 986  83 245  85 084  87 238  88 932
Victoria  76 097  74 605  74 715  79 455  79 768
Queensland  83 878  81 583  82 973  86 300  86 321
South Australia  67 166  65 629  68 239  71 590  73 145
Western Australia  142 732  141 594  144 133  146 493  147 998
Tasmania  64 275  63 128  65 135  67 129  67 444
Northern Territory  118 007  124 923  122 075  128 129  120 231
Australian Capital Territory  97 959  99 392  101 569  103 291  105 776
Australia  87 456  85 885  87 322  90 553  91 439
Annual change – per cent
New South Wales 1.3 -2.0 2.2 2.5 1.9
Victoria 1.1 -2.0 0.1 6.3 0.4
Queensland -0.8 -2.7 1.7 4.0 0.0
South Australia 0.0 -2.3 4.0 4.9 2.2
Western Australia 0.3 -0.8 1.8 1.6 1.0
Tasmania 1.5 -1.8 3.2 3.1 0.5
Northern Territory -0.8 5.9 -2.3 5.0 -6.2
Australian Capital Territory 1.6 1.5 2.2 1.7 2.4
Australia 0.6 -1.8 1.7 3.7 1.0

Note: Gross state product is only published on a financial year basis. 2023-24 figures will be released on 20/11/2024.

Source: Australian Bureau of Statistics (2022-23-financial-year), Australian National Accounts: State Accounts

3.3 Labour productivity

Gross State Product per hour worked, 2022-23, $

 

  2018-19 2019-20 2020-21 2021-22 2022-23
Gross State Product per hour worked, $
New South Wales 429.5 432.1 445.4 461.8 444.2
Victoria 386.1 393.4 403.7 411.3 399.4
Queensland 429.9 432.4 436.2 443.4 437.7
South Australia 361.6 370.8 380.4 387.8 389.2
Western Australia 700.0 717.7 727.1 708.9 710.2
Tasmania 368.6 374.2 373.6 378.1 370.8
Northern Territory 523.6 578.2 577.8 598.2 550.1
Australian Capital Territory 478.0 486.4 484.8 506.8 502.2
Australia 444.4 451.1 460.9 469.2 458.4
Annual change – per cent
New South Wales -1.9 0.6 3.1 3.7 -3.8
Victoria -2.4 1.9 2.6 1.9 -2.9
Queensland -1.8 0.6 0.9 1.7 -1.3
South Australia -3.2 2.5 2.6 1.9 0.4
Western Australia -2.4 2.5 1.3 -2.5 0.2
Tasmania 0.6 1.5 -0.2 1.2 -1.9
Northern Territory 0.9 10.4 -0.1 3.5 -8.0
Australian Capital Territory 1.6 1.8 -0.3 4.5 -0.9
Australia -2.0 1.5 2.2 1.8 -2.3

(a) Gross state product (chain volume measures) per hour worked, all sectors (i.e. market and non-market sectors).
Note: Gross state product is only published on a financial year basis. 2023-24 figures will be released on 20/11/2024.

Source: Australian Bureau of Statistics (2022-23-financial-year), Australian National Accounts: State Accounts; Australian Bureau of Statistics (December 2023), Labour Force, Australia, Detailed

Chapter 4: Business Conditions

4.1 Value of retail sales

Annual change - per cent, 2023–24

  2019-20 2020-21 2021-22 2022-23 2023-24
Value (a) – $ million
New South Wales  105 605  116 269  119 812  132 969  133 979
Victoria  86 958  89 893  99 122  108 464  110 536
Queensland  68 690  76 579  81 031  86 497  88 173
South Australia  21 938  23 613  24 765  27 039  27 760
Western Australia  35 880  40 753  43 643  46 822  48 334
Tasmania  6 945  7 708  7 985  8 408  8 585
Northern Territory  3 218  3 598  3 647  3 805  3 934
Australian Capital Territory  6 272  7 038  6 942  7 849  8 098
Australia  335 507  365 452  386 946  421 851  429 399
Annual change – per cent
New South Wales 1.3 10.1 3.0 11.0 0.8
Victoria 2.3 3.4 10.3 9.4 1.9
Queensland 5.9 11.5 5.8 6.7 1.9
South Australia 3.1 7.6 4.9 9.2 2.7
Western Australia 5.2 13.6 7.1 7.3 3.2
Tasmania 6.2 11.0 3.6 5.3 2.1
Northern Territory 3.8 11.8 1.3 4.3 3.4
Australian Capital Territory 4.1 12.2 -1.4 13.1 3.2
Australia 3.2 8.9 5.9 9.0 1.8

Source: Australian Bureau of Statistics (August 2024), Retail Trade, Australia

4.2 Dwelling approvals

Annual change - per cent, 2023–24

 

 

  2019-20 2020-21 2021-22 2022-23 2023-24
Number (a)
New South Wales  48 748  60 213  54 831  52 481  42 425
Victoria  60 502  68 718  65 958  55 390  51 726
Queensland  30 492  41 914  38 493  35 873  32 929
South Australia  11 734  14 078  12 770  12 507  11 264
Western Australia  14 344  26 947  18 902  14 161  17 378
Tasmania  3 198  4 292  3 309  3 079  2 580
Northern Territory   582   795   529   589   434
Australian Capital Territory  4 928  5 017  6 195  3 856  4 502
Australia  174 528  221 974  200 987  177 936  163 238
Annual change – per cent
New South Wales -15.9 23.5 -8.9 -4.3 -19.2
Victoria 0.3 13.6 -4.0 -16.0 -6.6
Queensland -8.1 37.5 -8.2 -6.8 -8.2
South Australia 9.0 20.0 -9.3 -2.1 -9.9
Western Australia -7.1 87.9 -29.9 -25.1 22.7
Tasmania -0.7 34.2 -22.9 -7.0 -16.2
Northern Territory -14.4 36.6 -33.5 11.3 -26.3
Australian Capital Territory -20.3 1.8 23.5 -37.8 16.8
Australia -7.0 27.2 -9.5 -11.5 -8.3

(a) Houses and other dwellings (e.g. flats) intended for long-term residential use; includes both private and public sector dwellings.

Source: Australian Bureau of Statistics (August 2024), Building Approvals, Australia

4.3 Business investment

Annual change - per cent, 2022-23

  2018-19 2019-20 2020-21 2021-22 2022-23
Chain volume measures (a) – $ million
New South Wales  68 884  66 655  69 167  72 002  78 088
Victoria  54 312  53 021  51 103  56 553  61 461
Queensland  46 060  44 185  42 941  46 948  49 403
South Australia  13 701  13 129  13 471  16 068  17 702
Western Australia  38 184  42 062  45 018  47 168  48 916
Tasmania  3 313  3 208  3 416  3 842  3 870
Northern Territory  3 504  2 742  3 087  4 151  4 348
Australian Capital Territory  2 882  3 339  2 964  3 596  3 255
Australia  220 736  217 883  220 154  234 731  234 731
Annual change – per cent
New South Wales 5.8 -3.2 3.8 4.1 8.5
Victoria 7.4 -2.4 -3.6 10.7 8.7
Queensland -8.0 -4.1 -2.8 9.3 5.2
South Australia -1.4 -4.2 2.6 19.3 10.2
Western Australia -8.3 10.2 7.0 4.8 3.7
Tasmania 2.0 -3.2 6.5 12.5 0.7
Northern Territory -59.6 -21.7 12.6 34.5 4.7
Australian Capital Territory 3.6 15.9 -11.2 21.3 -9.5
Australia -2.0 -1.3 1.0 6.6 0.0

(a) Private business gross fixed capital formation for other buildings and structures, machinery and equipment, livestock and intangible fixed assets.
Note: National account data is only available for financial years. 2023-24 figures will be released on 20/11/2024.

Source: Australian Bureau of Statistics (2022-23-financial-year), Australian National Accounts: State Accounts

Chapter 5: Housing

5.1 Lending for owner occupied housing

Annual change - per cent, 2023–24

  2019-20 2020-21 2021-22 2022-23 2023-24
Value (a) – $ million
New South Wales  53 797  77 032  84 667  61 744  63 560
Victoria  49 341  66 653  75 869  57 197  57 802
Queensland  28 112  45 005  47 184  38 557  40 272
South Australia  9 017  13 139  13 534  11 494  11 682
Western Australia  13 061  24 155  24 274  20 329  22 084
Tasmania  2 589  3 621  3 355  3 087  2 777
Northern Territory   713  1 242  1 303  1 124   928
Australian Capital Territory  4 125  5 762  6 150  5 078  4 513
Australia  160 755  236 609  256 335  198 610  203 618
Annual change – per cent
New South Wales 13.5 43.2 9.9 -27.1 2.9
Victoria 9.7 35.1 13.8 -24.6 1.1
Queensland 5.6 60.1 4.8 -18.3 4.4
South Australia 0.2 45.7 3.0 -15.1 1.6
Western Australia 2.4 84.9 0.5 -16.3 8.6
Tasmania -1.4 39.9 -7.3 -8.0 -10.0
Northern Territory -11.8 74.2 4.8 -13.7 -17.5
Australian Capital Territory 9.8 39.7 6.7 -17.4 -11.1
Australia 8.6 47.2 8.3 -22.5 2.5

(a) Lending commitments by all types of lenders for the construction and purchase of new or established owner occupied dwellings excluding refinancing.

Source: Australian Bureau of Statistics (August 2024), Lending indicators

Chapter 6: Public Sector Finances

6.1 General government sector fiscal balance

Percentage of gross state product, 2022–23

  2018-19 2019-20 2020-21 2021-22 2022-23
General government sector fiscal balance (a) – $ million
New South Wales -8 456 -18 781 -16 806 -25 800 -24 807
Victoria -6 049 -17 576 -27 778 -30 149 -21 977
Queensland -2 883 -10 171 -6 856  136 5 884
South Australia  196 -2 908 -2 702 -3 048 -1 632
Western Australia  279 - 169 4 077 2 837 2 503
Tasmania - 231 - 770 - 542 - 687 - 828
Northern Territory - 867 -1 230 - 878 - 657 - 482
Australian Capital Territory -1 419 -1 076 - 760 - 913 -1 310
Total (b) -19 459 -52 669 -52 233 -58 278 -42 687
General government sector fiscal balance – percentage of gross state product
New South Wales -1.3 -3.0 -2.6 -3.7 -3.2
Victoria -1.3 -3.7 -5.8 -5.8 -3.9
Queensland -0.8 -2.8 -1.9 0.0 1.2
South Australia 0.2 -2.6 -2.3 -2.4 -1.1
Western Australia 0.1 -0.1 1.1 0.7 0.6
Tasmania -0.7 -2.3 -1.5 -1.8 -2.0
Northern Territory -3.4 -4.6 -3.5 -2.1 -1.5
Australian Capital Territory -3.5 -2.5 -1.7 -2.0 -2.6
Total (c) -1.0 -2.7 -2.5 -2.5 -1.7

(a) The financing requirement of government. A positive sign, or fiscal surplus, indicates a net lending position; a negative sign, or fiscal deficit, indicates a net borrowing position.
(b) The sum of all state and territory jurisdictions may not agree with the total, due to transfers between jurisdictions.
Note: The 2023-24 Government Finance Statistics publication will be released in April 2025.

Sources: Australian Bureau of Statistics (2022-23), Government Finance Statistics, Annual

6.2 State and local government taxation revenue

Dollars per capita, 2022-23

  2019-20 2019-20 2020-21 2021-22 2022-23
General government sector taxation revenue – $ million
New South Wales 36 064 35 660 39 150 44 826 45 604
Victoria 29 195 28 934 29 665 36 996 38 935
Queensland 18 293 18 361 20 514 24 562 25 518
South Australia 6 207 6 244 6 661 7 445 7 859
Western Australia 10 978 11 489 12 472 14 173 15 059
Tasmania 1 604 1 691 1 811 1 999 2 093
Northern Territory  801  633  676  892  872
Australian Capital Territory 1 934 1 949 2 059 2 424 2 587
Total (a) 105 076 104 960 113 007 133 316 138 529
General government sector taxation revenue per capita - $
New South Wales 4 506 4 409 4 837 5 533 5 529
Victoria 4 506 4 391 4 517 5 634 5 795
Queensland 3 625 3 579 3 957 4 669 4 738
South Australia 3 535 3 510 3 712 4 123 4 281
Western Australia 4 164 4 273 4 572 5 130 5 315
Tasmania 2 954 3 056 3 223 3 515 3 658
Northern Territory 3 257 2 571 2 728 3 595 3 477
Australian Capital Territory 4 490 4 427 4 600 5 355 5 610
Commonwealth 18 128 17 542 18 768 21 366 23 496

(a) Total is the sum of taxation revenue from all state and local government sources, not taxation revenue for Australia as it excludes Commonwealth taxation.

Source: Australian Bureau of Statistics (2022-23), Taxation Revenue, Australia

Chapter 7: Exports

7.1 Merchandise exports

Percentage of gross state product, 2022–23

  2018-19 2019-20 2020-21 2021-22 2022-23
Merchandise exports (a) – $ million
New South Wales  53 820  48 747  44 883  80 708  97 781
Victoria  28 148  28 340  25 171  31 728  33 706
Queensland  87 249  76 248  57 890  119 976  128 759
South Australia  11 716  11 129  12 734  14 600  17 421
Western Australia  162 318  184 337  223 001  240 382  268 983
Tasmania  3 658  3 645  3 821  4 740  4 402
Northern Territory  9 412  12 387  9 405  17 108  16 061
Australian Capital Territory   17   81   55   125   33
Australia (b)  372 621  381 989  395 024  531 126  590 440
Merchandise exports – percentage of gross state product
New South Wales   8.6   7.8   6.9   11.4   12.6
Victoria   6.1   6.0   5.3   6.1   5.9
Queensland   23.8   21.1   15.7   26.4   25.6
South Australia   10.7   10.1   10.7   11.3   12.3
Western Australia   56.6   58.9   60.8   59.4   60.4
Tasmania   11.4   11.1   10.9   12.4   10.9
Northern Territory   37.4   46.6   37.4   53.8   49.3
Australian Capital Territory   0.0   0.2   0.1   0.3   0.1
Australia (b)   19.1   19.2   18.9   22.8   23.1

(a) State in which the final stage of manufacture or production occurs. FOB value.
(b) Includes re-exports and state figures not available for publication. Australian total, therefore, may not equal sum of states and territories.

Sources: Australian Bureau of Statistics (September 2023), International Trade in Goods and Services, Australia; Australian Bureau of Statistics (2022-23-financial-year), Australian National Accounts: State Accounts

Chapter 8: Social Statistics

8.1 Population

Annual change - per cent, 2022–23

  2017-18 2018-19 2019-20 2021-22 2022-23
Population (a) – '000
New South Wales 8 046.7 8 110.6 8 097.1 8 166.7 8 339.3
Victoria 6 537.3 6 615.0 6 547.8 6 630.6 6 812.5
Queensland 5 088.8 5 165.6 5 215.8 5 320.9 5 459.4
South Australia 1 767.4 1 790.4 1 802.6 1 821.2 1 851.7
Western Australia 2 659.6 2 712.9 2 749.4 2 791.8 2 878.6
Tasmania  547.8  557.6  567.2  571.1  572.8
Northern Territory  246.6  247.4  248.2  250.2  252.5
Australian Capital Territory  435.7  444.9  452.5  456.9  466.8
Australia 25 334.8 25 649.2 25 685.4 26 014.4 26 638.5
Annual change – per cent
New South Wales 1.2 0.8 -0.2 0.9 2.1
Victoria 1.8 1.2 -1.0 1.3 2.7
Queensland 1.6 1.5 1.0 2.0 2.6
South Australia 1.2 1.3 0.7 1.0 1.7
Western Australia 1.6 2.0 1.3 1.5 3.1
Tasmania 2.0 1.8 1.7 0.7 0.3
Northern Territory -0.2 0.4 0.3 0.8 0.9
Australian Capital Territory 2.3 2.1 1.7 1.0 2.2
Australia 1.5 1.2 0.1 1.3 2.4

(a) Estimated resident population numbers are as at June of each year.
Note: June 2024 population figures will be released in December 2024.

Source: Australian Bureau of Statistics (June 2023), National, state and territory population

8.2 Capped apparent school retention rates

Capped apparent retention rates from Year 7/8 to Year 12, 2023

 

  2019 2020 2021 2022 2023
Apparent retention rates from Year 10 to Year 12 (a)
New South Wales 75.8 77.5 76.3 73.2 73.0
Victoria 83.3 83.9 83.9 82.1 81.9
Queensland 88.1 83.7 83.2 81.0 80.7
South Australia 89.1 88.6 87.1 86.0 85.0
Western Australia 85.5 85.8 85.6 82.0 82.0
Tasmania 74.3 73.9 74.5 71.7 69.0
Northern Territory 64.1 70.4 67.5 62.6 61.8
Australian Capital Territory 89.8 90.1 89.7 87.8 87.7
Australia 82.0 82.1 81.6 79.0 78.7
Apparent retention rates from Year 7/8 to Year 12 (b)
New South Wales 77.1 78.4 77.1 75.5 74.2
Victoria 87.4 87.6 87.5 84.5 82.6
Queensland 91.3 85.3 85.3 82.2 80.9
South Australia 93.4 92.7 91.1 88.3 86.3
Western Australia 83.5 83.9 83.6 80.5 80.0
Tasmania 75.5 74.9 75.7 72.3 68.7
Northern Territory 54.3 57.8 56.8 54.2 51.7
Australian Capital Territory 94.0 91.9 90.9 87.9 89.2
Australia 84.0 83.6 83.1 80.5 79.1

(a) The number of full-time school students in Year 12 expressed as a percentage of the corresponding group at the commencement of their Year 10 schooling.
(b) The number of full-time school students in Year 12 expressed as a percentage of the corresponding group at the commencement of their secondary schooling.

Source: Australian Bureau of Statistics (2023), Schools

8.3 General practice bulk billing

Bulk billing rate , 2023–24

  2020-21 2021-22 2021-22 2022-23 2023-24
General practice bulk billing rate (a) – per cent
New South Wales   89.8   90.7   91.0   84.2   81.9
Victoria   87.2   89.4   88.6   80.9   78.2
Queensland   87.2   88.1   87.2   78.6   75.4
South Australia   86.6   87.8   87.0   76.7   73.6
Western Australia   86.7   86.8   85.9   76.0   70.3
Tasmania   78.3   79.6   78.3   70.2   70.1
Northern Territory   89.5   90.3   87.9   74.3   73.6
Australian Capital Territory   67.9   69.1   70.4   56.6   52.9
Australia   87.5   88.8   88.3   80.2   93.7

(a) Proportion of general practitioner attendances (excluding practice nurse), enhanced primary care and other non-referred attendances that are bulk billed.
Note: This data is only published on a financial year basis.

Source: Department of Health and Aged Care,  Annual Medicare Statistics, 2023-24