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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.
2022 data (2023-2024 report) rankings; Very high human development 1 Singapore: 0.949 2 Australia: 0.946 3 United Kingdom: 0.940 4 New Zealand: 0.939 5 Canada: 0.935 6 Malta: 0.915 7 Cyprus: 0.907 8 Saint Kitts and Nevis: 0.837 9 Antigua and Barbuda: 0.826 10 Brunei Darussalam: 0.823
Australia is a member of the APEC, G20, OECD and WTO. The country has also entered into free trade agreements with ASEAN, Canada, Chile, China, South Korea, Malaysia, New Zealand, Peru, Japan, Singapore, Thailand and the United States. [48] [49] [50] The ANZCERTA agreement with New Zealand has greatly increased integration with the economy of ...
This is the map and list of Asian countries by monthly average wage (annual divided by 12 months) gross and net income (after taxes) average wages for full-time employees in their local currency and in US Dollar. The chart below reflects the average (mean) wage as reported by various data providers.
These countries/regions could appear in this list as having a small GDP. This would be because the country/region listed has a small population, and therefore small total economy; the GDP is calculated as the population times market value of the goods and services produced per person in the country. [4]
Measures of personal income include average wage, real income, median income, disposable income and GNI per capita. Comparisons of GDP per capita are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries, see List of countries by GDP (PPP) per capita .
The average household monthly income was SGD 4,943 in 2000, which was an increase of $3,080 in 1990 at an average annual rate of 4.9%. The average household income experienced a drop of 2.7% in 1999 due to economic slowdown.
The median gross household income in 2017-2018 is A$1,701 per week or A$88,695 per year. As of 30 June 2018 (end of fiscal year), one Australia dollar is equivalent of 0.7406 U.S. dollar. Using this exchange rate, the median gross household income in Australia is US$65,687 in 2017–18. [16]