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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.
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]
The state of Victoria is the second-largest economy in Australia after New South Wales, accounting for 23.24% of the nation's gross domestic product, valued at A$515.2 billion in 2022. [5] The economy is primarily built upon financial services, agriculture, healthcare and social assistance, tourism and construction.
The median annual wage was $56,840 in New York state and $37,500 in Mississippi. Still, knowing the median helps you see where you stand. Improving your income can impact your finances for decades ...
Average annual wages per full-time equivalent dependent employee are obtained by dividing the national-accounts-based total wage bill by the average number of employees in the total economy, which is then multiplied by the ratio of average usual weekly hours per full-time employee to average usually weekly hours for all employees.
However, Minnesota is not generally considered an expensive place to live, yet average salaries top $111,000 in the state, above the national average income of $105,833. Find out how your income ...
Curious about where your paycheck stands compared to the average middle-class American? According to Pew Research, the median income for middle-class households reached $106,100 in 2022. That's a ...
Below is a list of the Australian states and territories by the Human Development Index, as of 2022, which is a comparative measure of life expectancy, literacy, education, standard of living, and overall well-being of the citizens in each states. All Australian states have a very high (greater than 0.800) HDI value.