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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]
[73] [74] In 2014, using constant exchange rates, Australia's wealth had grown by 4.4% annually on average after the financial crisis of 2007–2008, compared with a 9.2% rate over 2000–2007. [75] Australia's sovereign credit rating is "AAA" for all three major rating agencies, higher than the United States of America.
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 ...
The gross average monthly wage estimates for 2023 are computed by converting national currency figures from the United Nations Economic Commission for Europe (UNECE) Statistical Database, compiled from national and international (the CIS, Eurostat, the OECD) official sources. Wages in U.S. dollars are computed by the UNECE Secretariat using ...
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.
Map of Australian states and internal territories by HDI in 2021. 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 ...
Housing in Queensland is the least affordable of any state or territory. [55] The average Queensland homeowner had to pay 40.5% of their household income towards home loan repayments and tenants on average paid 26.5% for rent during the first quarter of 2008. [55] Average wages rose by 7.5% in 2009, three times the national inflation rate. [56]