List of Australian states and territories by gross state product

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[]

  > 100,000

  100,000 - 80,000

  80,000 - 70,000

  70,000 - 60,000

  < 60,000

State or territory	GSP per capita (A$, 2020–21)	GSP per capita growth (2020–21)	GSP per capita as a ratio to national
Western Australia	120,084	1.67%	1.491
Northern Territory	106,183	1.14%	1.320
Australian Capital Territory	100,523	2.04%	1.249
New South Wales	77,532	1.01%	0.964
Queensland	71,027	0.87%	0.883
Victoria	70,292	0.40%	0.874
South Australia	64,898	3.31%	0.807
Tasmania	62,942	3.17%	0.782
Australia (GDP)	80,461	3.80%	1.000

States and territories by GSP growth and share of national economy[]

  > 500,000

  500,000 - 300,000

  200,000 - 100,000

  < 100,000

State or territory	Share of National Economy (%, 2019–20)[1]	GSP (million A$, 2009–10)	GSP (million A$, 2019–20)	Annual Growth Rate (2019–20)
New South Wales	32.09%	500,555	624,923	2.48%
Victoria	23.57%	360,958	458,895	2.71%
Queensland	18.67%	295,005	363,524	2.32%
Western Australia	15.01%	213,988	292,284	3.66%
South Australia	5.56%	98,685	108,334	0.98%
Australian Capital Territory	2.10%	29,917	40,902	3.67%
Tasmania	1.65%	27,350	32,102	1.74%
Northern Territory	1.34%	20,354	26,153	2.85%
Australia (GDP)	100.00%	1,542,946	1,947,118	2.62%

States and territories by population growth[]

State or territory	Population[2] (June 2010)	Population (June 2020)	National population share (%, June 2020)	Annual Growth Rate (2019–20)	Comparison as multiple of (June 2010 vs. June 2020)
Victoria	5,461,101	6,694,884	26.07%	1.49%	1.226
Australian Capital Territory	361,766	431,114	1.68%	1.13%	1.192
Queensland	4,404,744	5,174,437	20.15%	1.58%	1.175
Western Australia	2,290,845	2,661,936	10.36%	1.47%	1.162
New South Wales	7,144,292	8,164,128	31.79%	0.95%	1.143
South Australia	1,627,322	1,769,319	6.89%	0.95%	1.087
Northern Territory	229,778	245,980	0.96%	0.07%	1.071
Tasmania	508,847	540,569	2.10%	1.11%	1.062
Australia	22,028,695	25,682,367	100.00%	1.27%	1.166

States and territories by comparison between SFD and GSP[]

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)[]

• Gross State Product (million A$) since 1989–90
• 

  New South Wales

• 

  Victoria

• 

  Queensland

• 

  Western Australia

• 

  South Australia

• 

  Australian Capital Territory

• 

  Tasmania

• 

  Northern Territory

• 

  Australia (GDP)

See also[]

• Economy of Australia
• Home ownership in Australia
• Median household income in Australia and New Zealand
• States and territories of Australia

References[]