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Australia is a highly developed country with a mixed economy. [30] [31] As of 2023, Australia was the 14th-largest national economy by nominal GDP (gross domestic product), [32] the 19th-largest by PPP-adjusted GDP, [33] and was the 21st-largest goods exporter and 24th-largest goods importer. [34]
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.
Economy of Australia by state or territory (19 C, 2 P) * Economy of Australia-related lists (6 C, 19 P) B. Australian billionaires (2 C, 87 P) Business in Australia ...
The Australian Bureau of Statistics (ABS) is an Australian Government agency that collects and analyses statistics on economic, population, environmental, and social issues to advise the Australian Government. [5]
Australia, officially the Commonwealth of Australia, [17] is a country comprising the mainland of the Australian continent, the island of Tasmania and numerous smaller islands. [18] Australia has a total area of 7,688,287 km 2 (2,968,464 sq mi), making it the sixth-largest country in the world and the largest in Oceania .
At the time, the future for some Australian wine producers seemed uncertain, but by 2015 a national study showed that the industry had recovered and the combined output of grape growing and winemaking were major contributors to the Australian economy's gross output [17] while the associated industry of wine tourism had also expanded. [18]
The Commonwealth of Australia comprises the mainland of the Australian continent, the major island of Tasmania, other nearby islands, and various external territories. [1] Neighbouring countries are Indonesia , East Timor , and Papua New Guinea to the north, the Solomon Islands , Vanuatu , and New Caledonia to the north-east, and New Zealand to ...
Mining in Australia has long been a significant primary sector industry and contributor to the Australian economy by providing export income, royalty payments and employment. Historically, mining booms have also encouraged population growth via immigration to Australia , particularly the gold rushes of the 1850s.