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List of Australian states and territories by gross state product

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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. All the data was taken from the Australian Bureau of Statistics website.

States and territories by GSP per capita

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  > 100,000
  155,000 - 95,000
  95,000 - 85,000
  85,000 - 75,000
  < 75,000
State or territory GSP per capita
(A$, 2024–25)
GSP per capita growth
(2024–25)
GSP per capita as a
ratio to national
Western Australia 151,677 Increase 0.48% 1.542
Northern Territory 128,442 Increase 4.60% 1.306
Australian Capital Territory 118,775 Increase 3.96% 1.207
New South Wales 96,479 Increase 1.22% 0.981
Queensland 92,392 Increase 2.11% 0.939
Victoria 86,990 Increase 1.52% 0.884
South Australia 79,780 Increase 1.19% 0.811
Tasmania 74,342 Increase 1.38% 0.756
Australia (GDP) 98,362 Increase 1.43% 1.000

States and territories by GSP growth and share of national economy

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  > 500,000
  500,000 - 300,000
  200,000 - 100,000
  < 100,000
State or territory Annual Growth Rate
(%, 2024-25)[1]
Share of National Economy
(%, 2024-25)[2]
GSP
(million $AUD, FY 2024-5)
GSP
(million $AUD, FY 2009-10)
Australian Capital Territory Increase 3.54% 2.12% 57,582 29,917
Queensland Increase 2.23% 19.29% 523,847 295,005
Western Australia Increase 1.31% 17.00% 461,658 213,988
Victoria Increase 1.13% 22.66% 615,414 360,958
South Australia Increase 1.0% 5.59% 151,803 98,685
Tasmania Increase 1.0% 1.58% 42,821 27,350
Northern Territory Increase 1.04% 1.25% 33,960 26,435
New South Wales Increase 0.95% 30.53% 829,130 500,556
Australia (GDP) Increase 1.35% 100.00% 2,716,216 1,542,946

States and territories by population growth

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State or territory Population[3]
(June 2010)
Population
(June 2024)
National population share
(%, June 2024)
Annual Growth Rate
(2019–24)
Comparison as multiple of
(June 2010 vs. June 2024)
Victoria 5,461,101 7,011,100 26.07% Increase 1.49% 1.226
Australian Capital Territory 361,766 481,713 1.68% Increase 1.13% 1.192
Queensland 4,404,744 5,618,800 20.15% Increase 1.58% 1.175
Western Australia 2,290,845 3,008,700 10.36% Increase 1.47% 1.162
New South Wales 7,144,292 8,545,100 31.79% Increase 0.95% 1.143
South Australia 1,627,322 1,817,900 6.89% Increase 0.95% 1.087
Northern Territory 255,407 262.200 0.96% Decrease 0.07% 1.071
Tasmania 530,100 575,800 2.10% Increase 1.11% 1.062
Australia (GDP) 22,028,695 27,321,313 100.00% Increase 1.27% 1.166

States and territories by comparison between SFD and GSP

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State or territory SFD[4]
(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 (GDP) 1,884,078 1,952,680 68,602

Cities by GDP and GDP per capita

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Rank City GDP
(million A$,
2018–19)[5]
GSP per capita
(A$, 2018–19)
1 Sydney 461,440 86,500
2 Melbourne 369,439 72,600
3 Brisbane 177,006 70,300
4 Perth 146,880 70,300
5 Adelaide 85,254 62,600
6 Canberra 40,879 96,500

Historical gross state product (since 1989–90)

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See also

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References

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  1. ^ "Australian National Accounts: State Accounts". Australian Bureau of Statistics. 20 November 2025. Retrieved 22 December 2025.
  2. ^ "Australian National Accounts: State Accounts". Australian Bureau of Statistics. 20 November 2025. Retrieved 11 January 2026.
  3. ^ "3101.0 – Australian Demographic Statistics, Jun 2020". Australian Bureau of Statistics. Retrieved 25 December 2020.
  4. ^ "State Final Demand, 2019–20) Financial Year". Australian Bureau of Statistics. Retrieved 25 December 2020.
  5. ^ "Economic performance of Australia's cities and regions" (PDF), sgsep.com.au