* indicates monthly or quarterly data series

Economic growth - state rankings:

The average for 2018 was 4.35 percent.The highest value was in Queensland: 6.2 percent and the lowest value was in Northern Territory: 2.3 percent. Below is a chart for all states where data are available.
Economic growth: the rate of change of GDP, 2018
(percent, Source: Australian Bureau of Statistics, TheGlobalEconomy.com)



Definition: Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on current Australian dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
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