Economy Of New South Wales
The economy of New South Wales represents a significant proportion of the Australian economy. The economy was valued at $382 billion in 2008-09, representing about 33% of Australia's total GDP.
| Economy of New South Wales | |
|---|---|
| Currency | Australian Dollar (A$ or AUD) |
| Fiscal year | 1 July - 30 June |
| Statistics | |
| GDP | $359.9 billion (2006/07) |
| GDP growth | 2.8% - 2006/07 |
| GDP per capita | A$50,000 (2006/07) |
| Unemployment | 6.1% (November 2009) |
| Main industries | mining, industrial and transportation equipment, food processing, chemicals, steel |
| External | |
| Exports | A$60.4 billion (2008-2009) |
| Export goods | coal, Aluminium, Refined petroleum, Copper ores & concentrates, Medicaments (incl veterinary), iron ore, wheat, machinery and transport equipment |
| Main export partners | Japan 32.5%, Republic of Korea 8.6%, United States 6.9%, China 6.9%, New Zealand 6.4% |
| Imports | A$100.8 billion (2008-2009) |
| Import goods | Medicaments (incl veterinary), Telecom equipment & parts, Passenger motor vehicles, Crude petroleum, Computers, Refined petroleum, Monitors, projectors & TVs, Office machines, Goods vehicles, Medical instruments (incl veterinary) |
| Main import partners | China 22.5%, United States 12.7%, Japan 7.4%, Germany 5.4%, UK 4.0% |
| Public finances | |
| Main data source: CIA World Fact Book All values, unless otherwise stated, are in US dollars |
|
Read more about Economy Of New South Wales: Economic History, Australia's Largest Economy, Growing Economy, Investment Climate, Exports, Agriculture
Famous quotes containing the words economy of, economy, south and/or wales:
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“Biography is a very definite region bounded on the north by history, on the south by fiction, on the east by obituary, and on the west by tedium.”
—Philip Guedalla (1889–1944)
“I just come and talk to the plants, really—very important to talk to them, they respond I find.”
—Charles, Prince Of Wales (b. 1948)