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
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