Economy of New South Wales

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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