Economy of New South Wales
The economy of New South Wales represents a significant proportion of the Australian economy. The economy was valued at A$660.6 billion in 2021-22, representing 30.6% of Australia's total GDP.
The Sydney Opera House and CBD at dusk from Jeffrey Street, Kirribilli in December 2008. | |
| Currency | Australian Dollar (A$ or AUD) |
|---|---|
| 1 July - 30 June | |
| Statistics | |
GDP growth | 1.8% (2021/22) |
GDP per capita | A$81,612 (2021/22) |
| Unemployment | 3.6% (August 2023) |
Main industries | Services, mining, industrial and transportation equipment, food processing, chemicals, steel |
| External | |
| Exports | A$120.3 billion (2021/22) |
Export goods | Coal, Gold, Wheat, Aluminium, Refined Petroleum, Beef, Meat (Excl. Beef), Medical Instruments, Measuring & analysing instruments, Oil-seeds & oleaginous fruits (Soft). |
Main export partners | Japan 28.7% South Korea 9.1% Taiwan 7.8% China 5.9% United States 5% |
| Imports | A$187.1 billion (2021/22) |
Import goods | Telecom equipment & parts, Refined petroleum, Computers, Medicaments (incl veterinary), Goods vehicles |
Main import partners | China 29.7% United States 10.5% Japan 5.0% South Korea 4.7% Germany 4.5% |
All values, unless otherwise stated, are in US dollars. | |
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