No. 3 - Department of Treasury - The Western Australian Government

2006 No.3 Western Australian Economic SummaryMEASURES OF ECONOMIC GROWTHWestern Australia, Annual2005-06 2004-05 2003-04Real Gross State Income 10.6% 8.5% 8.4%Nominal Gross State Product 15.9% 11.2% 7.4%Real Gross State Product 4.9% 4.7% 7.6%Source: ABS Cat. 5220.0OUTPUT BY INDUSTRYShare of Factor Income, 2005-06Western AustraliaAustraliaMining 27.4% 7.7%Manufacturing 7.8% 11.0%Construction 8.0% 7.1%Other production 6.0% 5.5%Wholesale & retail 8.5% 11.0%Transport 4.1% 4.2%Finance 3.8% 7.7%Property etc services 10.4% 12.6%Health & community services 5.4% 6.6%Other services 9.0% 12.7%Other 9.6% 13.9%Source: ABS Cat. 5220.0EXPORTS AS % GDP/GSPCurrent Prices, By State, 2005-06Goods Services TotalNSW 9.5% 5.4% 14.9%Vic 8.7% 4.3% 13.1%Qld 19.8% 3.9% 23.7%SA 14.5% 2.7% 17.2%WA 42.3% 3.0% 45.3%Tas 16.7% 2.1% 18.8%NT 22.2% 5.8% 27.9%ACT 0.1% 4.6% 4.7%Aus 15.7% 4.3% 20.1%Source: ABS Cat. 5220.0GROWTH IN GSP AND GSI7 Years to 2005-06, Annual ChangeGSP GSINSW 2.2% 3.1%Vic 3.2% 3.8%Qld 4.9% 6.0%SA 2.6% 3.6%WA 4.3% 6.8%Tas 2.2% 3.4%NT 3.1% 6.5%ACT 2.2% 2.3%Aus 3.2% 4.3%Source: ABS Cat. 5220.0Department of Treasury and Finance 103