Gross Domestic Product (GDP) fell 1.9% in 2022 reflecting reduced activity across NSW, Victoria and the ACT. Private demand detracted 2.4 percentage points from GDP growth, driven by a fall in household final consumption expenditure.
| GDP | 3.4 |
| GDP per capita (c) | 3.5 |
| Gross value added market sector (d) | 3.3 |
| Real net national disposable income | 5.0 |
| Productivity | |
| GDP per hour worked | -2.1 |
| Real unit labour costs | -1.2 |
| Prices | |
| GDP chain price index (original) | -0.5 |
| Terms of trade | 1.2 |
| Current price measures | |
| GDP | 4.2 |
| Household saving ratio | 20.3 |
| growth (%) | 2022 | |
|---|---|---|
| Agriculture, Forestry and Fishing | 1.4 | 34.3 |
| Mining | 1.7 | -1.7 |
| Manufacturing | -1.1 | 1.2 |
| Electricity, Gas, Water and Waste Services | -0.2 | -2.0 |
| Construction | -1.1 | -1.0 |
| Wholesale Trade | -5.4 | 3.4 |
| Retail Trade | -3.4 | 2.6 |
| Accommodation and Food Services | -26.4 | -30.8 |
| Transport, Postal and Warehousing | -3.2 | -13.5 |
| Information Media and Telecommunications | 1.3 | 5.5 |
| Financial and Insurance Services | 1.3 | 4.5 |
| Rental, Hiring and Real Estate Services | -1.2 | 1.2 |
| Professional, Scientific and Technical Services | -0.9 | 1.3 |
| Administrative and Support Services | -2.1 | -9.5 |
| Public Administration and Safety | 0.8 | 5.7 |
| Education and Training | 0.4 | 1.9 |
| Health Care and Social Assistance | -2.1 | 3.7 |
| Arts and Recreation Services | -7.5 | -11.0 |
| Other Services | -11.8 | -12.6 |
