ECONOMY
State Accounts
Imports and Exports
Price Indexes
ECONOMY
State Accounts(a)
WA's Gross State Product (GSP) was 17% of Gross Domestic Product (GDP) in June 2013. WA's GSP per capita was 1.5 times greater than Australian GDP per capita in 2012-13.
|
 | 2011-12 | 2012-13 |
|
| WA GSP | | |
|
| Chain volume measures ($m) | 240 811 | 252 999 |
| GSP per capita ($) | 100 697 | 102 232 |
|
| Largest contributing industries | % | % |
|
| Mining | 32.5 | 34.3 |
| Construction | 12.7 | 12.0 |
| Professional, scientific and technical services | 5.0 | 5.0 |
| Manufacturing | 4.9 | 4.7 |
|
(a) Chain volume measures.
Source: Australian National Accounts: State Accounts, 2012-13 (cat. no. 5220.0) |
Imports and Exports
In 2012-13, Western Australia accounted for 14% of Australia's value of imports and 47% of Australia's value of exports. |
|
| 2011-12 | 2012-13 |
|
| WA | $m | $m |
|
| Imports | 35 082 | 33 875 |
| Exports | 120 534 | 115 588 |
|
| Imports from: | | |
| Singapore | 4 232 | 3 475 |
| United States | 4 129 | 3 725 |
| China | 3 779 | 3 841 |
|
| Exports to: |
| China | 55 002 | 54 072 |
| Japan | 22 841 | 21 509 |
| Korea, Republic of | 9 811 | 8 910 |
|
| Source: International Trade in Goods and Services, Australia, Dec 2013 (cat. no. 5368.0) |
| | |
|
| 2011-12 | 2012-13 |
|
| Major commodities exported: | $m | $m |
|
| Iron ore | 61 217 | 55 665 |
| Gold, non-monetary(a) | 15 603 | 14 908 |
| Natural gas, whether or not liquefied | 9 301 | 11 165 |
| Petroleum oils, crude(b) | 11 073 | 9 309 |
|
(a) Excluding gold ore and concentrates.
(b) Including oils obtained from bituminous minerals.
Source: ABS data available on request, International Trade in Goods and Services
Price Indexes(a)
Perth's All groups Consumer Price Index (CPI) rose by 2.5% through the year to the June quarter 2013, which was less than the weighted average of eight capital cities in Australia (2.7%).
|
| 2012-13 |
|
| Perth | Eight capital cities(b) |
|
| CPI | % | % |
|
| Food and non-alcoholic beverages | 0.7 | 1.1 |
| Alcohol and tobacco | 3.7 | 4.0 |
| Clothing and footwear | 0.5 | -0.3 |
| Housing | 5.8 | 5.3 |
| Furnishings, household equipment and services | 0.2 | 0.1 |
| Health | 6.3 | 6.6 |
| Transportation | -0.3 | -0.5 |
| Communication | 2.0 | 2.2 |
| Recreation and culture | 0.2 | -0.1 |
| Education | 5.3 | 5.7 |
| Insurance and financial services | 3.2 | 2.7 |
| All groups | 2.5 | 2.4 |
|
| Source: Consumer Price Index, Australia, Dec 2013 (cat. no. 6401.0) |
|
| 2012-13(c) |
|
| Perth | Eight capital cities(b) |
|
| Residential Property Price Index | % | % |
|
Established homes
Attached dwellings(d) | 10.0
7.4 | 5.3
5.6 |
|
(a) Percentage change from corresponding quarter of previous year, June quarter reference.
(b) Weighted average.
(c) Revised.
(d) Includes flats, units and apartments plus semi-detached, row and terrace houses.
Source: Residential Property Price Indexes: Eight Capital Cities, Dec 2013 (cat. no. 6416.0) |
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