NATIONAL INCOME IN CONTEXT

During the past decade a number of factors have influenced the growth in national income per capita. These include growth in GDP, population growth, the rise in labour force participation, overall national productivity improvements and improvements in Australia's terms of trade.

Further information is included in the following pages to show how Australia's national income has changed over time. The issues explored include GDP, industry value added, state income, terms of trade and the proportion of the population in work.