State against State – Qld caught up to NSW in per capita output over 2000s

NSW was traditionally a more productive State than Queensland per head of population, as expressed in economic measures such as gross state product (GSP) per capita produced by the ABS. But Queensland’s economy caught up in per capita terms over the 2000s, due in large part I expect to the strength of the resources sector.

GSPpercapita

 

So on State of Origin day it’s good to know Queensland is making as large a contribution per capita to the Australia economy as NSW. Of course, average incomes would still be higher in NSW because a large share of the profits from the resources sector flow out of Queensland, but I’ll have to cover that in another post.

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