Queensland’s economy and trade

Queensland's economic output by sector

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Queensland has a diverse and resilient economy with industry split of output similar to Australia

*Public sector and utilities includes: public administration and safety; and electricity, gas, water, waste services.
**Natural resources includes the extraction of naturally occurring mineral solids, such as coal and ores; liquid minerals, such as crude petroleum; and gases, such as natural gas.
***Other includes: dwellings; professional, scientific and technical services, accommodation and food services; other services; administrative and support services; arts and recreation.
2019–20, gross value added, current prices.
Data source: ABS.

Queensland’s goods and services exports 2020–21

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Similar to its diversified domestic economy, Queensland has a well balanced mix of goods and services exports

Note: Tourism and Other Services are estimates in 2020-21 as actuals data is not yet available.
Data sources: ABS, Queensland Government 2021–22 Budget. Nominal terms.

Queensland's economic growth*

Queensland’s economic growth has generally been higher than Australia’s

*Chain volume measure (CVM), 2018–19 reference year.
Data sources: ABS National Accounts, Australian Treasury and Queensland Government 2021–22 Budget.