Two economies, one ledger
Services carry the GDP. Resources carry the export invoice. The board rarely agrees on which industry matters most.
Services broadly account for roughly three-quarters of GDP, but the sharpest recent growth has come from a narrower band: professional & technical services, construction and administrative services drove private-sector wage growth, while mining stayed the largest single export earner despite falling profits. Manufacturing has been losing GDP share for three decades, and agriculture, though only 2–3% of GDP, still swings state-level growth on the back of a single good harvest.
Nine industries, ranked by GDP weight
Approximate GDP share, workforce share and earnings direction, FY 2024–25.
Output vs. people, side by side
GDP share doesn't track workforce share — services employ more than they produce per head; mining does the reverse.
Industry data table
Reference figures derived from ABS releases — approximations, not live data.
| Industry | GDP Share | Workforce | Earnings Trend | Note |
|---|
All sub-sectors, by industry
Each industry's own output broken down into its constituent sub-sectors.
| Industry | Sub-sector | Share of Industry | Est. Share of GDP |
|---|