Gross state product

Gross State Product (GSP) is a measure of value adding that occurs in an economy. Data is sourced from the annual Australian National Accounts: State Accounts (ABS Cat. No. 5220.0) publication. Broadly speaking, GSP represents income accruing to individuals and firms in the economy as wages, profits and other forms of compensation (such as superannuation).

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    Although all due care has been exercised in the preparation of this material, no responsibility is accepted for any errors or omissions. Care should be taken in using monthly estimates for the Territory, in view of the small numbers and the volatile nature of the data.

    Last updated: 27 March 2018