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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Last updated: 12 June 2020

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