• Economic Forecasts

    Major Economic Aggregates

    Western Australia

    Annual Growth

     

      2015-16
    Actual

    %
    2016-17
    Mid-year
    Revision
    %
    2017-18
    Forward
    Estimate
    %
    2018-19
    Forward
    Estimate
    %
    2019-20
    Forward
    Estimate
    %
    Gross State Product 1.9 1.00 2.25 3.25 3.0
    State Final Demand -4.0 -6.0 -1.75 2.25 3.5
    Employment 0.3 -1.5 0.25 1.5 2.25
    Unemployment Rate(a)  6.0 6.5 6.5 6.25 6.0
    Consumer Price Index     1.0 1.0 1.75 2.25 2.5
    Wage Price Index   1.9 1.5 1.75 2.5 3.0
    Population 1.2 1.2 1.3 1.6 1.8
               
    (a) Average over the year