Economy, jobs and prices in Northern Territory, Australia: official figures
The economy of the Northern Territory produced gross state product of $34,605 million in 2024-25 at current prices, 1.2% of Australian gross domestic product ($2,778,897 million), the smallest of 8 among states and territories.
What is the GDP per capita of Northern Territory?
Gross state product per person in the Northern Territory was $131,983 in 2024-25 at current prices, against $101,438 for Australia (2nd highest of 8 states and territories).
Source: Australian Bureau of Statistics · saved copyHow fast is the economy of Northern Territory growing?
The economy of the Northern Territory grew by 1.0% in real terms (chain volume measures) in 2024-25, compared with 1.4% for Australia (joint 2nd slowest of 8 growth).
Source: Australian Bureau of Statistics · saved copyWhat is the unemployment rate in Northern Territory?
The trend unemployment rate in the Northern Territory was 4.3% in September 2026, compared with 4.6% for Australia (3rd lowest of 8 states and territories). A year earlier it was 4.0%.
Source: Australian Bureau of Statistics · saved copyWhat is the labour force participation rate in Northern Territory?
The labour force participation rate in the Northern Territory was 71.0% in September 2026 (trend), against 66.5% nationally (2nd highest of 8 states and territories).
Source: Australian Bureau of Statistics · saved copyHow many people have jobs in Northern Territory?
There were about 145 thousand employed people in the Northern Territory in September 2026 (trend), and 68.0% of the population aged 15 and over was in work, against 63.4% for Australia (the highest of 8 states and territories).
Source: Australian Bureau of Statistics · saved copyWhat is the average salary in Northern Territory?
The median employee income in the Northern Territory was $68,042 in 2022-23 (the mean was $74,967), 2nd highest of 8 states and territories. Source: Australian Taxation Office data published by the ABS.
Source: Australian Bureau of Statistics · saved copyWhat is the median house price in Northern Territory?
The median price of an established house sold in the Northern Territory in 2024 was $560,000 and of an attached dwelling (unit or townhouse) $361,750; houses were the least of 8 expensive of the eight states and territories.
Source: Australian Bureau of Statistics · saved copyHow many businesses are there in Northern Territory?
The Northern Territory had 16,796 actively trading businesses at 30 June 2025, or 63 per 1,000 residents.
Source: Australian Bureau of Statistics · saved copyHow many new homes are being approved in Northern Territory?
Building approvals in the Northern Territory covered 524 dwelling units in the year to June 2025, or 2.0 per 1,000 residents (the lowest of 8 states and territories).
Source: Australian Bureau of Statistics · saved copyWhat is the median household income in Northern Territory?
The median weekly household income after adjusting for household size (equivalised) in the Northern Territory was $1,287 at the 2021 Census, and median rent was $325 a week and median mortgage repayment $2,000 a month.
Source: Australian Bureau of Statistics · saved copyHow many jobs are there in Northern Territory?
There were 217,254 employee jobs in the Northern Territory in the year to June 2023 (ABS Linked Employer-Employee Data), the fewest of 8.
Source: Australian Bureau of Statistics · saved copyHow Northern Territory compares with other territories
Unemployment rate, trend, September 2026 (2026-09)
Northern Territory ranks 6 of 8, highest first.
| Rank | Region | Unemployment rate, trend, September 2026 |
|---|---|---|
| 2 | Victoria | 5.0% |
| 3 | Australian Capital Territory | 4.7% |
| 4 | New South Wales | 4.7% |
| 5 | Queensland | 4.4% |
| 6 | Northern Territory | 4.3% |
| 7 | Western Australia | 4.2% |
| 8 | South Australia | 4.0% |
Gross state product per person, 2024-25 (current prices) (2024-25)
Northern Territory ranks 2 of 8, highest first.
| Rank | Region | Gross state product per person, 2024-25 (current prices) |
|---|---|---|
| 1 | Western Australia | $152,502 |
| 2 | Northern Territory | $131,983 |
| 3 | Australian Capital Territory | $123,409 |
| 4 | New South Wales | $100,105 |
| 5 | Queensland | $94,506 |
| 6 | Victoria | $90,918 |
| 7 | South Australia | $83,465 |
Real growth in gross state product, 2024-25 (2024-25)
Northern Territory ranks 7 of 8, highest first.
| Rank | Region | Real growth in gross state product, 2024-25 |
|---|---|---|
| 2 | Queensland | 2.2% |
| 3 | Western Australia | 1.3% |
| 4 | Victoria | 1.1% |
| 5 | South Australia | 1.0% |
| 6 | Tasmania | 1.0% |
| 7 | Northern Territory | 1.0% |
| 8 | New South Wales | 0.9% |
Median employee income, 2022-23 (2023)
Northern Territory ranks 2 of 8, highest first.
| Rank | Region | Median employee income, 2022-23 |
|---|---|---|
| 1 | Australian Capital Territory | $79,659 |
| 2 | Northern Territory | $68,042 |
| 3 | Western Australia | $65,310 |
| 4 | New South Wales | $63,301 |
| 5 | Victoria | $61,397 |
| 6 | Queensland | $59,751 |
| 7 | South Australia | $58,380 |
Median price of an established house, 2024 (2024)
Northern Territory ranks 8 of 8, highest first.
| Rank | Region | Median price of an established house, 2024 |
|---|---|---|
| 2 | Australian Capital Territory | $990,000 |
| 3 | Victoria | $753,800 |
| 4 | Queensland | $730,000 |
| 5 | South Australia | $680,000 |
| 6 | Western Australia | $645,000 |
| 7 | Tasmania | $598,000 |
| 8 | Northern Territory | $560,000 |
More on Northern Territory: overview · health · education and schools · poverty and living standards · government budget · Australia
Sources
- Australian Bureau of Statistics: Census of Population and Housing 2021, state and territory results (via ABS Data by region): health conditions, education, housing costs, homelessness, disadvantage, read 23 October 2026 · saved copy (SHA-256 7f6d87de31d5…)
- Australian Bureau of Statistics: Australian National Accounts: State Accounts, 2024-25, Table 1: Gross state product, read 23 October 2026 · saved copy (SHA-256 193fa6f8752b…)
- Australian Bureau of Statistics: Labour Force, Australia, September 2026: trend and seasonally adjusted state and territory series, read 23 October 2026 · saved copy (SHA-256 72befbbd1b24…)
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