Economy, jobs and prices in Queensland, Australia: official figures
The economy of Queensland produced gross state product of $531,007 million in 2024-25 at current prices, 19.1% of Australian gross domestic product ($2,778,897 million), 3rd largest of 8 among states and territories.
What is the GDP per capita of Queensland?
Gross state product per person in Queensland was $94,506 in 2024-25 at current prices, against $101,438 for Australia (4th lowest of 8 states and territories).
Source: Australian Bureau of Statistics · saved copyHow fast is the economy of Queensland growing?
The economy of Queensland grew by 2.2% in real terms (chain volume measures) in 2024-25, compared with 1.4% for Australia (2nd fastest of 8 growth).
Source: Australian Bureau of Statistics · saved copyWhat is the unemployment rate in Queensland?
The trend unemployment rate in Queensland was 4.4% in September 2026, compared with 4.6% for Australia (4th 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 Queensland?
The labour force participation rate in Queensland was 66.6% in September 2026 (trend), against 66.5% nationally (4th lowest of 8 states and territories).
Source: Australian Bureau of Statistics · saved copyHow many people have jobs in Queensland?
There were about 3,035 thousand employed people in Queensland in September 2026 (trend), and 63.7% of the population aged 15 and over was in work, against 63.4% for Australia (4th lowest of 8 states and territories).
Source: Australian Bureau of Statistics · saved copyWhat is the average salary in Queensland?
The median employee income in Queensland was $59,751 in 2022-23 (the mean was $70,571), 3rd lowest 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 Queensland?
The median price of an established house sold in Queensland in 2024 was $730,000 and of an attached dwelling (unit or townhouse) $580,000; houses were 4th most of 8 expensive of the eight states and territories.
Source: Australian Bureau of Statistics · saved copyHow many businesses are there in Queensland?
Queensland had 524,024 actively trading businesses at 30 June 2025, or 92 per 1,000 residents.
Source: Australian Bureau of Statistics · saved copyHow many new homes are being approved in Queensland?
Building approvals in Queensland covered 38,203 dwelling units in the year to June 2025, or 6.7 per 1,000 residents (4th highest of 8 states and territories).
Source: Australian Bureau of Statistics · saved copyWhat is the median household income in Queensland?
The median weekly household income after adjusting for household size (equivalised) in Queensland was $1,032 at the 2021 Census, and median rent was $365 a week and median mortgage repayment $1,733 a month.
Source: Australian Bureau of Statistics · saved copyHow many jobs are there in Queensland?
There were 4,418,802 employee jobs in Queensland in the year to June 2023 (ABS Linked Employer-Employee Data), 3rd most of 8.
Source: Australian Bureau of Statistics · saved copyHow Queensland compares with other states
Unemployment rate, trend, September 2026 (2026-09)
Queensland ranks 5 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)
Queensland ranks 5 of 8, highest first.
| Rank | Region | Gross state product per person, 2024-25 (current prices) |
|---|---|---|
| 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 |
| 8 | Tasmania | $76,908 |
Real growth in gross state product, 2024-25 (2024-25)
Queensland ranks 2 of 8, highest first.
| Rank | Region | Real growth in gross state product, 2024-25 |
|---|---|---|
| 1 | Australian Capital Territory | 3.5% |
| 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% |
Median employee income, 2022-23 (2023)
Queensland ranks 6 of 8, highest first.
| Rank | Region | Median employee income, 2022-23 |
|---|---|---|
| 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 |
| 8 | Tasmania | $56,350 |
Median price of an established house, 2024 (2024)
Queensland ranks 4 of 8, highest first.
| Rank | Region | Median price of an established house, 2024 |
|---|---|---|
| 1 | New South Wales | $1,000,000 |
| 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 |
More on Queensland: 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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