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Economy, jobs and prices in Western Australia, Australia: official figures

The economy of Western Australia produced gross state product of $458,831 million in 2024-25 at current prices, 16.5% of Australian gross domestic product ($2,778,897 million), 4th largest of 8 among states and territories.

What is the GDP per capita of Western Australia?

Gross state product per person in Western Australia was $152,502 in 2024-25 at current prices, against $101,438 for Australia (the highest of 8 states and territories).

Source: Australian Bureau of Statistics · saved copy

How fast is the economy of Western Australia growing?

The economy of Western Australia grew by 1.3% in real terms (chain volume measures) in 2024-25, compared with 1.4% for Australia (3rd fastest of 8 growth).

Source: Australian Bureau of Statistics · saved copy

What is the unemployment rate in Western Australia?

The trend unemployment rate in Western Australia was 4.2% in September 2026, compared with 4.6% for Australia (2nd lowest of 8 states and territories). A year earlier it was 4.3%.

Source: Australian Bureau of Statistics · saved copy

What is the labour force participation rate in Western Australia?

The labour force participation rate in Western Australia was 68.8% in September 2026 (trend), against 66.5% nationally (3rd highest of 8 states and territories).

Source: Australian Bureau of Statistics · saved copy

How many people have jobs in Western Australia?

There were about 1,699 thousand employed people in Western Australia in September 2026 (trend), and 65.9% of the population aged 15 and over was in work, against 63.4% for Australia (3rd highest of 8 states and territories).

Source: Australian Bureau of Statistics · saved copy

What is the average salary in Western Australia?

The median employee income in Western Australia was $65,310 in 2022-23 (the mean was $79,629), 3rd highest of 8 states and territories. Source: Australian Taxation Office data published by the ABS.

Source: Australian Bureau of Statistics · saved copy

What is the median house price in Western Australia?

The median price of an established house sold in Western Australia in 2024 was $645,000 and of an attached dwelling (unit or townhouse) $450,000; houses were 3rd least of 8 expensive of the eight states and territories.

Source: Australian Bureau of Statistics · saved copy

How many businesses are there in Western Australia?

Western Australia had 266,273 actively trading businesses at 30 June 2025, or 87 per 1,000 residents.

Source: Australian Bureau of Statistics · saved copy

How many new homes are being approved in Western Australia?

Building approvals in Western Australia covered 22,950 dwelling units in the year to June 2025, or 7.5 per 1,000 residents (3rd highest of 8 states and territories).

Source: Australian Bureau of Statistics · saved copy

What is the median household income in Western Australia?

The median weekly household income after adjusting for household size (equivalised) in Western Australia was $1,121 at the 2021 Census, and median rent was $340 a week and median mortgage repayment $1,842 a month.

Source: Australian Bureau of Statistics · saved copy

How many jobs are there in Western Australia?

There were 2,386,936 employee jobs in Western Australia in the year to June 2023 (ABS Linked Employer-Employee Data), 4th most of 8.

Source: Australian Bureau of Statistics · saved copy

How Western Australia compares with other states

Unemployment rate, trend, September 2026 (2026-09)

Western Australia ranks 7 of 8, highest first.

RankRegionUnemployment rate, trend, September 2026
2Victoria5.0%
3Australian Capital Territory4.7%
4New South Wales4.7%
5Queensland4.4%
6Northern Territory4.3%
7Western Australia4.2%
8South Australia4.0%
Source: Australian Bureau of Statistics · saved copy

Gross state product per person, 2024-25 (current prices) (2024-25)

Western Australia ranks 1 of 8, highest first.

RankRegionGross state product per person, 2024-25 (current prices)
1Western Australia$152,502
2Northern Territory$131,983
3Australian Capital Territory$123,409
4New South Wales$100,105
5Queensland$94,506
6Victoria$90,918
7South Australia$83,465
Source: Australian Bureau of Statistics · saved copy

Real growth in gross state product, 2024-25 (2024-25)

Western Australia ranks 3 of 8, highest first.

RankRegionReal growth in gross state product, 2024-25
1Australian Capital Territory3.5%
2Queensland2.2%
3Western Australia1.3%
4Victoria1.1%
5South Australia1.0%
6Tasmania1.0%
7Northern Territory1.0%
Source: Australian Bureau of Statistics · saved copy

Median employee income, 2022-23 (2023)

Western Australia ranks 3 of 8, highest first.

RankRegionMedian employee income, 2022-23
1Australian Capital Territory$79,659
2Northern Territory$68,042
3Western Australia$65,310
4New South Wales$63,301
5Victoria$61,397
6Queensland$59,751
7South Australia$58,380
Source: Australian Bureau of Statistics · saved copy

Median price of an established house, 2024 (2024)

Western Australia ranks 6 of 8, highest first.

RankRegionMedian price of an established house, 2024
2Australian Capital Territory$990,000
3Victoria$753,800
4Queensland$730,000
5South Australia$680,000
6Western Australia$645,000
7Tasmania$598,000
8Northern Territory$560,000
Source: Australian Bureau of Statistics · saved copy

More on Western Australia: overview · health · education and schools · poverty and living standards · government budget · Australia

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