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Annual growth rate of real gross value added in Australia FY 1991-FY 2019

In the years between 1991 and 2019, the average growth rate of real gross value added of all industries in Australia was 3.2 percent per annum. During this period, the average growth rate of the goods sectors in Australia was approximately 2.4 percent per year.

Average annual growth rate of real gross value added in Australia between financial years 1991 and 2019

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Source

Release date

August 2020

Region

Australia

Survey time period

FY 1992 to FY 2020

Special properties

Australia's financial years run from July to June of the following year. For example, FY 2017 starts on July 1, 2016 and ends on June 30, 2017.

Supplementary notes

Note: Gross value added measures the contribution to the economy of each individual producer, industry or sector.

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