1306.5 - Western Australia at a Glance, 2014  
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Image: Ecomony ECONOMY

State Accounts
Imports and Exports
Price Indexes

ECONOMY

State Accounts(a)
WA's Gross State Product (GSP) was 17% of Gross Domestic Product (GDP) in June 2013. WA's GSP per capita was 1.5 times greater than Australian GDP per capita in 2012-13.

2011-12
2012-13

WA GSP

Chain volume measures ($m)
240 811
252 999
GSP per capita ($)
100 697
102 232

Largest contributing industries
%
%

Mining
32.5
34.3
Construction
12.7
12.0
Professional, scientific and technical services
5.0
5.0
Manufacturing
4.9
4.7

(a) Chain volume measures.
Source: Australian National Accounts: State Accounts, 2012-13 (cat. no. 5220.0)

Imports and Exports
In 2012-13, Western Australia accounted for 14% of Australia's value of imports and 47% of Australia's value of exports.

2011-12
2012-13

WA
$m
$m

Imports
35 082
33 875
Exports
120 534
115 588

Imports from:
Singapore
4 232
3 475
United States
4 129
3 725
China
3 779
3 841

Exports to:
China
55 002
54 072
Japan
22 841
21 509
Korea, Republic of
9 811
8 910

Source: International Trade in Goods and Services, Australia, Dec 2013 (cat. no. 5368.0)

2011-12
2012-13

Major commodities exported:
$m
$m

Iron ore
61 217
55 665
Gold, non-monetary(a)
15 603
14 908
Natural gas, whether or not liquefied
9 301
11 165
Petroleum oils, crude(b)
11 073
9 309

(a) Excluding gold ore and concentrates.
(b) Including oils obtained from bituminous minerals.
Source: ABS data available on request, International Trade in Goods and Services
Price Indexes(a)
Perth's All groups Consumer Price Index (CPI) rose by 2.5% through the year to the June quarter 2013, which was less than the weighted average of eight capital cities in Australia (2.7%).

2012-13

Perth
Eight capital cities(b)

CPI
%
%

Food and non-alcoholic beverages
0.7
1.1
Alcohol and tobacco
3.7
4.0
Clothing and footwear
0.5
-0.3
Housing
5.8
5.3
Furnishings, household equipment and services
0.2
0.1
Health
6.3
6.6
Transportation
-0.3
-0.5
Communication
2.0
2.2
Recreation and culture
0.2
-0.1
Education
5.3
5.7
Insurance and financial services
3.2
2.7
All groups
2.5
2.4

Source: Consumer Price Index, Australia, Dec 2013 (cat. no. 6401.0)

2012-13(c)

Perth
Eight capital cities(b)

Residential Property Price Index
%
%

Established homes
Attached dwellings(d)
10.0
7.4
5.3
5.6

(a) Percentage change from corresponding quarter of previous year, June quarter reference.
(b) Weighted average.
(c) Revised.
(d) Includes flats, units and apartments plus semi-detached, row and terrace houses.
Source: Residential Property Price Indexes: Eight Capital Cities, Dec 2013 (cat. no. 6416.0)