The Gross State Product (at market prices) per capita for Tasmania in 1999-2000 was $24,600, compared to $33,200 for Australians as a whole. Gross household disposable income of Tasmanians during the same time period was $18,000, compared to $21,900 nationally.
Of all income units, Tasmania's share of equivalent income going to the top quintile was 35.2%, compared to Australia's 38.5%. The share of equivalent income going to the bottom quintile was 9.1% for Tasmania, compared to Australia's 7.1%.
The Gini coefficient for Tasmania was 0.42, compared to 0.45 for Australia. The Gini Coefficient is a measure for measuring inequality of income distribution and is expressed as a ratio that is between 0 and 1. A low Gini coefficient such as that recorded by Tasmania indicates that the population has a relatively equal income distribution.
INCOME DISTRIBUTION, Selected Characteristics - 1999-2000
|Gross State Product at market prices per capita|
|Gross household disposable income per capita |
|Share of equivalent income going to top quintile(a)(b)|
|Share of equivalent income going to bottom quintile(a)(c)|
(a) Of all income units.
(b) Share of equivalent income received by the 20% of income units with the highest incomes.
(c) Share of equivalent income received by the 20% of income units with the lowest incomes.
Source: Australian Social Trends, 2001 (Cat. no. 4102.0).