Overview of Economy Flashcards
1
Q
Population
A
24.5million
2
Q
Economic growth rate
A
2.8%
3
Q
Inflation rate
A
1.8%
4
Q
Unemployment rate
A
5%
5
Q
Average weekly earnings
A
$1207
6
Q
Average wage growth
A
2.3%
7
Q
Top 5 exports by value
A
Iron ore, coal, education, natural gas and personal travel.
8
Q
Top 5 imports by value
A
Personal Travel, Passenger motor vehicles, refined petroleum, ships, boats, floating structures, telecom equipment and parks.
9
Q
Top two way train partners
A
China, Japan, USA, Korea, India
10
Q
Top 5 exports to China
A
Iron ore, coal, confidential items, wool, gold
11
Q
Value of trade with China
A
$183 Billion
12
Q
Top Export partner WA
A
China
13
Q
Top Import partner Wa
A
Korea
