Data confidence level: 
This FACT indicates the gross state product in millions, of each Australian state and territory. Gross state product (GSP), or gross regional product (GRP), is a measurement of the economic output of a state or province (i.e., of a subnational entity). It is the sum of all value added by industries within the state and serves as a counterpart to the gross domestic product (GDP), and one way to measure value or wealth of a region.
Source: ABS data from 2017
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Unemployment Rate (Regional) low is good |
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Gross state product per capita (Regional) high is good |
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Median household yearly income high is good |
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CPI inflation low is good |
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Employment rate high is good |
