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  • Northern Territory Economy SNAPSHOT - business.nt.gov.au · Northern Territory Economy SNAPSHOT NT Population 246 105 0.1% Employment 135 340 Unemployment rate Darwin 5.2% Inflation
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Northern Territory Economy SNAPSHOT NT Population 246 105 0.1% Employment 135 340 Unemployment rate 5.2% Darwin Inflation National Economic Growth GSP $25.4b Growth rate Average weekly EARNINGS National $1608 $1773 3.1% Median House Price Katherine $360 000 Darwin $513 000 1.9% Palmerston $465 000 24.1% Alice Springs $467 500 1.6% 2.1% Industry Share of Output Top 5 Construction 11.0% Mining 12.0% Public Admin 12.3% Health 6.4% 5.2% Manufacturing Department of Trade, Business and Innovation w: business.nt.gov.au t: 08 8999 5139 Alice East Arnhem Population Distribution 58.2% 5.7% 16.8% Greater Darwin Katherine 8.7% Business Size Small 95.2% Medium 4.6% Large 0.2% Alice Rest of NT Business Location 73.0% 7.0% 14.0% Greater Darwin Katherine 6.0% region Springs region Business Confidence 2ppt Private Business Investment $8.4 billion 18.1% YoY December 2016 Annual change 2 February 2018 Quarterly Change September 2017-18e 1.1% 2016-17 f $9.4 billion 2018-19f 0.5% 2019-20f 1.4% National 2017-18e 2.7% 13% 1.9% National growth 1.6% 2.1% National +46% December Index 109.7 Index 112.1 1.0% DTBI Survey +43% (419 businesses) Sensis® Survey +26% (80 businesses) 14 ppt 17 ppt 7 ppt Barkly 2.8% region Rest of NT 7.8% 0.5% 0.6% 2.8% Quarterly Change September Springs region

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Page 1: Northern Territory Economy SNAPSHOT - business.nt.gov.au · Northern Territory Economy SNAPSHOT NT Population 246 105 0.1% Employment 135 340 Unemployment rate Darwin 5.2% Inflation

Northern Territory Economy

SNAPSHOT

NT Population

246 105 0.1%

Employment

135 340

Unemployment rate5.2%Darwin

Inflation

National

Economic Growth GSP $25.4b

Growth rate

Average weekly EARNINGS

National$1608

$1773

3.1%

Median House Price

Katherine$360 000

Darwin $513 000

1.9%Palmerston

$465 000

24.1% Alice Springs$467 500

1.6%

2.1%

Industry Share of OutputTop 5

Construction11.0%

Mining12.0%

Public Admin12.3%

Health6.4%

5.2%Manufacturing

Department of Trade, Business and Innovationw: business.nt.gov.aut: 08 8999 5139

Alice

East Arnhem

Population Distribution

58.2% 5.7%

16.8%

GreaterDarwin

Katherine

8.7%

Business Size

Small95.2%

Medium4.6%

Large0.2%

Alice

Rest of NT

Business Location

73.0% 7.0%

14.0%

GreaterDarwin

Katherine

6.0%region

Springsregion

Business Confidence 2ppt

Private BusinessInvestment$8.4 billion

18.1%

YoY December 2016

Annual change2 February 2018

Quarterly Change

September

2017-18e 1.1%

2016-17f $9.4 billion

2018-19f 0.5%

2019-20f1.4%

National2017-18e

2.7% 13%

1.9%

National growth 1.6% 2.1%

National +46%

DecemberIndex 109.7

Index 112.1

1.0%

DTBI Survey +43%(419 businesses)

Sensis® Survey +26%(80 businesses)

14 ppt

17 ppt

7 ppt

Barkly

2.8%region

Rest of NT7.8%

0.5%

0.6%

2.8%

Quarterly Change September

Springsregion

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