Economic overview
South Australia’s economic performance has been steadily improving.
Along with the rest of Australia, South Australia was in a strong position to maximise opportunities as they emerged after the global financial crisis. Now we are progressively closing the gap between our performance and that of the nation.
Total employment is 20 per cent higher than a decade ago and unemployment hovers at a low rate.
Despite the increasing value of the Australian dollar, exports have rebounded strongly, giving us the second fastest growth rate, after Western Australia.
Our vast mineral and energy resources, coupled with our proximity to the high-growth economies of China and India, place us in a very strong position.
Content updated 01 Jun 2012
