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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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