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State Economic Profile • Capital: Hobart • 2.1% of Australian Population

Tasmania - Economic Statistics

Tasmania’s economy is supported by 100% renewable electricity generation, premium food and beverage exports, tourism, and demographic shifts with an older median age profile.

Headline Tasmania Indicators

Tasmania Population

580,691 Persons

Tasmania Unemployment Rate

5.0% %

Tasmania State Final Demand Growth

-3.2% % p.a.

Tasmania Mean Dwelling Price

$733.2k A$'000

Tasmania Wage Growth (WPI)

2.9% % p.a.

Tasmania Average Weekly Earnings (AWOTE)

$1,846 A$ / week

Tasmania Dwelling Approvals

1,945 Dwellings / yr

Tasmania Annual Retail Turnover

$4,439m A$ million / yr

Tasmania Historical Trajectories

Tasmania Population

Persons

Tasmania Unemployment Rate

%

Tasmania State Final Demand Growth

% p.a.

Tasmania Mean Dwelling Price

A$'000

Tasmania Wage Growth (WPI)

% p.a.

Tasmania Average Weekly Earnings (AWOTE)

A$ / week

Tasmania Annual Economic Data Table (1980–2026)

Source: Australian Bureau of Statistics (ERP_Q, LF, ANA_SFD, RES_DWELL_ST, WPI, AWE)

Year Population Unemployment (%) State Final Demand (%) Mean Dwelling ($'000) Wage Growth (%) Weekly Earnings ($)
2026 580,691 4.9% -0.8% $733.2 2.9% $1,846
2025 579,085 3.9% 2.1% $731.0 3.2% $1,807
2024 576,271 4.2% 2.0% $670.3 4.5% $1,738
2023 574,214 4.1% 2.4% $660.2 4.2% $1,645
2022 573,343 4.1% 2.5% $665.4 3.2% $1,577
2021 569,609 5.3% 9.2% $688.2 2.5% $1,531
2020 561,881 6.6% -1.6% $500.8 2.0% $1,488
2019 553,340 6.5% 3.1% $444.1 2.5% $1,435
2018 542,927 5.9% 5.4% $416.1 2.5% $1,389
2017 531,561 5.8% 4.1% $384.5 2.2% $1,354
2016 521,981 6.5% 1.3% $350.5 2.2% $1,340
2015 515,694 6.6% 2.5% $328.5 2.3% $1,304
2014 514,040 7.2% 1.8% $309.9 2.4% $1,257
2013 513,015 7.7% -0.7% $306.6 2.7% $1,267
2012 511,813 7.0% -3.0% $297.8 3.2% $1,212
2011 511,739 5.6% 0.9% $310.0 3.6% $1,163
2010 510,219 5.8% 2.2% - 3.5% $1,102
2009 506,461 5.0% 0.0% - 4.2% $1,030
2008 501,774 4.4% 6.5% - 3.8% $967
2007 495,858 5.2% 4.6% - 4.3% $948
2006 491,515 6.3% 0.2% - 4.1% $891
2005 488,098 6.2% 4.7% - 4.4% $846
2004 484,778 6.4% 10.2% - 3.4% $823
2003 481,411 7.8% 1.8% - 3.3% $799
2002 475,998 8.7% 8.9% - 3.2% $777
2001 473,890 9.0% 2.6% - 3.1% $744
2000 473,200 8.6% 3.3% - 2.5% $722
1999 473,294 9.2% 2.4% - 2.9% $692
1998 473,450 10.1% -0.7% - 2.5% $684
1997 474,215 10.9% 2.8% - - $670
1996 475,529 10.3% 2.8% - - $642
1995 475,148 10.1% 3.0% - - $613
1994 474,076 11.1% 1.9% - - $605
1993 472,983 12.6% 1.5% - - -
1992 471,258 11.5% 2.4% - - -
1991 468,549 10.7% -1.3% - - -
1990 464,520 8.9% 0.4% - - -
1989 458,410 9.2% 4.0% - - -
1988 452,781 9.4% 3.8% - - -
1987 449,820 9.3% -1.5% - - -
1986 448,235 9.0% 1.2% - - -
1985 444,576 9.0% - - - -
1984 440,070 10.3% - - - -
1983 435,100 10.6% - - - -
1982 430,974 9.7% - - - -
1981 428,283 6.9% - - - -
1980 425,202 6.3% - - - -

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