ビクトリア州経済の現状と展望

Contributing to the world’s 12th largest economy¹, Victoria has long been a powerhouse of the Australian economy. With economic activity and full-time employment now well above pre-pandemic levels, the state’s strong performance has been demonstrated by a $515 billion Gross State Product (GSP) in 2021-22.²

The Victorian economy has well and truly bounced back from the pandemic.

• Victoria’s economy grew 5.6% in 2021-22², one of the fastest rates in Australia
• Victoria’s current economic growth rate is 14.1% higher than its decade average.³

Compared to other Australian states, for the March quarter 2023, Victoria has:

• the highest increase in construction work completed, 19.3% above its decade average
• the second strongest growth of retail spending, 14.8% above its decade average
• the third highest rate of absolute annual population growth.³

Strong performance forecast to outperform other economies

Victoria’s economy has experienced strong growth over the last decade and is forecast to grow by 3.25 per cent in 2022-23⁵. This I supported by Deloitte Access Economics (DAE) business outlook June quarter 2023.

Currently, at 3.7 per cent, the state-wide unemployment rate is at its low since records began.⁷ The regional unemployment rate is even lower, sitting at 2.5 per cent. The Victorian economy’s strength is demonstrated through the creation of 200,000 jobs since the beginning of the 2020-21 financial year. Victoria is targeting to create 400,000 jobs by 2025.⁵

The Australian Bureau of Statistics forecasts Victoria's population is projected to reach between 7.5 and 7.9 million people by 2032, representing a growth of up to 19 per cent from 2020 levels. Melbourne is predicted to be Australia's largest city in 2031-32.⁸