Net operating balance as a share of GSP/GDP

GSP/GDP figures for Queensland and the Commonwealth were calculated from nominal growth rates. Those for Tasmania and NT were calculated using a proxy growth rate (real growth rates plus CPI).
Chart: RMIT ABC Fact Check Source: Federal, state and territory budget papers, 2022-23; Victorian mid-year financial report, 2021; ABS national accounts: state accounts, 2020-21; SA and WA treasuries (GSP data supplied). Get the data