30. September 2010 12:15
Austrade has released its 2010 Financial Services Benchmark Report (copy available on their official site).
Australia’s financial services sector produces more than ten per cent of Australia’s annual GDP, and contributes almost four times more to national output than agriculture and fishing. It is also larger than mining, and has an estimated workforce of 400,000.
Australia is number 13 in the list of the world's largest economies, with a 1.93% share of the world nominal GDP - only just behind India with 2.21%.
The report makes interesting reading, and clearly sets out year on year developments and growth worldwide.