WA Economic Profile and COVID-19 Supplement - December …

The WA Government forecasts2 real GSP growth of 2.0% in 2019-20 and 1.25% in 2020 21. Australia’s real GDP fell 0.2% in 2019-20. The Australian Government forecasts real GDP to fall 1.5% in 2020-21 and rise 4.75% in 2021-22. 1 Compound annual growth rate. 2 WA Government State Budget 2020-21 (October 2020). ................
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