" The Australian economy is dominated by its service sector,...

  1. 36,675 Posts.
    lightbulb Created with Sketch. 4

    " The Australian economy is dominated by its service sector, comprising 62.7% of the GDP and employing 78.8% of the labour force in 2017.[6] East Asia (including ASEAN and Northeast Asia) is a top export destination, accounting for about 64% of exports in 2016.[39] Australia has the eighth-highest total estimated value of natural resources, valued at US$19.9 trillion in 2016.[40] At the height of the mining boom in 2009–10, the total value-added of the mining industry was 8.4% of GDP.[41] Despite the recent decline in the mining sector, the Australian economy has remained resilient and stable[42][43] and has not experienced a recession since July 1991.[44] "

    https://en.wikipedia.org/wiki/Economy_of_Australia

    " Iron ore is Australia’s largest source of export revenue, worth $63 billion (approximately US$45 billion) in 2017. "

    https://minerals.org.au/media
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.