These charts provide a snapshot of the NSW economy and budget aggregates.
The NSW economy is gradually normalising following the COVID-19 pandemic, with cost of living pressures having begun to ease. These charts show a solid economic outlook which is expected to help keep the unemployment rate low.
Compared to the 2024-25 Half-Yearly Review, the State's Gross debt to June 2028 is projected to improve. Readers seeking detailed analysis of the outlook and its drivers should visit Budget Paper No. 1 Budget Statement, particularly Chapter 2 The Economy and Chapter 4 Fiscal Strategy and Outlook.
