The Australian economy grew by 1.9% in 2018–19 to reach $1.9 trillion. Australia’s energy consumption rose by 0.6% per cent in 2018–19 to reach 6,196 petajoules.
Energy productivity (gross domestic product (GDP) divided by energy consumption) improved by 1.3% in 2018–19, and by 19% over the past 10 years. Australia now creates $304 million in GDP for every petajoule of energy consumed, almost $50 million more than a decade ago.
This improvement reflects cumulative improvements in energy efficiency as well as a shift in the economy away from highly energy-intensive industries like manufacturing, towards less energy-intensive industries such as services. Increased use of renewable energy instead of combustion-based generation sources for electricity generation has also had a positive impact on energy productivity.