Gold Coast economy ‘turbocharged’ and tipped to outperform in post-pandemic rebound

The Gold Coast economy is poised for a sharp post-pandemic recovery with new data showing the city coming out of the COVID downturn faster than the rest of Queensland.

And jobs growth is making an even faster comeback than the economy as a whole, according to the Gold Coast Economic Outlook report released by the City of Gold Coast.

The city’s employment market has grown at an average of 2 per cent a year over the past decade but it’s now expected to track at 5 per cent a year until 2024. This overshadows a healthy gross regional product (GRP) increase of 3.6 per cent a year for the next two years.

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