5204.0 - Australian System of National Accounts, 2006-07

INDUSTRY

In 2006-07, the industry with the largest share of GDP (at basic prices excluding ownership of dwellings) was Property & business services with a share of 14.5%. Manufacturing was the second largest industry with a share of 12.2%. Prior to 1999-00 Manufacturing was the largest industry.

Industry share of GDP, 1993-94 and 2006-07
Graph: Industry share of GDP, 1993–94 and 2006–07

The current global 'mining boom' has created a great deal of interest in the Australian Mining industry. The profits (Gross operating surplus and Gross mixed income) of the Mining industry increased by 124% between 2002-03 and 2006-07 (see table 57 for more details). Over the same period the investment undertaken by Mining increased by 140% (see table 90 for more details). However, over the same period the Mining gross value added in volume terms increased by only 10%.

The significant increases in profits are being driven by growth in the prices of Mining commodities. See Prices for more information on commodities prices. The increase in the volume of Mining output over this period has occurred mainly during 2006-07. The growth in 2006-07 was driven by growth in the annual production of natural gas (up 11.3%) while oil production increased 14.2%. The volume of output of most other commodities remained steady or increased marginally over the same period. See Table 84 for more details.

This page last updated 30 October 2008

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	Australian Bureau of Statistics Celebrating the International Year of Statistics 2013

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Overview In this Issue Key Aggregates Expenditure on GDP Industry Income from GDP Prices in the National Accounts Productivity Balance Sheets Investment at Current Prices International Trade Feature Articles Understanding how to use National Accounts Frequently Asked Questions About this Release	INDUSTRY In 2006-07, the industry with the largest share of GDP (at basic prices excluding ownership of dwellings) was Property & business services with a share of 14.5%. Manufacturing was the second largest industry with a share of 12.2%. Prior to 1999-00 Manufacturing was the largest industry. Industry share of GDP, 1993-94 and 2006-07 The current global 'mining boom' has created a great deal of interest in the Australian Mining industry. The profits (Gross operating surplus and Gross mixed income) of the Mining industry increased by 124% between 2002-03 and 2006-07 (see table 57 for more details). Over the same period the investment undertaken by Mining increased by 140% (see table 90 for more details). However, over the same period the Mining gross value added in volume terms increased by only 10%. The significant increases in profits are being driven by growth in the prices of Mining commodities. See Prices for more information on commodities prices. The increase in the volume of Mining output over this period has occurred mainly during 2006-07. The growth in 2006-07 was driven by growth in the annual production of natural gas (up 11.3%) while oil production increased 14.2%. The volume of output of most other commodities remained steady or increased marginally over the same period. See Table 84 for more details. Document Selection These documents will be presented in a new window. This page last updated 30 October 2008

Australian Bureau of StatisticsCelebrating the International Year of Statistics 2013

Australian Bureau of Statistics
Celebrating the International Year of Statistics 2013