7123.4.55.001 - Agricultural State Profile, South Australia, 2001-02  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 21/11/2003   
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Contents >> Agriculture and the economy

The contribution of agriculture to the South Australian economy can be measured in a number of ways. The most direct measurement available is the gross value of agricultural production, which is the value placed on recorded production at wholesale prices realised in the market place. In 2001-02, the gross value of agricultural production for South Australia was $5.2 billion.

Other measures of the contribution of agriculture to the economy include:

  • gross farm product (GFP), which is a measure of the value added in production by farm businesses. In 2001-02, the GFP for South Australia was calculated to be $3.2 billion, or 6.8% of gross state product;
  • the value of exports of agricultural commodities from South Australia (i.e. export products sourced from the agriculture industry), which was $1.3 billion in 2002-03.


GROSS FARM PRODUCT, South Australia

1997-98
$m
1998-99
$m
1999-2000
$m
2000-01
$m
2001-02
$m

Gross Farm Product (GFP)
1,834
1,763
1,492
2,875
3,215
Gross State Product (GSP)
39,001
39,566
41,192
44,119
47,002
GFP as % of GSP
4.7
4.5
3.6
6.5
6.8

Source: Australian National Accounts: State Accounts (cat. no. 5220.0).




This section contains the following subsection :
      Value of agricultural production

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