7123.4.55.001 - Agricultural State Profile, South Australia, 2002-03

ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 16/09/2004

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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 2002-03, the gross value of agricultural production for South Australia was $4.1 billion.

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

gross farm product (GFP), a measure of the value added in production by farm businesses. In 2002-03, the GFP for South Australia was $2.2 billion, or 4.4% of gross state product;
the value of exports of agricultural commodities from South Australia, which was $1.3 billion in 2002-03.

GROSS FARM PRODUCT, South Australia


	1998-99 $m	1999-2000(a) $m	2000-01(a) $m	2001-02(a) $m	2002-03 $m

Gross Farm Product (GFP)	1,763	1,492	2,816	3,470	2,152
Gross State Product (GSP)	39,566	41,014	44,211	47,307	48,897
GFP as % of GSP	4.5	3.6	6.4	7.3	4.4

(a) Data have been revised following a review of compilation methods.
Source: Australian National Accounts: State Accounts (cat. no. 5220.0).

This section contains the following subsection :
Value of Agricultural Production