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1301.0 - Year Book Australia, 2002  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 25/01/2002   
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Contents >> Manufacturing >> Contribution to GDP

Table 19.1 shows that the total volume of production (gross value added) of the manufacturing industry in chain volume terms (measuring 'real' output unaffected by price change) has increased steadily from 1993-94 to 1999-2000. Manufacturing gross value added (its contribution to GDP) has increased by 15% over the past five years, 19% over the past 10 years and 40% over the past 20 years. However, in percentage terms manufacturing's contribution to GDP has been trending down for some years, and has declined by 1.3 percentage points of GDP since 1993-94.

Over the period 1993-94 to 1999-2000, gross value added rose in seven of the nine manufacturing subdivisions, with the largest growth being recorded in Machinery and equipment manufacturing (up 35%), Wood and paper product manufacturing (up 25%) and Printing, publishing and recorded media (up 24%). Production levels declined over the same period in only Textile, clothing, footwear and leather manufacturing (down 19%) and Non-metallic mineral product manufacturing (down 11%).

19.1 MANUFACTURING GROSS VALUE ADDED, Chain Volume Measures(a) by Industry Subdivision and Contribution to GDP

Industry subdivision
1993-94

$m
1994-95

$m
1995-96

$m
1996-97

$m
1997-98

$m
1998-99

$m
1999-2000

$m

Food, beverage and tobacco manufacturing
12,129
12,257
12,600
12,815
13,452
14,109
14,775
Textile, clothing, footwear and leather manufacturing
3,453
3,373
3,186
3,167
3,211
3,257
2,808
Wood and paper product manufacturing
4,554
4,688
4,733
4,849
4,904
5,075
5,689
Printing, publishing and recorded media
5,745
6,049
6,144
6,237
6,412
6,719
7,104
Petroleum, coal, chemical and associated product manufacturing
9,090
9,366
9,903
10,110
10,267
10,679
10,802
Non-metallic mineral product manufacturing
3,045
3,044
3,820
2,821
2,867
3,122
2,716
Metal product manufacturing
11,899
11,720
12,016
12,414
12,917
13,482
12,842
Machinery and equipment manufacturing
12,741
13,539
14,123
14,494
14,935
15,326
17,200
Other manufacturing
2,462
2,488
2,461
2,553
2,677
2,687
2,598
Total manufacturing(b)
65,258
66,644
68,022
69,489
71,671
74,460
76,533
Contribution to GDP(c) (%)
14.6
14.4
14.1
13.8
13.6
13.5
13.3

(a) Reference year for these chain volume measures is 1998-99.
(b) Chain volume measures are not additive for most periods; the component measures do not sum to a total in the same way as the corresponding current price components do.
(c) Strictly gross value added at basic prices, chain volume measures.

Source: Australian System of National Accounts (5206.0).


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