Australian Bureau of Statistics

Rate this page
ABS Home > Statistics > By Catalogue Number
ABS @ Facebook ABS @ Twitter ABS RSS ABS Email notification service
5494.0 - Economic Activity of Foreign Owned Businesses in Australia, 2000-01, 2000-01  
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 09/01/2004   
   Page tools: Print Print Page Print all pages in this productPrint All RSS Feed RSS Bookmark and Share Search this Product


January 9, 2004
Embargoed 11:30am (AEST)

Globalisation of the australian economy

Foreign-owned businesses accounted for 1% of all Australian businesses in 2000-01, according to new globalisation statistics released by the Australian Bureau of Statistics (ABS) today.

In Australia, foreign-owned businesses employed 12% of all private sector employees and contributed 25% of all capital formation and 21% of value added.

The newly developed ABS initiative to improve globalisation statistics for Australia also found:
  • Foreign-owned businesses played a significant part in the Mining and Manufacturing industries:
    • The Mining industry's foreign-owned businesses employed 28% of all employees and contributed 45% of industry value added; and
    • The Manufacturing industry's foreign-owned businesses employed 23% of all employees and contributed 34% of industry value added.
  • USA-owned businesses made a greater contribution to the Australian economy than businesses owned by residents of any other foreign country. They led in all indicators except operating profit, where UK-owned businesses contributed the largest amount ($9,602 million).
  • USA-owned businesses in Australia:
    • Contributed to Australian employment (331,000 employees), income ($109,892 million), expenses ($102,021 million) and value added ($33,911 million). This was approximately twice the contribution made by businesses from the second largest country of business ownership (UK); and
    • Were the largest contributors for capital items like assets ($199,562 million), liabilities ($128,210 million) and gross fixed capital formation ($4,114 million).

Further information is in Economic Activity of Foreign Owned Businesses in Australia (cat. no. 5494.0).

Bookmark and Share. Opens in a new window

Commonwealth of Australia 2016

Unless otherwise noted, content on this website is licensed under a Creative Commons Attribution 2.5 Australia Licence together with any terms, conditions and exclusions as set out in the website Copyright notice. For permission to do anything beyond the scope of this licence and copyright terms contact us.