|September 18, 2009|
Embargoed: 11.30 am (AEST)
Non-profit institutions contribute 4.1% to the Australian economy
|Non-profit institutions contributed close to $43 billion (or 4.1%) to Australia's economy in 2006/07, as measured by gross domestic product, according to figures released today by the Australian Bureau of Statistics (ABS). |
Non-profit institutions received income of $76.6 billion and employed close to 890,000 people during the same period.
The types of non-profit institution activities that contributed to gross value added were education and research (27%), health and hospitals (17%), culture and recreation (16%) and social services (16%).
Volunteers made an important contribution to non-profit institutions. In 2006/07, volunteers contributed 623 million hours to non-profit institutions, equating to 317,200 full-time equivalent jobs. The economic value of these hours was estimated to be
Further details are in Australian National Accounts: Non-Profit Institutions Satellite Account, 2006/07 (cat. no. 5256.0) available free from the ABS website <www.abs.gov.au>
- When reporting ABS data you must attribute the Australian Bureau of Statistics (or the ABS) as the source.