NORTHERN TERRITORY
In 2005-06, the Northern Territory GSP level represented around 1% of Australian GDP.
Gross state product, Northern Territory - Chain volume measures(a) |
|  |
| 2000-01 | 2001-02 | 2002-03 | 2003-04 | 2004-05 | 2005-06 | |
Values ($m) | |
| |
| GSP(A) | 9 899 | 9 944 | 10 066 | 10 170 | 10 863 | 11 465 | |
| GSP(P) | 9 928 | 9 860 | 10 080 | 10 268 | 11 048 | 11 454 | |
| GSP(I/E) | 9 870 | 10 028 | 10 051 | 10 073 | 10 678 | 11 476 | |
| GDP | 784 017 | 813 542 | 839 187 | 873 197 | 896 568 | 921 747 | |
Percentage changes from previous year (%) | |
| |
| GSP(A) | 5.4 | 0.4 | 1.2 | 1.0 | 6.8 | 5.5 | |
| GSP(P) | 5.2 | -0.7 | 2.2 | 1.9 | 7.6 | 3.7 | |
| GSP(I/E) | 5.5 | 1.6 | 0.2 | 0.2 | 6.0 | 7.5 | |
| |
| (a) Reference year for chain volume measures is 2004-05. |
Gross State Product, Northern Territory
- Chain volume measures(a)
: Percentage changes from previous year
Northern Territory GSP(P) growth has been quite variable throughout the time series as illustrated by the graph.
GSP(P) and GSP(I/E) growth rates have shown similar growth rates over the period. However, there have been some years with significant differences. In 1999-2000 GSP(P) growth was 8.3% compared to 1.1% for GSP(I/E). In 2005-06 GSP(P) growth was 3.7% and GSP(I/E) 7.5%.
Difference between GSP(A) and GSP(I/E), Percentage changes
- Northern Territory
: Chain volume measures(a)
In eleven out of the sixteen years in the time series, the differences between GSP(A) and GSP(I/E) growth were less than 1.0 percentage point.
GSP, Northern Territory - Chain volume measures(a): Contribution to growth |
| |
| 2000-01 | 2001-02 | 2002-03 | 2003-04 | 2004-05 | 2005-06 | |
| % pts | % pts | % pts | % pts | % pts | % pts | |
| |
| Agriculture, forestry & fishing | 0.8 | 0.3 | -0.3 | -0.7 | 0.2 | -0.2 | |
| Mining | 9.6 | -8.1 | -3.8 | -4.7 | 2.1 | 0.3 | |
| Manufacturing | 0.6 | 0.7 | 0.8 | 0.3 | -0.3 | -0.7 | |
| Electricity, gas & water supply | -0.1 | 0.1 | -0.1 | -0.1 | - | 0.1 | |
| Construction | -0.8 | 1.2 | 1.0 | 0.6 | 0.7 | -0.1 | |
| Wholesale trade | -0.4 | -0.1 | 0.2 | -0.2 | - | 0.6 | |
| Retail trade | - | 0.2 | 0.1 | 0.2 | 0.1 | - | |
| Accommodation, cafes & restaurants | 0.1 | -0.2 | -0.1 | -0.1 | 0.3 | 0.2 | |
| Transport & storage | 0.1 | -0.1 | -0.1 | 0.3 | 0.5 | 0.2 | |
| Communication services | - | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | |
| Finance & insurance | 0.3 | 0.2 | -0.2 | -0.2 | -0.2 | -0.1 | |
| Property & business services | -0.8 | 1.3 | 0.9 | 2.0 | 2.0 | 2.7 | |
| Government administration & defence | -0.8 | -0.7 | 0.5 | 0.8 | 0.5 | -0.4 | |
| Education | -0.1 | 0.1 | -0.1 | - | 0.1 | 0.1 | |
| Health & community services | 0.2 | 0.4 | 0.5 | 0.2 | 0.3 | 0.3 | |
| Cultural & recreational services | 0.1 | 0.1 | 0.3 | 0.2 | 0.2 | - | |
| Personal & other services | 0.1 | -0.2 | -0.3 | 0.1 | 0.1 | 0.4 | |
| Ownership of dwellings | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.3 | |
| Taxes less subsidies on products | -0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | |
| Statistical discrepancy | 0.1 | 1.1 | -1.0 | -0.8 | -0.9 | 1.7 | |
| GSP(A) | 5.4 | 0.4 | 1.2 | 1.0 | 6.8 | 5.5 | |
| |
| - nil or rounded to zero (including null cells) |
| (a) Reference year for chain volume measures is 2004-05. |
In 2005-06, Property and business services (2.7 percentage points) and Wholesale trade (0.6 percentage points) were the largest positive contributors to the Northern Territory GSP growth. Conversely, Manufacturing (-0.7 percentage points) and Government administration (-0.4 percentage points) were the largest detractors from growth.
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