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5249.0 - Australian National Accounts: Tourism Satellite Account, 2013-14 Quality Declaration 
Latest ISSUE Released at 11:30 AM (CANBERRA TIME) 17/12/2014   
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KEY FIGURES


2012-13 to 2013-14 % change

Tourism
Total Economy

Gross Domestic Product (GDP)
Current prices
3.4
4.1
Chain volume measure
-0.4
2.5
Implicit Price Deflator
3.8
1.5
Gross Value Added at basic prices
Current prices
3.4
4.1
Chain volume measure
-0.5
2.6
Employed persons
-1.0
0.8
Hours worked index
-0.4
1.1
Gross value added per hour worked
-0.1
1.5
Consumer Price Index
n.a.
2.7

Graph Image for Direct tourism Gross Domestic Product and Consumer Price Index, All groups

2013-14 Key Points


CHAIN VOLUME MEASURES

        • Direct tourism Gross Domestic Product (GDP), in volume terms, decreased by 0.4%, compared with real GDP growth of 2.5%.
        • Direct tourism gross value added at basic prices, in volume terms decreased by 0.5%, compared to gross value added for all industries which increased by 2.6%.
        • The tourism GDP implicit price deflator (IPD) (which reflects broad price pressures faced across the tourism "sector" by both tourism industries and visitors) rose by 3.8% compared to the CPI which increased by 2.7%.
        • Internal tourism consumption (total domestic and international consumption in Australia) in volume terms, decreased marginally by 0.2%. Of this figure, domestic tourism consumption fell 0.4%, while international tourism consumption grew marginally by 0.2%.
        • Of the 0.4% decrease in domestic tourism consumption in volume terms, tourism consumption by households fell by 0.5%, while business/government tourism consumption increased by 0.5%
        • Direct tourism gross value added per hour work (a measure of tourism labour productivity) fell marginally by 0.1% compared to growth for the whole of the economy of 1.5%.

CURRENT PRICE MEASURES

GDP
        • Direct tourism GDP increased by 3.4% to $43,443m, compared with GDP growth of 4.1%
        • Tourism share of GDP decreased marginally from 2.8% to 2.7%
INDUSTRY GROSS VALUE ADDED
        • Direct tourism gross value added increased by 3.4% to $39,900m
TOURISM CONSUMPTION
        • Internal tourism consumption increased by 3.7% to $113,343m
        • Domestic tourism consumption increased by 3.5% to $86,168m
        • Tourism exports (international tourism consumption in Australia) increased by 4.1% to $27,176m
        • Tourism imports (outbound tourism consumption by Australian residents on outbound trips) increased by 3.6%% to $34,871m

TOURISM EMPLOYMENT
        • Tourism employed persons decreased by approximately 5,600 employees to 534,000 employed persons
        • Tourism share of total employment decreased marginally from 4.7% to 4.6%
        • Hours worked in tourism decreased by 0.4%, compared with an increase of 1.1% for the overall economy


NOTES


CHANGES IN THIS ISSUE

The 2013-14 publication introduces chain volume estimates and price indexes for the tourism industry into the annual TSA release. These estimates were first introduced as experimental estimates in an information paper (ABS cat no. 5249.0.55.004) in July 2004. See the explanatory notes paragraphs 5 and 55 to 60 for further information on tourism chain volume estimates and price indexes.

This publication also introduces new data in index form on tourism gross value added per hours worked. See the explanatory notes paragraphs 80 and 81 for further information on these indexes.

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