Australian Bureau of Statistics
Celebrating the International Year of Statistics 2013

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The contribution of service industries to the Tasmanian economy can be assessed in terms of its contribution to Gross State Product (GSP). GSP is the total market value of goods and services produced in Tasmania within a given period after deducting the cost of goods and services used up in the process of production, but before deducting allowances for the consumption of fixed capital.

In 2003-04, the service industries sector contributed 56.6% to Tasmania's GSP based on factor incomes (i.e. compensation of employees, gross operating surplus and gross mixed income).

Compensation of employees includes wages and salaries, employer contributions to pension and superannuation funds, and premiums paid by employers to workers' compensation schemes. In 2003-04, some 75.5% of Tasmania's compensation of employees was in service industries.

Gross operating surplus and gross mixed income is defined as gross value added minus compensation of employees, minus taxes on production and imports payable plus subsidies receivable. In 2003-04, some 35.3% of Tasmania's gross operating surplus and gross mixed income was in service industries.

	Compensation of employees		Gross operating surplus and gross mixed income		Gross State Product(b)
	$m	% of Tas. total	$m	% of Tas. total	$m	% of Tas. total
1998-99	3,928	71.8	1,505	r32.3	5,433	r53.7
1999-2000	4,023	73.7	r1,488	r32.0	r5,511	r54.5
2000-01	4,213	74.7	1,528	r32.1	5,741	r55.2
2001-02	r4,444	r74.9	1,738	r33.1	r6,182	r55.3
2002-03	r4,781	r75.3	r1,887	34.1	r6,668	56.1
2003-04	5,159	75.5	2,149	35.3	7,308	56.6