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1301.0 - Year Book Australia, 2012  
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Service industries

SERVICE INDUSTRIES OVERVIEW

The contribution of an industry to the overall production of goods and services in an economy, gross domestic product (GDP), is measured by industry gross value added (GVA). Information on the relationship between industry GVA and GDP is provided in the INDUSTRY STRUCTURE AND PERFORMANCE chapter.

In 2010–11, the largest services-producing industry, in terms of industry GVA was the Financial and insurance services industry, which accounted for 10% of total GDP.

The Professional, scientific and technical services industry recorded the largest percentage increase in GVA over the period 2006–07 to 2010–11 (25%), or an average annual growth rate of 6% per year (in volume terms). The next largest average annual growth rate over the period was recorded by the Health care and social assistance industry (5%) and Arts and recreation services (3%). At the other end of the scale, the Accommodation and food services industry suffered a period of negative growth in GVA between 2006–07 and 2010–11, with an average annual decrease of 1% (table 22.1).


22.1 SERVICE INDUSTRIES(a), Gross value added(b)
2006–07
2010–11
Average annual growth
from 2006–07 to 2010–11
ANSZIC Division
$m
$m
%

Wholesale trade
51 168
54 794
1.8
Retail trade
54 551
59 092
2.1
Accommodation and food services
31 381
29 941
–1.1
Transport, postal and warehousing
61 288
67 720
2.6
Information media and telecommunications
38 472
42 367
2.5
Financial and insurance services
115 172
127 984
2.8
Rental, hiring and real estate services(c)
26 489
26 736
0.2
Professional, scientific and technical services
69 488
86 604
6.2
Administrative and support services
31 059
32 254
1.0
Public administration and safety
60 302
65 266
2.1
Education and training
52 890
58 821
2.8
Health care and social assistance
62 097
74 307
4.9
Arts and recreation services
9 906
11 172
3.2
Other services
22 955
22 671
–0.3
Total
687 218
759 729
2.6

(a) Classified according to the Australian and New Zealand Standard Industrial Classification (ANZSIC), 2006 edition (1292.0). Excludes the Electricity, gas, water and waste services industry, which is both a goods-producing and services-producing industry. See next section for more information.
(b) Volume measures. Reference year is 2009–10.
(c) Excludes ownership of dwellings.
Source: Australian System of National Accounts (5204.0).


Average annual total employment in the service industries in 2010–11 was 8,620,700 people (table 22.2), which represented 76% of all employment.

The largest employing service industry was Health care and social assistance, with average annual employment in 2010–11 of 1,291,800 people, accounting for 15% of total employment in the services sector. Other large employing industries were Retail trade (1,234,400 people), Education and training (866,900 people), and Professional, scientific and technical services (861,000 people).

Between 2009–10 and 2010–11, employment in the Rental, hiring and real estate services increased by 20,600 people or 11%, followed by Administrative and support services with 7% growth. The only decrease in total employed persons occurred in Wholesale trade with a fall of 11,500 people or nearly 3%.


22.2 SERVICE INDUSTRIES(a), Employment(b)
2009–10
2010–11
Change 2009–10 to 2010–11
ANSZIC Division
'000
'000
%

Wholesale trade
424.0
412.5
–2.7
Retail trade
1 195.9
1 234.4
3.2
Accommodation and food services
754.6
776.0
2.8
Transport, postal and warehousing
578.7
583.4
0.8
Information media and telecommunications
214.9
215.6
0.3
Financial and insurance services
402.3
406.1
0.9
Rental, hiring and real estate services
185.6
206.2
11.1
Professional, scientific and technical services
834.0
861.0
3.2
Administrative and support services
374.0
400.7
7.1
Public administration and safety
679.4
705.4
3.8
Education and training
830.8
866.9
4.3
Health care and social assistance
1 216.7
1 291.8
6.2
Arts and recreation services
197.8
201.9
2.1
Other services
454.0
458.8
1.1
Total
8 342.7
8 620.7
3.3

(a) Classified according to the Australian and New Zealand Standard Industrial Classification (ANZSIC), 2006 edition (1292.0). Excludes the Electricity, gas, water and waste services industry, which is both a goods-producing and services-producing industry.
(b) Annual average of quarterly data.
Source: Labour Force, Australia, Detailed, Quarterly (6291.0.55.003).

 

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Statistics contained in the Year Book are the most recent available at the time of preparation. In many cases, the ABS website and the websites of other organisations provide access to more recent data. Each Year Book table or graph and the bibliography at the end of each chapter provides hyperlinks to the most up to date data release where available.


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