7123.4.55.001 - Agricultural State Profile, South Australia, 2004-05  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 28/09/2006   
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Contents >> Agriculture >> Agriculture and the economy

The contribution of agriculture to the South Australian economy can be measured in a number of ways. The most direct measurement available is the gross value of agricultural production, which is the value placed on recorded production at wholesale prices realised in the market place. In 2004-05, the gross value of agricultural production for South Australia was $3.9 billion.

Other measures of the contribution of agriculture to the economy include:

  • gross farm product (GFP), a measure of the value added in production by farm businesses. In 2004-05, the GFP for South Australia was $2.8 billion, or 4.7% of gross state product.
  • the value of exports of agricultural commodities from South Australia, which was $787 million in 2005-06.


GROSS FARM PRODUCT, South Australia
2000-01
$m
2001-02
$m
2002-03
$m
2003-04
$m
2004-05
$m
Gross Farm Product (GFP) r
3,045
3,731
2,692
3,062
2,833
Gross State Product (GSP) r
47,388
50,834
53,635
56,737
59,819
GFP as % of GSP
6.4
7.3
5.0
5.4
4.7
r revised since previous issue
Source: Australian National Accounts: State Accounts (cat. no. 5220.0).



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