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| | Jun.2002 | Jun.2003 | Jun.2004 |
| Table 8. EXPENDITURE COMPONENTS OF GROSS STATE PRODUCT, | | | |
| Victoria - Current prices ($m) | | | |
|
Final consumption expenditure |
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|
|
| General government | | | |
| National | 11442 | 12376 | 12884 |
| State and local | 18966 | 20636 | 21051 |
| Total general government | 30408 | 33011 | 33936 |
| Households | | | |
| Food | 12243 | 12941 | 13736 |
| Alcoholic beverages and tobacco | 4311 | 4423 | 4718 |
| Clothing and footwear | 4337 | 4723 | 4994 |
| Rent and other dwelling services | 18876 | 19908 | 20875 |
| Electricity, gas and other fuel | 2686 | 3088 | 3294 |
| Furnishings and other household equipment | 6422 | 6706 | 7120 |
| Health | 5661 | 6270 | 6931 |
| Transport | 13824 | 14493 | 15045 |
| Communications | 3028 | 3318 | 3561 |
| Recreation and culture | 13976 | 14677 | 15038 |
| Education services | 4095 | 4437 | 4789 |
| Hotels, cafes and restaurants | 6934 | 6961 | 7841 |
| Miscellaneous goods and services | 14254 | 15115 | 16455 |
| Net expenditure interstate | 888 | 1476 | 1248 |
| Total households | 111536 | 118535 | 125644 |
| Total final consumption expenditure | 141944 | 151547 | 159580 |
| Private gross fixed capital formation | | | |
| Private business investment | | | |
| Machinery and equipment | | | |
| New | 14365 | 15734 | 15470 |
| Net purchases of second hand assets | -1130 | -1082 | -1035 |
| Total machinery and equipment | 13235 | 14652 | 14435 |
| Non-dwelling construction | | | |
| New building | 4423 | 5833 | 6519 |
| New engineering construction | 2371 | 2992 | 3326 |
| Net purchases of second hand assets | -259 | -62 | -426 |
| Total non-dwelling construction | 6534 | 8763 | 9419 |
| Livestock | 637 | 461 | 651 |
| Intangible fixed assets | 2692 | 2928 | 2887 |
| Total private business investment | 23098 | 26804 | 27393 |
| Dwellings | 12077 | 13464 | 15041 |
| Ownership transfer costs | 2945 | 3324 | 3666 |
| Total private gross fixed capital formation | 38120 | 43592 | 46100 |
| Public gross fixed capital formation | | | |
| Public corporations | | | |
| Commonwealth | 802 | 529 | 746 |
| State and local | 1279 | 1664 | 1953 |
| Total public corporations | 2081 | 2193 | 2698 |
| General government | | | |
| National | 870 | 1012 | 1053 |
| State and local | 2935 | 3322 | 3306 |
| Total general government | 3804 | 4333 | 4359 |
| Total public gross fixed capital formation | 5885 | 6527 | 7057 |
| Total gross fixed capital formation | 44006 | 50119 | 53157 |
| State final demand | 185950 | 201665 | 212737 |
| International trade-exports of goods | 24368 | 20723 | 19332 |
| less International trade-imports of goods | 37557 | 42129 | 40728 |
| International trade-exports of services | 7599 | 7635 | 7890 |
| less International trade-imports of services | 8240 | 8074 | 8300 |
| Balancing item(a) | 13463 | 17445 | 21312 |
| Gross state product | 185583 | 197266 | 212243 |
n.r. not recorded |
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| (b) Calculated as the residual of GSP less state final demand less international trade in exports of goods and services, | | | |
| plus international trade in imports of goods and services. The balancing item implicitly comprises changes in inventories, | | | |
| total net interstate trade and statistical discrepancy. | | | |
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