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| | Jun.2002 | Jun.2003 | Jun.2004 |
| Table 5. EXPENDITURE COMPONENTS OF GROSS STATE PRODUCT, New | | | |
| South Wales - Chain volume measures ($m)(a) | | | |
|
Final consumption expenditure |
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|
|
| General government | | | |
| National | 14443 | 14902 | 15414 |
| State and local | 28627 | 29488 | 30257 |
| Total general government | 43069 | 44389 | 45672 |
| Households | | | |
| Food | 16675 | 16838 | 17034 |
| Alcoholic beverages and tobacco | 6763 | 7271 | 7304 |
| Clothing and footwear | 5890 | 6027 | 6346 |
| Rent and other dwelling services | 29609 | 30640 | 31755 |
| Electricity, gas and other fuel | 2696 | 2703 | 2853 |
| Furnishings and other household equipment | 7808 | 8544 | 8865 |
| Health | 6859 | 7385 | 7662 |
| Transport | 19530 | 19660 | 20759 |
| Communications | 4314 | 4588 | 4866 |
| Recreation and culture | 18092 | 19030 | 20674 |
| Education services | 5317 | 5555 | 5731 |
| Hotels, cafes and restaurants | 14156 | 14375 | 14637 |
| Miscellaneous goods and services | 21345 | 21821 | 22773 |
| Net expenditure interstate | 1811 | 1369 | 1413 |
| Total households | 160817 | 165751 | 172672 |
| Total final consumption expenditure | 203880 | 210134 | 218344 |
| Private gross fixed capital formation | | | |
| Private business investment | | | |
| Machinery and equipment | | | |
| New | 14233 | 15420 | 17267 |
| Net purchases of second hand assets | -863 | -736 | -1004 |
| Total machinery and equipment | 13373 | 14684 | 16263 |
| Non-dwelling construction | | | |
| New building | 5352 | 6935 | 7597 |
| New engineering construction | 1731 | 2038 | 2988 |
| Net purchases of second hand assets | -105 | 23 | -323 |
| Total non-dwelling construction | 6935 | 8976 | 10263 |
| Livestock | 476 | 230 | 581 |
| Intangible fixed assets | 3375 | 3804 | 4048 |
| Total private business investment | 24379 | 27658 | 31155 |
| Dwellings | 15403 | 18342 | 18562 |
| Ownership transfer costs | 6108 | 6242 | 5918 |
| Total private gross fixed capital formation | 45625 | 52036 | 55635 |
| Public gross fixed capital formation | | | |
| Public corporations | | | |
| Commonwealth | 972 | 803 | 1016 |
| State and local | 2886 | 3261 | 3316 |
| Total public corporations | 3874 | 4060 | 4332 |
| General government | | | |
| National | 1017 | 1199 | 1314 |
| State and local | 4608 | 4858 | 4981 |
| Total general government | 5572 | 6041 | 6295 |
| Total public gross fixed capital formation | 9457 | 10104 | 10627 |
| Total gross fixed capital formation | 55070 | 62145 | 66262 |
| State final demand | 258846 | 272263 | 284606 |
| International trade-exports of goods | 23599 | 22375 | 22576 |
| less International trade-imports of goods | 42387 | 48348 | 53765 |
| International trade-exports of services | 15593 | 15314 | 15554 |
| less International trade-imports of services | 13287 | 13583 | 16042 |
| Balancing item(b) | 38265 | 38744 | 37817 |
| Gross state product | 280628 | 286765 | 290746 |
n.r. not recorded |
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| (a) Reference year for chain volume measures is 2003-04. | | | |
| (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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