7123.4.55.001 - Agricultural State Profile, South Australia, 2003-04  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 30/09/2005   
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Contents >> 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 2003-04, the gross value of agricultural production for South Australia was $4.6 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 2003-04, the GFP for South Australia was $2.9 billion, or 5.3% of gross state product;
  • the value of exports of agricultural commodities from South Australia, which was $719 million in 2004-05.
GROSS FARM PRODUCT, South Australia
1999-2000
$m
2000-01
$m
2001-02
$m
2002-03
$m
2003-04
$m
Gross Farm Product (GFP) r
1,492
2,816
3,468
2,507
2,877
Gross State Product (GSP) r
41,263
44,826
48,009
50,249
53,897
GFP as % of GSP
3.6
6.3
7.2
5.0
5.3
r revised since last issue
Source: Australian National Accounts: State Accounts (cat. no. 5220.0).




This section contains the following subsection :
      Value of Agricultural Production

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