1367.0 - State and Territory Statistical Indicators, 2011  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 25/11/2011   
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INDUSTRY VALUE ADDED


  • The industries in Queensland which made the greatest contribution to the state's gross product in 2010-11 in volume terms were: Construction (9.2%), Ownership of dwellings (8.7%), Manufacturing (7.7%), Mining (7.5%), and Financial and insurance services (6.8%).
  • From 2000-01 to 2010-11, the Financial and insurance services industry recorded a 132.5% increase in value added. This represented the highest increase of all industries in Queensland. During the same period, the Accommodation and food services industry was the only industry to record a decrease, down by 1.2%.
Graph Image for Contribution to total GSP, top 5 industries, Queensland

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What is the contribution of individual industries to the gross product in your state or territory?

Industry Gross Value Added (IGVA) measures the value of industry production. It is used to measure the contribution of individual industries to the gross product of a state or territory.

Gross State Product (GSP) is a measure of the production of goods and services within a state or territory. This is defined equivalently to Gross Domestic Product (GDP) but is for a state/territory rather than for the nation as a whole.

These estimates are all expressed in Chain Volume terms. Chain Volume estimates provide time series of expenditure and production aggregates that are free of the direct effects of price change.