Production approach: GSP (P)

Source: Australian Bureau of Statistics catalogue number 5220.0

Gross value added

In 2019-20, the gross value added of all industries was $25.0 billion, an increase of 6.1% from the previous year.

The largest sectors in 2019-20 were:

• mining ($7.5 billion)
• public administration and safety ($3.1 billion)
• health care and social assistance ($1.9 billion)
• construction ($1.5 billion)
• education and training ($1.2 billion).

The sectors that reported growth in 2019-20 were:

• mining (39.7%)
• health care and social assistance (3.5%)
• public administration and safety (3.0%)
• financial and insurance services (1.0%)
• electricity, gas and water services (0.9%).

All other sectors reported declines in the year, with the largest declines in:

• wholesale trade (-19.9%)
• construction (-15.7%)
• transport, postal, and warehousing (-11.0%)
• professional, scientific and technical services (-10.3%)
• accommodation and food services (-8.1%).

In 2019-20, the major contributors to GSP growth were:

• mining (8.6 percentage points)
• public administration and safety (0.4 percentage points)
• health care and social assistance (0.3 percentage points).