QUEENSLAND
Queensland is the third largest state in Australia in terms of GSP. In 2005-06 it represented around 18% of Australian GDP in level terms.
Gross state product, Queensland - Chain volume measures(a) |
|  |
| 2000-01 | 2001-02 | 2002-03 | 2003-04 | 2004-05 | 2005-06 | |
Values ($m) | |
| |
| GSP(A) | 130 837 | 139 069 | 144 925 | 153 497 | 160 693 | 168 853 | |
| GSP(P) | 131 476 | 139 507 | 143 898 | 153 342 | 160 400 | 168 769 | |
| GSP(I/E) | 130 197 | 138 631 | 145 951 | 153 652 | 160 986 | 168 937 | |
| GDP | 784 017 | 813 542 | 839 187 | 873 197 | 896 568 | 921 747 | |
Percentage changes from previous year (%) | |
| |
| GSP(A) | 2.8 | 6.3 | 4.2 | 5.9 | 4.7 | 5.1 | |
| GSP(P) | 4.4 | 6.1 | 3.1 | 6.6 | 4.6 | 5.2 | |
| GSP(I/E) | 1.3 | 6.5 | 5.3 | 5.3 | 4.8 | 4.9 | |
| |
| (a) Reference year for chain volume measures is 2004-05. |
Gross State Product, Queensland
- Chain volume measures(a)
: Percentage changes from previous year
Queensland's GSP(P) growth has been positive over the whole time period with relatively strong growth for the period 1992-93 to 2005-06, varying between 3.1% and 6.6%.
The growth in GSP(P) and GSP(I/E) has been fairly similar over the time series, except for 1999-2000 (1.9 percentage points), 2000-01 (3.1 percentage points) and 2002-03 (2.2 percentage points).
Throughout the time series, the difference between GSP(A) and GSP(I/E) growth has been less than 1.0 percentage point except in 2000-01 and 2002-03 where differences were 1.5 and 1.1 percentage points respectively.
Difference between GSP(A) and GSP(I/E), Percentage changes
- Queensland
: Chain volume measures(a)
GSP, Queensland - Chain volume measures(a): Contribution to growth |
| |
| 2000-01 | 2001-02 | 2002-03 | 2003-04 | 2004-05 | 2005-06 | |
| % pts | % pts | % pts | % pts | % pts | % pts | |
| |
| Agriculture, forestry & fishing | - | -0.1 | -0.6 | 0.6 | 0.2 | -0.1 | |
| Mining | 1.2 | 0.5 | -0.1 | 0.3 | 0.6 | -0.1 | |
| Manufacturing | 0.6 | 0.6 | 0.6 | 0.3 | 0.2 | 0.3 | |
| Electricity, gas & water supply | 0.2 | 0.1 | - | 0.1 | - | 0.2 | |
| Construction | -0.8 | 0.6 | 0.9 | 0.6 | 0.4 | 0.7 | |
| Wholesale trade | 0.3 | 0.4 | - | 0.3 | 0.2 | 0.2 | |
| Retail trade | 0.2 | 0.3 | 0.4 | 0.7 | 0.4 | 0.1 | |
| Accommodation, cafes & restaurants | 0.2 | -0.2 | 0.2 | 0.3 | - | 0.3 | |
| Transport & storage | 0.3 | 0.4 | 0.1 | 0.3 | 0.3 | 0.2 | |
| Communication services | - | 0.1 | 0.2 | 0.1 | 0.1 | 0.2 | |
| Finance & insurance | 0.5 | 0.5 | - | 0.3 | 0.4 | 0.5 | |
| Property & business services | 0.7 | 1.1 | 0.6 | 1.3 | 0.7 | 1.4 | |
| Government administration & defence | 0.2 | 0.2 | -0.3 | 0.2 | 0.3 | 0.3 | |
| Education | 0.2 | 0.1 | 0.1 | 0.2 | - | 0.2 | |
| Health & community services | 0.3 | 0.3 | 0.2 | 0.3 | 0.3 | 0.3 | |
| Cultural & recreational services | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | - | |
| Personal & other services | 0.2 | 0.3 | -0.1 | - | 0.1 | 0.1 | |
| Ownership of dwellings | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.3 | |
| Taxes less subsidies on products | -0.2 | 0.4 | 0.4 | 0.3 | 0.2 | 0.1 | |
| Statistical discrepancy | -1.5 | 0.2 | 1.1 | -0.6 | 0.1 | -0.2 | |
| GSP(A) | 2.8 | 6.3 | 4.2 | 5.9 | 4.7 | 5.1 | |
| |
| - nil or rounded to zero (including null cells) |
| (a) Reference year for chain volume measures is 2004-05. |
In 2005-06, the main industries that contributed to Queensland GSP growth were Property and business services (1.4 percentage points), Construction (0.7 percentage points) and Finance and insurance (0.5 percentage points). Only Agriculture, forestry and fishing and Mining (-0.1 percentage points) detracted from Queensland growth in 2005-06. Mining contribution to GSP(P) growth was flat in 2005-06 due to capacity constraints limiting growth and an increase in lead, silver and zinc production being offset by falls in copper and coal production.
Print Page
Print All