5256.0 - Australian National Accounts: Non-Profit Institutions Satellite Account, 1999-2000
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 28/11/2002
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MEDIA RELEASE
Non-profit institutions contribute 3.3% to GDP Non-profit institutions contributed $21 billion or 3.3% to Australia's GDP in 1999-2000, according to figures released by the Australian Bureau of Statistics (ABS) today. When the free services provided to non-profit institutions by volunteers were valued and included, the contribution rose to $30 billion or 4.7% of GDP. The economic value of volunteer services was estimated to be $8.9 billion. Non-profit institutions employed 604,000 people, or 6.8% of the total employed people in 1999-2000. Comparatively, the gross value added of non-profit institutions exceeded that of a number of industries including communication services, accommodation, cafes and restaurants and cultural and recreational services. At 3.4% of total gross value added in 1999-2000, its share was only slightly less than that of agriculture, forestry and fishing (3.5%). However, If the economic value of volunteering is also included, the share of GDP (4.9%) was greater than mining (4.6%). The types of non-profit institution activities that contributed to total gross value added were education and research (32%), culture and recreation (22%), social services (17%), health (15%), business and professional associations and unions (3%) and all other non-profit institutions (11%). Volunteers made an important contribution to non-profit institutions. In 1999-2000, volunteers contributed 558 million hours to non-profit institutions, equating to 285,000 full-time equivalent jobs. Further details are in Australian National Accounts: Non-Profit Institutions Satellite Account, 1999-2000 (cat. no. 5256.0). Document Selection These documents will be presented in a new window.
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