In the King Island Council area, Agriculture, Forestry and Fishing had the highest local sales, generating $22 million in 2018/19.
Local sales by industry measures the output of local industries that is sold locally. This includes sales to local consumers, businesses and other organisations.
To get the full picture how each industry sector contributes to the regional or state economy, local sales data should be viewed alongside the other industry characteristics in the Industry sector analysis section.
Detailed notes about how the figures are derived can be found in the specific topic notes section.
National Economics (NIEIR) - Modelled series
|Local sales by industry sector|
|King Island Council area - Constant prices||2018/19||2013/14||Change|
|Industry||$m||%||Tasmania||$m||%||Tasmania||2013/14 - 2018/19|
|Agriculture, Forestry and Fishing||22.3||20.3||5.0||27.5||27.9||4.8||-5.1|
|Electricity, Gas, Water and Waste Services||8.7||7.9||4.5||7.0||7.1||5.2||+1.7|
|Accommodation and Food Services||3.5||3.1||3.2||3.1||3.2||3.4||+0.4|
|Transport, Postal and Warehousing||6.0||5.5||4.8||6.5||6.6||5.4||-0.4|
|Information Media and Telecommunications||1.1||1.0||3.5||1.4||1.5||3.4||-0.3|
|Financial and Insurance Services||2.3||2.1||6.0||2.6||2.6||6.2||-0.3|
|Rental, Hiring and Real Estate Services||3.5||3.2||3.9||1.8||1.8||3.2||+1.7|
|Professional, Scientific and Technical Services||0.9||0.9||5.3||0.9||0.9||4.8||+0.0|
|Administrative and Support Services||2.8||2.6||3.0||1.8||1.8||3.1||+1.0|
|Public Administration and Safety||6.0||5.4||5.1||6.7||6.8||5.8||-0.7|
|Education and Training||3.3||3.0||4.5||3.1||3.1||4.3||+0.2|
|Health Care and Social Assistance||7.9||7.2||8.8||3.9||4.0||7.0||+4.0|
|Arts and Recreation Services||1.2||1.1||1.1||0.7||0.7||1.0||+0.6|
Source: National Institute of Economic and Industry Research (NIEIR) ©2019. Compiled and presented in economy.id by .id the population experts NIEIR-ID data are adjusted each year, using updated employment estimates. .id the population experts. Data are based on a 2016-17 price base for all years. NIEIR-ID data are inflation adjusted each year to allow direct comparison, and annual data releases adjust previous years’ figures to a new base year.Learn more
An analysis of the local sales by industry sectors in the King Island Council area in 2018/19 shows the three largest industries were:
- Agriculture, Forestry and Fishing ($22million or 20.3%)
- Construction ($19million or 17.4%)
- Manufacturing ($12million or 10.5%)
In combination these three industries accounted for $53 million in total or 48.2% of the total local sales by total industry in the the King Island Council area.
In comparison, the same 3 industries in Tasmania accounted for 5.0% in Agriculture, Forestry and Fishing; 23.0% in Construction and 6.7% in Manufacturing.
The major differences between local sales by industries of the King Island Council area and Tasmania were:
- A larger percentage of local sales by Agriculture, Forestry and Fishing (20.3% compared to 5.0%)
- A smaller percentage of local sales by Construction (17.4% compared to 23.0%)
- A smaller percentage of local sales by Professional, Scientific and Technical Services (0.9% compared to 5.3%)
- A smaller percentage of local sales by Financial and Insurance Services (2.1% compared to 6.0%)
The total local sales by industry in the King Island Council area $increased by 12 million between 2013/14 and 2018/19.
The largest changes in the local sales by industries between 2013/14 and 2018/19 in the King Island Council area were for:
- Agriculture, Forestry and Fishing (-$5 million)
- Health Care and Social Assistance (+$4 million)
- Manufacturing (+$4 million)
- Construction (+$3 million)