City of Launceston

Output

In the City of Launceston, Health Care and Social Assistance had the largest output by industry, generating $1,486 million in 2021/22.

Output by industry is a gross measure of the total sales of each industry sector in the City of Launceston. It does not measure how productive each industry sector is at producing this output - which is measured by value added.

By comparing the output of each industry sector to a regional benchmark, you can clearly see the structure of the City of Launceston’s economy. This can be done by directly comparing the percentage contribution of each industry to the total output, relative to the benchmark, or by using a location quotient, where a number greater than one indicates a high concentration of that industry and less than one indicates a lower concentration.

To get the full picture how each industry sector contributes to the regional or state economy, output data should be viewed alongside the other industry characteristics in the Industry sector analysis section.

Detailed data notes about how the figures are derived can be found in the specific topic notes section.

The gross measure of output includes the value of all the inputs to each industry.

Data source

National Economics (NIEIR) - Modelled series

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Output by industry sector
City of Launceston2021/222016/17Change
Industry$m%. Tasmania$m%. Tasmania2016/17 - 2021/22
Agriculture, Forestry and Fishing283.93.210.6234.13.19.0+49.8
Mining15.30.22.619.20.33.1-3.9
Manufacturing833.09.412.6805.510.813.2+27.5
Electricity, Gas, Water and Waste Services346.93.94.4269.13.64.4+77.8
Construction1,033.411.714.1837.111.213.3+196.4
Wholesale Trade347.93.92.9333.64.53.2+14.3
Retail Trade590.16.74.5475.76.44.8+114.4
Accommodation and Food Services267.13.02.4193.42.62.6+73.7
Transport, Postal and Warehousing509.85.84.8369.35.05.4+140.5
Information Media and Telecommunications257.22.93.3281.03.83.2-23.8
Financial and Insurance Services833.79.44.9754.510.15.2+79.3
Rental, Hiring and Real Estate Services118.01.31.194.61.31.2+23.5
Professional, Scientific and Technical Services389.94.43.8336.14.53.5+53.8
Administrative and Support Services209.62.42.1140.61.91.9+69.0
Public Administration and Safety444.95.06.6369.95.06.3+75.0
Education and Training587.46.75.1572.07.75.7+15.5
Health Care and Social Assistance1,486.216.811.11,081.814.510.4+404.5
Arts and Recreation Services76.00.91.370.10.91.5+5.9
Other Services197.32.21.7216.22.92.3-18.9
Total industries8,827.8100.0100.07,453.4100.0100.0+1,374.4

Source: National Institute of Economic and Industry Research (NIEIR) ©2023. ©2023. Compiled and presented in economy.id by .id (informed decisions). Data are based on a 2020/21 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

Please refer to specific data notes for more information
Did you know? By clicking/tapping on a category in the chart below you will be able to drilldown to the sub categories.
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Dominant groups

An analysis of the output by industry sectors in the City of Launceston in 2021/22 shows the three largest industries were:

  • Health Care and Social Assistance ($1,486 million or 16.8%)
  • Construction ($1,033 million or 11.7%)
  • Financial and Insurance Services ($834 million or 9.4%)

In combination these three industries accounted for $3,353 million in total or 38.0% of the total output by total industry in the the City of Launceston.

In comparison, the same 3 industries in Tasmania accounted for 11.1% in Health Care and Social Assistance; 14.1% in Construction and 4.9% in Financial and Insurance Services.

The major differences between output by industries of the City of Launceston and Tasmania were:

  • A smaller percentage of output by Agriculture, Forestry and Fishing (3.2% compared to 10.6%)
  • A larger percentage of output by Health Care and Social Assistance (16.8% compared to 11.1%)
  • A larger percentage of output by Financial and Insurance Services (9.4% compared to 4.9%)
  • A smaller percentage of output by Manufacturing (9.4% compared to 12.6%)

Emerging groups

The total industry output in the City of Launceston increased by $1,374 million between 2016/17 and 2021/22.

The largest changes in the output by industries between 2016/17 and 2021/22 in the City of Launceston were for:

  • Health Care and Social Assistance (+$404 million)
  • Construction (+$196 million)
  • Transport, Postal and Warehousing (+$140 million)
  • Retail Trade (+$114 million)

City of Launceston

economic profile