Murchison AreaEconomic profile
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Murchison Area

Output

In the Murchison Area, Mining had the largest output by industry, generating $907 million in 2017/18.

Output by industry is a gross measure of the total sales of each industry sector in Murchison Area. 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 Murchison Area’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.

National Economics (NIEIR) - Modelled series

Did you know? By clicking/tapping on a data row in the table you will be able to see sub categories.
Output by industry sector
Murchison Area - Constant prices2017/182012/13Change
Industry
(Click rows to view sub-categories)
$m%Tasmania%$m%Tasmania%2012/13 to 2017/18
Agriculture, Forestry and Fishing598.518.48.1446.614.16.2+151.9
Mining907.327.83.81,113.935.24.6-206.6
Manufacturing450.813.812.3476.615.114.0-25.8
Electricity, Gas, Water and Waste Services38.61.24.161.21.96.9-22.6
Construction458.514.110.8337.610.711.2+121.0
Wholesale Trade76.92.43.198.63.13.4-21.7
Retail Trade91.22.85.076.42.44.7+14.8
Accommodation and Food Services77.62.43.166.72.13.0+10.8
Transport, Postal and Warehousing97.83.05.1110.73.56.1-12.9
Information Media and Telecommunications22.80.73.617.90.63.6+4.9
Financial and Insurance Services48.71.56.934.91.15.8+13.8
Rental, Hiring and Real Estate Services22.80.72.219.60.62.0+3.2
Professional, Scientific and Technical Services28.70.93.524.30.83.2+4.3
Administrative and Support Services36.91.11.825.60.81.6+11.4
Public Administration and Safety56.81.76.648.31.56.4+8.5
Education and Training74.02.35.365.72.15.2+8.3
Health Care and Social Assistance110.83.410.296.53.08.8+14.2
Arts and Recreation Services19.90.61.810.50.31.5+9.4
Other Services39.21.22.632.91.01.9+6.2

Source: National Institute of Economic and Industry Research (NIEIR) ©2018. Compiled and presented in economy.id by .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

Output by industry sector 2017/18
Output by industry sector 2017/18 Agriculture, Forestry and Fishing, Tasmania: 8.1% Mining, Tasmania: 3.8% Manufacturing, Tasmania: 12.3% Electricity, Gas, Water and Waste Services, Tasmania: 4.1% Construction, Tasmania: 10.8% Wholesale Trade, Tasmania: 3.1% Retail Trade, Tasmania: 5.0% Accommodation and Food Services, Tasmania: 3.1% Transport, Postal and Warehousing, Tasmania: 5.1% Information Media and Telecommunications, Tasmania: 3.6% Financial and Insurance Services, Tasmania: 6.9% Rental, Hiring and Real Estate Services, Tasmania: 2.2% Professional, Scientific and Technical Services, Tasmania: 3.5% Administrative and Support Services, Tasmania: 1.8% Public Administration and Safety, Tasmania: 6.6% Education and Training, Tasmania: 5.3% Health Care and Social Assistance, Tasmania: 10.2% Arts and Recreation Services, Tasmania: 1.8% Other Services, Tasmania: 2.6% Agriculture, Forestry and Fishing, Murchison Area: 18.4% Mining, Murchison Area: 27.8% Manufacturing, Murchison Area: 13.8% Electricity, Gas, Water and Waste Services, Murchison Area: 1.2% Construction, Murchison Area: 14.1% Wholesale Trade, Murchison Area: 2.4% Retail Trade, Murchison Area: 2.8% Accommodation and Food Services, Murchison Area: 2.4% Transport, Postal and Warehousing, Murchison Area: 3.0% Information Media and Telecommunications, Murchison Area: 0.7% Financial and Insurance Services, Murchison Area: 1.5% Rental, Hiring and Real Estate Services, Murchison Area: 0.7% Professional, Scientific and Technical Services, Murchison Area: 0.9% Administrative and Support Services, Murchison Area: 1.1% Public Administration and Safety, Murchison Area: 1.7% Education and Training, Murchison Area: 2.3% Health Care and Social Assistance, Murchison Area: 3.4% Arts and Recreation Services, Murchison Area: 0.6% Other Services, Murchison Area: 1.2%
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts
Change in output by industry sector, 2012/13 to 2017/18
Change in output by industry sector, 2012/13 to 2017/18 Agriculture, Forestry and Fishing, Murchison Area: +$151.9 million Mining, Murchison Area: -$206.6 million Manufacturing, Murchison Area: -$25.8 million Electricity, Gas, Water and Waste Services, Murchison Area: -$22.6 million Construction, Murchison Area: +$121.0 million Wholesale Trade, Murchison Area: -$21.7 million Retail Trade, Murchison Area: +$14.8 million Accommodation and Food Services, Murchison Area: +$10.8 million Transport, Postal and Warehousing, Murchison Area: -$12.9 million Information Media and Telecommunications, Murchison Area: +$4.9 million Financial and Insurance Services, Murchison Area: +$13.8 million Rental, Hiring and Real Estate Services, Murchison Area: +$3.2 million Professional, Scientific and Technical Services, Murchison Area: +$4.3 million Administrative and Support Services, Murchison Area: +$11.4 million Public Administration and Safety, Murchison Area: +$8.5 million Education and Training, Murchison Area: +$8.3 million Health Care and Social Assistance, Murchison Area: +$14.2 million Arts and Recreation Services, Murchison Area: +$9.4 million Other Services, Murchison Area: +$6.2 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the output by industry sectors in Murchison Area in 2017/18 shows the three largest industries were:

  • Mining (907 million or 27.8%)
  • Agriculture, Forestry and Fishing (599 million or 18.4%)
  • Construction (459 million or 14.1%)

In combination these three industries accounted for $1,964 million in total or 60.3% of the total output by total industry in the Murchison Area.

In comparison, the same 3 industries in Tasmania accounted for 3.8% in Mining; 8.1% in Agriculture, Forestry and Fishing; and 10.8% in Construction.

The major differences between output by industries in the Murchison Area and Tasmania were:

  • A larger percentage of output by Mining (27.8% compared to 3.8%)
  • A larger percentage of output by Agriculture, Forestry and Fishing (18.4% compared to 8.1%)
  • A smaller percentage of output by Health Care and Social Assistance (3.4% compared to 10.2%)
  • A smaller percentage of output by Financial and Insurance Services (1.5% compared to 6.9%)

Emerging groups

The total industry output in the Murchison Area increased by $93.1 million between 2012/13 and 2017/18.

The largest changes in the output by industries between 2012/13 and 2017/18 in the Murchison Area were for:

  • Mining (-$207 million)
  • Agriculture, Forestry and Fishing (+$152 million)
  • Construction (+$121 million)

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