City of Launceston
In City of Launceston, Health Care and Social Assistance had the largest output by industry, generating $1,249 million in 2018/19.
Output by industry is a gross measure of the total sales of each industry sector in Northern Tasmania Region. It does not measure how productive each industry sector is at producing this output - which is measured by value added.
By comparing the output of each industry sector to a regional benchmark, you can clearly see the structure of Northern Tasmania Region’s economy. This can be done by directly comparing the percentage contribution of each industry to the total output, relative to the benchmark, or by using a location quotient, where a number greater than one indicates a high concentration of that industry and less than one indicates a lower concentration.
To get the full picture how each industry sector contributes to the regional or state economy, output data should be viewed alongside the other industry characteristics in the Industry sector analysis section.
Detailed data notes about how the figures are derived can be found in the specific topic notes section.
The gross measure of output includes the value of all the inputs to each industry.
National Economics (NIEIR) - Modelled series
|Output by industry sector|
|City of Launceston - Constant prices||2018/19||2013/14||Change|
|Industry (Click rows to view sub-categories)||$m||%||Regional TAS%||$m||%||Regional TAS%||2013/14 to 2018/19|
|Agriculture, Forestry and Fishing||208.2||2.7||15.0||152.1||2.1||11.6||+56.1||23000||P|
|Electricity, Gas, Water and Waste Services||282.1||3.7||2.8||313.8||4.4||3.1||-31.7||23300||P|
|Accommodation and Food Services||258.2||3.4||2.8||244.9||3.4||2.9||+13.3||23700||P|
|Transport, Postal and Warehousing||332.8||4.4||5.8||346.2||4.8||6.0||-13.4||23800||P|
|Information Media and Telecommunications||355.3||4.6||2.3||308.6||4.3||2.0||+46.6||23900||P|
|Financial and Insurance Services||817.6||10.7||4.3||745.1||10.4||4.2||+72.5||24000||P|
|Rental, Hiring and Real Estate Services||189.4||2.5||1.6||152.2||2.1||1.5||+37.2||24100||P|
|Professional, Scientific and Technical Services||290.6||3.8||2.1||241.3||3.4||1.9||+49.3||24200||P|
|Administrative and Support Services||150.3||2.0||1.7||159.1||2.2||1.8||-8.8||24300||P|
|Public Administration and Safety||314.9||4.1||2.8||389.1||5.4||3.7||-74.2||24400||P|
|Education and Training||559.6||7.3||4.4||494.5||6.9||4.4||+65.1||24500||P|
|Health Care and Social Assistance||1,249.0||16.3||10.2||938.3||13.1||7.9||+310.7||24600||P|
|Arts and Recreation Services||70.6||0.9||1.1||55.3||0.8||1.0||+15.3||24700||P|
Source: National Institute of Economic and Industry Research (NIEIR) (opens a new window) ©2019. Compiled and presented in economy.id by .id (opens a new window), 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 output by industry sectors in City of Launceston in 2018/19 shows the three largest industries were:
- Health Care and Social Assistance (1,249 million or 16.3%)
- Financial and Insurance Services (818 million or 10.7%)
- Manufacturing (817 million or 10.7%)
In combination these three industries accounted for $2,884 million in total or 37.7% of the total output by total industry in City of Launceston.
In comparison, the same 3 industries in Regional TAS accounted for 10.2% in Health Care and Social Assistance; 4.3% in Financial and Insurance Services; and 15.5% in Manufacturing.
The major differences between output by industries in City of Launceston and Regional TAS were:
- A larger percentage of output by Financial and Insurance Services (10.7% compared to 4.3%)
- A larger percentage of output by Health Care and Social Assistance (16.3% compared to 10.2%)
- A smaller percentage of output by Agriculture, Forestry and Fishing (2.7% compared to 15.0%)
- A smaller percentage of output by Manufacturing (10.7% compared to 15.5%)
The total industry output in City of Launceston increased by $484.5 million between 2013/14 and 2018/19.
The largest changes in the output by industries between 2013/14 and 2018/19 in City of Launceston were for:
- Health Care and Social Assistance (+$311 million)
- Manufacturing (-$75 million)
- Public Administration and Safety (-$74 million)
- Financial and Insurance Services (+$72 million)