Tasmania

Output

In Tasmania, Construction had the largest output by industry, generating $10,652 million in 2023/24.

Output by industry is a gross measure of the total sales of each industry sector in Tasmania. 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 Tasmania’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
Tasmania2023/242018/19Change
Industry$m%. Tasmania$m%. Tasmania2018/19 - 2023/24
Agriculture, Forestry and Fishing7,757.710.910.96,509.510.210.2+1,248.2
Mining2,856.14.04.02,459.83.93.9+396.3
Manufacturing6,830.99.69.68,571.113.513.5-1,740.2
Electricity, Gas, Water and Waste Services3,117.54.44.42,565.04.04.0+552.4
Construction10,651.815.015.09,719.715.315.3+932.1
Wholesale Trade2,018.52.82.81,794.92.82.8+223.6
Retail Trade2,855.54.04.02,761.54.34.3+94.0
Accommodation and Food Services1,966.02.82.81,751.32.82.8+214.7
Transport, Postal and Warehousing4,820.46.86.84,170.56.66.6+649.9
Information Media and Telecommunications1,832.82.62.61,813.92.92.9+18.9
Financial and Insurance Services3,314.34.74.72,974.84.74.7+339.4
Rental, Hiring and Real Estate Services746.61.11.1653.41.01.0+93.2
Professional, Scientific and Technical Services2,460.63.53.52,192.23.43.4+268.4
Administrative and Support Services1,196.81.71.71,113.01.71.7+83.8
Public Administration and Safety4,931.86.96.93,663.15.85.8+1,268.7
Education and Training3,395.94.84.82,982.24.74.7+413.6
Health Care and Social Assistance8,394.511.811.86,350.410.010.0+2,044.2
Arts and Recreation Services848.01.21.2765.91.21.2+82.1
Other Services1,108.51.61.6816.61.31.3+291.9
Total industries71,104.1100.0100.063,629.0100.0100.0+7,475.1

Source: National Institute of Economic and Industry Research (NIEIR) ©2025. Compiled and presented in economy.id by .id (informed decisions). Note: All $ values are expressed in 2022/23 base year dollar terms. 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
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Dominant groups

An analysis of the output by industry sectors in Tasmania in 2023/24 shows the three largest industries were:

  • Construction ($10,652 million or 15.0%)
  • Health Care and Social Assistance ($8,395 million or 11.8%)
  • Agriculture, Forestry and Fishing ($7,758 million or 10.9%)

In combination these three industries accounted for $26,804 million in total or 37.7% of the total output by total industry in the Tasmania.

In comparison, the same 3 industries in Tasmania accounted for 15.0% in Construction; 11.8% in Health Care and Social Assistance and 10.9% in Agriculture, Forestry and Fishing.

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

  • A smaller percentage of output by Other Services (1.6% compared to 1.6%)
  • A smaller percentage of output by Arts and Recreation Services (1.2% compared to 1.2%)
  • A smaller percentage of output by Health Care and Social Assistance (11.8% compared to 11.8%)
  • A smaller percentage of output by Education and Training (4.8% compared to 4.8%)

Emerging groups

The total industry output in Tasmania increased by $7,475 million between 2018/19 and 2023/24.

The largest changes in the output by industries between 2018/19 and 2023/24 in Tasmania were for:

  • Health Care and Social Assistance (+$2,044 million)
  • Public Administration and Safety (+$1,269 million)
  • Agriculture, Forestry and Fishing (+$1,248 million)
  • Construction (+$932 million)

State Growth Tasmania

economic profile