New Data: Economic Output

Addition of economic output, which provides an estimate of the gross value of goods and services transacted in a specific industry. This dataset is reported for the 2019-20 financial year.

New Data: Economic Output

Friday, 27 August 2021

Addition of economic output, which provides an estimate of the gross value of goods and services transacted in a specific industry. This dataset is reported for the 2019-20 financial year.

Output refers to the gross value of goods and services transacted, including the costs of goods and services used in the development and provision of the final product. Output typically overstates the economic impacts as it counts all goods and services used in one stage of production as an input to later stages of production, hence counting their contribution more than once.

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