Australia - Food, beverages and tobacco (% of value added in manufacturing)

The value for Food, beverages and tobacco (% of value added in manufacturing) in Australia was 24.95 as of 2019. As the graph below shows, over the past 56 years this indicator reached a maximum value of 27.13 in 2014 and a minimum value of 13.91 in 1968.

Definition: Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Food, beverages, and tobacco correspond to ISIC divisions 15 and 16.

Source: United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.

See also:

Year Value
1963 14.87
1964 14.86
1965 14.35
1966 14.56
1967 14.36
1968 13.91
1969 15.88
1970 16.03
1971 16.69
1972 17.38
1973 18.15
1974 16.19
1975 17.43
1976 18.17
1977 18.23
1978 18.58
1979 18.20
1980 17.23
1981 17.69
1982 16.97
1983 19.04
1984 19.18
1985 17.80
1986 18.19
1987 18.55
1988 18.19
1989 17.88
1990 18.00
1991 18.52
1992 20.33
1993 21.82
1994 21.74
1995 19.73
1996 19.73
1997 19.72
1998 19.66
1999 21.06
2000 21.15
2001 22.11
2002 21.17
2003 20.46
2004 20.16
2005 19.50
2006 18.83
2007 20.26
2008 20.39
2009 21.50
2010 23.87
2011 23.57
2012 24.92
2013 26.68
2014 27.13
2015 26.55
2016 25.68
2017 25.46
2018 24.77
2019 24.95

Development Relevance: Firms typically use multiple processes to produce a product. For example, an automobile manufacturer engages in forging, welding, and painting as well as advertising, accounting, and other service activities. Collecting data at such a detailed level is not practical, nor is it useful to record production data at the highest level of a large, multiplant, multiproduct firm. The ISIC has therefore adopted as the definition of an establishment "an enterprise or part of an enterprise which independently engages in one, or predominantly one, kind of economic activity at or from one location . . . for which data are available . . ." (United Nations 1990). By design, this definition matches the reporting unit required for the production accounts of the United Nations System of National Accounts. The ISIC system is described in the United Nations' International Standard Industrial Classification of All Economic Activities, Third Revision (1990). The discussion of the ISIC draws on Ryten (1998).

Limitations and Exceptions: In establishing classifications systems compilers must define both the types of activities to be described and the units whose activities are to be reported. There are many possibilities, and the choices affect how the statistics can be interpreted and how useful they are in analyzing economic behavior. The ISIC emphasizes commonalities in the production process and is explicitly not intended to measure outputs (for which there is a newly developed Central Product Classification). Nevertheless, the ISIC views an activity as defined by "a process resulting in a homogeneous set of products."

Statistical Concept and Methodology: The data on the distribution of manufacturing value added by industry are provided by the United Nations Industrial Development Organization (UNIDO). UNIDO obtains the data from a variety of national and international sources, including the United Nations Statistics Division, the World Bank, the Organisation for Economic Co-operation and Development, and the International Monetary Fund. To improve comparability over time and across countries, UNIDO supplements these data with information from industrial censuses, statistics from national and international organizations, unpublished data that it collects in the field, and estimates by the UNIDO Secretariat. Nevertheless, coverage may be incomplete, particularly for the informal sector. When direct information on inputs and outputs is not available, estimates may be used, which may result in errors in industry totals. Moreover, countries use different reference periods (calendar or fiscal year) and valuation methods (basic or producer prices) to estimate value added.

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts