Key facts
- Between 2016 and 2017, approximate Gross Value Added (aGVA) increased for three of the four main sectors of the non-financial business economy – Services (+7.0%), Primary Industries (+32.0%) and Construction (+7.6%). Manufacturing was the only main sector that experienced a decrease in aGVA year-on-year (-2.1%).
- In 2017, the largest contribution to aGVA within the Services sector came from Retail Trade (11.0%), followed by Wholesale Trade (8.1%), then Architectural and Engineering Activities (8.0%).
- In 2017, the largest contribution to aGVA within the Manufacturing sector came from Manufacture of Beverages (17.6%), followed by Manufacture of Food Products (12.8%), then Manufacture of Fabricated Metal Products (9.4%).
- Out of the six key Growth Sectors, five experienced an increase in aGVA between 2016 and 2017: Energy (+29.6%), Creative Industries (+11.1%), Food & Drink includes Agriculture (+6.3%), Sustainable Tourism (+6.0%) and Business Services (+4.7%). Life Sciences was the only growth sector that experienced a decrease in aGVA between 2016 and 2017 (-6.1%).
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