Download Agri-Food Statistics Update

Agri-Food
Statistics Update
Issue No: GDP13-1
Collected from a variety of sources, the Statistics and
Data Development Branch monitors statistical
indicators of agri-food activity for Alberta. The AgriFood Statistics Update is designed to provide users
with commentary on current issues, trends and new
developments related to agriculture and the food and
beverage processing industries. Up-to-date statistics
are supplemented with informative charts and
diagrams. To gauge Alberta’s performance,
comparative data and information are often available
for Canada and the provinces.
This Update presents an analysis of Alberta’s
2011 Gross Domestic Product (GDP) for agrifood industries (primary agriculture industries
and food and beverage manufacturing
industries).
GDP is the total unduplicated value of goods and
services produced in a region during a given year.
GDP of an industry equals the output by the industry
minus the value of intermediate inputs that were
purchased from other industries, domestic or foreign.
This Update presents “real GDP” which provides a
measurement of economic performance changing
over time, excluding the effects of price changes. An
increase in GDP is a sign of a healthy economy while
a decline indicates that the economy is not
functioning to its full capacity.
Please visit the following website for a
complete listing of Agri-Food Statistics Update
releases:
http://www1.agric.gov.ab.ca/$department/deptdocs.
nsf/all/sdd5270
Note to Users: The contents of this document
may not be used or reproduced without
properly accrediting Alberta Agriculture and
Rural
Development,
Economics
and
Competitiveness Division, Statistics and Data
Development Branch.
Alberta Real Gross Domestic Product (GDP) for
Agri-Food Industries, 2011
Key Messages
•
As measured by real Gross Domestic Product, Alberta’s
economy grew 5.1 per cent in 2011, the strongest
performance among the provinces. This was followed by
increases in Saskatchewan at 4.9 per cent and in
Newfoundland at 3.0 per cent. These gains were larger
than the national increase of 2.6 per cent.
•
In 2011, all major industries in Alberta reported
increases in real GDP over 2010. The GDP for agri-food
industries (primary agriculture industries and food and
beverage manufacturing industries) expanded by 4.0
per cent, the second consecutive year of growth. This
percentage was the eighth largest among the 21 major
industries in the province.
•
Following a gain of 15.7 per cent in 2010, real GDP for
agriculture industries (crop and livestock production and
supporting activities) grew another 3.2 per cent in
2011. In comparison, growth in 2011 for food and
beverage manufacturing industries was larger at 5.2 per
cent, well above the 1.3 per cent gain in 2010.
Note to Users:
The 2009 to 2011 GDP estimates presented in this Update are
sourced from Statistics Canada Provincial and Territorial GDP by
Income and by Expenditure Accounts released in December, 2012.
Estimates of GDP are available in both real 2007 Chained Dollars
and in current dollars.
Provincial GDP data for the 2012 reference year are tentatively
scheduled for release in Fall-2013.
April 15, 2013
(Please turn over)
Alberta Real Gross Domestic Product (GDP) for Agri-Food Industries, 2011
Table 1. Alberta Real GDP by
Industry in 2007 Chained Dollars
$ Millions
All Industries (1)
Agri-Food Industries
Agriculture
- Crop Production and Animal Production
- Support Activities for Crop/Animal Production
Food and Beverage Manufacturing
Goods-Producing Industries
Agriculture
Forestry, Fishing and Hunting
Mining, Oil and Gas Extraction
Manufacturing
Food and Beverage Manufacturing
All Other Manufacturing
Construction
Utilities
Services-Producing Industries
Finance and Insurance
Real Estate and Rental and Leasing
Transportation and Warehousing
Professional, Scientific and Technical Services
Retail Trade
Wholesale Trade
Public Administration
Educational Services
Health Care and Social Assistance
Information and Cultural Industries
Other Services (Except Public Administration)
Accommodation and Food Services
Adm. Support/Waste Mngmt./Remediation Srvs.
Arts, Entertainment and Recreation
% Change
2009
2010
2011p
'10/'09
'11/'10
251,286
5,812
3,141
3,049
92
2,671
108,994
3,141
459
66,033
15,403
2,671
12,732
19,569
4,604
133,528
9,841
23,698
9,616
12,456
10,329
10,865
10,938
9,086
11,950
6,223
4,613
4,988
5,415
1,310
261,457
6,339
3,635
3,529
106
2,704
117,688
3,635
510
68,198
16,575
2,704
13,871
23,548
4,664
135,783
10,049
24,031
9,840
12,449
10,711
11,215
11,099
9,250
12,225
6,249
4,623
4,989
5,468
1,330
274,717
6,594
3,750
3,631
119
2,845
126,046
3,750
529
71,991
18,402
2,844
15,558
25,624
4,916
141,110
10,300
24,920
10,487
12,949
11,055
12,213
11,405
9,370
12,627
6,373
4,804
5,331
5,617
1,335
4.0
9.1
15.7
15.7
15.3
1.3
8.0
15.7
11.1
3.3
7.6
1.2
8.9
20.3
1.3
1.7
2.1
1.4
2.3
-0.1
3.7
3.2
1.5
1.8
2.3
0.4
0.2
0.0
1.0
1.5
5.1
4.0
3.2
2.9
12.6
5.2
7.1
3.2
3.7
5.6
11.0
5.2
12.2
8.8
5.4
3.9
2.5
3.7
6.6
4.0
3.2
8.9
2.8
1.3
3.3
2.0
3.9
6.9
2.7
0.4
p - preliminary, subject to revision.
Chart 1. Alberta Real GDP for Agriculture Industries and Food and Beverage
Manufacturing Industries, Annual Per Cent Change, 2008-2011
30
21.1
15.7
20
10
3.2
5.2
1.3
0.8
0
Agri-Food Statistics
Update: GDP13-1
- GDP per cent growth rates are derived from
Statistics Canada GDP estimates in chained 2007
dollars as shown in Table 1. These "real" GDP
estimates neutralize the affect of price changes over
time, thus actual growth in volume of output can be
measured. Following an increase of 4.0 per cent in
2010, Alberta's real GDP grew 5.1 per cent in
2011, the strongest performance among the
provinces. The national economy grew 2.6 per cent
in 2011, slower than the 3.2 per cent gain in 2010.
Drivers of growth in Alberta included higher exports
(up 9.2 per cent); increased consumer spending
especially for new trucks and used motor vehicles
(up 3.2 per cent); and despite a decline in residential
housing investment, total business investment rose
7.5 per cent. Labour market employment rose 3.8
per cent, the largest increase among the provinces.
- All major industries in Alberta reported
positive economic growth in 2011 led by
manufacturing excluding food and beverage
industries (12.2 per cent), wholesale trade (8.9 per
cent) and construction (8.8 per cent). At $6.6 billion,
real GDP for agri-food industries grew 4.0 per cent,
the eighth largest gain among the 21 major
industries. Mining, oil and gas extraction industries
ranked sixth highest at 5.6 per cent.
- Alberta's economic performance in both
agri-food sub-sectors improved in 2011, with
growth in food and beverage processing industries
outpacing that in agriculture industries. Chart 1.
shows that processing GDP advanced for the third
consecutive year, up 5.2 per cent in 2011 to total
$2.8 billion. Gains were reported in all food
categories except meat products which decreased
7.9 per cent. GDP grew 21.8 per cent in animal food
manufacturing and 12.2 per cent in grain and oilseed
milling.
-1.1
-10
-20
-16.3
-30
2008
2009
2010
2011
2008
Agriculture
2009
2010
2011
Food and Beverage Manufacturing
Chart 2. Alberta Percentage Distribution of 2011 GDP (in Current Dollars)
Business & Commercial Services 9.6%
Retail & Wholesale
Transportation &
Trade 8.6%
Utilities 6.1%
Manufacturing* 7.3%
Construction 10.8%
Health 5.1%
Finance & Real
Estate 13.5%
Energy
24.8%
Tourism & Consumer
Services 4.4%
Public Admin. 4.7%
Education 3.7%
Agriculture 1.4%
* Includes food and beverage manufacturing industries.
Following a decline of 16.3 per cent in 2009, GDP for
agriculture industries recovered in 2010 (up 15.7 per
cent) and in 2011 (up 3.2 per cent). This latest
increase was greater than Canada's gain of 1.1 per
cent and was among four provinces reporting growth
(Saskatchewan, 8.8 per cent; Newfoundland, 5.0 per
cent; and British Columbia, 3.0 per cent). At $3.8
billion, Alberta's agriculture GDP for 2011 is 0.1 per
cent lower than the 2008 pre-recession level. In
comparison, food and beverage processing GDP is
7.3 per cent higher.
Chart 2. shows the percentage contribution of
Alberta's industries to total GDP in 2011. These
values are based on GDP in current dollars which
properly reflect the size of the current economy (that
is, current dollar GDP shows how much the economy
is worth in today's dollar). In 2011, Alberta's
economy remained dominated by the energy sector
at 24.8 per cent of total current GDP. Following were
finance and real estate (13.5 per cent) and
construction (10.8 per cent). Agriculture industries
contributed 1.4 per cent to the province's economy.
(1) Components may not add up due to rounding and statistical discrepancies.
Source: Statistics Canada Provincial and Territorial Gross Domestic Product by Income and by Expenditure Accounts.
Prepared by: Alberta Agriculture and Rural Development, Statistics and Data Development Branch
e-mail: ann.stankiewicz@gov.ab.ca
Phone: (780) 422-3099
April 15, 2013