Fisheries Occasional Publication No. 149 - Economic Contribution of Wild-catch Fishing in Western Australia, 2024: Beyond Gross Value of Production

Abstract

The wild-catch fishing industry plays a significant role in Western Australia’s economy, particularly in regional communities. This report summarises the economic contribution of the commercial wild-catch fishing sector in 2024, based on REMPLAN’s input-output (I-O) modelling methodology and DPIRD data and analysis. This report focuses on key economic indicators including total economic output, gross value added (GVA), and employment (FTEs). Key findings: Total Economic Output of the wild-catch fishing industry is $1.22 billion (total value of goods and services produced, including intermediate inputs) Gross Value Added (GVA) of the wild-catch fishing industry is$487 million (value of profit, wages, salaries and net taxes) Employment within the wild-catch fishing industry is 3,275 Full-Time Equivalents (FTEs )https://library.dpird.wa.gov.au/fr_fop/1091/thumbnail.jp