> [!NOTE]+ Meta > Author:: [[Susan Luckman]] > Reference:: https://apo.org.au/node/324171 > Date:: 2023-09-05 > Tags:: #warp #Australia #statistics > WeftLinks:: [[Economic value of craft]] > Claim:: [[Claim - Craft makes an important contribution to the economy]] [[Claim - Craft offers fairer and more satisfying working conditions]] > [!SUMMARY] Summary > Australian craft contributes more economic value than the sports economy. But there needs to be great support for a diversity of crafts in order to foster a flexible work force. ### Highlights The craft economy (measured by GVA in 2021 dollars) declined in percentage size from 2006 to 2016; however between 2016 and 2021 it stabilised both in GVA percentage terms, and overall percentage of total employment. In 2021 ==Australia’s craft economy employed 116,538 people (1.1% of the total workforce)== ==and generated $AU19.2bn gross value added (1.0% of the total). By comparison,== ==Australia’s craft economy is slightly larger in size and impact than the sports== ==economy==, which in 2016–17 supported 128,000 jobs and contributed $AU14.5bn to gross domestic product (KPMG 2020). GVA per job, a measure of productivity, is $AU165,123 for workers in craft occupations compared to $AU170,160 across Australia. The average craft worker receives a weekly wage of $AU1,205 which is below the national average weekly wage of $AU1,329 (ABS 2022a).