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This analysis found that the advanced physical and mathematical sciences – physics, chemistry, maths and Earth sciences – directly and indirectly:

• account for 22.5% of Australian economic activity, or around $292 billion per year
• provide 7% of total Australian employment (about 760,000 jobs in 27,000 businesses)
• generate 28% of our exports, or about $74 billion per year.

In addition, the parts of the Australian economy based on advanced physical and mathematical sciences have:

• grown at an average of 3.5% per year in the past decade, compared to an average of 3% per year for the Australian economy overall
• delivered productivity (gross value added per worker) double that of the economy as a whole.

This report was commissioned by the and the ¾«¶«ÊÓƵ and prepared by economists from the Centre for International Economics. It is accompanied by a second report that focuses on the biological sciences, as well as a synthesis report that combines insights from all core sciences.

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