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Adding these two subsectors to the total wine sector contribution is reflective of what makes the wine industry unique in its role in the Australian economy. A similar report was produced in 2019, but direct comparison is not possible due to changes in data, refinements in modelling methods, and the impact of inflation. However, when looking at the two “snapshots in time”, the losses in economic contribution of grape growing and wine making have been offset by growth in wine tourism. Overall, the gross output of the sector has grown by about 2.1 per cent per annum since 2019, which is less than the national rate of inflation. According to the report, the Australian wine sector contributes $51.3 billion to the economy.
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