Australian Marine Industry's Economic Output Hits $229 Billion

According to the 2025 AIMS Index of Marine Industry, released by the Australian Institute of Marine Science (AIMS), the marine sector now contributes 9.1% to Australia's Gross Domestic Product (GDP). This substantial contribution is attributed to the expansion of the natural gas industry and a resurgence in domestic tourism following the easing of COVID-19 restrictions.

The report highlights that the marine industry supports 712,000 full-time equivalent (FTE) jobs, marking a 52% increase over the past two years. This surge in employment reflects the sector's resilience and its capacity to generate significant job opportunities across various industries.

Professor Selina Stead, CEO of AIMS, emphasized the importance of marine science in sustaining this growth. She stated that the report underscores the critical role of marine research agencies in providing high-quality scientific information to inform evidence-based decision-making. AIMS, in collaboration with partners, is committed to ensuring the sustainable growth of marine industries while protecting the ecosystems that underpin the value of the marine economy.

The marine industry's expansion has been predominantly driven by the natural gas sector and a rebound in domestic tourism. The lifting of travel restrictions has led to increased domestic travel, benefiting coastal communities and marine-related businesses. Additionally, the natural gas industry's growth has contributed significantly to the overall economic output of the marine sector.

As the marine industry continues to thrive, it presents numerous opportunities for investment and development. Stakeholders are encouraged to leverage this growth by exploring avenues for innovation, sustainability, and workforce development to ensure the sector's long-term prosperity.

For more detailed insights, the full 2025 AIMS Index of Marine Industry report is available on the AIMS website.