This report estimates the economic contribution of the Great Barrier Reef in 2023–24 and estimates the future economic dividend to the Great Barrier Reef region from limiting climate change and adaptation actions.

Key findings

• Valued at $95 billion across economic, social and cultural dimensions – up 69% from $56 billion in 2017.
• Contributes $9 billion annually to Australia’s economy.
• Supports 77,000 full-time jobs – the equivalent of Australia’s fifth-largest employer if it were a single company.
• Tourism remains the largest contributor, generating $7.9 billion annually and accounting for nearly 90% of the Reef’s economic value. More than 30% of Queensland’s leisure tourism spending is linked to the Reef.
• Offers a $124 billion economic opportunity over the next 50 years if climate action is matched with large-scale investment in reef resilience.