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Armidale Regional Council

Value add

In the Armidale Regional Council, Education and Training is the most productive industry, generating $298 million in 2014/15.

Value added by industry is an indicator of business productivity in Armidale Regional Council.  It shows how productive each industry sector is at increasing the value of its inputs. It is a more refined measure of the productivity of an industry sector than output (total gross revenue), as some industries have high levels of output but require large amounts of input expenditure to achieve that.

By comparing the value-add of each industry sector to a regional benchmark, you can clearly see the structure of Armidale Regional Council’s economy. This can be done by directly comparing the percentage contribution of each industry to the total output, relative to the benchmark, or by using a location quotient, where a number greater than one indicates a high concentration of that industry and less than one indicates a lower concentration.

To see what contribution each industry makes to the state or region, see the Industry Sector Analysis section. To understand the value of a worker in each industry, view this dataset in conjunction with Worker Productivity data, and to see the relationship of value-added to the total size of the economy, go to the Gross Regional Product section.

Detailed notes about how the figures are derived can be found in the specific topic notes section.

National Economics (NIEIR) - Modelled series

Did you know? By clicking/tapping on a data row in the table you will be able to see sub categories.
Value added by industry sector
Armidale Regional Council - Constant prices2014/152009/10Change
Industry
(Click rows to view sub-categories)
$m%New South Wales%$m%New South Wales%2009/10 to 2014/15
Agriculture, Forestry and Fishing72.46.51.645.64.41.5+26.8
Mining10.50.92.84.30.42.4+6.2
Manufacturing23.22.17.428.02.79.4-4.8
Electricity, Gas, Water and Waste Services21.51.92.824.42.43.4-2.9
Construction43.83.97.149.24.75.8-5.4
Wholesale Trade31.82.95.328.52.85.3+3.4
Retail Trade72.46.55.571.46.95.3+0.9
Accommodation and Food Services49.84.53.546.94.53.4+2.9
Transport, Postal and Warehousing16.81.55.016.21.65.1+0.6
Information Media and Telecommunications17.71.64.921.02.05.0-3.3
Financial and Insurance Services114.010.214.991.58.814.1+22.5
Rental, Hiring and Real Estate Services31.02.83.925.92.53.3+5.0
Professional, Scientific and Technical Services59.75.48.262.36.08.4-2.6
Administrative and Support Services22.22.03.723.02.23.8-0.7
Public Administration and Safety60.25.46.071.26.96.3-11.0
Education and Training298.226.85.9278.826.96.3+19.4
Health Care and Social Assistance122.711.07.7102.09.97.2+20.7
Arts and Recreation Services13.31.21.213.51.31.3-0.2
Other Services32.52.92.431.23.02.6+1.3

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Data is based on 2013-14 constant prices for all years. NIEIR data are inflation adjusted each year to allow direct comparison, and new data releases normally adjust previous years’ figures to a new base year.

Value added by industry sector 2014/15
Value added by industry sector 2014/15 Agriculture, Forestry and Fishing, New South Wales: 1.6% Mining, New South Wales: 2.8% Manufacturing, New South Wales: 7.4% Electricity, Gas, Water and Waste Services, New South Wales: 2.8% Construction, New South Wales: 7.1% Wholesale Trade, New South Wales: 5.3% Retail Trade, New South Wales: 5.5% Accommodation and Food Services, New South Wales: 3.5% Transport, Postal and Warehousing, New South Wales: 5.0% Information Media and Telecommunications, New South Wales: 4.9% Financial and Insurance Services, New South Wales: 14.9% Rental, Hiring and Real Estate Services, New South Wales: 3.9% Professional, Scientific and Technical Services, New South Wales: 8.2% Administrative and Support Services, New South Wales: 3.7% Public Administration and Safety, New South Wales: 6.0% Education and Training, New South Wales: 5.9% Health Care and Social Assistance, New South Wales: 7.7% Arts and Recreation Services, New South Wales: 1.2% Other Services, New South Wales: 2.4% Agriculture, Forestry and Fishing, Armidale Regional Council: 6.5% Mining, Armidale Regional Council: 0.9% Manufacturing, Armidale Regional Council: 2.1% Electricity, Gas, Water and Waste Services, Armidale Regional Council: 1.9% Construction, Armidale Regional Council: 3.9% Wholesale Trade, Armidale Regional Council: 2.9% Retail Trade, Armidale Regional Council: 6.5% Accommodation and Food Services, Armidale Regional Council: 4.5% Transport, Postal and Warehousing, Armidale Regional Council: 1.5% Information Media and Telecommunications, Armidale Regional Council: 1.6% Financial and Insurance Services, Armidale Regional Council: 10.2% Rental, Hiring and Real Estate Services, Armidale Regional Council: 2.8% Professional, Scientific and Technical Services, Armidale Regional Council: 5.4% Administrative and Support Services, Armidale Regional Council: 2.0% Public Administration and Safety, Armidale Regional Council: 5.4% Education and Training, Armidale Regional Council: 26.8% Health Care and Social Assistance, Armidale Regional Council: 11.0% Arts and Recreation Services, Armidale Regional Council: 1.2% Other Services, Armidale Regional Council: 2.9%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the valued added by industry sectors in Armidale Regional Council in 2014/15 shows the three largest industries were:

  • Education and Training ($298 million or 26.8%)
  • Health Care and Social Assistance ($123 million or 11.0%)
  • Financial and Insurance Services ($114 million or 10.2%)

In combination these three industries accounted for $535 million in total or 48.0% of the total value added by industry in the Armidale Regional Council.

In comparison, the same 3 industries in New South Wales accounted for 5.9% in Education and Training; 7.7% in Health Care and Social Assistance; and 14.9% in Financial and Insurance Services.

The major differences between the value added by industries of the Armidale Regional Council and New South Wales were:

  • A larger percentage of value added by Education and Training (26.8% compared to 5.9%)
  • A larger percentage of value added by Agriculture, Forestry and Fishing (6.5% compared to 1.6%)
  • A smaller percentage of value added by Manufacturing (2.1% compared to 7.4%)
  • A smaller percentage of value added by Financial and Insurance Services (10.2% compared to 14.9%)

Change in value added by industry sector, 2009/10 to 2014/15
Change in value added by industry sector, 2009/10 to 2014/15 Agriculture, Forestry and Fishing, Armidale Regional Council: +$26.8 million Mining, Armidale Regional Council: +$6.2 million Manufacturing, Armidale Regional Council: -$4.8 million Electricity, Gas, Water and Waste Services, Armidale Regional Council: -$2.9 million Construction, Armidale Regional Council: -$5.4 million Wholesale Trade, Armidale Regional Council: +$3.4 million Retail Trade, Armidale Regional Council: +$0.9 million Accommodation and Food Services, Armidale Regional Council: +$2.9 million Transport, Postal and Warehousing, Armidale Regional Council: +$0.6 million Information Media and Telecommunications, Armidale Regional Council: -$3.3 million Financial and Insurance Services, Armidale Regional Council: +$22.5 million Rental, Hiring and Real Estate Services, Armidale Regional Council: +$5.0 million Professional, Scientific and Technical Services, Armidale Regional Council: -$2.6 million Administrative and Support Services, Armidale Regional Council: -$0.7 million Public Administration and Safety, Armidale Regional Council: -$11.0 million Education and Training, Armidale Regional Council: +$19.4 million Health Care and Social Assistance, Armidale Regional Council: +$20.7 million Arts and Recreation Services, Armidale Regional Council: -$0.2 million Other Services, Armidale Regional Council: +$1.3 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

Emerging groups

The total value added by industry in the Armidale Regional Council increased by 78.8 million between 2009/10 and 2014/15.

There were no major changes in the value added by industries between 2009/10 and 2014/15 in the Armidale Regional Council.

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