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Snowy Monaro Regional Council area

Value added

In Snowy Monaro Regional Council area, Accommodation and Food Services is the most productive industry, generating $136 million in 2015/16.

Value added by industry is an indicator of business productivity in Canberra Region. 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 added of each industry sector to a regional benchmark, you can clearly see the structure of Canberra Region’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
Snowy Monaro Regional Council area - Constant prices2015/162010/11Change
Industry
(Click rows to view sub-categories)
$m%Regional NSW%$m%Regional NSW%2010/11 to 2015/16
Agriculture, Forestry and Fishing103.611.15.9129.113.57.1-25.5
Mining4.70.58.34.70.57.00
Manufacturing28.43.07.833.53.59.7-5.1
Electricity, Gas, Water and Waste Services112.112.05.1120.212.65.0-8.1
Construction56.26.09.173.57.79.4-17.3
Wholesale Trade19.12.03.217.41.83.1+1.7
Retail Trade54.95.96.247.85.05.9+7.2
Accommodation and Food Services136.214.64.3118.112.44.3+18.1
Transport, Postal and Warehousing25.82.84.324.82.64.2+1.1
Information Media and Telecommunications13.81.51.512.11.31.6+1.7
Financial and Insurance Services23.32.55.223.52.55.2-0.2
Rental, Hiring and Real Estate Services23.82.53.419.62.12.7+4.2
Professional, Scientific and Technical Services32.23.44.232.03.44.4+0.2
Administrative and Support Services21.32.32.523.12.42.7-1.9
Public Administration and Safety73.47.87.176.18.07.3-2.7
Education and Training51.35.57.549.65.27.5+1.6
Health Care and Social Assistance56.96.110.546.04.89.2+10.9
Arts and Recreation Services82.18.81.087.29.11.1-5.0
Other Services16.61.82.815.61.62.7+1.0

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 2014-15 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 2015/16
Value added by industry sector 2015/16 Agriculture, Forestry and Fishing, Regional NSW: 5.9% Mining, Regional NSW: 8.3% Manufacturing, Regional NSW: 7.8% Electricity, Gas, Water and Waste Services, Regional NSW: 5.1% Construction, Regional NSW: 9.1% Wholesale Trade, Regional NSW: 3.2% Retail Trade, Regional NSW: 6.2% Accommodation and Food Services, Regional NSW: 4.3% Transport, Postal and Warehousing, Regional NSW: 4.3% Information Media and Telecommunications, Regional NSW: 1.5% Financial and Insurance Services, Regional NSW: 5.2% Rental, Hiring and Real Estate Services, Regional NSW: 3.4% Professional, Scientific and Technical Services, Regional NSW: 4.2% Administrative and Support Services, Regional NSW: 2.5% Public Administration and Safety, Regional NSW: 7.1% Education and Training, Regional NSW: 7.5% Health Care and Social Assistance, Regional NSW: 10.5% Arts and Recreation Services, Regional NSW: 1.0% Other Services, Regional NSW: 2.8% Agriculture, Forestry and Fishing, Snowy Monaro Regional Council area: 11.1% Mining, Snowy Monaro Regional Council area: 0.5% Manufacturing, Snowy Monaro Regional Council area: 3.0% Electricity, Gas, Water and Waste Services, Snowy Monaro Regional Council area: 12.0% Construction, Snowy Monaro Regional Council area: 6.0% Wholesale Trade, Snowy Monaro Regional Council area: 2.0% Retail Trade, Snowy Monaro Regional Council area: 5.9% Accommodation and Food Services, Snowy Monaro Regional Council area: 14.6% Transport, Postal and Warehousing, Snowy Monaro Regional Council area: 2.8% Information Media and Telecommunications, Snowy Monaro Regional Council area: 1.5% Financial and Insurance Services, Snowy Monaro Regional Council area: 2.5% Rental, Hiring and Real Estate Services, Snowy Monaro Regional Council area: 2.5% Professional, Scientific and Technical Services, Snowy Monaro Regional Council area: 3.4% Administrative and Support Services, Snowy Monaro Regional Council area: 2.3% Public Administration and Safety, Snowy Monaro Regional Council area: 7.8% Education and Training, Snowy Monaro Regional Council area: 5.5% Health Care and Social Assistance, Snowy Monaro Regional Council area: 6.1% Arts and Recreation Services, Snowy Monaro Regional Council area: 8.8% Other Services, Snowy Monaro Regional Council area: 1.8%
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 Snowy Monaro Regional Council area in 2015/16 shows the three largest industries were:

  • Accommodation and Food Services ($136 million or 14.6%)
  • Electricity, Gas, Water and Waste Services ($112 million or 12.0%)
  • Agriculture, Forestry and Fishing ($104 million or 11.1%)

In combination these three industries accounted for $352 million in total or 37.6% of the total value added by industry in Snowy Monaro Regional Council area.

In comparison, the same 3 industries in Regional NSW accounted for 4.3% in Accommodation and Food Services; 5.1% in Electricity, Gas, Water and Waste Services; and 5.9% in Agriculture, Forestry and Fishing.

The major differences between the value added by industries of Snowy Monaro Regional Council area and Regional NSW were:

  • A larger percentage of value added by Accommodation and Food Services (14.6% compared to 4.3%)
  • A larger percentage of value added by Arts and Recreation Services (8.8% compared to 1.0%)
  • A larger percentage of value added by Electricity, Gas, Water and Waste Services (12.0% compared to 5.1%)
  • A smaller percentage of value added by Mining (0.5% compared to 8.3%)

Change in value added by industry sector, 2010/11 to 2015/16
Change in value added by industry sector, 2010/11 to 2015/16 Agriculture, Forestry and Fishing, Snowy Monaro Regional Council area: -$25.5 million Mining, Snowy Monaro Regional Council area: 0 million Manufacturing, Snowy Monaro Regional Council area: -$5.1 million Electricity, Gas, Water and Waste Services, Snowy Monaro Regional Council area: -$8.1 million Construction, Snowy Monaro Regional Council area: -$17.3 million Wholesale Trade, Snowy Monaro Regional Council area: +$1.7 million Retail Trade, Snowy Monaro Regional Council area: +$7.2 million Accommodation and Food Services, Snowy Monaro Regional Council area: +$18.1 million Transport, Postal and Warehousing, Snowy Monaro Regional Council area: +$1.1 million Information Media and Telecommunications, Snowy Monaro Regional Council area: +$1.7 million Financial and Insurance Services, Snowy Monaro Regional Council area: -$0.2 million Rental, Hiring and Real Estate Services, Snowy Monaro Regional Council area: +$4.2 million Professional, Scientific and Technical Services, Snowy Monaro Regional Council area: +$0.2 million Administrative and Support Services, Snowy Monaro Regional Council area: -$1.9 million Public Administration and Safety, Snowy Monaro Regional Council area: -$2.7 million Education and Training, Snowy Monaro Regional Council area: +$1.6 million Health Care and Social Assistance, Snowy Monaro Regional Council area: +$10.9 million Arts and Recreation Services, Snowy Monaro Regional Council area: -$5.0 million Other Services, Snowy Monaro Regional Council area: +$1.0 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 Snowy Monaro Regional Council area decreased by 18.1 million between 2010/11 and 2015/16.

There were no major changes in the value added by industries between 2010/11 and 2015/16 in Snowy Monaro Regional Council area.

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