Central Coast NSWEconomic profile
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Central Coast Council area

Value added

In the Central Coast Council area, Health Care and Social Assistance is the most productive industry, generating $1,345 million in 2015/16.

Value added by industry is an indicator of business productivity in Central Coast Council area. 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 Central Coast Council area’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
Central Coast Council area - Constant prices2015/162010/11Change
Industry
(Click rows to view sub-categories)
$m%New South Wales%$m%New South Wales%2010/11 to 2015/16
Agriculture, Forestry and Fishing100.61.01.7104.51.12.1-3.9
Mining98.61.02.367.30.72.1+31.3
Manufacturing918.49.57.11,102.511.99.6-184.1
Electricity, Gas, Water and Waste Services477.64.92.9428.64.63.2+49.0
Construction791.28.27.4810.68.76.6-19.4
Wholesale Trade379.13.95.3332.43.65.2+46.6
Retail Trade857.88.95.2766.48.25.0+91.4
Accommodation and Food Services490.35.13.3488.95.33.4+1.5
Transport, Postal and Warehousing345.03.65.1339.33.65.2+5.6
Information Media and Telecommunications234.62.44.8243.92.64.7-9.3
Financial and Insurance Services576.56.015.2548.15.914.2+28.4
Rental, Hiring and Real Estate Services479.55.04.2364.43.93.2+115.2
Professional, Scientific and Technical Services477.04.98.8470.05.18.6+7.1
Administrative and Support Services323.23.33.6332.13.63.8-8.9
Public Administration and Safety595.86.26.1590.56.46.2+5.4
Education and Training686.67.15.7668.17.26.1+18.5
Health Care and Social Assistance1,345.013.97.81,204.212.97.2+140.8
Arts and Recreation Services132.21.41.2129.41.41.3+2.8
Other Services345.63.62.4307.63.32.4+37.9

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 2015-16 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, New South Wales: 1.7% Mining, New South Wales: 2.3% Manufacturing, New South Wales: 7.1% Electricity, Gas, Water and Waste Services, New South Wales: 2.9% Construction, New South Wales: 7.4% Wholesale Trade, New South Wales: 5.3% Retail Trade, New South Wales: 5.2% Accommodation and Food Services, New South Wales: 3.3% Transport, Postal and Warehousing, New South Wales: 5.1% Information Media and Telecommunications, New South Wales: 4.8% Financial and Insurance Services, New South Wales: 15.2% Rental, Hiring and Real Estate Services, New South Wales: 4.2% Professional, Scientific and Technical Services, New South Wales: 8.8% Administrative and Support Services, New South Wales: 3.6% Public Administration and Safety, New South Wales: 6.1% Education and Training, New South Wales: 5.7% Health Care and Social Assistance, New South Wales: 7.8% Arts and Recreation Services, New South Wales: 1.2% Other Services, New South Wales: 2.4% Agriculture, Forestry and Fishing, Central Coast Council area: 1.0% Mining, Central Coast Council area: 1.0% Manufacturing, Central Coast Council area: 9.5% Electricity, Gas, Water and Waste Services, Central Coast Council area: 4.9% Construction, Central Coast Council area: 8.2% Wholesale Trade, Central Coast Council area: 3.9% Retail Trade, Central Coast Council area: 8.9% Accommodation and Food Services, Central Coast Council area: 5.1% Transport, Postal and Warehousing, Central Coast Council area: 3.6% Information Media and Telecommunications, Central Coast Council area: 2.4% Financial and Insurance Services, Central Coast Council area: 6.0% Rental, Hiring and Real Estate Services, Central Coast Council area: 5.0% Professional, Scientific and Technical Services, Central Coast Council area: 4.9% Administrative and Support Services, Central Coast Council area: 3.3% Public Administration and Safety, Central Coast Council area: 6.2% Education and Training, Central Coast Council area: 7.1% Health Care and Social Assistance, Central Coast Council area: 13.9% Arts and Recreation Services, Central Coast Council area: 1.4% Other Services, Central Coast Council area: 3.6%
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 Central Coast Council area in 2015/16 shows the three largest industries were:

  • Health Care and Social Assistance ($1,345 million or 13.9%)
  • Manufacturing ($918 million or 9.5%)
  • Retail Trade ($858 million or 8.9%)

In combination these three industries accounted for $3,121 million in total or 32.3% of the total value added by industry in the Central Coast Council area.

In comparison, the same 3 industries in New South Wales accounted for 7.8% in Health Care and Social Assistance; 7.1% in Manufacturing; and 5.2% in Retail Trade.

The major differences between the value added by industries of the Central Coast Council area and New South Wales were:

  • A larger percentage of value added by Health Care and Social Assistance (13.9% compared to 7.8%)
  • A larger percentage of value added by Retail Trade (8.9% compared to 5.2%)
  • A smaller percentage of value added by Financial and Insurance Services (6.0% compared to 15.2%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (4.9% compared to 8.8%)

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, Central Coast Council area: -$3.9 million Mining, Central Coast Council area: +$31.3 million Manufacturing, Central Coast Council area: -$184.1 million Electricity, Gas, Water and Waste Services, Central Coast Council area: +$49.0 million Construction, Central Coast Council area: -$19.4 million Wholesale Trade, Central Coast Council area: +$46.6 million Retail Trade, Central Coast Council area: +$91.4 million Accommodation and Food Services, Central Coast Council area: +$1.5 million Transport, Postal and Warehousing, Central Coast Council area: +$5.6 million Information Media and Telecommunications, Central Coast Council area: -$9.3 million Financial and Insurance Services, Central Coast Council area: +$28.4 million Rental, Hiring and Real Estate Services, Central Coast Council area: +$115.2 million Professional, Scientific and Technical Services, Central Coast Council area: +$7.1 million Administrative and Support Services, Central Coast Council area: -$8.9 million Public Administration and Safety, Central Coast Council area: +$5.4 million Education and Training, Central Coast Council area: +$18.5 million Health Care and Social Assistance, Central Coast Council area: +$140.8 million Arts and Recreation Services, Central Coast Council area: +$2.8 million Other Services, Central Coast Council area: +$37.9 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 Central Coast Council area increased by 355.9 million between 2010/11 and 2015/16.

The largest changes in the value added by industries between 2010/11 and 2015/16 in the Central Coast Council area were for:

  • Manufacturing (-$184 million)
  • Health Care and Social Assistance (+$141 million)
  • Rental, Hiring and Real Estate Services (+$115 million)
  • Retail Trade (+$91 million)

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