Gunnedah Shire CouncilEconomic profile

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In the Gunnedah Shire, Agriculture, Forestry and Fishing is the most productive industry, generating $101 million in 2015/16.

Value added by industry is an indicator of business productivity in Gunnedah Shire. 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 Gunnedah Shire’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
Gunnedah Shire - 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 Fishing100.718.71.7106.320.72.1-5.6
Mining54.510.12.351.19.92.1+3.4
Manufacturing36.26.77.143.78.59.6-7.5
Electricity, Gas, Water and Waste Services11.12.12.910.92.13.2+0.2
Construction38.97.27.448.49.46.6-9.5
Wholesale Trade17.83.35.316.13.15.2+1.7
Retail Trade30.15.65.224.94.95.0+5.2
Accommodation and Food Services20.43.83.317.73.43.4+2.7
Transport, Postal and Warehousing32.46.05.125.75.05.2+6.6
Information Media and Telecommunications5.00.94.84.90.94.7+0.2
Financial and Insurance Services21.13.915.219.53.814.2+1.7
Rental, Hiring and Real Estate Services25.14.74.215.83.13.2+9.3
Professional, Scientific and Technical Services18.73.58.817.03.38.6+1.7
Administrative and Support Services10.01.93.68.31.63.8+1.6
Public Administration and Safety28.55.36.124.34.76.2+4.2
Education and Training33.06.15.730.86.06.1+2.2
Health Care and Social Assistance35.86.77.830.66.07.2+5.3
Arts and Recreation Services3.70.71.23.60.71.3+0.1
Other Services15.62.92.414.52.82.4+1.1

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, Gunnedah Shire: 18.7% Mining, Gunnedah Shire: 10.1% Manufacturing, Gunnedah Shire: 6.7% Electricity, Gas, Water and Waste Services, Gunnedah Shire: 2.1% Construction, Gunnedah Shire: 7.2% Wholesale Trade, Gunnedah Shire: 3.3% Retail Trade, Gunnedah Shire: 5.6% Accommodation and Food Services, Gunnedah Shire: 3.8% Transport, Postal and Warehousing, Gunnedah Shire: 6.0% Information Media and Telecommunications, Gunnedah Shire: 0.9% Financial and Insurance Services, Gunnedah Shire: 3.9% Rental, Hiring and Real Estate Services, Gunnedah Shire: 4.7% Professional, Scientific and Technical Services, Gunnedah Shire: 3.5% Administrative and Support Services, Gunnedah Shire: 1.9% Public Administration and Safety, Gunnedah Shire: 5.3% Education and Training, Gunnedah Shire: 6.1% Health Care and Social Assistance, Gunnedah Shire: 6.7% Arts and Recreation Services, Gunnedah Shire: 0.7% Other Services, Gunnedah Shire: 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 Gunnedah Shire in 2015/16 shows the three largest industries were:

  • Agriculture, Forestry and Fishing ($101 million or 18.7%)
  • Mining ($54 million or 10.1%)
  • Construction ($39 million or 7.2%)

In combination these three industries accounted for $194 million in total or 36.0% of the total value added by industry in the Gunnedah Shire.

In comparison, the same 3 industries in New South Wales accounted for 1.7% in Agriculture, Forestry and Fishing; 2.3% in Mining; and 7.4% in Construction.

The major differences between the value added by industries of the Gunnedah Shire and New South Wales were:

  • A larger percentage of value added by Agriculture, Forestry and Fishing (18.7% compared to 1.7%)
  • A larger percentage of value added by Mining (10.1% compared to 2.3%)
  • A smaller percentage of value added by Financial and Insurance Services (3.9% compared to 15.2%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (3.5% 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, Gunnedah Shire: -$5.6 million Mining, Gunnedah Shire: +$3.4 million Manufacturing, Gunnedah Shire: -$7.5 million Electricity, Gas, Water and Waste Services, Gunnedah Shire: +$0.2 million Construction, Gunnedah Shire: -$9.5 million Wholesale Trade, Gunnedah Shire: +$1.7 million Retail Trade, Gunnedah Shire: +$5.2 million Accommodation and Food Services, Gunnedah Shire: +$2.7 million Transport, Postal and Warehousing, Gunnedah Shire: +$6.6 million Information Media and Telecommunications, Gunnedah Shire: +$0.2 million Financial and Insurance Services, Gunnedah Shire: +$1.7 million Rental, Hiring and Real Estate Services, Gunnedah Shire: +$9.3 million Professional, Scientific and Technical Services, Gunnedah Shire: +$1.7 million Administrative and Support Services, Gunnedah Shire: +$1.6 million Public Administration and Safety, Gunnedah Shire: +$4.2 million Education and Training, Gunnedah Shire: +$2.2 million Health Care and Social Assistance, Gunnedah Shire: +$5.3 million Arts and Recreation Services, Gunnedah Shire: +$0.1 million Other Services, Gunnedah Shire: +$1.1 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 Gunnedah Shire increased by 24.6 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 the Gunnedah Shire.

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