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In Randwick City, Education and Training is the most productive industry, generating $1,360 million in 2015/16.

Value added by industry is an indicator of business productivity in Randwick City. 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 Randwick City’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
Randwick City - 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 Fishing8.60.11.78.00.12.1+0.6
Mining0.00.02.30.20.02.1-0.2
Manufacturing445.27.07.1202.73.79.6+242.6
Electricity, Gas, Water and Waste Services42.90.72.951.90.93.2-9.0
Construction376.05.97.4375.76.96.6+0.3
Wholesale Trade117.71.95.3120.12.25.2-2.4
Retail Trade198.13.15.2162.13.05.0+36.0
Accommodation and Food Services276.44.43.3254.54.73.4+21.9
Transport, Postal and Warehousing536.08.55.1460.38.45.2+75.6
Information Media and Telecommunications67.41.14.876.91.44.7-9.4
Financial and Insurance Services232.63.715.2222.14.114.2+10.5
Rental, Hiring and Real Estate Services284.34.54.2208.63.83.2+75.7
Professional, Scientific and Technical Services300.34.78.8300.75.58.6-0.4
Administrative and Support Services197.63.13.6196.83.63.8+0.9
Public Administration and Safety501.57.96.1491.19.06.2+10.4
Education and Training1,359.521.55.71,188.921.76.1+170.7
Health Care and Social Assistance1,118.817.77.8886.416.27.2+232.4
Arts and Recreation Services125.72.01.2131.32.41.3-5.5
Other Services145.52.32.4128.12.32.4+17.4

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, Randwick City: 0.1% Mining, Randwick City: 0.0% Manufacturing, Randwick City: 7.0% Electricity, Gas, Water and Waste Services, Randwick City: 0.7% Construction, Randwick City: 5.9% Wholesale Trade, Randwick City: 1.9% Retail Trade, Randwick City: 3.1% Accommodation and Food Services, Randwick City: 4.4% Transport, Postal and Warehousing, Randwick City: 8.5% Information Media and Telecommunications, Randwick City: 1.1% Financial and Insurance Services, Randwick City: 3.7% Rental, Hiring and Real Estate Services, Randwick City: 4.5% Professional, Scientific and Technical Services, Randwick City: 4.7% Administrative and Support Services, Randwick City: 3.1% Public Administration and Safety, Randwick City: 7.9% Education and Training, Randwick City: 21.5% Health Care and Social Assistance, Randwick City: 17.7% Arts and Recreation Services, Randwick City: 2.0% Other Services, Randwick City: 2.3%
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 Randwick City in 2015/16 shows the three largest industries were:

  • Education and Training ($1,360 million or 21.5%)
  • Health Care and Social Assistance ($1,119 million or 17.7%)
  • Transport, Postal and Warehousing ($536 million or 8.5%)

In combination these three industries accounted for $3,014 million in total or 47.6% of the total value added by industry in Randwick City.

In comparison, the same 3 industries in New South Wales accounted for 5.7% in Education and Training; 7.8% in Health Care and Social Assistance; and 5.1% in Transport, Postal and Warehousing.

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

  • A larger percentage of value added by Education and Training (21.5% compared to 5.7%)
  • A larger percentage of value added by Health Care and Social Assistance (17.7% compared to 7.8%)
  • A smaller percentage of value added by Financial and Insurance Services (3.7% compared to 15.2%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (4.7% 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, Randwick City: +$0.6 million Mining, Randwick City: -$0.2 million Manufacturing, Randwick City: +$242.6 million Electricity, Gas, Water and Waste Services, Randwick City: -$9.0 million Construction, Randwick City: +$0.3 million Wholesale Trade, Randwick City: -$2.4 million Retail Trade, Randwick City: +$36.0 million Accommodation and Food Services, Randwick City: +$21.9 million Transport, Postal and Warehousing, Randwick City: +$75.6 million Information Media and Telecommunications, Randwick City: -$9.4 million Financial and Insurance Services, Randwick City: +$10.5 million Rental, Hiring and Real Estate Services, Randwick City: +$75.7 million Professional, Scientific and Technical Services, Randwick City: -$0.4 million Administrative and Support Services, Randwick City: +$0.9 million Public Administration and Safety, Randwick City: +$10.4 million Education and Training, Randwick City: +$170.7 million Health Care and Social Assistance, Randwick City: +$232.4 million Arts and Recreation Services, Randwick City: -$5.5 million Other Services, Randwick City: +$17.4 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 Randwick City increased by 868.0 million between 2010/11 and 2015/16.

The largest changes in the value added by industries between 2010/11 and 2015/16 in Randwick City were for:

  • Manufacturing (+$243 million)
  • Health Care and Social Assistance (+$232 million)
  • Education and Training (+$171 million)
  • Rental, Hiring and Real Estate Services (+$76 million)

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