Tamworth Regional Council

Value added

In Tamworth Regional Council, Health Care and Social Assistance most productive industry, generating $423 million in 2021/22.

Value added by industry is an indicator of business productivity in Tamworth 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 added of each industry sector to a regional benchmark, you can clearly see the structure of Tamworth 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 analysissection. 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.

Data source

National Economics (NIEIR) - Modelled series

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Value added by industry sector
Tamworth Regional Council2021/222016/17Change
Industry$m%. New South Wales$m%. New South Wales2016/17 - 2021/22
Agriculture, Forestry and Fishing289.19.52.4214.57.02.4+74.6
Mining7.70.31.711.10.42.3-3.4
Manufacturing273.69.06.5308.210.16.8-34.6
Electricity, Gas, Water and Waste Services122.24.02.2115.33.82.4+6.9
Construction235.67.88.6261.58.69.1-25.9
Wholesale Trade156.85.25.5139.74.65.6+17.1
Retail Trade175.55.85.4195.36.45.4-19.8
Accommodation and Food Services89.43.02.598.93.23.0-9.5
Transport, Postal and Warehousing168.75.65.7199.46.56.7-30.8
Information Media and Telecommunications47.81.64.033.71.13.3+14.1
Financial and Insurance Services140.54.612.6131.84.312.7+8.7
Rental, Hiring and Real Estate Services113.53.74.599.93.34.6+13.6
Professional, Scientific and Technical Services111.13.711.184.22.89.6+26.9
Administrative and Support Services140.54.65.0138.84.64.6+1.7
Public Administration and Safety210.67.05.4394.813.05.2-184.2
Education and Training244.08.15.9213.07.06.0+31.1
Health Care and Social Assistance423.214.08.6307.310.17.3+115.9
Arts and Recreation Services13.50.40.816.40.50.9-2.9
Other Services64.72.11.780.92.72.1-16.2
Total industries3,028.0100.0100.03,044.9100.0100.0-16.9

Source: National Institute of Economic and Industry Research (NIEIR) ©2023. Compiled and presented in economy.id by .id (informed decisions). NIEIR-ID data are adjusted each year, using updated employment estimates. Each release may change previous years’ figures. Learn more

Please refer to specific data notes for more information
Did you know? By clicking/tapping on a category in the chart below you will be able to drilldown to the sub categories.
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Dominant groups

An analysis of the valued added by industry sectors in Tamworth Regional Council in 2021/22 shows the three largest industries were:

  • Health Care and Social Assistance (423 million or 14.0%)
  • Agriculture, Forestry and Fishing (289 million or 9.5%)
  • Manufacturing (274 million or 9.0%)

In combination these three industries accounted for 986 million in total or 32.6% of the total value added by industry in the Tamworth Regional Council.

In comparison, the same 3 industries in New South Wales accounted for 8.6% in Health Care and Social Assistance; 2.4% in Agriculture, Forestry and Fishing and 6.5% in Manufacturing.

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

  • A smaller percentage of value added by Financial and Insurance Services (4.6% compared to 12.6%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (3.7% compared to 11.1%)
  • A larger percentage of value added by Agriculture, Forestry and Fishing (9.5% compared to 2.4%)
  • A larger percentage of value added by Health Care and Social Assistance (14.0% compared to 8.6%)

Emerging groups

The total value added by industry in Tamworth Regional Council $decreased by -17 million between 2016/17 and 2021/22.

The largest changes in the value added by industries between 2016/17 and 2021/22 in Tamworth Regional Council were for:

  • Health Care and Social Assistance (+$116 million)
  • Agriculture, Forestry and Fishing (+$75 million)
  • Education and Training (+$31 million)
  • Professional, Scientific and Technical Services (+$27 million)

Tamworth Regional Council

economic profile