Willoughby City CouncilEconomic profile

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In Willoughby City, Information Media and Telecommunications is the most productive industry, generating $1,149 million in 2014/15.

Value added by industry is an indicator of business productivity in Willoughby 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 Willoughby 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
Willoughby City - Constant prices2014/152009/10Change
Industry
(Click rows to view sub-categories)
$m%New South Wales%$m%New South Wales%2009/10 to 2014/15
Agriculture, Forestry and Fishing8.70.11.65.90.11.5+2.8
Mining33.10.42.814.30.22.4+18.9
Manufacturing387.64.77.4511.66.19.4-124.1
Electricity, Gas, Water and Waste Services147.61.82.8200.02.43.4-52.4
Construction780.59.57.1647.87.75.8+132.7
Wholesale Trade551.86.75.3604.17.25.3-52.4
Retail Trade480.05.85.5491.55.85.3-11.4
Accommodation and Food Services193.82.43.5158.01.93.4+35.9
Transport, Postal and Warehousing162.32.05.0196.12.35.1-33.8
Information Media and Telecommunications1,149.413.94.91,399.316.65.0-250.0
Financial and Insurance Services969.811.814.9977.811.614.1-8.0
Rental, Hiring and Real Estate Services330.64.03.9263.83.13.3+66.8
Professional, Scientific and Technical Services1,046.512.78.21,048.412.48.4-1.9
Administrative and Support Services319.63.93.7350.44.13.8-30.8
Public Administration and Safety208.12.56.0228.62.76.3-20.5
Education and Training267.73.25.9271.83.26.3-4.1
Health Care and Social Assistance937.511.47.7798.49.47.2+139.1
Arts and Recreation Services57.90.71.261.50.71.3-3.6
Other Services215.32.62.4219.82.62.6-4.5

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 2013-14 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 2014/15
Value added by industry sector 2014/15 Agriculture, Forestry and Fishing, New South Wales: 1.6% Mining, New South Wales: 2.8% Manufacturing, New South Wales: 7.4% Electricity, Gas, Water and Waste Services, New South Wales: 2.8% Construction, New South Wales: 7.1% Wholesale Trade, New South Wales: 5.3% Retail Trade, New South Wales: 5.5% Accommodation and Food Services, New South Wales: 3.5% Transport, Postal and Warehousing, New South Wales: 5.0% Information Media and Telecommunications, New South Wales: 4.9% Financial and Insurance Services, New South Wales: 14.9% Rental, Hiring and Real Estate Services, New South Wales: 3.9% Professional, Scientific and Technical Services, New South Wales: 8.2% Administrative and Support Services, New South Wales: 3.7% Public Administration and Safety, New South Wales: 6.0% Education and Training, New South Wales: 5.9% Health Care and Social Assistance, New South Wales: 7.7% Arts and Recreation Services, New South Wales: 1.2% Other Services, New South Wales: 2.4% Agriculture, Forestry and Fishing, Willoughby City: 0.1% Mining, Willoughby City: 0.4% Manufacturing, Willoughby City: 4.7% Electricity, Gas, Water and Waste Services, Willoughby City: 1.8% Construction, Willoughby City: 9.5% Wholesale Trade, Willoughby City: 6.7% Retail Trade, Willoughby City: 5.8% Accommodation and Food Services, Willoughby City: 2.4% Transport, Postal and Warehousing, Willoughby City: 2.0% Information Media and Telecommunications, Willoughby City: 13.9% Financial and Insurance Services, Willoughby City: 11.8% Rental, Hiring and Real Estate Services, Willoughby City: 4.0% Professional, Scientific and Technical Services, Willoughby City: 12.7% Administrative and Support Services, Willoughby City: 3.9% Public Administration and Safety, Willoughby City: 2.5% Education and Training, Willoughby City: 3.2% Health Care and Social Assistance, Willoughby City: 11.4% Arts and Recreation Services, Willoughby City: 0.7% Other Services, Willoughby City: 2.6%
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 Willoughby City in 2014/15 shows the three largest industries were:

  • Information Media and Telecommunications ($1,149 million or 13.9%)
  • Professional, Scientific and Technical Services ($1,046 million or 12.7%)
  • Financial and Insurance Services ($970 million or 11.8%)

In combination these three industries accounted for $3,166 million in total or 38.4% of the total value added by industry in Willoughby City.

In comparison, the same 3 industries in New South Wales accounted for 4.9% in Information Media and Telecommunications; 8.2% in Professional, Scientific and Technical Services; and 14.9% in Financial and Insurance Services.

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

  • A larger percentage of value added by Information Media and Telecommunications (13.9% compared to 4.9%)
  • A larger percentage of value added by Professional, Scientific and Technical Services (12.7% compared to 8.2%)
  • A larger percentage of value added by Health Care and Social Assistance (11.4% compared to 7.7%)
  • A smaller percentage of value added by Public Administration and Safety (2.5% compared to 6.0%)

Change in value added by industry sector, 2009/10 to 2014/15
Change in value added by industry sector, 2009/10 to 2014/15 Agriculture, Forestry and Fishing, Willoughby City: +$2.8 million Mining, Willoughby City: +$18.9 million Manufacturing, Willoughby City: -$124.1 million Electricity, Gas, Water and Waste Services, Willoughby City: -$52.4 million Construction, Willoughby City: +$132.7 million Wholesale Trade, Willoughby City: -$52.4 million Retail Trade, Willoughby City: -$11.4 million Accommodation and Food Services, Willoughby City: +$35.9 million Transport, Postal and Warehousing, Willoughby City: -$33.8 million Information Media and Telecommunications, Willoughby City: -$250.0 million Financial and Insurance Services, Willoughby City: -$8.0 million Rental, Hiring and Real Estate Services, Willoughby City: +$66.8 million Professional, Scientific and Technical Services, Willoughby City: -$1.9 million Administrative and Support Services, Willoughby City: -$30.8 million Public Administration and Safety, Willoughby City: -$20.5 million Education and Training, Willoughby City: -$4.1 million Health Care and Social Assistance, Willoughby City: +$139.1 million Arts and Recreation Services, Willoughby City: -$3.6 million Other Services, Willoughby City: -$4.5 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 Willoughby City decreased by 201.3 million between 2009/10 and 2014/15.

The largest changes in the value added by industries between 2009/10 and 2014/15 in Willoughby City were for:

  • Information Media and Telecommunications (-$250 million)
  • Health Care and Social Assistance (+$139 million)
  • Construction (+$133 million)
  • Manufacturing (-$124 million)

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