Wyong Shire CouncilEconomic profile

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Wyong Shire

Tourism and hospitality value

In 2014/15 , the total tourism and hospitality sales in Wyong Shire was $699.8m, the total value added was $361.0m.

Tourism and hospitality are key industries and major contributors to Australia’s economy. However it has not been well represented in economic profiles in the past, because it actually includes parts of many different traditional industries.

The Australian Bureau of Statistics publish the “Tourism Satellite Account” which is a separate set of national accounts which look at the value and contribution of tourism in the national economy.

This dataset presents National Economics microsimulation model of the tourism satellite account at the local level, showing the value of total sales and value add, as well as annual estimates of employment and FTE employment for the tourism sector.

Understanding the current role of your tourism sector is important if you are looking at attracting visitors to your area, and as information for businesses looking to locate in the area.Tourism data should be viewed in conjunction with broader industry data in the Value added, Output and Employment by industry (Total) topics, as well as tourism Workforce characteristics.

National Economics (NIEIR) - Modelled series

Value of tourism and hospitality
Wyong Shire2014/152009/10Change
MeasureWyong Shire% of total industryNew South Wales%Wyong Shire as a % of New South WalesWyong Shire% of total industryNew South Wales%Wyong Shire as a % of New South Wales2010 to 2015
Employment (total)------------------
Direct2,2414.54.51.42,3955.14.41.6-154
Indirect9351.91.61.61,0002.11.61.9-64
Total3,1766.46.11.43,3957.35.91.7-219
Employment (FTE)------------------
Direct1,8474.94.11.51,6814.54.11.4166
Indirect1,2563.32.21.81,1433.12.21.8113
Total3,1038.26.31.62,8247.56.21.5280
Output/Sales ($m)------------------
Direct339.73.82.91.3260.12.92.41.379.6
Indirect360.04.02.21.9275.63.01.81.984.4
Total699.87.85.01.6535.75.94.21.6164.0
Value added ($m)------------------
Direct182.84.33.31.3137.23.43.01.245.7
Indirect178.24.22.41.7133.73.32.11.744.5
Total361.08.55.81.5270.86.75.11.490.2

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 of tourism and hospitality 2014/15
Value of tourism and hospitality 2014/15 Employment (total), New South Wales: 6.1% Employment (FTE), New South Wales: 6.3% Output/Sales, New South Wales: 5.0% Value added, New South Wales: 5.8% Employment (total), Wyong Shire: 6.4% Employment (FTE), Wyong Shire: 8.2% Output/Sales, Wyong Shire: 7.8% Value added, Wyong Shire: 8.5%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Value of tourism and hospitality
Value of tourism and hospitality Value added - Indirect: $178.18 million Value added - Direct: $182.82 million Output/Sales - Indirect: $360.04 million Output/Sales - Direct: $339.74 million Value added - Indirect: $115.97 million Value added - Direct: $118.99 million Output/Sales - Indirect: $226.88 million Output/Sales - Direct: $214.09 million Value added - Indirect: $110.23 million Value added - Direct: $113.10 million Output/Sales - Indirect: $208.61 million Output/Sales - Direct: $196.85 million Value added - Indirect: $112.92 million Value added - Direct: $115.86 million Output/Sales - Indirect: $225.21 million Output/Sales - Direct: $212.52 million Value added - Indirect: $134.98 million Value added - Direct: $138.49 million Output/Sales - Indirect: $270.23 million Output/Sales - Direct: $254.99 million Value added - Indirect: $133.67 million Value added - Direct: $137.15 million Output/Sales - Indirect: $275.63 million Output/Sales - Direct: $260.09 million Value added - Indirect: $120.02 million Value added - Direct: $123.14 million Output/Sales - Indirect: $269.80 million Output/Sales - Direct: $254.58 million Value added - Indirect: $126.58 million Value added - Direct: $129.87 million Output/Sales - Indirect: $300.50 million Output/Sales - Direct: $283.55 million Value added - Indirect: $136.27 million Value added - Direct: $139.81 million Output/Sales - Indirect: $323.12 million Output/Sales - Direct: $304.90 million Value added - Indirect: $155.07 million Value added - Direct: $159.10 million Output/Sales - Indirect: $350.23 million Output/Sales - Direct: $330.48 million Value added - Indirect: $149.40 million Value added - Direct: $153.28 million Output/Sales - Indirect: $325.67 million Output/Sales - Direct: $307.31 million Value added - Indirect: $157.46 million Value added - Direct: $161.55 million Output/Sales - Indirect: $334.84 million Output/Sales - Direct: $315.96 million Value added - Indirect: $164.28 million Value added - Direct: $168.55 million Output/Sales - Indirect: $345.24 million Output/Sales - Direct: $325.77 million Value added - Indirect: $151.55 million Value added - Direct: $155.49 million Output/Sales - Indirect: $324.08 million Output/Sales - Direct: $305.81 million Value added - Indirect: $156.67 million Value added - Direct: $160.75 million Output/Sales - Indirect: $340.49 million Output/Sales - Direct: $321.29 million Value added - Indirect: $149.67 million Value added - Direct: $153.56 million Output/Sales - Indirect: $329.47 million Output/Sales - Direct: $310.90 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Tourism and hospitality employment
Tourism and hospitality employment Employment (total) - Indirect: 935 people Employment (total) - Direct: 2,241 people Employment (FTE) - Indirect: 1,256 people Employment (FTE) - Direct: 1,847 people Employment (total) - Indirect: 710 people Employment (total) - Direct: 1,702 people Employment (FTE) - Indirect: 839 people Employment (FTE) - Direct: 1,234 people Employment (total) - Indirect: 806 people Employment (total) - Direct: 1,931 people Employment (FTE) - Indirect: 822 people Employment (FTE) - Direct: 1,209 people Employment (total) - Indirect: 849 people Employment (total) - Direct: 2,034 people Employment (FTE) - Indirect: 892 people Employment (FTE) - Direct: 1,312 people Employment (total) - Indirect: 975 people Employment (total) - Direct: 2,336 people Employment (FTE) - Indirect: 1,121 people Employment (FTE) - Direct: 1,649 people Employment (total) - Indirect: 1,000 people Employment (total) - Direct: 2,395 people Employment (FTE) - Indirect: 1,143 people Employment (FTE) - Direct: 1,681 people Employment (total) - Indirect: 1,054 people Employment (total) - Direct: 2,525 people Employment (FTE) - Indirect: 1,129 people Employment (FTE) - Direct: 1,660 people Employment (total) - Indirect: 1,193 people Employment (total) - Direct: 2,859 people Employment (FTE) - Indirect: 1,175 people Employment (FTE) - Direct: 1,727 people Employment (total) - Indirect: 1,267 people Employment (total) - Direct: 3,035 people Employment (FTE) - Indirect: 1,270 people Employment (FTE) - Direct: 1,867 people Employment (total) - Indirect: 1,415 people Employment (total) - Direct: 3,389 people Employment (FTE) - Indirect: 1,552 people Employment (FTE) - Direct: 2,282 people Employment (total) - Indirect: 1,309 people Employment (total) - Direct: 3,136 people Employment (FTE) - Indirect: 1,582 people Employment (FTE) - Direct: 2,326 people Employment (total) - Indirect: 1,310 people Employment (total) - Direct: 3,138 people Employment (FTE) - Indirect: 1,718 people Employment (FTE) - Direct: 2,526 people Employment (total) - Indirect: 1,315 people Employment (total) - Direct: 3,152 people Employment (FTE) - Indirect: 1,778 people Employment (FTE) - Direct: 2,615 people Employment (total) - Indirect: 1,262 people Employment (total) - Direct: 3,023 people Employment (FTE) - Indirect: 1,688 people Employment (FTE) - Direct: 2,483 people Employment (total) - Indirect: 1,231 people Employment (total) - Direct: 2,949 people Employment (FTE) - Indirect: 1,685 people Employment (FTE) - Direct: 2,477 people Employment (total) - Indirect: 1,217 people Employment (total) - Direct: 2,915 people Employment (FTE) - Indirect: 1,688 people Employment (FTE) - Direct: 2,482 people
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
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