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City of Albany

Value added

In the City of Albany, Health Care and Social Assistance most productive industry, generating $227 million in 2019/20.

Value added by industry is an indicator of business productivity in the City of Albany. 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 the City of Albany’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

Current benchmark:
Comparison year:
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Value added by industry sector
City of Albany2019/202014/15Change
Industry$m%. Regional WA$m%. Regional WA2014/15 - 2019/20
Agriculture, Forestry and Fishing157.99.03.7181.910.84.5-23.9
Electricity, Gas, Water and Waste Services96.25.50.959.83.51.0+36.4
Wholesale Trade73.24.20.981.94.91.1-8.7
Retail Trade139.68.01.1135.58.01.3+4.1
Accommodation and Food Services58.43.30.663.13.71.0-4.8
Transport, Postal and Warehousing108.36.21.6106.16.32.1+2.3
Information Media and Telecommunications35.
Financial and Insurance Services87.95.00.867.94.00.9+20.0
Rental, Hiring and Real Estate Services61.63.50.673.34.30.7-11.8
Professional, Scientific and Technical Services84.14.80.980.74.81.1+3.4
Administrative and Support Services53.53.00.862.43.71.1-8.9
Public Administration and Safety114.36.51.2112.26.61.3+2.1
Education and Training138.17.91.2117.47.01.3+20.6
Health Care and Social Assistance226.912.92.0192.311.41.7+34.5
Arts and Recreation Services19.
Other Services64.63.70.644.92.70.6+19.6
Total industries1,755.5100.0100.01,687.9100.0100.0+67.6

Source: National Institute of Economic and Industry Research (NIEIR) ©2021. Compiled and presented in 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 the City of Albany in 2019/20 shows the three largest industries were:

  • Health Care and Social Assistance (227 million or 12.9%)
  • Agriculture, Forestry and Fishing (158 million or 9.0%)
  • Retail Trade (140 million or 8.0%)

In combination these three industries accounted for 524 million in total or 29.9% of the total value added by industry in the the City of Albany.

In comparison, the same 3 industries in Regional WA accounted for 2.0% in Health Care and Social Assistance; 3.7% in Agriculture, Forestry and Fishing and 1.1% in Retail Trade.

The major differences between the value added by industries of the City of Albany and Regional WA were:

  • A smaller percentage of value added by Mining (1.1% compared to 75.9%)
  • A larger percentage of value added by Health Care and Social Assistance (12.9% compared to 2.0%)
  • A larger percentage of value added by Retail Trade (8.0% compared to 1.1%)
  • A larger percentage of value added by Education and Training (7.9% compared to 1.2%)

Emerging groups

The total value added by industry in the City of Albany $increased by 68 million between 2014/15 and 2019/20.

The largest changes in the value added by industries between 2014/15 and 2019/20 in the City of Albany were for:

  • Electricity, Gas, Water and Waste Services (+$36 million)
  • Health Care and Social Assistance (+$35 million)
  • Education and Training (+$21 million)
  • Financial and Insurance Services (+$20 million)

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City of Albany

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