Balonne Shire

Value added

In Balonne Shire, Agriculture, Forestry and Fishing most productive industry, generating $227 million in 2021/22.

Value added by industry is an indicator of business productivity in Balonne Shire. 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 Balonne Shire’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
Balonne Shire2021/222016/17Change
Industry$m%. Queensland$m%. Queensland2016/17 - 2021/22
Agriculture, Forestry and Fishing227.257.64.1193.957.03.7+33.3
Mining18.24.68.51.30.49.0+16.9
Manufacturing10.32.66.95.21.57.6+5.1
Electricity, Gas, Water and Waste Services14.03.53.47.82.33.6+6.2
Construction13.03.39.010.53.110.0+2.5
Wholesale Trade19.34.93.914.34.24.0+4.9
Retail Trade12.83.25.618.85.55.5-6.0
Accommodation and Food Services5.21.32.85.81.73.0-0.6
Transport, Postal and Warehousing11.22.86.212.73.77.1-1.5
Information Media and Telecommunications001.6001.4--
Financial and Insurance Services4.11.06.56.11.86.7-1.9
Rental, Hiring and Real Estate Services1.20.33.51.20.43.4+0.0
Professional, Scientific and Technical Services1.90.57.92.60.87.0-0.7
Administrative and Support Services2.70.74.02.70.83.7+0.0
Public Administration and Safety14.03.66.515.34.56.2-1.3
Education and Training14.13.66.014.24.26.3+0.0
Health Care and Social Assistance18.84.810.220.05.98.4-1.1
Arts and Recreation Services0.80.21.00.00.00.8+0.8
Other Services5.51.42.47.82.32.4-2.4
Total industries394.3100.0100.0340.1100.0100.0+54.1

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 Balonne Shire in 2021/22 shows the three largest industries were:

  • Agriculture, Forestry and Fishing (227 million or 57.6%)
  • Wholesale Trade (19 million or 4.9%)
  • Health Care and Social Assistance (19 million or 4.8%)

In combination these three industries accounted for 265 million in total or 67.3% of the total value added by industry in the Balonne Shire.

In comparison, the same 3 industries in Queensland accounted for 4.1% in Agriculture, Forestry and Fishing; 3.9% in Wholesale Trade and 10.2% in Health Care and Social Assistance.

The major differences between the value added by industries of Balonne Shire and Queensland were:

  • A larger percentage of value added by Agriculture, Forestry and Fishing (57.6% compared to 4.1%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (0.5% compared to 7.9%)
  • A smaller percentage of value added by Construction (3.3% compared to 9.0%)
  • A smaller percentage of value added by Health Care and Social Assistance (4.8% compared to 10.2%)

Emerging groups

The total value added by industry in Balonne Shire $increased by 54 million between 2016/17 and 2021/22.

The largest changes in the value added by industries between 2016/17 and 2021/22 in Balonne Shire were for:

  • Agriculture, Forestry and Fishing (+$33 million)
  • Mining (+$17 million)
  • Electricity, Gas, Water and Waste Services (+$6 million)
  • Manufacturing (+$5 million)

Balonne Shire

economic profile