Balonne ShireEconomic profile
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Balonne Shire

Value added

In the Balonne Shire, Agriculture, Forestry and Fishing is the most productive industry, generating $136 million in 2018/19.

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 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
Balonne Shire - Constant prices2018/192013/14Change
Industry
(Click rows to view sub-categories)
$m%Queensland%$m%Queensland%2013/14 to 2018/19
Agriculture, Forestry and Fishing136.049.23.4164.353.33.9-28.3
Mining8.02.912.60.20.19.0+7.9
Manufacturing7.62.77.06.82.27.8+0.8
Electricity, Gas, Water and Waste Services7.82.83.57.12.33.5+0.7
Construction10.43.78.919.76.413.6-9.4
Wholesale Trade13.64.93.917.15.54.4-3.4
Retail Trade16.45.95.213.54.45.2+2.9
Accommodation and Food Services5.01.83.24.51.43.1+0.5
Transport, Postal and Warehousing6.62.45.313.14.26.7-6.5
Information Media and Telecommunications1.80.71.60.90.31.5+0.9
Financial and Insurance Services7.42.77.46.12.06.4+1.4
Rental, Hiring and Real Estate Services1.30.53.21.40.53.3-0.2
Professional, Scientific and Technical Services2.20.86.62.30.76.4-0.1
Administrative and Support Services2.40.93.82.50.83.2-0.1
Public Administration and Safety9.03.36.014.44.76.1-5.4
Education and Training12.54.56.012.03.95.8+0.5
Health Care and Social Assistance21.47.79.215.35.07.0+6.1
Arts and Recreation Services1.00.30.80.20.10.8+0.7
Other Services6.32.32.46.92.22.3-0.6

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. Compiled and presented in economy.id by .id , the population experts.

Data are based on a 2016-17 price base for all years. NIEIR-ID data are inflation adjusted each year to allow direct comparison, and annual data releases adjust previous years’ figures to a new base year.Learn more

Value added by industry sector 2018/19
Value added by industry sector 2018/19 Agriculture, Forestry and Fishing, Queensland: 3.4% Mining, Queensland: 12.6% Manufacturing, Queensland: 7.0% Electricity, Gas, Water and Waste Services, Queensland: 3.5% Construction, Queensland: 8.9% Wholesale Trade, Queensland: 3.9% Retail Trade, Queensland: 5.2% Accommodation and Food Services, Queensland: 3.2% Transport, Postal and Warehousing, Queensland: 5.3% Information Media and Telecommunications, Queensland: 1.6% Financial and Insurance Services, Queensland: 7.4% Rental, Hiring and Real Estate Services, Queensland: 3.2% Professional, Scientific and Technical Services, Queensland: 6.6% Administrative and Support Services, Queensland: 3.8% Public Administration and Safety, Queensland: 6.0% Education and Training, Queensland: 6.0% Health Care and Social Assistance, Queensland: 9.2% Arts and Recreation Services, Queensland: 0.8% Other Services, Queensland: 2.4% Agriculture, Forestry and Fishing, Balonne Shire: 49.2% Mining, Balonne Shire: 2.9% Manufacturing, Balonne Shire: 2.7% Electricity, Gas, Water and Waste Services, Balonne Shire: 2.8% Construction, Balonne Shire: 3.7% Wholesale Trade, Balonne Shire: 4.9% Retail Trade, Balonne Shire: 5.9% Accommodation and Food Services, Balonne Shire: 1.8% Transport, Postal and Warehousing, Balonne Shire: 2.4% Information Media and Telecommunications, Balonne Shire: 0.7% Financial and Insurance Services, Balonne Shire: 2.7% Rental, Hiring and Real Estate Services, Balonne Shire: 0.5% Professional, Scientific and Technical Services, Balonne Shire: 0.8% Administrative and Support Services, Balonne Shire: 0.9% Public Administration and Safety, Balonne Shire: 3.3% Education and Training, Balonne Shire: 4.5% Health Care and Social Assistance, Balonne Shire: 7.7% Arts and Recreation Services, Balonne Shire: 0.3% Other Services, Balonne Shire: 2.3%
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the valued added by industry sectors in Balonne Shire in 2018/19 shows the three largest industries were:

  • Agriculture, Forestry and Fishing ($136 million or 49.2%)
  • Health Care and Social Assistance ($21 million or 7.7%)
  • Retail Trade ($16 million or 5.9%)

In combination these three industries accounted for $174 million in total or 62.8% of the total value added by industry in the Balonne Shire.

In comparison, the same 3 industries in Queensland accounted for 3.4% in Agriculture, Forestry and Fishing; 9.2% in Health Care and Social Assistance; and 5.2% in Retail Trade.

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

  • A larger percentage of value added by Agriculture, Forestry and Fishing (49.2% compared to 3.4%)
  • A smaller percentage of value added by Mining (2.9% compared to 12.6%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (0.8% compared to 6.6%)
  • A smaller percentage of value added by Construction (3.7% compared to 8.9%)

Change in value added by industry sector, 2013/14 to 2018/19
Change in value added by industry sector, 2013/14 to 2018/19 Agriculture, Forestry and Fishing, Balonne Shire: -$28.3 million Mining, Balonne Shire: +$7.9 million Manufacturing, Balonne Shire: +$0.8 million Electricity, Gas, Water and Waste Services, Balonne Shire: +$0.7 million Construction, Balonne Shire: -$9.4 million Wholesale Trade, Balonne Shire: -$3.4 million Retail Trade, Balonne Shire: +$2.9 million Accommodation and Food Services, Balonne Shire: +$0.5 million Transport, Postal and Warehousing, Balonne Shire: -$6.5 million Information Media and Telecommunications, Balonne Shire: +$0.9 million Financial and Insurance Services, Balonne Shire: +$1.4 million Rental, Hiring and Real Estate Services, Balonne Shire: -$0.2 million Professional, Scientific and Technical Services, Balonne Shire: -$0.1 million Administrative and Support Services, Balonne Shire: -$0.1 million Public Administration and Safety, Balonne Shire: -$5.4 million Education and Training, Balonne Shire: +$0.5 million Health Care and Social Assistance, Balonne Shire: +$6.1 million Arts and Recreation Services, Balonne Shire: +$0.7 million Other Services, Balonne Shire: -$0.6 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts

Emerging groups

The total value added by industry in the Balonne Shire decreased by 31.5 million between 2013/14 and 2018/19.

There were no major changes in the value added by industries between 2013/14 and 2018/19 in the Balonne Shire.

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