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Bayside Council area

Value added

In the Bayside Council area, Transport, Postal and Warehousing is the most productive industry, generating $5,271 million in 2017/18.

Value added by industry is an indicator of business productivity in Bayside Council area. 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 Bayside Council area’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
Bayside Council area - Constant prices2017/182012/13Change
Industry
(Click rows to view sub-categories)
$m%New South Wales%$m%New South Wales%2012/13 to 2017/18
Agriculture, Forestry and Fishing12.40.11.814.30.12.3-1.9
Mining5.90.02.10.70.02.1+5.2
Manufacturing842.36.66.6974.88.57.8-132.5
Electricity, Gas, Water and Waste Services138.31.12.3124.21.13.2+14.1
Construction1,181.09.38.2690.46.07.9+490.6
Wholesale Trade569.14.55.0674.25.94.9-105.1
Retail Trade663.05.25.3519.04.55.3+144.0
Accommodation and Food Services544.84.33.3324.52.83.1+220.3
Transport, Postal and Warehousing5,270.941.46.05,109.744.86.7+161.2
Information Media and Telecommunications175.91.44.4156.51.44.0+19.4
Financial and Insurance Services428.93.414.9332.32.914.1+96.6
Rental, Hiring and Real Estate Services345.62.74.4263.62.33.8+82.1
Professional, Scientific and Technical Services580.14.69.8443.03.99.0+137.1
Administrative and Support Services628.74.94.3560.94.94.4+67.8
Public Administration and Safety519.84.15.7509.74.55.8+10.1
Education and Training238.71.95.6207.91.85.5+30.8
Health Care and Social Assistance376.33.07.4294.12.67.1+82.2
Arts and Recreation Services51.10.41.036.10.30.9+15.0
Other Services166.21.31.9176.21.52.1-10.1

Source: National Institute of Economic and Industry Research (NIEIR) ©2018. 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 2017/18
Value added by industry sector 2017/18 Agriculture, Forestry and Fishing, New South Wales: 1.8% Mining, New South Wales: 2.1% Manufacturing, New South Wales: 6.6% Electricity, Gas, Water and Waste Services, New South Wales: 2.3% Construction, New South Wales: 8.2% Wholesale Trade, New South Wales: 5.0% Retail Trade, New South Wales: 5.3% Accommodation and Food Services, New South Wales: 3.3% Transport, Postal and Warehousing, New South Wales: 6.0% Information Media and Telecommunications, New South Wales: 4.4% Financial and Insurance Services, New South Wales: 14.9% Rental, Hiring and Real Estate Services, New South Wales: 4.4% Professional, Scientific and Technical Services, New South Wales: 9.8% Administrative and Support Services, New South Wales: 4.3% Public Administration and Safety, New South Wales: 5.7% Education and Training, New South Wales: 5.6% Health Care and Social Assistance, New South Wales: 7.4% Arts and Recreation Services, New South Wales: 1.0% Other Services, New South Wales: 1.9% Agriculture, Forestry and Fishing, Bayside Council area: 0.1% Mining, Bayside Council area: 0.0% Manufacturing, Bayside Council area: 6.6% Electricity, Gas, Water and Waste Services, Bayside Council area: 1.1% Construction, Bayside Council area: 9.3% Wholesale Trade, Bayside Council area: 4.5% Retail Trade, Bayside Council area: 5.2% Accommodation and Food Services, Bayside Council area: 4.3% Transport, Postal and Warehousing, Bayside Council area: 41.4% Information Media and Telecommunications, Bayside Council area: 1.4% Financial and Insurance Services, Bayside Council area: 3.4% Rental, Hiring and Real Estate Services, Bayside Council area: 2.7% Professional, Scientific and Technical Services, Bayside Council area: 4.6% Administrative and Support Services, Bayside Council area: 4.9% Public Administration and Safety, Bayside Council area: 4.1% Education and Training, Bayside Council area: 1.9% Health Care and Social Assistance, Bayside Council area: 3.0% Arts and Recreation Services, Bayside Council area: 0.4% Other Services, Bayside Council area: 1.3%
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the valued added by industry sectors in Bayside Council area in 2017/18 shows the three largest industries were:

  • Transport, Postal and Warehousing ($5,271 million or 41.4%)
  • Construction ($1,181 million or 9.3%)
  • Manufacturing ($842 million or 6.6%)

In combination these three industries accounted for $7,294 million in total or 57.3% of the total value added by industry in the Bayside Council area.

In comparison, the same 3 industries in New South Wales accounted for 6.0% in Transport, Postal and Warehousing; 8.2% in Construction; and 6.6% in Manufacturing.

The major differences between the value added by industries of the Bayside Council area and New South Wales were:

  • A larger percentage of value added by Transport, Postal and Warehousing (41.4% compared to 6.0%)
  • A smaller percentage of value added by Financial and Insurance Services (3.4% compared to 14.9%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (4.6% compared to 9.8%)
  • A smaller percentage of value added by Health Care and Social Assistance (3.0% compared to 7.4%)

Change in value added by industry sector, 2012/13 to 2017/18
Change in value added by industry sector, 2012/13 to 2017/18 Agriculture, Forestry and Fishing, Bayside Council area: -$1.9 million Mining, Bayside Council area: +$5.2 million Manufacturing, Bayside Council area: -$132.5 million Electricity, Gas, Water and Waste Services, Bayside Council area: +$14.1 million Construction, Bayside Council area: +$490.6 million Wholesale Trade, Bayside Council area: -$105.1 million Retail Trade, Bayside Council area: +$144.0 million Accommodation and Food Services, Bayside Council area: +$220.3 million Transport, Postal and Warehousing, Bayside Council area: +$161.2 million Information Media and Telecommunications, Bayside Council area: +$19.4 million Financial and Insurance Services, Bayside Council area: +$96.6 million Rental, Hiring and Real Estate Services, Bayside Council area: +$82.1 million Professional, Scientific and Technical Services, Bayside Council area: +$137.1 million Administrative and Support Services, Bayside Council area: +$67.8 million Public Administration and Safety, Bayside Council area: +$10.1 million Education and Training, Bayside Council area: +$30.8 million Health Care and Social Assistance, Bayside Council area: +$82.2 million Arts and Recreation Services, Bayside Council area: +$15.0 million Other Services, Bayside Council area: -$10.1 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts

Emerging groups

The total value added by industry in the Bayside Council area increased by 1,326.9 million between 2012/13 and 2017/18.

The largest changes in the value added by industries between 2012/13 and 2017/18 in the Bayside Council area were for:

  • Construction (+$491 million)
  • Accommodation and Food Services (+$220 million)
  • Transport, Postal and Warehousing (+$161 million)
  • Retail Trade (+$144 million)

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