Bega Valley Shire

Value added

In Bega Valley Shire, Health Care and Social Assistance most productive industry, generating $203 million in 2022/23.

Value added by industry is an indicator of business productivity in Bega Valley 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 Bega Valley 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
Bega Valley Shire2022/232017/18Change
Industry$m%. New South Wales$m%. New South Wales2017/18 - 2022/23
Agriculture, Forestry and Fishing163.510.02.5164.911.92.4-1.4
Mining4.10.35.130.62.26.6-26.5
Manufacturing156.79.66.2127.69.26.8+29.1
Electricity, Gas, Water and Waste Services47.72.92.035.62.62.2+12.1
Construction163.210.08.1133.59.68.9+29.8
Wholesale Trade42.52.64.853.23.85.2-10.7
Retail Trade166.310.25.1119.58.65.1+46.8
Accommodation and Food Services134.58.33.197.47.02.9+37.1
Transport, Postal and Warehousing59.63.76.053.33.96.2+6.3
Information Media and Telecommunications15.00.94.412.20.93.3+2.7
Financial and Insurance Services41.62.611.335.32.611.3+6.3
Rental, Hiring and Real Estate Services49.33.04.142.83.14.4+6.5
Professional, Scientific and Technical Services77.14.710.560.44.49.5+16.7
Administrative and Support Services80.64.94.956.34.14.6+24.2
Public Administration and Safety78.84.85.265.54.74.9+13.3
Education and Training101.76.25.686.46.25.6+15.3
Health Care and Social Assistance202.712.48.6162.211.77.3+40.4
Arts and Recreation Services11.20.70.811.10.80.9+0.0
Other Services33.52.11.636.02.62.0-2.4
Total industries1,629.5100.0100.01,383.8100.0100.0+245.7

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
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Dominant groups

An analysis of the valued added by industry sectors in Bega Valley Shire in 2021/22 shows the three largest industries were:

  • Health Care and Social Assistance (203 million or 12.4%)
  • Retail Trade (166 million or 10.2%)
  • Agriculture, Forestry and Fishing (163 million or 10.0%)

In combination these three industries accounted for 532 million in total or 32.7% of the total value added by industry in the Bega Valley Shire.

In comparison, the same 3 industries in New South Wales accounted for 8.6% in Health Care and Social Assistance; 5.1% in Retail Trade and 2.5% in Agriculture, Forestry and Fishing.

The major differences between the value added by industries of Bega Valley Shire and New South Wales were:

  • A smaller percentage of value added by Financial and Insurance Services (2.6% compared to 11.3%)
  • A larger percentage of value added by Agriculture, Forestry and Fishing (10.0% compared to 2.5%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (4.7% compared to 10.5%)
  • A larger percentage of value added by Accommodation and Food Services (8.3% compared to 3.1%)

Emerging groups

The total value added by industry in Bega Valley Shire $increased by 246 million between 2017/18 and 2022/23.

The largest changes in the value added by industries between 2017/18 and 2022/23 in Bega Valley Shire were for:

  • Retail Trade (+$47 million)
  • Health Care and Social Assistance (+$40 million)
  • Accommodation and Food Services (+$37 million)
  • Construction (+$30 million)

Bega Valley Shire

economic profile