Charters Towers Regional Council

Value added

In Charters Towers Regional Council, Mining most productive industry, generating $2,219 million in 2022/23.

Value added by industry is an indicator of business productivity in Charters Towers Regional Council. 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 Charters Towers Regional Council’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:
reset
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
Charters Towers Regional Council2022/232017/18Change
Industry$m%. Queensland$m%. Queensland2017/18 - 2022/23
Agriculture, Forestry and Fishing165.96.13.6124.85.73.2+41.1
Mining2,219.581.218.51,761.180.021.9+458.3
Manufacturing23.40.96.120.91.06.8+2.4
Electricity, Gas, Water and Waste Services13.00.52.89.30.42.9+3.8
Construction36.61.37.928.31.38.8+8.3
Wholesale Trade23.60.93.813.10.63.4+10.5
Retail Trade21.30.84.626.91.24.5-5.6
Accommodation and Food Services17.10.62.814.70.72.6+2.4
Transport, Postal and Warehousing16.90.65.917.10.86.1-0.3
Information Media and Telecommunications1.70.11.51.40.11.3+0.4
Financial and Insurance Services9.00.35.610.90.55.3-1.8
Rental, Hiring and Real Estate Services6.70.23.28.60.42.9-1.8
Professional, Scientific and Technical Services11.00.46.89.40.46.1+1.6
Administrative and Support Services11.40.43.511.30.53.4+0.1
Public Administration and Safety40.81.55.730.51.45.2+10.3
Education and Training50.91.95.250.42.35.2+0.5
Health Care and Social Assistance53.11.99.451.82.47.7+1.2
Arts and Recreation Services0.90.00.81.30.10.7-0.5
Other Services11.30.42.210.70.52.0+0.6
Total industries2,734.2100.0100.02,202.6100.0100.0+531.6

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.
loading animation
loading animation

Dominant groups

An analysis of the valued added by industry sectors in Charters Towers Regional Council in 2021/22 shows the three largest industries were:

  • Mining (2,219 million or 81.2%)
  • Agriculture, Forestry and Fishing (166 million or 6.1%)
  • Health Care and Social Assistance (53 million or 1.9%)

In combination these three industries accounted for 2,438 million in total or 89.2% of the total value added by industry in the Charters Towers Regional Council.

In comparison, the same 3 industries in Queensland accounted for 18.5% in Mining; 3.6% in Agriculture, Forestry and Fishing and 9.4% in Health Care and Social Assistance.

The major differences between the value added by industries of Charters Towers Regional Council and Queensland were:

  • A larger percentage of value added by Mining (81.2% compared to 18.5%)
  • A smaller percentage of value added by Health Care and Social Assistance (1.9% compared to 9.4%)
  • A smaller percentage of value added by Construction (1.3% compared to 7.9%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (0.4% compared to 6.8%)

Emerging groups

The total value added by industry in Charters Towers Regional Council $increased by 532 million between 2017/18 and 2022/23.

The largest changes in the value added by industries between 2017/18 and 2022/23 in Charters Towers Regional Council were for:

  • Mining (+$458 million)
  • Agriculture, Forestry and Fishing (+$41 million)
  • Wholesale Trade (+$11 million)
  • Public Administration and Safety (+$10 million)

Charters Towers Regional Council

economic profile