Clarence Valley Council area

Value added

In Clarence Valley Council area, Health Care and Social Assistance most productive industry, generating $284 million in 2022/23.

Value added by industry is an indicator of business productivity in Clarence Valley 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 Clarence Valley 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 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
Clarence Valley Council area2022/232017/18Change
Industry$m%. New South Wales$m%. New South Wales2017/18 - 2022/23
Agriculture, Forestry and Fishing222.610.32.5177.99.52.4+44.6
Mining47.02.25.118.91.06.6+28.1
Manufacturing123.95.76.2102.95.56.8+21.0
Electricity, Gas, Water and Waste Services53.52.52.051.52.72.2+2.0
Construction243.411.38.1326.117.48.9-82.7
Wholesale Trade43.62.04.852.42.85.2-8.8
Retail Trade210.19.75.1153.78.25.1+56.4
Accommodation and Food Services125.75.83.186.64.62.9+39.1
Transport, Postal and Warehousing95.24.46.089.04.76.2+6.2
Information Media and Telecommunications18.90.94.418.01.03.3+0.8
Financial and Insurance Services50.62.311.344.22.411.3+6.4
Rental, Hiring and Real Estate Services71.23.34.167.83.64.4+3.4
Professional, Scientific and Technical Services74.03.410.575.24.09.5-1.2
Administrative and Support Services88.84.14.959.23.24.6+29.5
Public Administration and Safety198.59.25.2152.58.14.9+46.0
Education and Training150.87.05.6129.76.95.6+21.1
Health Care and Social Assistance283.613.18.6212.311.37.3+71.3
Arts and Recreation Services11.30.50.811.10.60.9+0.2
Other Services45.22.11.649.02.62.0-3.8
Total industries2,157.9100.0100.01,878.1100.0100.0+279.8

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 Clarence Valley Council area in 2021/22 shows the three largest industries were:

  • Health Care and Social Assistance (284 million or 13.1%)
  • Construction (243 million or 11.3%)
  • Agriculture, Forestry and Fishing (223 million or 10.3%)

In combination these three industries accounted for 750 million in total or 34.7% of the total value added by industry in the Clarence Valley Council area.

In comparison, the same 3 industries in New South Wales accounted for 8.6% in Health Care and Social Assistance; 8.1% in Construction and 2.5% in Agriculture, Forestry and Fishing.

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

  • A smaller percentage of value added by Financial and Insurance Services (2.3% compared to 11.3%)
  • A larger percentage of value added by Agriculture, Forestry and Fishing (10.3% compared to 2.5%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (3.4% compared to 10.5%)
  • A larger percentage of value added by Retail Trade (9.7% compared to 5.1%)

Emerging groups

The total value added by industry in Clarence Valley Council area $increased by 280 million between 2017/18 and 2022/23.

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

  • Health Care and Social Assistance (+$71 million)
  • Retail Trade (+$56 million)
  • Public Administration and Safety (+$46 million)
  • Agriculture, Forestry and Fishing (+$45 million)

Clarence Valley Council

economic profile