Cradle Coast RegionEconomic profile
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Coastal Urban Economic Region

Value added

In Coastal Urban Economic Region, Health Care and Social Assistance is the most productive industry, generating $611 million in 2017/18.

Value added by industry is an indicator of business productivity in Cradle Coast Region. 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 Cradle Coast Region’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
Coastal Urban Economic Region - Constant prices2017/182012/13Change
Industry
(Click rows to view sub-categories)
$m%Greater Hobart%$m%Greater Hobart%2012/13 to 2017/18
Agriculture, Forestry and Fishing525.713.63.3444.011.62.8+81.8
Mining279.27.21.2312.28.21.0-33.0
Manufacturing394.010.25.5494.112.95.9-100.1
Electricity, Gas, Water and Waste Services68.41.84.590.82.46.2-22.3
Construction240.96.25.4247.96.55.6-7.0
Wholesale Trade142.13.73.1175.84.63.4-33.7
Retail Trade224.25.86.1216.35.75.9+7.9
Accommodation and Food Services94.72.53.391.22.43.3+3.5
Transport, Postal and Warehousing242.26.33.4308.18.14.0-65.9
Information Media and Telecommunications88.02.35.566.31.75.4+21.7
Financial and Insurance Services178.54.610.1148.73.98.3+29.7
Rental, Hiring and Real Estate Services71.01.82.154.21.42.1+16.8
Professional, Scientific and Technical Services77.32.04.573.91.94.9+3.4
Administrative and Support Services92.72.42.192.52.42.0+0.3
Public Administration and Safety189.54.911.1174.94.610.7+14.5
Education and Training240.06.28.7235.36.29.0+4.7
Health Care and Social Assistance610.915.816.4514.713.515.8+96.1
Arts and Recreation Services19.90.51.613.20.31.6+6.7
Other Services81.82.12.171.21.92.1+10.5

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, Greater Hobart: 3.3% Mining, Greater Hobart: 1.2% Manufacturing, Greater Hobart: 5.5% Electricity, Gas, Water and Waste Services, Greater Hobart: 4.5% Construction, Greater Hobart: 5.4% Wholesale Trade, Greater Hobart: 3.1% Retail Trade, Greater Hobart: 6.1% Accommodation and Food Services, Greater Hobart: 3.3% Transport, Postal and Warehousing, Greater Hobart: 3.4% Information Media and Telecommunications, Greater Hobart: 5.5% Financial and Insurance Services, Greater Hobart: 10.1% Rental, Hiring and Real Estate Services, Greater Hobart: 2.1% Professional, Scientific and Technical Services, Greater Hobart: 4.5% Administrative and Support Services, Greater Hobart: 2.1% Public Administration and Safety, Greater Hobart: 11.1% Education and Training, Greater Hobart: 8.7% Health Care and Social Assistance, Greater Hobart: 16.4% Arts and Recreation Services, Greater Hobart: 1.6% Other Services, Greater Hobart: 2.1% Agriculture, Forestry and Fishing, Coastal Urban Economic Region: 13.6% Mining, Coastal Urban Economic Region: 7.2% Manufacturing, Coastal Urban Economic Region: 10.2% Electricity, Gas, Water and Waste Services, Coastal Urban Economic Region: 1.8% Construction, Coastal Urban Economic Region: 6.2% Wholesale Trade, Coastal Urban Economic Region: 3.7% Retail Trade, Coastal Urban Economic Region: 5.8% Accommodation and Food Services, Coastal Urban Economic Region: 2.5% Transport, Postal and Warehousing, Coastal Urban Economic Region: 6.3% Information Media and Telecommunications, Coastal Urban Economic Region: 2.3% Financial and Insurance Services, Coastal Urban Economic Region: 4.6% Rental, Hiring and Real Estate Services, Coastal Urban Economic Region: 1.8% Professional, Scientific and Technical Services, Coastal Urban Economic Region: 2.0% Administrative and Support Services, Coastal Urban Economic Region: 2.4% Public Administration and Safety, Coastal Urban Economic Region: 4.9% Education and Training, Coastal Urban Economic Region: 6.2% Health Care and Social Assistance, Coastal Urban Economic Region: 15.8% Arts and Recreation Services, Coastal Urban Economic Region: 0.5% Other Services, Coastal Urban Economic Region: 2.1%
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 Coastal Urban Economic Region in 2017/18 shows the three largest industries were:

  • Health Care and Social Assistance ($611 million or 15.8%)
  • Agriculture, Forestry and Fishing ($526 million or 13.6%)
  • Manufacturing ($394 million or 10.2%)

In combination these three industries accounted for $1,531 million in total or 39.6% of the total value added by industry in Coastal Urban Economic Region.

In comparison, the same 3 industries in Greater Hobart accounted for 16.4% in Health Care and Social Assistance; 3.3% in Agriculture, Forestry and Fishing; and 5.5% in Manufacturing.

The major differences between the value added by industries of Coastal Urban Economic Region and Greater Hobart were:

  • A larger percentage of value added by Agriculture, Forestry and Fishing (13.6% compared to 3.3%)
  • A larger percentage of value added by Mining (7.2% compared to 1.2%)
  • A smaller percentage of value added by Public Administration and Safety (4.9% compared to 11.1%)
  • A smaller percentage of value added by Financial and Insurance Services (4.6% compared to 10.1%)

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, Coastal Urban Economic Region: +$81.8 million Mining, Coastal Urban Economic Region: -$33.0 million Manufacturing, Coastal Urban Economic Region: -$100.1 million Electricity, Gas, Water and Waste Services, Coastal Urban Economic Region: -$22.3 million Construction, Coastal Urban Economic Region: -$7.0 million Wholesale Trade, Coastal Urban Economic Region: -$33.7 million Retail Trade, Coastal Urban Economic Region: +$7.9 million Accommodation and Food Services, Coastal Urban Economic Region: +$3.5 million Transport, Postal and Warehousing, Coastal Urban Economic Region: -$65.9 million Information Media and Telecommunications, Coastal Urban Economic Region: +$21.7 million Financial and Insurance Services, Coastal Urban Economic Region: +$29.7 million Rental, Hiring and Real Estate Services, Coastal Urban Economic Region: +$16.8 million Professional, Scientific and Technical Services, Coastal Urban Economic Region: +$3.4 million Administrative and Support Services, Coastal Urban Economic Region: +$0.3 million Public Administration and Safety, Coastal Urban Economic Region: +$14.5 million Education and Training, Coastal Urban Economic Region: +$4.7 million Health Care and Social Assistance, Coastal Urban Economic Region: +$96.1 million Arts and Recreation Services, Coastal Urban Economic Region: +$6.7 million Other Services, Coastal Urban Economic Region: +$10.5 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 Coastal Urban Economic Region increased by 35.8 million between 2012/13 and 2017/18.

The largest changes in the value added by industries between 2012/13 and 2017/18 in Coastal Urban Economic Region were for:

  • Manufacturing (-$100 million)
  • Health Care and Social Assistance (+$96 million)
  • Agriculture, Forestry and Fishing (+$82 million)
  • Transport, Postal and Warehousing (-$66 million)

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