Edward River Council

Value added

In Edward River Council, Agriculture, Forestry and Fishing most productive industry, generating $121 million in 2022/23.

Value added by industry is an indicator of business productivity in Edward River 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 Edward River 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:
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Value added by industry sector
Edward River Council2022/232017/18Change
Industry$m%. New South Wales$m%. New South Wales2017/18 - 2022/23
Agriculture, Forestry and Fishing121.127.72.5101.723.62.4+19.4
Electricity, Gas, Water and Waste Services31.
Wholesale Trade13.33.04.817.94.15.2-4.5
Retail Trade27.
Accommodation and Food Services16.
Transport, Postal and Warehousing17.
Information Media and Telecommunications2.
Financial and Insurance Services9.42.111.313.83.211.3-4.4
Rental, Hiring and Real Estate Services7.
Professional, Scientific and Technical Services15.43.510.517.64.19.5-2.3
Administrative and Support Services14.33.34.910.32.44.6+4.0
Public Administration and Safety22.
Education and Training27.26.25.624.85.75.6+2.5
Health Care and Social Assistance53.812.38.645.810.67.3+8.0
Arts and Recreation Services2.
Other Services9.
Total industries437.7100.0100.0431.2100.0100.0+6.5

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 Edward River Council in 2021/22 shows the three largest industries were:

  • Agriculture, Forestry and Fishing (121 million or 27.7%)
  • Health Care and Social Assistance (54 million or 12.3%)
  • Construction (34 million or 7.9%)

In combination these three industries accounted for 209 million in total or 47.8% of the total value added by industry in the Edward River Council.

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

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

  • A larger percentage of value added by Agriculture, Forestry and Fishing (27.7% compared to 2.5%)
  • A smaller percentage of value added by Financial and Insurance Services (2.1% compared to 11.3%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (3.5% compared to 10.5%)
  • A larger percentage of value added by Electricity, Gas, Water and Waste Services (7.2% compared to 2.0%)

Emerging groups

The total value added by industry in Edward River Council $increased by 6 million between 2017/18 and 2022/23.

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

  • Agriculture, Forestry and Fishing (+$19 million)
  • Health Care and Social Assistance (+$8 million)
  • Retail Trade (+$4 million)
  • Administrative and Support Services (+$4 million)

Edward River Council

economic profile