Federation Council area

Value added

In Federation Council area, Agriculture, Forestry and Fishing most productive industry, generating $199 million in 2021/22.

Value added by industry is an indicator of business productivity in Federation 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 Federation 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

Current benchmark:
Comparison year:
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Value added by industry sector
Federation Council area2021/222016/17Change
Industry$m%. NSW$m%. NSW2016/17 - 2021/22
Agriculture, Forestry and Fishing199.530.72.4215.235.42.4-15.7
Electricity, Gas, Water and Waste Services5.
Wholesale Trade13.32.05.518.03.05.6-4.7
Retail Trade25.13.95.428.44.75.4-3.2
Accommodation and Food Services25.23.92.531.85.23.0-6.6
Transport, Postal and Warehousing53.18.25.739.36.56.7+13.8
Information Media and Telecommunications13.
Financial and Insurance Services5.80.912.
Rental, Hiring and Real Estate Services4.
Professional, Scientific and Technical Services10.61.611.
Administrative and Support Services11.
Public Administration and Safety25.33.95.419.83.35.2+5.5
Education and Training21.53.35.920.43.46.0+1.1
Health Care and Social Assistance30.04.68.623.23.87.3+6.8
Arts and Recreation Services1.
Other Services9.31.41.712.02.02.1-2.7
Total industries649.3100.0100.0608.4100.0100.0+40.9

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

  • Agriculture, Forestry and Fishing (199 million or 30.7%)
  • Manufacturing (150 million or 23.2%)
  • Transport, Postal and Warehousing (53 million or 8.2%)

In combination these three industries accounted for 403 million in total or 62.1% of the total value added by industry in the Federation Council area.

In comparison, the same 3 industries in NSW accounted for 2.4% in Agriculture, Forestry and Fishing; 6.5% in Manufacturing and 5.7% in Transport, Postal and Warehousing.

The major differences between the value added by industries of Federation Council area and NSW were:

  • A larger percentage of value added by Agriculture, Forestry and Fishing (30.7% compared to 2.4%)
  • A larger percentage of value added by Manufacturing (23.2% compared to 6.5%)
  • A smaller percentage of value added by Financial and Insurance Services (0.9% compared to 12.6%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (1.6% compared to 11.1%)

Emerging groups

The total value added by industry in Federation Council area $increased by 41 million between 2016/17 and 2021/22.

The largest changes in the value added by industries between 2016/17 and 2021/22 in Federation Council area were for:

  • Manufacturing (+$46 million)
  • Transport, Postal and Warehousing (+$14 million)
  • Information Media and Telecommunications (+$12 million)
  • Health Care and Social Assistance (+$7 million)

Federation Council

economic profile