Far North Queensland Regional Organisation of Councils

economic profile

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FNQROC

Local sales

In the FNQROC, Construction had the highest local sales, generating $4,039 million in 2022/23.

Local sales by industry measures the output of local industries that is sold locally. This includes sales to local consumers, businesses and other organisations.

To get the full picture how each industry sector contributes to the regional or state economy, local sales data should be viewed alongside the other industry characteristics in the Industry sector analysis 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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Local sales by industry sector
FNQROC - Constant prices2022/232017/18Change
Industry$m%. Queensland$m%. Queensland2017/18 - 2022/23
Agriculture, Forestry and Fishing1,159.65.01.91,033.34.01.8+126.3
Mining1,331.45.75.15,612.222.010.4-4,280.8
Manufacturing1,481.16.47.71,531.36.08.2-50.3
Electricity, Gas, Water and Waste Services1,138.34.94.11,049.64.13.9+88.8
Construction4,038.517.420.24,222.716.521.4-184.2
Wholesale Trade596.72.63.4641.22.53.4-44.4
Retail Trade1,140.34.94.41,118.04.44.4+22.3
Accommodation and Food Services829.33.63.0741.62.92.9+87.7
Transport, Postal and Warehousing1,769.77.66.91,184.84.65.4+584.9
Information Media and Telecommunications307.11.32.3201.10.81.7+106.0
Financial and Insurance Services612.52.65.3613.52.44.9-1.0
Rental, Hiring and Real Estate Services1,243.45.36.61,322.45.26.2-78.9
Professional, Scientific and Technical Services1,176.15.16.91,007.93.96.3+168.2
Administrative and Support Services1,000.04.33.6781.13.13.2+218.9
Public Administration and Safety1,470.66.34.11,238.84.83.5+231.8
Education and Training1,005.54.33.7788.03.13.1+217.5
Health Care and Social Assistance2,088.89.07.41,621.06.36.0+467.8
Arts and Recreation Services250.21.11.0263.81.01.0-13.6
Other Services636.12.72.5585.72.32.3+50.4
Total industries23,275.3100.0100.025,558.0100.0100.0-2,282.7

Source: National Institute of Economic and Industry Research (NIEIR) ©2024. ©2023. Compiled and presented in economy.id by .id (informed decisions) NIEIR-ID data are adjusted each year, using updated employment estimates. .id (informed decisions). Data are based on a 2020/21 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

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 local sales by industry sectors in the FNQROC in 2022/23 shows the three largest industries were:

  • Construction ($4,039million or 17.4%)
  • Health Care and Social Assistance ($2,089million or 9.0%)
  • Transport, Postal and Warehousing ($1,770million or 7.6%)

In combination these three industries accounted for $7,897 million in total or 33.9% of the total local sales by total industry in the the FNQROC.

In comparison, the same 3 industries in Queensland accounted for 20.2% in Construction; 7.4% in Health Care and Social Assistance and 6.9% in Transport, Postal and Warehousing.

The major differences between local sales by industries of the FNQROC and Queensland were:

  • A larger percentage of local sales by Agriculture, Forestry and Fishing (5.0% compared to 1.9%)
  • A smaller percentage of local sales by Construction (17.4% compared to 20.2%)
  • A smaller percentage of local sales by Financial and Insurance Services (2.6% compared to 5.3%)
  • A larger percentage of local sales by Public Administration and Safety (6.3% compared to 4.1%)

Emerging groups

The total local sales by industry in the FNQROC $decreased by -2,283 million between 2017/18 and 2022/23.

The largest changes in the local sales by industries between 2017/18 and 2022/23 in the FNQROC were for:

  • Mining (-$4,281 million)
  • Transport, Postal and Warehousing (+$585 million)
  • Health Care and Social Assistance (+$468 million)
  • Public Administration and Safety (+$232 million)

Far North Queensland Regional Organisation of Councils

economic profile