Far North Queensland Regional Organisation of CouncilsEconomic profile
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FNQROC

Value added

In the FNQROC, Health Care and Social Assistance is the most productive industry, generating $1,335 million in 2017/18.

Value added by industry is an indicator of business productivity in FNQROC. 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 FNQROC’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
FNQROC - Constant prices2017/182012/13Change
Industry
(Click rows to view sub-categories)
$m%Queensland%$m%Queensland%2012/13 to 2017/18
Agriculture, Forestry and Fishing1,206.49.43.61,342.911.34.1-136.5
Mining629.04.98.3501.44.25.7+127.7
Manufacturing876.96.87.4695.15.98.5+181.8
Electricity, Gas, Water and Waste Services446.63.53.5356.83.03.6+89.8
Construction968.37.69.51,201.210.112.8-232.9
Wholesale Trade395.73.14.4441.03.74.8-45.4
Retail Trade803.06.35.5746.66.35.6+56.3
Accommodation and Food Services666.65.23.1635.35.43.2+31.2
Transport, Postal and Warehousing749.75.95.5949.08.06.9-199.3
Information Media and Telecommunications147.91.21.8123.81.01.6+24.1
Financial and Insurance Services570.44.57.8512.64.37.2+57.8
Rental, Hiring and Real Estate Services408.13.23.7321.52.73.2+86.6
Professional, Scientific and Technical Services671.25.27.0535.74.56.8+135.6
Administrative and Support Services615.14.83.7395.03.33.2+220.2
Public Administration and Safety1,059.78.36.8929.17.86.4+130.6
Education and Training740.25.85.9699.95.95.7+40.3
Health Care and Social Assistance1,334.510.49.21,029.38.77.4+305.2
Arts and Recreation Services167.61.31.0124.91.10.9+42.7
Other Services351.22.72.2306.32.62.3+44.9

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, Queensland: 3.6% Mining, Queensland: 8.3% Manufacturing, Queensland: 7.4% Electricity, Gas, Water and Waste Services, Queensland: 3.5% Construction, Queensland: 9.5% Wholesale Trade, Queensland: 4.4% Retail Trade, Queensland: 5.5% Accommodation and Food Services, Queensland: 3.1% Transport, Postal and Warehousing, Queensland: 5.5% Information Media and Telecommunications, Queensland: 1.8% Financial and Insurance Services, Queensland: 7.8% Rental, Hiring and Real Estate Services, Queensland: 3.7% Professional, Scientific and Technical Services, Queensland: 7.0% Administrative and Support Services, Queensland: 3.7% Public Administration and Safety, Queensland: 6.8% Education and Training, Queensland: 5.9% Health Care and Social Assistance, Queensland: 9.2% Arts and Recreation Services, Queensland: 1.0% Other Services, Queensland: 2.2% Agriculture, Forestry and Fishing, FNQROC: 9.4% Mining, FNQROC: 4.9% Manufacturing, FNQROC: 6.8% Electricity, Gas, Water and Waste Services, FNQROC: 3.5% Construction, FNQROC: 7.6% Wholesale Trade, FNQROC: 3.1% Retail Trade, FNQROC: 6.3% Accommodation and Food Services, FNQROC: 5.2% Transport, Postal and Warehousing, FNQROC: 5.9% Information Media and Telecommunications, FNQROC: 1.2% Financial and Insurance Services, FNQROC: 4.5% Rental, Hiring and Real Estate Services, FNQROC: 3.2% Professional, Scientific and Technical Services, FNQROC: 5.2% Administrative and Support Services, FNQROC: 4.8% Public Administration and Safety, FNQROC: 8.3% Education and Training, FNQROC: 5.8% Health Care and Social Assistance, FNQROC: 10.4% Arts and Recreation Services, FNQROC: 1.3% Other Services, FNQROC: 2.7%
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 FNQROC in 2017/18 shows the three largest industries were:

  • Health Care and Social Assistance ($1,335 million or 10.4%)
  • Agriculture, Forestry and Fishing ($1,206 million or 9.4%)
  • Public Administration and Safety ($1,060 million or 8.3%)

In combination these three industries accounted for $3,601 million in total or 28.1% of the total value added by industry in the FNQROC.

In comparison, the same 3 industries in Queensland accounted for 9.2% in Health Care and Social Assistance; 3.6% in Agriculture, Forestry and Fishing; and 6.8% in Public Administration and Safety.

The major differences between the value added by industries of the FNQROC and Queensland were:

  • A larger percentage of value added by Agriculture, Forestry and Fishing (9.4% compared to 3.6%)
  • A larger percentage of value added by Accommodation and Food Services (5.2% compared to 3.1%)
  • A smaller percentage of value added by Mining (4.9% compared to 8.3%)
  • A smaller percentage of value added by Financial and Insurance Services (4.5% compared to 7.8%)

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, FNQROC: -$136.5 million Mining, FNQROC: +$127.7 million Manufacturing, FNQROC: +$181.8 million Electricity, Gas, Water and Waste Services, FNQROC: +$89.8 million Construction, FNQROC: -$232.9 million Wholesale Trade, FNQROC: -$45.4 million Retail Trade, FNQROC: +$56.3 million Accommodation and Food Services, FNQROC: +$31.2 million Transport, Postal and Warehousing, FNQROC: -$199.3 million Information Media and Telecommunications, FNQROC: +$24.1 million Financial and Insurance Services, FNQROC: +$57.8 million Rental, Hiring and Real Estate Services, FNQROC: +$86.6 million Professional, Scientific and Technical Services, FNQROC: +$135.6 million Administrative and Support Services, FNQROC: +$220.2 million Public Administration and Safety, FNQROC: +$130.6 million Education and Training, FNQROC: +$40.3 million Health Care and Social Assistance, FNQROC: +$305.2 million Arts and Recreation Services, FNQROC: +$42.7 million Other Services, FNQROC: +$44.9 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 the FNQROC increased by 960.8 million between 2012/13 and 2017/18.

The largest changes in the value added by industries between 2012/13 and 2017/18 in the FNQROC were for:

  • Health Care and Social Assistance (+$305 million)
  • Construction (-$233 million)
  • Administrative and Support Services (+$220 million)
  • Transport, Postal and Warehousing (-$199 million)

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