Georges River Council area

Value added

In Georges River Council area, Financial and Insurance Services most productive industry, generating $1,261 million in 2021/22.

Value added by industry is an indicator of business productivity in Georges River 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 Georges River 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:
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
Georges River Council area2021/222016/17Change
Industry$m%. New South Wales$m%. New South Wales2016/17 - 2021/22
Agriculture, Forestry and Fishing15.
Electricity, Gas, Water and Waste Services72.41.22.2149.72.42.4-77.4
Wholesale Trade238.43.95.5270.04.35.6-31.6
Retail Trade347.65.75.4342.75.55.4+4.9
Accommodation and Food Services161.62.62.5188.53.03.0-26.9
Transport, Postal and Warehousing244.74.05.7191.63.16.7+53.1
Information Media and Telecommunications79.
Financial and Insurance Services1,260.720.612.61,332.021.312.7-71.3
Rental, Hiring and Real Estate Services362.35.94.5376.56.04.6-14.2
Professional, Scientific and Technical Services464.27.611.1414.56.69.6+49.7
Administrative and Support Services277.24.55.0239.43.84.6+37.8
Public Administration and Safety208.73.45.4250.84.05.2-42.1
Education and Training353.65.85.9332.35.36.0+21.3
Health Care and Social Assistance1,089.417.88.6882.214.17.3+207.2
Arts and Recreation Services37.40.60.836.50.60.9+0.9
Other Services140.32.31.7166.12.72.1-25.8
Total industries6,134.4100.0100.06,244.8100.0100.0-110.4

Source: National Institute of Economic and Industry Research (NIEIR) ©2023. Compiled and presented in 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.
loading animation
loading animation

Dominant groups

An analysis of the valued added by industry sectors in Georges River Council area in 2021/22 shows the three largest industries were:

  • Financial and Insurance Services (1,261 million or 20.6%)
  • Health Care and Social Assistance (1,089 million or 17.8%)
  • Construction (539 million or 8.8%)

In combination these three industries accounted for 2,889 million in total or 47.1% of the total value added by industry in the Georges River Council area.

In comparison, the same 3 industries in New South Wales accounted for 12.6% in Financial and Insurance Services; 8.6% in Health Care and Social Assistance and 8.6% in Construction.

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

  • A larger percentage of value added by Health Care and Social Assistance (17.8% compared to 8.6%)
  • A larger percentage of value added by Financial and Insurance Services (20.6% compared to 12.6%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (7.6% compared to 11.1%)
  • A smaller percentage of value added by Information Media and Telecommunications (1.3% compared to 4.0%)

Emerging groups

The total value added by industry in Georges River Council area $decreased by -110 million between 2016/17 and 2021/22.

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

  • Health Care and Social Assistance (+$207 million)
  • Transport, Postal and Warehousing (+$53 million)
  • Professional, Scientific and Technical Services (+$50 million)
  • Administrative and Support Services (+$38 million)

Georges River Council

economic profile