Gunnedah Shire

Value added

In Gunnedah Shire, Agriculture, Forestry and Fishing most productive industry, generating $158 million in 2021/22.

Value added by industry is an indicator of business productivity in Gunnedah Shire. 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 Gunnedah Shire’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
Gunnedah Shire2021/222016/17Change
Industry$m%. New South Wales$m%. New South Wales2016/17 - 2021/22
Agriculture, Forestry and Fishing157.523.92.4123.119.62.4+34.4
Electricity, Gas, Water and Waste Services16.
Wholesale Trade44.96.85.533.75.45.6+11.2
Retail Trade27.54.25.430.14.85.4-2.6
Accommodation and Food Services17.22.62.517.82.83.0-0.6
Transport, Postal and Warehousing34.35.25.741.46.66.7-7.1
Information Media and Telecommunications2.
Financial and Insurance Services17.42.612.612.72.012.7+4.7
Rental, Hiring and Real Estate Services21.43.24.518.83.04.6+2.6
Professional, Scientific and Technical Services13.
Administrative and Support Services33.
Public Administration and Safety24.13.75.428.84.65.2-4.7
Education and Training38.65.95.932.25.16.0+6.4
Health Care and Social Assistance41.56.38.636.75.87.3+4.8
Arts and Recreation Services0.
Other Services15.32.31.721.93.52.1-6.6
Total industries659.6100.0100.0628.3100.0100.0+31.4

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
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Dominant groups

An analysis of the valued added by industry sectors in Gunnedah Shire in 2021/22 shows the three largest industries were:

  • Agriculture, Forestry and Fishing (158 million or 23.9%)
  • Mining (75 million or 11.4%)
  • Construction (56 million or 8.5%)

In combination these three industries accounted for 289 million in total or 43.8% of the total value added by industry in the Gunnedah Shire.

In comparison, the same 3 industries in New South Wales accounted for 2.4% in Agriculture, Forestry and Fishing; 1.7% in Mining and 8.6% in Construction.

The major differences between the value added by industries of Gunnedah Shire and New South Wales were:

  • A larger percentage of value added by Agriculture, Forestry and Fishing (23.9% compared to 2.4%)
  • A smaller percentage of value added by Financial and Insurance Services (2.6% compared to 12.6%)
  • A larger percentage of value added by Mining (11.4% compared to 1.7%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (2.0% compared to 11.1%)

Emerging groups

The total value added by industry in Gunnedah Shire $increased by 31 million between 2016/17 and 2021/22.

The largest changes in the value added by industries between 2016/17 and 2021/22 in Gunnedah Shire were for:

  • Agriculture, Forestry and Fishing (+$34 million)
  • Administrative and Support Services (+$14 million)
  • Wholesale Trade (+$11 million)
  • Education and Training (+$6 million)

Gunnedah Shire Council

economic profile