Gunnedah Shire

Value added

In Gunnedah Shire, Mining most productive industry, generating $207 million in 2022/23.

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 Shire2022/232017/18Change
Industry$m%. New South Wales$m%. New South Wales2017/18 - 2022/23
Agriculture, Forestry and Fishing167.519.22.5135.216.52.4+32.3
Electricity, Gas, Water and Waste Services24.
Wholesale Trade45.25.24.838.64.75.2+6.6
Retail Trade44.
Accommodation and Food Services26.
Transport, Postal and Warehousing26.
Information Media and Telecommunications3.
Financial and Insurance Services17.72.011.314.71.811.3+3.0
Rental, Hiring and Real Estate Services25.
Professional, Scientific and Technical Services15.11.710.520.62.59.5-5.6
Administrative and Support Services35.54.14.927.33.34.6+8.2
Public Administration and Safety25.
Education and Training43.14.95.635.34.35.6+7.8
Health Care and Social Assistance50.05.78.640.44.97.3+9.6
Arts and Recreation Services1.
Other Services22.72.61.619.42.42.0+3.3
Total industries873.8100.0100.0817.9100.0100.0+55.9

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:

  • Mining (207 million or 23.7%)
  • Agriculture, Forestry and Fishing (168 million or 19.2%)
  • Construction (60 million or 6.9%)

In combination these three industries accounted for 435 million in total or 49.8% of the total value added by industry in the Gunnedah Shire.

In comparison, the same 3 industries in New South Wales accounted for 5.1% in Mining; 2.5% in Agriculture, Forestry and Fishing and 8.1% 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 Mining (23.7% compared to 5.1%)
  • A larger percentage of value added by Agriculture, Forestry and Fishing (19.2% compared to 2.5%)
  • A smaller percentage of value added by Financial and Insurance Services (2.0% compared to 11.3%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (1.7% compared to 10.5%)

Emerging groups

The total value added by industry in Gunnedah Shire $increased by 56 million between 2017/18 and 2022/23.

The largest changes in the value added by industries between 2017/18 and 2022/23 in Gunnedah Shire were for:

  • Agriculture, Forestry and Fishing (+$32 million)
  • Electricity, Gas, Water and Waste Services (+$13 million)
  • Retail Trade (+$10 million)
  • Health Care and Social Assistance (+$10 million)

Gunnedah Shire Council

economic profile