Output by industry is a gross measure of the total sales of each industry sector in the Inner West Council area. It does not measure how productive each industry sector is at producing this output - which is measured by value added.
By comparing the output of each industry sector to a regional benchmark, you can clearly see the structure of the Inner West 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 get the full picture how each industry sector contributes to the regional or state economy, output data should be viewed alongside the other industry characteristics in the Industry sector analysis section.
Detailed data notes about how the figures are derived can be found in the specific topic notes section.
The gross measure of output includes the value of all the inputs to each industry.
Data source
National Economics (NIEIR) - Modelled series
Current benchmark:
Comparison year:
| Output by industry sector | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Inner West Council area | 2022/23 | 2016/17 | Change | ||||||
| Industry | $m | % | New South Wales | $m | % | New South Wales | 2016/17 - 2022/23 | ||
| Agriculture, Forestry and Fishing | 54.9 | 0.3 | 2.5 | 36.4 | 0.2 | 2.5 | +18.5 | ||
| Mining | 52.1 | 0.2 | 4.0 | 17.7 | 0.1 | 5.2 | +34.4 | ||
| Manufacturing | 2,223.3 | 10.6 | 9.5 | 2,571.3 | 13.2 | 11.0 | -348.0 | ||
| Electricity, Gas, Water and Waste Services | 110.3 | 0.5 | 2.7 | 57.9 | 0.3 | 2.6 | +52.4 | ||
| Construction | 4,559.1 | 21.7 | 13.4 | 2,894.5 | 14.9 | 13.4 | +1,664.6 | ||
| Wholesale Trade | 676.0 | 3.2 | 4.0 | 1,151.4 | 5.9 | 4.9 | -475.4 | ||
| Retail Trade | 1,175.1 | 5.6 | 3.8 | 1,147.1 | 5.9 | 4.0 | +28.0 | ||
| Accommodation and Food Services | 997.3 | 4.7 | 3.1 | 865.3 | 4.4 | 3.0 | +132.0 | ||
| Transport, Postal and Warehousing | 1,309.5 | 6.2 | 7.6 | 1,173.4 | 6.0 | 6.8 | +136.1 | ||
| Information Media and Telecommunications | 727.6 | 3.5 | 4.6 | 501.5 | 2.6 | 3.4 | +226.1 | ||
| Financial and Insurance Services | 659.4 | 3.1 | 9.0 | 732.5 | 3.8 | 9.0 | -73.1 | ||
| Rental, Hiring and Real Estate Services | 1,384.3 | 6.6 | 6.1 | 1,734.6 | 8.9 | 6.7 | -350.3 | ||
| Professional, Scientific and Technical Services | 2,206.9 | 10.5 | 9.7 | 1,951.0 | 10.0 | 8.8 | +256.0 | ||
| Administrative and Support Services | 724.1 | 3.4 | 3.7 | 784.3 | 4.0 | 3.4 | -60.2 | ||
| Public Administration and Safety | 917.2 | 4.4 | 4.0 | 853.1 | 4.4 | 3.6 | +64.1 | ||
| Education and Training | 1,062.9 | 5.1 | 3.7 | 818.9 | 4.2 | 3.8 | +244.0 | ||
| Health Care and Social Assistance | 1,397.2 | 6.6 | 5.7 | 1,210.1 | 6.2 | 4.8 | +187.0 | ||
| Arts and Recreation Services | 324.6 | 1.5 | 1.1 | 329.6 | 1.7 | 1.2 | -5.0 | ||
| Other Services | 457.9 | 2.2 | 1.6 | 625.6 | 3.2 | 2.0 | -167.7 | ||
| Total industries | 21,019.7 | 100.0 | 100.0 | 19,456.2 | 100.0 | 100.0 | +1,563.4 | ||
Source: National Institute of Economic and Industry Research (NIEIR) ©2024. ©2023. Compiled and presented in economy.id by .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 Please refer to specific data notes for more information | |||||||||
Dominant groups
An analysis of the output by industry sectors in the Inner West Council area in 2022/23 shows the three largest industries were:
- Construction ($4,559 million or 21.7%)
- Manufacturing ($2,223 million or 10.6%)
- Professional, Scientific and Technical Services ($2,207 million or 10.5%)
In combination these three industries accounted for $8,989 million in total or 42.8% of the total output by total industry in the the Inner West Council area.
In comparison, the same 3 industries in New South Wales accounted for 13.4% in Construction; 9.5% in Manufacturing and 9.7% in Professional, Scientific and Technical Services.
The major differences between output by industries of the Inner West Council area and New South Wales were:
- A larger percentage of output by Construction (21.7% compared to 13.4%)
- A smaller percentage of output by Financial and Insurance Services (3.1% compared to 9.0%)
- A smaller percentage of output by Mining (0.2% compared to 4.0%)
- A smaller percentage of output by Agriculture, Forestry and Fishing (0.3% compared to 2.5%)
Emerging groups
The total industry output in the Inner West Council area increased by $1,563 million between 2016/17 and 2022/23.
The largest changes in the output by industries between 2016/17 and 2022/23 in the Inner West Council area were for:
- Construction (+$1,665 million)
- Professional, Scientific and Technical Services (+$256 million)
- Education and Training (+$244 million)
- Information Media and Telecommunications (+$226 million)