Shire of Murray

Value added

In Shire of Murray, Mining most productive industry, generating $1,805 million in 2022/23.

Value added by industry is an indicator of business productivity in Shire of Murray. 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 Shire of Murray’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:
reset
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
Shire of Murray2022/232017/18Change
Industry$m%. Western Australia$m%. Western Australia2017/18 - 2022/23
Agriculture, Forestry and Fishing66.42.22.850.81.62.2+15.6
Mining1,805.459.849.81,953.263.350.9-147.8
Manufacturing601.319.94.5676.821.94.8-75.4
Electricity, Gas, Water and Waste Services41.91.41.333.01.11.4+8.9
Construction112.63.75.598.83.26.9+13.8
Wholesale Trade16.90.62.718.70.62.2-1.7
Retail Trade45.61.52.737.41.22.7+8.2
Accommodation and Food Services28.60.91.428.90.91.5-0.3
Transport, Postal and Warehousing18.30.63.514.20.53.4+4.1
Information Media and Telecommunications0.20.00.80.50.00.8-0.3
Financial and Insurance Services13.10.43.310.30.33.2+2.8
Rental, Hiring and Real Estate Services41.11.41.917.50.61.7+23.6
Professional, Scientific and Technical Services30.91.04.621.40.74.5+9.5
Administrative and Support Services26.50.92.214.70.51.9+11.8
Public Administration and Safety33.81.12.920.10.73.0+13.7
Education and Training57.21.92.831.81.02.9+25.4
Health Care and Social Assistance41.41.45.032.21.04.5+9.2
Arts and Recreation Services9.40.30.46.40.20.4+3.0
Other Services26.50.91.517.60.61.3+8.9
Total industries3,017.2100.0100.03,084.2100.0100.0-67.0

Source: National Institute of Economic and Industry Research (NIEIR) ©2023. Compiled and presented in economy.id 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 Shire of Murray in 2021/22 shows the three largest industries were:

  • Mining (1,805 million or 59.8%)
  • Manufacturing (601 million or 19.9%)
  • Construction (113 million or 3.7%)

In combination these three industries accounted for 2,519 million in total or 83.5% of the total value added by industry in the Shire of Murray.

In comparison, the same 3 industries in Western Australia accounted for 49.8% in Mining; 4.5% in Manufacturing and 5.5% in Construction.

The major differences between the value added by industries of Shire of Murray and Western Australia were:

  • A larger percentage of value added by Manufacturing (19.9% compared to 4.5%)
  • A larger percentage of value added by Mining (59.8% compared to 49.8%)
  • A smaller percentage of value added by Health Care and Social Assistance (1.4% compared to 5.0%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (1.0% compared to 4.6%)

Emerging groups

The total value added by industry in Shire of Murray $decreased by -67 million between 2017/18 and 2022/23.

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

  • Education and Training (+$25 million)
  • Rental, Hiring and Real Estate Services (+$24 million)
  • Agriculture, Forestry and Fishing (+$16 million)
  • Construction (+$14 million)

Murray Shire Council

economic profile