North Sydney Council area

Value added

In North Sydney Council area, Professional, Scientific and Technical Services most productive industry, generating $5,296 million in 2021/22.

Value added by industry is an indicator of business productivity in North Sydney 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 North Sydney 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:
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Value added by industry sector
North Sydney Council area2021/222016/17Change
Industry$m%. New South Wales$m%. New South Wales2016/17 - 2021/22
Agriculture, Forestry and Fishing33.60.22.437.90.22.4-4.3
Electricity, Gas, Water and Waste Services103.00.62.2372.72.32.4-269.8
Wholesale Trade792.54.35.5676.34.15.6+116.2
Retail Trade406.22.25.4338.42.15.4+67.8
Accommodation and Food Services240.81.32.5297.91.83.0-57.1
Transport, Postal and Warehousing365.12.05.7580.43.56.7-215.3
Information Media and Telecommunications3,466.918.64.01,447.58.83.3+2,019.4
Financial and Insurance Services2,336.812.612.62,789.717.012.7-452.9
Rental, Hiring and Real Estate Services861.04.64.5829.85.14.6+31.2
Professional, Scientific and Technical Services5,296.128.511.14,216.725.79.6+1,079.4
Administrative and Support Services1,,
Public Administration and Safety441.32.45.4510.33.15.2-69.1
Education and Training488.22.65.9504.03.16.0-15.8
Health Care and Social Assistance526.52.88.6477.82.97.3+48.7
Arts and Recreation Services109.80.60.8122.70.70.9-12.9
Other Services169.80.91.7201.11.22.1-31.3
Total industries18,589.8100.0100.016,430.9100.0100.0+2,158.9

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
Did you know? By clicking/tapping on a category in the chart below you will be able to drilldown to the sub categories.
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Dominant groups

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

  • Professional, Scientific and Technical Services (5,296 million or 28.5%)
  • Information Media and Telecommunications (3,467 million or 18.6%)
  • Financial and Insurance Services (2,337 million or 12.6%)

In combination these three industries accounted for 11,100 million in total or 59.7% of the total value added by industry in the North Sydney Council area.

In comparison, the same 3 industries in New South Wales accounted for 11.1% in Professional, Scientific and Technical Services; 4.0% in Information Media and Telecommunications and 12.6% in Financial and Insurance Services.

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

  • A larger percentage of value added by Professional, Scientific and Technical Services (28.5% compared to 11.1%)
  • A larger percentage of value added by Information Media and Telecommunications (18.6% compared to 4.0%)
  • A smaller percentage of value added by Health Care and Social Assistance (2.8% compared to 8.6%)
  • A smaller percentage of value added by Transport, Postal and Warehousing (2.0% compared to 5.7%)

Emerging groups

The total value added by industry in North Sydney Council area $increased by 2,159 million between 2016/17 and 2021/22.

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

  • Information Media and Telecommunications (+$2,019 million)
  • Professional, Scientific and Technical Services (+$1,079 million)
  • Wholesale Trade (+$116 million)
  • Retail Trade (+$68 million)

North Sydney Council

economic profile