Kyogle

Value added

In the Kyogle, Agriculture, Forestry and Fishing most productive industry, generating $86 million in 2022/23.

Value added by industry is an indicator of business productivity in the Kyogle. 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 the Kyogle’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

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Value added by industry sector
Kyogle2022/232017/18Change
Industry$m%. NSW$m%. NSW2017/18 - 2022/23
Agriculture, Forestry and Fishing85.527.72.578.327.12.4+7.2
Mining18.25.95.14.81.66.6+13.4
Manufacturing14.24.66.217.46.06.8-3.2
Electricity, Gas, Water and Waste Services10.23.32.09.03.12.2+1.2
Construction40.713.28.135.512.38.9+5.1
Wholesale Trade9.53.14.815.75.55.2-6.3
Retail Trade15.75.15.118.36.45.1-2.6
Accommodation and Food Services8.82.83.18.02.82.9+0.7
Transport, Postal and Warehousing4.61.56.04.81.66.2-0.2
Information Media and Telecommunications1.70.64.42.81.03.3-1.1
Financial and Insurance Services6.12.011.36.02.111.3+0.1
Rental, Hiring and Real Estate Services5.71.84.15.31.94.4+0.3
Professional, Scientific and Technical Services7.62.510.58.02.89.5-0.4
Administrative and Support Services5.11.64.94.81.74.6+0.2
Public Administration and Safety11.63.85.211.74.04.9-0.1
Education and Training29.89.65.628.710.05.6+1.0
Health Care and Social Assistance26.88.78.622.27.77.3+4.6
Arts and Recreation Services3.41.10.82.30.80.9+1.1
Other Services3.71.21.64.81.72.0-1.0
Total industries308.7100.0100.0288.5100.0100.0+20.2

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.
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Dominant groups

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

  • Agriculture, Forestry and Fishing (86 million or 27.7%)
  • Construction (41 million or 13.2%)
  • Education and Training (30 million or 9.6%)

In combination these three industries accounted for 156 million in total or 50.5% of the total value added by industry in the the Kyogle.

In comparison, the same 3 industries in NSW accounted for 2.5% in Agriculture, Forestry and Fishing; 8.1% in Construction and 5.6% in Education and Training.

The major differences between the value added by industries of the Kyogle and NSW were:

  • A larger percentage of value added by Agriculture, Forestry and Fishing (27.7% 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 (2.5% compared to 10.5%)
  • A larger percentage of value added by Construction (13.2% compared to 8.1%)

Emerging groups

The total value added by industry in the Kyogle $increased by 20 million between 2017/18 and 2022/23.

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

  • Mining (+$13 million)
  • Agriculture, Forestry and Fishing (+$7 million)
  • Construction (+$5 million)
  • Health Care and Social Assistance (+$5 million)

Northern Rivers Region

economic profile