Northern Tasmania Region

Value added

In the Northern Tasmania Region, Agriculture, Forestry and Fishing most productive industry, generating $1,539 million in 2021/22.

Value added by industry is an indicator of business productivity in the Northern Tasmania Region. 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 Northern Tasmania Region’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
Northern Tasmania Region2021/222016/17Change
Industry$m%. Tasmania$m%. Tasmania2016/17 - 2021/22
Agriculture, Forestry and Fishing1,538.818.013.51,006.114.411.2+532.7
Mining437.05.13.5290.44.14.1+146.6
Manufacturing567.56.66.5581.18.37.4-13.5
Electricity, Gas, Water and Waste Services199.62.33.3168.52.43.5+31.1
Construction630.07.38.1480.66.97.5+149.3
Wholesale Trade305.93.62.9296.94.23.3+9.0
Retail Trade471.05.55.2428.56.15.9+42.5
Accommodation and Food Services218.02.52.4173.92.52.8+44.1
Transport, Postal and Warehousing453.05.34.6355.05.15.2+98.0
Information Media and Telecommunications185.12.23.5170.42.43.3+14.6
Financial and Insurance Services539.56.35.5551.37.96.2-11.8
Rental, Hiring and Real Estate Services148.41.71.9123.11.82.0+25.4
Professional, Scientific and Technical Services254.23.03.9214.93.13.5+39.2
Administrative and Support Services175.22.02.4127.71.82.1+47.5
Public Administration and Safety362.44.27.5323.64.67.5+38.8
Education and Training534.96.26.6503.37.27.4+31.7
Health Care and Social Assistance1,329.115.515.5987.314.113.9+341.8
Arts and Recreation Services74.70.91.178.11.11.2-3.3
Other Services147.41.71.9142.82.02.1+4.6
Total industries8,571.8100.0100.07,003.5100.0100.0+1,568.3

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 Northern Tasmania Region in 2021/22 shows the three largest industries were:

  • Agriculture, Forestry and Fishing (1,539 million or 18.0%)
  • Health Care and Social Assistance (1,329 million or 15.5%)
  • Construction (630 million or 7.3%)

In combination these three industries accounted for 3,498 million in total or 40.8% of the total value added by industry in the the Northern Tasmania Region.

In comparison, the same 3 industries in Tasmania accounted for 13.5% in Agriculture, Forestry and Fishing; 15.5% in Health Care and Social Assistance and 8.1% in Construction.

The major differences between the value added by industries of the Northern Tasmania Region and Tasmania were:

  • A larger percentage of value added by Agriculture, Forestry and Fishing (18.0% compared to 13.5%)
  • A smaller percentage of value added by Public Administration and Safety (4.2% compared to 7.5%)
  • A larger percentage of value added by Mining (5.1% compared to 3.5%)
  • A smaller percentage of value added by Information Media and Telecommunications (2.2% compared to 3.5%)

Emerging groups

The total value added by industry in the Northern Tasmania Region $increased by 1,568 million between 2016/17 and 2021/22.

The largest changes in the value added by industries between 2016/17 and 2021/22 in the Northern Tasmania Region were for:

  • Agriculture, Forestry and Fishing (+$533 million)
  • Health Care and Social Assistance (+$342 million)
  • Construction (+$149 million)
  • Mining (+$147 million)

Northern Tasmania Region

economic profile