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Flinders Council

Value added

In Flinders Council, Agriculture, Forestry and Fishing is the most productive industry, generating $26 million in 2017/18.

Value added by industry is an indicator of business productivity in 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 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 analysis section. 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.

National Economics (NIEIR) - Modelled series

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
Flinders Council - Constant prices2017/182012/13Change
Industry
(Click rows to view sub-categories)
$m%Regional TAS%$m%Regional TAS%2012/13 to 2017/18
Agriculture, Forestry and Fishing25.845.317.520.041.015.9+5.8
Mining0.00.17.70.00.08.50
Manufacturing1.62.88.81.22.410.5+0.4
Electricity, Gas, Water and Waste Services5.49.51.94.59.22.7+0.9
Construction1.83.15.72.04.25.9-0.2
Wholesale Trade2.44.33.71.93.94.1+0.6
Retail Trade2.03.65.51.63.35.3+0.4
Accommodation and Food Services1.01.72.71.22.62.9-0.3
Transport, Postal and Warehousing2.64.54.42.65.35.50
Information Media and Telecommunications0.71.32.50.20.42.2+0.6
Financial and Insurance Services1.32.36.41.22.45.8+0.1
Rental, Hiring and Real Estate Services0.30.61.60.30.61.30
Professional, Scientific and Technical Services0.30.52.00.40.82.0-0.1
Administrative and Support Services0.91.61.71.53.01.9-0.6
Public Administration and Safety2.64.64.33.16.44.3-0.5
Education and Training1.93.36.31.83.76.50
Health Care and Social Assistance4.88.414.43.36.712.3+1.5
Arts and Recreation Services0.61.00.90.81.70.8-0.3
Other Services0.91.61.81.22.41.7-0.3

Source: National Institute of Economic and Industry Research (NIEIR) ©2018. Compiled and presented in economy.id by .id , the population experts.

Data are based on a 2016-17 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

Value added by industry sector 2017/18
Value added by industry sector 2017/18 Agriculture, Forestry and Fishing, Regional TAS: 17.5% Mining, Regional TAS: 7.7% Manufacturing, Regional TAS: 8.8% Electricity, Gas, Water and Waste Services, Regional TAS: 1.9% Construction, Regional TAS: 5.7% Wholesale Trade, Regional TAS: 3.7% Retail Trade, Regional TAS: 5.5% Accommodation and Food Services, Regional TAS: 2.7% Transport, Postal and Warehousing, Regional TAS: 4.4% Information Media and Telecommunications, Regional TAS: 2.5% Financial and Insurance Services, Regional TAS: 6.4% Rental, Hiring and Real Estate Services, Regional TAS: 1.6% Professional, Scientific and Technical Services, Regional TAS: 2.0% Administrative and Support Services, Regional TAS: 1.7% Public Administration and Safety, Regional TAS: 4.3% Education and Training, Regional TAS: 6.3% Health Care and Social Assistance, Regional TAS: 14.4% Arts and Recreation Services, Regional TAS: 0.9% Other Services, Regional TAS: 1.8% Agriculture, Forestry and Fishing, Flinders Council: 45.3% Mining, Flinders Council: 0.1% Manufacturing, Flinders Council: 2.8% Electricity, Gas, Water and Waste Services, Flinders Council: 9.5% Construction, Flinders Council: 3.1% Wholesale Trade, Flinders Council: 4.3% Retail Trade, Flinders Council: 3.6% Accommodation and Food Services, Flinders Council: 1.7% Transport, Postal and Warehousing, Flinders Council: 4.5% Information Media and Telecommunications, Flinders Council: 1.3% Financial and Insurance Services, Flinders Council: 2.3% Rental, Hiring and Real Estate Services, Flinders Council: 0.6% Professional, Scientific and Technical Services, Flinders Council: 0.5% Administrative and Support Services, Flinders Council: 1.6% Public Administration and Safety, Flinders Council: 4.6% Education and Training, Flinders Council: 3.3% Health Care and Social Assistance, Flinders Council: 8.4% Arts and Recreation Services, Flinders Council: 1.0% Other Services, Flinders Council: 1.6%
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the valued added by industry sectors in Flinders Council in 2017/18 shows the three largest industries were:

  • Agriculture, Forestry and Fishing ($26 million or 45.3%)
  • Electricity, Gas, Water and Waste Services ($5 million or 9.5%)
  • Health Care and Social Assistance ($5 million or 8.4%)

In combination these three industries accounted for $36 million in total or 63.2% of the total value added by industry in Flinders Council.

In comparison, the same 3 industries in Regional TAS accounted for 17.5% in Agriculture, Forestry and Fishing; 1.9% in Electricity, Gas, Water and Waste Services; and 14.4% in Health Care and Social Assistance.

The major differences between the value added by industries of Flinders Council and Regional TAS were:

  • A larger percentage of value added by Agriculture, Forestry and Fishing (45.3% compared to 17.5%)
  • A larger percentage of value added by Electricity, Gas, Water and Waste Services (9.5% compared to 1.9%)
  • A smaller percentage of value added by Mining (0.1% compared to 7.7%)
  • A smaller percentage of value added by Health Care and Social Assistance (8.4% compared to 14.4%)

Change in value added by industry sector, 2012/13 to 2017/18
Change in value added by industry sector, 2012/13 to 2017/18 Agriculture, Forestry and Fishing, Flinders Council: +$5.8 million Mining, Flinders Council: 0 million Manufacturing, Flinders Council: +$0.4 million Electricity, Gas, Water and Waste Services, Flinders Council: +$0.9 million Construction, Flinders Council: -$0.2 million Wholesale Trade, Flinders Council: +$0.6 million Retail Trade, Flinders Council: +$0.4 million Accommodation and Food Services, Flinders Council: -$0.3 million Transport, Postal and Warehousing, Flinders Council: 0 million Information Media and Telecommunications, Flinders Council: +$0.6 million Financial and Insurance Services, Flinders Council: +$0.1 million Rental, Hiring and Real Estate Services, Flinders Council: 0 million Professional, Scientific and Technical Services, Flinders Council: -$0.1 million Administrative and Support Services, Flinders Council: -$0.6 million Public Administration and Safety, Flinders Council: -$0.5 million Education and Training, Flinders Council: 0 million Health Care and Social Assistance, Flinders Council: +$1.5 million Arts and Recreation Services, Flinders Council: -$0.3 million Other Services, Flinders Council: -$0.3 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts

Emerging groups

The total value added by industry in Flinders Council increased by 8.3 million between 2012/13 and 2017/18.

There were no major changes in the value added by industries between 2012/13 and 2017/18 in Flinders Council.

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