Northern Tasmania Region

economic profile

northern-tasmania logo

Flinders Council

Value added

In the Flinders Council, Agriculture, Forestry and Fishing most productive industry, generating $33 million in 2018/19.

Value added by industry is an indicator of business productivity in the Flinders Council. 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 Flinders Council’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 area:
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.
reset
export
  • Excel
  • Excel full
  • Word
  • Word full
Value added by industry sector
Flinders Council2018/192013/14Change
Industry$m%. Tasmania$m%. Tasmania2013/14 - 2018/19
Agriculture, Forestry and Fishing32.750.212.121.340.410.6+11.4
Mining0.00.03.70.00.04.9+0.0
Manufacturing1.01.66.91.12.08.1+0.0
Electricity, Gas, Water and Waste Services1.21.93.55.811.04.3-4.6
Construction4.87.47.85.610.66.7-0.8
Wholesale Trade2.43.63.51.83.43.8+0.6
Retail Trade1.72.65.41.42.75.4+0.3
Accommodation and Food Services1.11.73.00.91.83.0+0.2
Transport, Postal and Warehousing5.07.64.62.14.04.5+2.9
Information Media and Telecommunications0.50.74.20.30.63.6+0.2
Financial and Insurance Services1.11.66.51.12.16.7-0.1
Rental, Hiring and Real Estate Services0.40.72.00.20.41.8+0.2
Professional, Scientific and Technical Services0.30.43.40.30.63.3-0.1
Administrative and Support Services1.82.72.01.32.52.0+0.5
Public Administration and Safety2.64.06.63.15.97.3-0.5
Education and Training1.92.97.01.73.37.3+0.1
Health Care and Social Assistance5.17.814.63.26.013.5+1.9
Arts and Recreation Services0.50.81.20.40.81.2+0.1
Other Services1.11.71.91.01.82.0+0.1
Total industries65.0100.0100.052.8100.0100.0+12.3

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. Compiled and presented in economy.id by .id the population experts. 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 the Flinders Council in 2018/19 shows the three largest industries were:

  • Agriculture, Forestry and Fishing (33 million or 50.2%)
  • Health Care and Social Assistance (5 million or 7.8%)
  • Transport, Postal and Warehousing (5 million or 7.6%)

In combination these three industries accounted for 43 million in total or 65.6% of the total value added by industry in the the Flinders Council.

In comparison, the same 3 industries in Tasmania accounted for 12.1% in Agriculture, Forestry and Fishing; 14.6% in Health Care and Social Assistance and 4.6% in Transport, Postal and Warehousing.

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

  • A larger percentage of value added by Agriculture, Forestry and Fishing (50.2% compared to 12.1%)
  • A smaller percentage of value added by Health Care and Social Assistance (7.8% compared to 14.6%)
  • A smaller percentage of value added by Manufacturing (1.6% compared to 6.9%)
  • A smaller percentage of value added by Financial and Insurance Services (1.6% compared to 6.5%)

Emerging groups

The total value added by industry in the Flinders Council $increased by 12 million between 2013/14 and 2018/19.

The largest changes in the value added by industries between 2013/14 and 2018/19 in the Flinders Council were for:

  • Agriculture, Forestry and Fishing (+$11 million)
  • Transport, Postal and Warehousing (+$3 million)
  • Health Care and Social Assistance (+$2 million)
  • Wholesale Trade (+$1 million)

To continue building your economic story go to...

Northern Tasmania Region

economic profile