Parkes ShireEconomic profile
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Parkes Shire

Tourism and hospitality value

In 2017/18 , the total tourism and hospitality sales in Parkes Shire was $56.6m, the total value added was $28.0m.

Tourism and hospitality are key industries and major contributors to Australia’s economy. However it has not been well represented in economic profiles in the past, because it actually includes parts of many different traditional industries.

The Australian Bureau of Statistics publish the “Tourism Satellite Account” which is a separate set of national accounts which look at the value and contribution of tourism in the national economy.

This dataset presents National Economics microsimulation model of the tourism satellite account at the local level, showing the value of total sales and value add, as well as annual estimates of employment and FTE employment for the tourism sector.

Understanding the current role of your tourism sector is important if you are looking at attracting visitors to your area, and as information for businesses looking to locate in the area.Tourism data should be viewed in conjunction with broader industry data in the Value added, Output and Employment by industry (Total) topics, as well as tourism Workforce characteristics.

National Economics (NIEIR) - Modelled series

Value of tourism and hospitality
Parkes Shire2017/182012/13Change
MeasureParkes Shire% of total industryNew South Wales%Parkes Shire as a % of New South WalesParkes Shire% of total industryNew South Wales%Parkes Shire as a % of New South Wales2013 to 2018
Employment (total)------------------
Direct2564.04.90.12554.04.50.21
Indirect721.11.80.1721.11.70.10
Total3285.16.70.13275.26.20.11
Employment (FTE)------------------
Direct1973.94.30.11733.14.00.124
Indirect861.72.30.1751.42.20.110
Total2835.56.60.12484.56.20.135
Output/Sales ($m)------------------
Direct34.32.13.10.128.51.92.60.15.8
Indirect22.31.42.20.118.51.21.90.13.8
Total56.63.55.30.147.03.14.50.19.6
Value added ($m)------------------
Direct17.32.23.60.115.62.33.20.11.7
Indirect10.71.42.60.19.61.42.40.11.1
Total28.03.66.30.125.33.75.60.12.8

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Data is based on 2016-17 constant prices for all years. NIEIR data are inflation adjusted each year to allow direct comparison, and new data releases normally adjust previous years’ figures to a new base year.

Value of tourism and hospitality 2017/18
Value of tourism and hospitality 2017/18 Employment (total), New South Wales: 6.7% Employment (FTE), New South Wales: 6.6% Output/Sales, New South Wales: 5.3% Value added, New South Wales: 6.3% Employment (total), Parkes Shire: 5.1% Employment (FTE), Parkes Shire: 5.5% Output/Sales, Parkes Shire: 3.5% Value added, Parkes Shire: 3.6%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Value of tourism and hospitality
Value of tourism and hospitality Value added - Indirect: $10.68 million Value added - Direct: $17.33 million Output/Sales - Indirect: $22.31 million Output/Sales - Direct: $34.29 million Value added - Indirect: $10.44 million Value added - Direct: $16.95 million Output/Sales - Indirect: $21.71 million Output/Sales - Direct: $33.36 million Value added - Indirect: $10.13 million Value added - Direct: $16.45 million Output/Sales - Indirect: $20.52 million Output/Sales - Direct: $31.53 million Value added - Indirect: $9.79 million Value added - Direct: $15.89 million Output/Sales - Indirect: $20.02 million Output/Sales - Direct: $30.77 million Value added - Indirect: $9.62 million Value added - Direct: $15.61 million Output/Sales - Indirect: $18.90 million Output/Sales - Direct: $29.05 million Value added - Indirect: $9.63 million Value added - Direct: $15.63 million Output/Sales - Indirect: $18.52 million Output/Sales - Direct: $28.46 million Value added - Indirect: $9.61 million Value added - Direct: $15.61 million Output/Sales - Indirect: $18.79 million Output/Sales - Direct: $28.87 million Value added - Indirect: $10.07 million Value added - Direct: $16.34 million Output/Sales - Indirect: $20.15 million Output/Sales - Direct: $30.97 million Value added - Indirect: $10.02 million Value added - Direct: $16.27 million Output/Sales - Indirect: $20.12 million Output/Sales - Direct: $30.92 million Value added - Indirect: $10.55 million Value added - Direct: $17.12 million Output/Sales - Indirect: $21.32 million Output/Sales - Direct: $32.76 million Value added - Indirect: $11.22 million Value added - Direct: $18.22 million Output/Sales - Indirect: $23.41 million Output/Sales - Direct: $35.97 million Value added - Indirect: $11.66 million Value added - Direct: $18.93 million Output/Sales - Indirect: $24.75 million Output/Sales - Direct: $38.03 million Value added - Indirect: $11.89 million Value added - Direct: $19.30 million Output/Sales - Indirect: $25.55 million Output/Sales - Direct: $39.26 million Value added - Indirect: $12.00 million Value added - Direct: $19.48 million Output/Sales - Indirect: $25.92 million Output/Sales - Direct: $39.83 million Value added - Indirect: $11.86 million Value added - Direct: $19.25 million Output/Sales - Indirect: $25.02 million Output/Sales - Direct: $38.45 million Value added - Indirect: $12.81 million Value added - Direct: $20.79 million Output/Sales - Indirect: $27.13 million Output/Sales - Direct: $41.69 million Value added - Indirect: $13.57 million Value added - Direct: $22.02 million Output/Sales - Indirect: $29.24 million Output/Sales - Direct: $44.94 million Value added - Indirect: $13.47 million Value added - Direct: $21.86 million Output/Sales - Indirect: $29.36 million Output/Sales - Direct: $45.11 million Value added - Indirect: $12.53 million Value added - Direct: $20.34 million Output/Sales - Indirect: $27.84 million Output/Sales - Direct: $42.79 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Tourism and hospitality employment
Tourism and hospitality employment Employment (total) - Indirect: 72 people Employment (total) - Direct: 256 people Employment (FTE) - Indirect: 86 people Employment (FTE) - Direct: 197 people Employment (total) - Indirect: 71 people Employment (total) - Direct: 252 people Employment (FTE) - Indirect: 84 people Employment (FTE) - Direct: 194 people Employment (total) - Indirect: 72 people Employment (total) - Direct: 254 people Employment (FTE) - Indirect: 85 people Employment (FTE) - Direct: 196 people Employment (total) - Indirect: 73 people Employment (total) - Direct: 257 people Employment (FTE) - Indirect: 84 people Employment (FTE) - Direct: 194 people Employment (total) - Indirect: 73 people Employment (total) - Direct: 258 people Employment (FTE) - Indirect: 80 people Employment (FTE) - Direct: 184 people Employment (total) - Indirect: 72 people Employment (total) - Direct: 255 people Employment (FTE) - Indirect: 75 people Employment (FTE) - Direct: 173 people Employment (total) - Indirect: 73 people Employment (total) - Direct: 259 people Employment (FTE) - Indirect: 72 people Employment (FTE) - Direct: 167 people Employment (total) - Indirect: 79 people Employment (total) - Direct: 278 people Employment (FTE) - Indirect: 78 people Employment (FTE) - Direct: 179 people Employment (total) - Indirect: 75 people Employment (total) - Direct: 267 people Employment (FTE) - Indirect: 75 people Employment (FTE) - Direct: 174 people Employment (total) - Indirect: 75 people Employment (total) - Direct: 267 people Employment (FTE) - Indirect: 78 people Employment (FTE) - Direct: 179 people Employment (total) - Indirect: 78 people Employment (total) - Direct: 276 people Employment (FTE) - Indirect: 81 people Employment (FTE) - Direct: 187 people Employment (total) - Indirect: 79 people Employment (total) - Direct: 280 people Employment (FTE) - Indirect: 84 people Employment (FTE) - Direct: 193 people Employment (total) - Indirect: 80 people Employment (total) - Direct: 282 people Employment (FTE) - Indirect: 85 people Employment (FTE) - Direct: 195 people Employment (total) - Indirect: 78 people Employment (total) - Direct: 275 people Employment (FTE) - Indirect: 83 people Employment (FTE) - Direct: 191 people Employment (total) - Indirect: 74 people Employment (total) - Direct: 261 people Employment (FTE) - Indirect: 80 people Employment (FTE) - Direct: 185 people Employment (total) - Indirect: 74 people Employment (total) - Direct: 260 people Employment (FTE) - Indirect: 81 people Employment (FTE) - Direct: 186 people Employment (total) - Indirect: 77 people Employment (total) - Direct: 272 people Employment (FTE) - Indirect: 84 people Employment (FTE) - Direct: 195 people Employment (total) - Indirect: 76 people Employment (total) - Direct: 269 people Employment (FTE) - Indirect: 85 people Employment (FTE) - Direct: 195 people Employment (total) - Indirect: 74 people Employment (total) - Direct: 260 people Employment (FTE) - Indirect: 84 people Employment (FTE) - Direct: 193 people
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
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