Paroo Shire

Value added

In Paroo Shire, Agriculture, Forestry and Fishing most productive industry, generating $46 million in 2022/23.

Value added by industry is an indicator of business productivity in Paroo Shire. 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 Paroo Shire’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 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.
Value added by industry sector
Paroo Shire2022/232017/18Change
Industry$m%. Queensland$m%. Queensland2017/18 - 2022/23
Agriculture, Forestry and Fishing45.750.73.650.352.33.2-4.6
Mining4.85.418.58.08.321.9-3.2
Manufacturing0.70.76.10.70.86.8-0.1
Electricity, Gas, Water and Waste Services1.92.12.81.21.22.9+0.7
Construction5.66.27.96.46.78.8-0.8
Wholesale Trade0.50.63.80.70.83.4-0.2
Retail Trade2.12.34.63.43.64.5-1.4
Accommodation and Food Services2.73.02.81.92.02.6+0.8
Transport, Postal and Warehousing0.91.05.92.02.16.1-1.1
Information Media and Telecommunications001.5001.3--
Financial and Insurance Services0.70.75.6005.3+0.7
Rental, Hiring and Real Estate Services003.2002.9--
Professional, Scientific and Technical Services0.80.96.80.50.56.1+0.3
Administrative and Support Services2.73.03.51.61.63.4+1.1
Public Administration and Safety9.810.85.78.58.85.2+1.3
Education and Training2.62.85.23.53.75.2-1.0
Health Care and Social Assistance6.77.49.44.95.17.7+1.8
Arts and Recreation Services0.91.00.81.51.50.7-0.6
Other Services1.21.32.21.11.12.0+0.1
Total industries90.2100.0100.096.3100.0100.0-6.1

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.
loading animation
loading animation

Dominant groups

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

  • Agriculture, Forestry and Fishing (46 million or 50.7%)
  • Public Administration and Safety (10 million or 10.8%)
  • Health Care and Social Assistance (7 million or 7.4%)

In combination these three industries accounted for 62 million in total or 68.9% of the total value added by industry in the Paroo Shire.

In comparison, the same 3 industries in Queensland accounted for 3.6% in Agriculture, Forestry and Fishing; 5.7% in Public Administration and Safety and 9.4% in Health Care and Social Assistance.

The major differences between the value added by industries of Paroo Shire and Queensland were:

  • A larger percentage of value added by Agriculture, Forestry and Fishing (50.7% compared to 3.6%)
  • A smaller percentage of value added by Mining (5.4% compared to 18.5%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (0.9% compared to 6.8%)
  • A smaller percentage of value added by Manufacturing (0.7% compared to 6.1%)

Emerging groups

The total value added by industry in Paroo Shire $decreased by -6 million between 2017/18 and 2022/23.

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

  • Health Care and Social Assistance (+$2 million)
  • Public Administration and Safety (+$1 million)
  • Administrative and Support Services (+$1 million)
  • Accommodation and Food Services (+$1 million)

Paroo Shire

economic profile