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City of Parramatta

Value added

In the City of Parramatta, Financial and Insurance Services is the most productive industry, generating $5,621 million in 2017/18.

Value added by industry is an indicator of business productivity in City of Parramatta. 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 City of Parramatta’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
City of Parramatta - Constant prices2017/182012/13Change
Industry
(Click rows to view sub-categories)
$m%New South Wales%$m%New South Wales%2012/13 to 2017/18
Agriculture, Forestry and Fishing24.70.11.826.10.12.3-1.4
Mining43.70.22.113.30.12.1+30.4
Manufacturing2,250.29.66.62,285.011.17.8-34.8
Electricity, Gas, Water and Waste Services1,250.45.32.31,273.96.23.2-23.4
Construction1,937.78.38.21,171.15.77.9+766.7
Wholesale Trade1,340.95.75.01,222.05.94.9+118.8
Retail Trade747.93.25.3728.63.55.3+19.4
Accommodation and Food Services402.11.73.3315.51.53.1+86.6
Transport, Postal and Warehousing678.72.96.0896.54.46.7-217.8
Information Media and Telecommunications400.81.74.4422.72.14.0-21.8
Financial and Insurance Services5,620.724.014.94,847.923.514.1+772.9
Rental, Hiring and Real Estate Services694.13.04.4569.82.83.8+124.4
Professional, Scientific and Technical Services1,483.06.39.81,153.15.69.0+329.9
Administrative and Support Services1,004.14.34.3801.33.94.4+202.8
Public Administration and Safety2,346.810.05.72,007.19.75.8+339.7
Education and Training865.63.75.6675.03.35.5+190.6
Health Care and Social Assistance1,787.87.67.41,635.97.97.1+151.9
Arts and Recreation Services213.40.91.0177.60.90.9+35.7
Other Services346.81.51.9370.71.82.1-23.9

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, New South Wales: 1.8% Mining, New South Wales: 2.1% Manufacturing, New South Wales: 6.6% Electricity, Gas, Water and Waste Services, New South Wales: 2.3% Construction, New South Wales: 8.2% Wholesale Trade, New South Wales: 5.0% Retail Trade, New South Wales: 5.3% Accommodation and Food Services, New South Wales: 3.3% Transport, Postal and Warehousing, New South Wales: 6.0% Information Media and Telecommunications, New South Wales: 4.4% Financial and Insurance Services, New South Wales: 14.9% Rental, Hiring and Real Estate Services, New South Wales: 4.4% Professional, Scientific and Technical Services, New South Wales: 9.8% Administrative and Support Services, New South Wales: 4.3% Public Administration and Safety, New South Wales: 5.7% Education and Training, New South Wales: 5.6% Health Care and Social Assistance, New South Wales: 7.4% Arts and Recreation Services, New South Wales: 1.0% Other Services, New South Wales: 1.9% Agriculture, Forestry and Fishing, City of Parramatta: 0.1% Mining, City of Parramatta: 0.2% Manufacturing, City of Parramatta: 9.6% Electricity, Gas, Water and Waste Services, City of Parramatta: 5.3% Construction, City of Parramatta: 8.3% Wholesale Trade, City of Parramatta: 5.7% Retail Trade, City of Parramatta: 3.2% Accommodation and Food Services, City of Parramatta: 1.7% Transport, Postal and Warehousing, City of Parramatta: 2.9% Information Media and Telecommunications, City of Parramatta: 1.7% Financial and Insurance Services, City of Parramatta: 24.0% Rental, Hiring and Real Estate Services, City of Parramatta: 3.0% Professional, Scientific and Technical Services, City of Parramatta: 6.3% Administrative and Support Services, City of Parramatta: 4.3% Public Administration and Safety, City of Parramatta: 10.0% Education and Training, City of Parramatta: 3.7% Health Care and Social Assistance, City of Parramatta: 7.6% Arts and Recreation Services, City of Parramatta: 0.9% Other Services, City of Parramatta: 1.5%
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 City of Parramatta in 2017/18 shows the three largest industries were:

  • Financial and Insurance Services ($5,621 million or 24.0%)
  • Public Administration and Safety ($2,347 million or 10.0%)
  • Manufacturing ($2,250 million or 9.6%)

In combination these three industries accounted for $10,218 million in total or 43.6% of the total value added by industry in the City of Parramatta.

In comparison, the same 3 industries in New South Wales accounted for 14.9% in Financial and Insurance Services; 5.7% in Public Administration and Safety; and 6.6% in Manufacturing.

The major differences between the value added by industries of the City of Parramatta and New South Wales were:

  • A larger percentage of value added by Financial and Insurance Services (24.0% compared to 14.9%)
  • A larger percentage of value added by Public Administration and Safety (10.0% compared to 5.7%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (6.3% compared to 9.8%)
  • A smaller percentage of value added by Transport, Postal and Warehousing (2.9% compared to 6.0%)

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, City of Parramatta: -$1.4 million Mining, City of Parramatta: +$30.4 million Manufacturing, City of Parramatta: -$34.8 million Electricity, Gas, Water and Waste Services, City of Parramatta: -$23.4 million Construction, City of Parramatta: +$766.7 million Wholesale Trade, City of Parramatta: +$118.8 million Retail Trade, City of Parramatta: +$19.4 million Accommodation and Food Services, City of Parramatta: +$86.6 million Transport, Postal and Warehousing, City of Parramatta: -$217.8 million Information Media and Telecommunications, City of Parramatta: -$21.8 million Financial and Insurance Services, City of Parramatta: +$772.9 million Rental, Hiring and Real Estate Services, City of Parramatta: +$124.4 million Professional, Scientific and Technical Services, City of Parramatta: +$329.9 million Administrative and Support Services, City of Parramatta: +$202.8 million Public Administration and Safety, City of Parramatta: +$339.7 million Education and Training, City of Parramatta: +$190.6 million Health Care and Social Assistance, City of Parramatta: +$151.9 million Arts and Recreation Services, City of Parramatta: +$35.7 million Other Services, City of Parramatta: -$23.9 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 the City of Parramatta increased by 2,846.5 million between 2012/13 and 2017/18.

The largest changes in the value added by industries between 2012/13 and 2017/18 in the City of Parramatta were for:

  • Financial and Insurance Services (+$773 million)
  • Construction (+$767 million)
  • Public Administration and Safety (+$340 million)
  • Professional, Scientific and Technical Services (+$330 million)

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