City of Parramatta

Value added

In the City of Parramatta, Financial and Insurance Services most productive industry, generating $2,984 million in 2021/22.

Value added by industry is an indicator of business productivity in the 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 the 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 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
City of Parramatta2021/222016/17Change
Industry$m%. New South Wales$m%. New South Wales2016/17 - 2021/22
Agriculture, Forestry and Fishing23.60.12.433.20.12.4-9.6
Mining2.40.01.718.10.12.3-15.7
Manufacturing2,393.79.76.52,392.910.26.8+0.8
Electricity, Gas, Water and Waste Services1,530.26.22.21,131.24.82.4+398.9
Construction2,189.58.98.62,007.38.59.1+182.2
Wholesale Trade1,478.86.05.51,620.26.95.6-141.5
Retail Trade938.63.85.4860.83.75.4+77.7
Accommodation and Food Services342.81.42.5367.01.63.0-24.3
Transport, Postal and Warehousing915.73.75.7985.84.26.7-70.1
Information Media and Telecommunications421.81.74.0323.41.43.3+98.3
Financial and Insurance Services2,983.812.212.64,781.020.312.7-1,797.1
Rental, Hiring and Real Estate Services1,048.14.34.5930.34.04.6+117.8
Professional, Scientific and Technical Services1,806.47.411.11,423.86.09.6+382.6
Administrative and Support Services1,186.64.85.01,069.44.54.6+117.1
Public Administration and Safety2,919.511.95.42,129.89.05.2+789.6
Education and Training1,343.95.55.9951.44.06.0+392.5
Health Care and Social Assistance2,396.59.88.61,861.17.97.3+535.4
Arts and Recreation Services204.90.80.8207.40.90.9-2.5
Other Services429.91.81.7455.91.92.1-26.0
Total industries24,556.4100.0100.023,550.2100.0100.0+1,006.2

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 the City of Parramatta in 2021/22 shows the three largest industries were:

  • Financial and Insurance Services (2,984 million or 12.2%)
  • Public Administration and Safety (2,919 million or 11.9%)
  • Health Care and Social Assistance (2,397 million or 9.8%)

In combination these three industries accounted for 8,300 million in total or 33.8% of the total value added by industry in the the City of Parramatta.

In comparison, the same 3 industries in New South Wales accounted for 12.6% in Financial and Insurance Services; 5.4% in Public Administration and Safety and 8.6% in Health Care and Social Assistance.

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 Public Administration and Safety (11.9% compared to 5.4%)
  • A larger percentage of value added by Electricity, Gas, Water and Waste Services (6.2% compared to 2.2%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (7.4% compared to 11.1%)
  • A larger percentage of value added by Manufacturing (9.7% compared to 6.5%)

Emerging groups

The total value added by industry in the City of Parramatta $increased by 1,006 million between 2016/17 and 2021/22.

The largest changes in the value added by industries between 2016/17 and 2021/22 in the City of Parramatta were for:

  • Public Administration and Safety (+$790 million)
  • Health Care and Social Assistance (+$535 million)
  • Electricity, Gas, Water and Waste Services (+$399 million)
  • Education and Training (+$393 million)

City of Parramatta

economic profile