Port Macquarie-Hastings Council

economic profile

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Port Macquarie-Hastings Council area

Output

In Port Macquarie-Hastings Council area, Construction had the largest output by industry, generating $1,362 million in 2020/21.

Output by industry is a gross measure of the total sales of each industry sector in Port Macquarie-Hastings Council area. It does not measure how productive each industry sector is at producing this output - which is measured by value added.

By comparing the output of each industry sector to a regional benchmark, you can clearly see the structure of Port Macquarie-Hastings Council area’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 get the full picture how each industry sector contributes to the regional or state economy, output data should be viewed alongside the other industry characteristics in the Industry sector analysis section.

Detailed data notes about how the figures are derived can be found in the specific topic notes section.

The gross measure of output includes the value of all the inputs to each industry.

Data source

National Economics (NIEIR) - Modelled series

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Output by industry sector
Port Macquarie-Hastings Council area2020/212015/16Change
Industry$m%. New South Wales$m%. New South Wales2015/16 - 2020/21
Agriculture, Forestry and Fishing227.23.02.4194.62.82.3+32.6
Mining24.30.32.735.80.53.7-11.4
Manufacturing365.24.89.9396.85.810.1-31.6
Electricity, Gas, Water and Waste Services1,309.117.42.5956.613.92.8+352.5
Construction1,361.818.111.91,102.616.011.6+259.2
Wholesale Trade155.72.14.6189.32.84.4-33.6
Retail Trade333.64.43.9360.15.23.8-26.5
Accommodation and Food Services301.04.02.7321.94.73.0-20.9
Transport, Postal and Warehousing255.23.45.2294.94.35.8-39.7
Information Media and Telecommunications85.41.14.366.71.03.5+18.7
Financial and Insurance Services225.43.010.1237.23.410.2-11.8
Rental, Hiring and Real Estate Services729.59.710.9840.512.211.4-111.0
Professional, Scientific and Technical Services262.93.59.3274.24.08.3-11.3
Administrative and Support Services240.53.23.2249.63.63.6-9.2
Public Administration and Safety224.53.04.2203.33.03.9+21.2
Education and Training411.85.53.8356.35.23.8+55.5
Health Care and Social Assistance723.49.65.5578.98.44.7+144.5
Arts and Recreation Services35.30.51.146.80.71.1-11.6
Other Services266.33.51.9168.72.51.9+97.6
Total industries7,538.2100.0100.06,874.8100.0100.0+663.4

Source: National Institute of Economic and Industry Research (NIEIR) ©2021. Compiled and presented in economy.id by .id (informed decisions). Data are based on a 2019/20 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

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.

Dominant groups

An analysis of the output by industry sectors in Port Macquarie-Hastings Council area in 2020/21 shows the three largest industries were:

  • Construction ($1,362 million or 18.1%)
  • Electricity, Gas, Water and Waste Services ($1,309 million or 17.4%)
  • Rental, Hiring and Real Estate Services ($730 million or 9.7%)

In combination these three industries accounted for $3,400 million in total or 45.1% of the total output by total industry in the Port Macquarie-Hastings Council area.

In comparison, the same 3 industries in New South Wales accounted for 11.9% in Construction; 2.5% in Electricity, Gas, Water and Waste Services and 10.9% in Rental, Hiring and Real Estate Services.

The major differences between output by industries of Port Macquarie-Hastings Council area and New South Wales were:

  • A larger percentage of output by Electricity, Gas, Water and Waste Services (17.4% compared to 2.5%)
  • A smaller percentage of output by Financial and Insurance Services (3.0% compared to 10.1%)
  • A larger percentage of output by Construction (18.1% compared to 11.9%)
  • A smaller percentage of output by Professional, Scientific and Technical Services (3.5% compared to 9.3%)

Emerging groups

The total industry output in Port Macquarie-Hastings Council area increased by $663 million between 2015/16 and 2020/21.

The largest changes in the output by industries between 2015/16 and 2020/21 in Port Macquarie-Hastings Council area were for:

  • Electricity, Gas, Water and Waste Services (+$353 million)
  • Construction (+$259 million)
  • Health Care and Social Assistance (+$145 million)
  • Other Services (+$98 million)

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Port Macquarie-Hastings Council

economic profile