Riverina and Murray Region

Value added

In the Riverina and Murray Region, Agriculture, Forestry and Fishing most productive industry, generating $1,790 million in 2021/22.

Value added by industry is an indicator of business productivity in the Riverina and Murray Region. 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 Riverina and Murray Region’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

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Value added by industry sector
Riverina and Murray Region2021/222016/17Change
Industry$m%. New South Wales$m%. New South Wales2016/17 - 2021/22
Agriculture, Forestry and Fishing1,790.021.72.41,695.522.02.4+94.5
Mining18.40.21.713.50.22.3+4.8
Manufacturing880.110.76.5912.111.86.8-32.0
Electricity, Gas, Water and Waste Services306.63.72.2247.73.22.4+58.9
Construction736.88.98.6682.28.89.1+54.6
Wholesale Trade387.64.75.5314.14.15.6+73.5
Retail Trade434.65.35.4511.76.65.4-77.1
Accommodation and Food Services247.33.02.5312.44.03.0-65.2
Transport, Postal and Warehousing416.75.15.7429.25.66.7-12.5
Information Media and Telecommunications99.41.24.050.00.63.3+49.4
Financial and Insurance Services237.02.912.6241.33.112.7-4.3
Rental, Hiring and Real Estate Services182.62.24.5170.22.24.6+12.4
Professional, Scientific and Technical Services266.43.211.1242.93.19.6+23.6
Administrative and Support Services213.52.65.0185.32.44.6+28.3
Public Administration and Safety505.36.15.4392.15.15.2+113.2
Education and Training488.95.95.9491.06.46.0-2.0
Health Care and Social Assistance867.110.58.6608.57.97.3+258.7
Arts and Recreation Services27.30.30.856.20.70.9-28.9
Other Services143.41.71.7165.52.12.1-22.1
Total industries8,249.1100.0100.07,721.4100.0100.0+527.7

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
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Dominant groups

An analysis of the valued added by industry sectors in the Riverina and Murray Region in 2021/22 shows the three largest industries were:

  • Agriculture, Forestry and Fishing (1,790 million or 21.7%)
  • Manufacturing (880 million or 10.7%)
  • Health Care and Social Assistance (867 million or 10.5%)

In combination these three industries accounted for 3,537 million in total or 42.9% of the total value added by industry in the the Riverina and Murray Region.

In comparison, the same 3 industries in New South Wales accounted for 2.4% in Agriculture, Forestry and Fishing; 6.5% in Manufacturing and 8.6% in Health Care and Social Assistance.

The major differences between the value added by industries of the Riverina and Murray Region and New South Wales were:

  • A larger percentage of value added by Agriculture, Forestry and Fishing (21.7% compared to 2.4%)
  • A smaller percentage of value added by Financial and Insurance Services (2.9% compared to 12.6%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (3.2% compared to 11.1%)
  • A larger percentage of value added by Manufacturing (10.7% compared to 6.5%)

Emerging groups

The total value added by industry in the Riverina and Murray Region $increased by 528 million between 2016/17 and 2021/22.

The largest changes in the value added by industries between 2016/17 and 2021/22 in the Riverina and Murray Region were for:

  • Health Care and Social Assistance (+$259 million)
  • Public Administration and Safety (+$113 million)
  • Agriculture, Forestry and Fishing (+$94 million)
  • Wholesale Trade (+$74 million)

Riverina and Murray Joint Organisation

economic profile