Lockyer Valley Regional Council

Value added

In the Lockyer Valley Regional Council, Agriculture, Forestry and Fishing most productive industry, generating $512 million in 2022/23.

Value added by industry is an indicator of business productivity in the Lockyer Valley Regional Council. 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 Lockyer Valley Regional Council’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
Lockyer Valley Regional Council2022/232017/18Change
Industry$m%. Queensland$m%. Queensland2017/18 - 2022/23
Agriculture, Forestry and Fishing511.725.43.6397.325.23.2+114.5
Mining182.09.018.5115.37.321.9+66.7
Manufacturing172.28.66.1133.58.56.8+38.7
Electricity, Gas, Water and Waste Services43.22.12.830.41.92.9+12.8
Construction243.912.17.9151.79.68.8+92.2
Wholesale Trade62.83.13.847.03.03.4+15.8
Retail Trade90.24.54.685.65.44.5+4.7
Accommodation and Food Services39.92.02.837.12.42.6+2.8
Transport, Postal and Warehousing124.96.25.9110.37.06.1+14.6
Information Media and Telecommunications10.60.51.54.40.31.3+6.2
Financial and Insurance Services26.21.35.624.51.65.3+1.6
Rental, Hiring and Real Estate Services28.71.43.226.51.72.9+2.2
Professional, Scientific and Technical Services44.12.26.845.42.96.1-1.3
Administrative and Support Services48.02.43.534.62.23.4+13.4
Public Administration and Safety76.93.85.768.74.45.2+8.2
Education and Training166.08.25.2150.29.55.2+15.8
Health Care and Social Assistance107.15.39.479.75.17.7+27.4
Arts and Recreation Services3.90.20.84.60.30.7-0.8
Other Services31.71.62.228.21.82.0+3.4
Total industries2,014.0100.0100.01,575.1100.0100.0+438.9

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 Lockyer Valley Regional Council in 2021/22 shows the three largest industries were:

  • Agriculture, Forestry and Fishing (512 million or 25.4%)
  • Construction (244 million or 12.1%)
  • Mining (182 million or 9.0%)

In combination these three industries accounted for 938 million in total or 46.6% of the total value added by industry in the the Lockyer Valley Regional Council.

In comparison, the same 3 industries in Queensland accounted for 3.6% in Agriculture, Forestry and Fishing; 7.9% in Construction and 18.5% in Mining.

The major differences between the value added by industries of the Lockyer Valley Regional Council and Queensland were:

  • A larger percentage of value added by Agriculture, Forestry and Fishing (25.4% compared to 3.6%)
  • A smaller percentage of value added by Mining (9.0% compared to 18.5%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (2.2% compared to 6.8%)
  • A smaller percentage of value added by Financial and Insurance Services (1.3% compared to 5.6%)

Emerging groups

The total value added by industry in the Lockyer Valley Regional Council $increased by 439 million between 2017/18 and 2022/23.

The largest changes in the value added by industries between 2017/18 and 2022/23 in the Lockyer Valley Regional Council were for:

  • Agriculture, Forestry and Fishing (+$114 million)
  • Construction (+$92 million)
  • Mining (+$67 million)
  • Manufacturing (+$39 million)

RDA Ipswich West Moreton

economic profile