Value added by industry is an indicator of business productivity in RDA South Australia. 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 RDA South Australia’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 area:
Current benchmark:
Comparison year:
Value added by industry sector | |||||||||
---|---|---|---|---|---|---|---|---|---|
RDA South Australia | 2022/23 | 2017/18 | Change | ||||||
Industry | $m | % | South Australia | $m | % | South Australia | 2017/18 - 2022/23 | ||
Agriculture, Forestry and Fishing | 7,724.0 | 6.8 | 6.8 | 6,499.6 | 6.6 | 6.6 | +1,224.4 | ||
Mining | 6,175.5 | 5.4 | 5.4 | 5,580.5 | 5.7 | 5.7 | +595.0 | ||
Manufacturing | 7,714.0 | 6.8 | 6.8 | 7,745.0 | 7.9 | 7.9 | -31.0 | ||
Electricity, Gas, Water and Waste Services | 3,777.9 | 3.3 | 3.3 | 3,729.0 | 3.8 | 3.8 | +48.9 | ||
Construction | 9,323.4 | 8.2 | 8.2 | 8,217.6 | 8.4 | 8.4 | +1,105.9 | ||
Wholesale Trade | 5,764.9 | 5.1 | 5.1 | 5,020.1 | 5.1 | 5.1 | +744.8 | ||
Retail Trade | 6,271.8 | 5.5 | 5.5 | 5,827.1 | 5.9 | 5.9 | +444.8 | ||
Accommodation and Food Services | 3,572.3 | 3.1 | 3.1 | 2,966.1 | 3.0 | 3.0 | +606.3 | ||
Transport, Postal and Warehousing | 5,554.5 | 4.9 | 4.9 | 4,804.2 | 4.9 | 4.9 | +750.3 | ||
Information Media and Telecommunications | 2,406.0 | 2.1 | 2.1 | 1,984.2 | 2.0 | 2.0 | +421.7 | ||
Financial and Insurance Services | 8,936.2 | 7.9 | 7.9 | 7,450.2 | 7.6 | 7.6 | +1,486.0 | ||
Rental, Hiring and Real Estate Services | 2,997.4 | 2.6 | 2.6 | 2,651.4 | 2.7 | 2.7 | +346.1 | ||
Professional, Scientific and Technical Services | 7,258.4 | 6.4 | 6.4 | 5,709.6 | 5.8 | 5.8 | +1,548.8 | ||
Administrative and Support Services | 4,006.1 | 3.5 | 3.5 | 3,220.1 | 3.3 | 3.3 | +786.1 | ||
Public Administration and Safety | 7,214.0 | 6.3 | 6.3 | 6,396.3 | 6.5 | 6.5 | +817.7 | ||
Education and Training | 7,398.0 | 6.5 | 6.5 | 6,737.1 | 6.8 | 6.8 | +660.9 | ||
Health Care and Social Assistance | 14,114.4 | 12.4 | 12.4 | 10,840.8 | 11.0 | 11.0 | +3,273.6 | ||
Arts and Recreation Services | 915.5 | 0.8 | 0.8 | 669.0 | 0.7 | 0.7 | +246.5 | ||
Other Services | 2,583.4 | 2.3 | 2.3 | 2,343.9 | 2.4 | 2.4 | +239.4 | ||
Total industries | 113,707.9 | 100.0 | 100.0 | 98,391.7 | 100.0 | 100.0 | +15,316.2 | ||
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 |
Dominant groups
An analysis of the valued added by industry sectors in RDA South Australia in 2021/22 shows the three largest industries were:
- Health Care and Social Assistance (14,114 million or 12.4%)
- Construction (9,323 million or 8.2%)
- Financial and Insurance Services (8,936 million or 7.9%)
In combination these three industries accounted for 32,374 million in total or 28.5% of the total value added by industry in the RDA South Australia.
In comparison, the same 3 industries in South Australia accounted for 12.4% in Health Care and Social Assistance; 8.2% in Construction and 7.9% in Financial and Insurance Services.
The major differences between the value added by industries of RDA South Australia and South Australia were:
- A smaller percentage of value added by Other Services (2.3% compared to 2.3%)
- A smaller percentage of value added by Arts and Recreation Services (0.8% compared to 0.8%)
- A smaller percentage of value added by Health Care and Social Assistance (12.4% compared to 12.4%)
- A smaller percentage of value added by Education and Training (6.5% compared to 6.5%)
Emerging groups
The total value added by industry in RDA South Australia $increased by 15,316 million between 2017/18 and 2022/23.
The largest changes in the value added by industries between 2017/18 and 2022/23 in RDA South Australia were for:
- Health Care and Social Assistance (+$3,274 million)
- Professional, Scientific and Technical Services (+$1,549 million)
- Financial and Insurance Services (+$1,486 million)
- Agriculture, Forestry and Fishing (+$1,224 million)