Value added by industry is an indicator of business productivity in the City of Wanneroo. 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 Wanneroo’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.
National Economics (NIEIR) - Modelled series
|Value added by industry sector|
|City of Wanneroo||2020/21||2015/16||Change|
|Industry||$m||%||Western Australia||$m||%||Western Australia||2015/16 - 2020/21|
|Agriculture, Forestry and Fishing||146.0||2.6||2.2||150.2||2.7||2.2||-4.2|
|Electricity, Gas, Water and Waste Services||80.1||1.4||1.7||79.3||1.4||2.0||+0.8|
|Accommodation and Food Services||141.0||2.5||1.5||162.3||3.0||1.7||-21.3|
|Transport, Postal and Warehousing||192.1||3.4||3.3||217.5||4.0||4.0||-25.4|
|Information Media and Telecommunications||40.3||0.7||0.9||39.5||0.7||0.9||+0.8|
|Financial and Insurance Services||192.3||3.4||3.8||170.8||3.1||3.8||+21.5|
|Rental, Hiring and Real Estate Services||139.5||2.5||1.8||150.6||2.7||2.0||-11.1|
|Professional, Scientific and Technical Services||269.3||4.7||5.1||246.1||4.5||5.5||+23.3|
|Administrative and Support Services||167.2||2.9||2.1||186.1||3.4||2.4||-18.9|
|Public Administration and Safety||175.8||3.1||3.6||176.8||3.2||3.7||-1.0|
|Education and Training||555.5||9.8||3.4||402.2||7.3||3.5||+153.3|
|Health Care and Social Assistance||424.5||7.5||5.8||338.6||6.2||4.7||+85.9|
|Arts and Recreation Services||59.9||1.1||0.5||30.7||0.6||0.5||+29.2|
Source: National Institute of Economic and Industry Research (NIEIR) ©2021. 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 morePlease refer to specific data notes for more information
An analysis of the valued added by industry sectors in the City of Wanneroo in 2020/21 shows the three largest industries were:
- Manufacturing (817 million or 14.4%)
- Construction (730 million or 12.9%)
- Education and Training (555 million or 9.8%)
In combination these three industries accounted for 2,103 million in total or 37.1% of the total value added by industry in the the City of Wanneroo.
In comparison, the same 3 industries in Western Australia accounted for 5.5% in Manufacturing; 6.1% in Construction and 3.4% in Education and Training.
The major differences between the value added by industries of the City of Wanneroo and Western Australia were:
- A smaller percentage of value added by Mining (4.9% compared to 45.0%)
- A larger percentage of value added by Manufacturing (14.4% compared to 5.5%)
- A larger percentage of value added by Construction (12.9% compared to 6.1%)
- A larger percentage of value added by Wholesale Trade (9.3% compared to 2.6%)
The total value added by industry in the City of Wanneroo $increased by 190 million between 2015/16 and 2020/21.
The largest changes in the value added by industries between 2015/16 and 2020/21 in the City of Wanneroo were for:
- Wholesale Trade (+$241 million)
- Education and Training (+$153 million)
- Health Care and Social Assistance (+$86 million)
- Retail Trade (+$66 million)