Waverley Local Government Area (LGA)Economic profile
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Waverley Council area

Value added

In Waverley Council area, Professional, Scientific and Technical Services is the most productive industry, generating $413 million in 2017/18.

Value added by industry is an indicator of business productivity in Waverley Council area. 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 Waverley 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 see what contribution each industry makes to the state or region, see the Industry sector analysis section. 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

Did you know? By clicking/tapping on a data row in the table you will be able to see sub categories.
Value added by industry sector
Waverley Council area - Constant prices2017/182012/13Change
Industry
(Click rows to view sub-categories)
$m%New South Wales%$m%New South Wales%2012/13 to 2017/18
Agriculture, Forestry and Fishing2.50.11.86.50.22.3-4.0
Mining10.80.32.13.20.12.1+7.6
Manufacturing71.32.26.657.92.17.8+13.4
Electricity, Gas, Water and Waste Services49.01.52.331.91.23.2+17.0
Construction166.15.08.2158.75.97.9+7.4
Wholesale Trade97.02.95.086.23.24.9+10.8
Retail Trade402.312.25.3299.211.15.3+103.1
Accommodation and Food Services221.36.73.3178.16.63.1+43.2
Transport, Postal and Warehousing84.02.66.055.82.16.7+28.2
Information Media and Telecommunications93.12.84.474.52.84.0+18.6
Financial and Insurance Services302.69.214.9271.110.014.1+31.5
Rental, Hiring and Real Estate Services316.19.64.4203.27.53.8+112.9
Professional, Scientific and Technical Services412.812.59.8335.812.49.0+77.0
Administrative and Support Services263.48.04.3262.49.74.4+1.1
Public Administration and Safety134.94.15.7107.94.05.8+26.9
Education and Training195.25.95.6167.66.25.5+27.6
Health Care and Social Assistance286.08.77.4248.99.27.1+37.1
Arts and Recreation Services60.51.81.063.72.40.9-3.1
Other Services124.63.81.994.83.52.1+29.8

Source: National Institute of Economic and Industry Research (NIEIR) ©2018. Compiled and presented in economy.id by .id , the population experts.

Data are based on a 2016-17 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

Value added by industry sector 2017/18
Value added by industry sector 2017/18 Agriculture, Forestry and Fishing, New South Wales: 1.8% Mining, New South Wales: 2.1% Manufacturing, New South Wales: 6.6% Electricity, Gas, Water and Waste Services, New South Wales: 2.3% Construction, New South Wales: 8.2% Wholesale Trade, New South Wales: 5.0% Retail Trade, New South Wales: 5.3% Accommodation and Food Services, New South Wales: 3.3% Transport, Postal and Warehousing, New South Wales: 6.0% Information Media and Telecommunications, New South Wales: 4.4% Financial and Insurance Services, New South Wales: 14.9% Rental, Hiring and Real Estate Services, New South Wales: 4.4% Professional, Scientific and Technical Services, New South Wales: 9.8% Administrative and Support Services, New South Wales: 4.3% Public Administration and Safety, New South Wales: 5.7% Education and Training, New South Wales: 5.6% Health Care and Social Assistance, New South Wales: 7.4% Arts and Recreation Services, New South Wales: 1.0% Other Services, New South Wales: 1.9% Agriculture, Forestry and Fishing, Waverley Council area: 0.1% Mining, Waverley Council area: 0.3% Manufacturing, Waverley Council area: 2.2% Electricity, Gas, Water and Waste Services, Waverley Council area: 1.5% Construction, Waverley Council area: 5.0% Wholesale Trade, Waverley Council area: 2.9% Retail Trade, Waverley Council area: 12.2% Accommodation and Food Services, Waverley Council area: 6.7% Transport, Postal and Warehousing, Waverley Council area: 2.6% Information Media and Telecommunications, Waverley Council area: 2.8% Financial and Insurance Services, Waverley Council area: 9.2% Rental, Hiring and Real Estate Services, Waverley Council area: 9.6% Professional, Scientific and Technical Services, Waverley Council area: 12.5% Administrative and Support Services, Waverley Council area: 8.0% Public Administration and Safety, Waverley Council area: 4.1% Education and Training, Waverley Council area: 5.9% Health Care and Social Assistance, Waverley Council area: 8.7% Arts and Recreation Services, Waverley Council area: 1.8% Other Services, Waverley Council area: 3.8%
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the valued added by industry sectors in Waverley Council area in 2017/18 shows the three largest industries were:

  • Professional, Scientific and Technical Services ($413 million or 12.5%)
  • Retail Trade ($402 million or 12.2%)
  • Rental, Hiring and Real Estate Services ($316 million or 9.6%)

In combination these three industries accounted for $1,131 million in total or 34.3% of the total value added by industry in Waverley Council area.

In comparison, the same 3 industries in New South Wales accounted for 9.8% in Professional, Scientific and Technical Services; 5.3% in Retail Trade; and 4.4% in Rental, Hiring and Real Estate Services.

The major differences between the value added by industries of Waverley Council area and New South Wales were:

  • A larger percentage of value added by Retail Trade (12.2% compared to 5.3%)
  • A larger percentage of value added by Rental, Hiring and Real Estate Services (9.6% compared to 4.4%)
  • A smaller percentage of value added by Financial and Insurance Services (9.2% compared to 14.9%)
  • A smaller percentage of value added by Manufacturing (2.2% compared to 6.6%)

Change in value added by industry sector, 2012/13 to 2017/18
Change in value added by industry sector, 2012/13 to 2017/18 Agriculture, Forestry and Fishing, Waverley Council area: -$4.0 million Mining, Waverley Council area: +$7.6 million Manufacturing, Waverley Council area: +$13.4 million Electricity, Gas, Water and Waste Services, Waverley Council area: +$17.0 million Construction, Waverley Council area: +$7.4 million Wholesale Trade, Waverley Council area: +$10.8 million Retail Trade, Waverley Council area: +$103.1 million Accommodation and Food Services, Waverley Council area: +$43.2 million Transport, Postal and Warehousing, Waverley Council area: +$28.2 million Information Media and Telecommunications, Waverley Council area: +$18.6 million Financial and Insurance Services, Waverley Council area: +$31.5 million Rental, Hiring and Real Estate Services, Waverley Council area: +$112.9 million Professional, Scientific and Technical Services, Waverley Council area: +$77.0 million Administrative and Support Services, Waverley Council area: +$1.1 million Public Administration and Safety, Waverley Council area: +$26.9 million Education and Training, Waverley Council area: +$27.6 million Health Care and Social Assistance, Waverley Council area: +$37.1 million Arts and Recreation Services, Waverley Council area: -$3.1 million Other Services, Waverley Council area: +$29.8 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts

Emerging groups

The total value added by industry in Waverley Council area increased by 586.1 million between 2012/13 and 2017/18.

The largest changes in the value added by industries between 2012/13 and 2017/18 in Waverley Council area were for:

  • Rental, Hiring and Real Estate Services (+$113 million)
  • Retail Trade (+$103 million)
  • Professional, Scientific and Technical Services (+$77 million)

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