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 most productive industry, generating $448 million in 2019/20.

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 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 benchmark:
Comparison year:
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Value added by industry sector
Waverley Council area2019/202014/15Change
Industry$m%. New South Wales$m%. New South Wales2014/15 - 2019/20
Agriculture, Forestry and Fishing0.80.01.53.00.12.4-2.3
Mining32.80.93.92.50.14.3+30.3
Manufacturing53.51.56.260.51.87.0-7.0
Electricity, Gas, Water and Waste Services33.31.02.531.71.02.7+1.6
Construction365.610.58.7413.412.58.4-47.8
Wholesale Trade82.52.44.696.12.94.4-13.6
Retail Trade388.811.24.9342.310.35.0+46.5
Accommodation and Food Services174.15.02.7203.66.13.1-29.6
Transport, Postal and Warehousing98.62.85.759.31.86.2+39.3
Information Media and Telecommunications86.52.53.572.42.23.3+14.0
Financial and Insurance Services306.28.814.1301.89.114.2+4.3
Rental, Hiring and Real Estate Services293.28.44.4263.07.94.2+30.2
Professional, Scientific and Technical Services448.312.910.3373.911.38.9+74.4
Administrative and Support Services288.98.34.7302.89.14.6-13.9
Public Administration and Safety151.64.35.7113.13.45.4+38.5
Education and Training216.06.25.9199.06.05.9+17.0
Health Care and Social Assistance285.48.28.0284.18.67.0+1.3
Arts and Recreation Services60.91.70.965.62.00.9-4.7
Other Services119.53.41.9123.73.72.2-4.2
Total industries3,486.3100.0100.03,311.8100.0100.0+174.4

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 more

Please refer to specific data notes for more information
Did you know? By clicking/tapping on a category in the chart below you will be able to drilldown to the sub categories.
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Dominant groups

An analysis of the valued added by industry sectors in Waverley Council area in 2019/20 shows the three largest industries were:

  • Professional, Scientific and Technical Services (448 million or 12.9%)
  • Retail Trade (389 million or 11.2%)
  • Construction (366 million or 10.5%)

In combination these three industries accounted for 1,203 million in total or 34.5% of the total value added by industry in the Waverley Council area.

In comparison, the same 3 industries in New South Wales accounted for 10.3% in Professional, Scientific and Technical Services; 4.9% in Retail Trade and 8.7% in Construction.

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 (11.2% compared to 4.9%)
  • A smaller percentage of value added by Financial and Insurance Services (8.8% compared to 14.1%)
  • A smaller percentage of value added by Manufacturing (1.5% compared to 6.2%)
  • A larger percentage of value added by Rental, Hiring and Real Estate Services (8.4% compared to 4.4%)

Emerging groups

The total value added by industry in Waverley Council area $increased by 174 million between 2014/15 and 2019/20.

The largest changes in the value added by industries between 2014/15 and 2019/20 in Waverley Council area were for:

  • Professional, Scientific and Technical Services (+$74 million)
  • Retail Trade (+$46 million)
  • Transport, Postal and Warehousing (+$39 million)
  • Public Administration and Safety (+$39 million)

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Waverley Local Government Area (LGA)

economic profile