Willoughby City

Value added

In Willoughby City, Professional, Scientific and Technical Services most productive industry, generating $1,534 million in 2021/22.

Value added by industry is an indicator of business productivity in Willoughby City. 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 Willoughby City’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:
reset
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
Willoughby City2021/222016/17Change
Industry$m%. New South Wales$m%. New South Wales2016/17 - 2021/22
Agriculture, Forestry and Fishing29.10.32.419.00.22.4+10.1
Mining74.40.71.752.80.52.3+21.6
Manufacturing471.74.46.5442.94.36.8+28.8
Electricity, Gas, Water and Waste Services119.61.12.2159.41.62.4-39.9
Construction735.86.88.6599.15.99.1+136.7
Wholesale Trade864.28.05.5896.38.85.6-32.1
Retail Trade674.76.35.4686.96.75.4-12.2
Accommodation and Food Services202.31.92.5219.22.13.0-16.9
Transport, Postal and Warehousing328.33.05.7299.42.96.7+28.9
Information Media and Telecommunications1,055.09.84.01,339.813.13.3-284.8
Financial and Insurance Services1,010.29.412.6986.39.612.7+23.9
Rental, Hiring and Real Estate Services596.25.54.5590.25.84.6+6.1
Professional, Scientific and Technical Services1,534.014.211.11,409.113.89.6+125.0
Administrative and Support Services550.95.15.0450.84.44.6+100.1
Public Administration and Safety426.34.05.4320.23.15.2+106.1
Education and Training384.23.65.9342.23.36.0+42.0
Health Care and Social Assistance1,451.613.58.61,117.410.97.3+334.2
Arts and Recreation Services43.50.40.853.60.50.9-10.1
Other Services227.62.11.7240.92.42.1-13.3
Total industries10,779.8100.0100.010,225.5100.0100.0+554.3

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
Did you know? By clicking/tapping on a category in the chart below you will be able to drilldown to the sub categories.
loading animation
loading animation

Dominant groups

An analysis of the valued added by industry sectors in Willoughby City in 2021/22 shows the three largest industries were:

  • Professional, Scientific and Technical Services (1,534 million or 14.2%)
  • Health Care and Social Assistance (1,452 million or 13.5%)
  • Information Media and Telecommunications (1,055 million or 9.8%)

In combination these three industries accounted for 4,041 million in total or 37.5% of the total value added by industry in the Willoughby City.

In comparison, the same 3 industries in New South Wales accounted for 11.1% in Professional, Scientific and Technical Services; 8.6% in Health Care and Social Assistance and 4.0% in Information Media and Telecommunications.

The major differences between the value added by industries of Willoughby City and New South Wales were:

  • A larger percentage of value added by Information Media and Telecommunications (9.8% compared to 4.0%)
  • A larger percentage of value added by Health Care and Social Assistance (13.5% compared to 8.6%)
  • A smaller percentage of value added by Financial and Insurance Services (9.4% compared to 12.6%)
  • A larger percentage of value added by Professional, Scientific and Technical Services (14.2% compared to 11.1%)

Emerging groups

The total value added by industry in Willoughby City $increased by 554 million between 2016/17 and 2021/22.

The largest changes in the value added by industries between 2016/17 and 2021/22 in Willoughby City were for:

  • Health Care and Social Assistance (+$334 million)
  • Construction (+$137 million)
  • Professional, Scientific and Technical Services (+$125 million)
  • Public Administration and Safety (+$106 million)

Willoughby City Council

economic profile