Willoughby City

Value added

In Willoughby City, Professional, Scientific and Technical Services most productive industry, generating $1,850 million in 2020/21.

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:
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Value added by industry sector
Willoughby City2020/212015/16Change
Industry$m%. New South Wales$m%. New South Wales2015/16 - 2020/21
Agriculture, Forestry and Fishing10.80.12.116.40.22.3-5.6
Mining36.90.32.632.90.33.1+4.0
Manufacturing368.03.36.5440.14.46.9-72.1
Electricity, Gas, Water and Waste Services165.61.52.4182.51.82.6-16.9
Construction681.16.08.7674.96.88.8+6.2
Wholesale Trade634.95.65.3822.98.35.2-188.0
Retail Trade813.27.25.4676.96.85.2+136.3
Accommodation and Food Services168.31.52.6209.32.13.0-41.0
Transport, Postal and Warehousing245.92.25.3285.12.96.4-39.2
Information Media and Telecommunications1,635.214.53.71,371.313.83.4+263.9
Financial and Insurance Services1,209.010.712.71,048.010.513.3+161.0
Rental, Hiring and Real Estate Services615.85.54.6524.45.34.4+91.4
Professional, Scientific and Technical Services1,850.416.410.71,294.613.08.9+555.8
Administrative and Support Services454.54.04.4447.94.54.7+6.6
Public Administration and Safety379.43.45.7272.82.75.4+106.6
Education and Training317.92.85.9329.53.36.0-11.7
Health Care and Social Assistance1,390.312.38.51,040.310.47.1+350.0
Arts and Recreation Services53.20.50.957.20.60.9-3.9
Other Services242.92.21.9240.52.42.1+2.4
Total industries11,273.3100.0100.09,967.6100.0100.0+1,305.7

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 Willoughby City in 2020/21 shows the three largest industries were:

  • Professional, Scientific and Technical Services (1,850 million or 16.4%)
  • Information Media and Telecommunications (1,635 million or 14.5%)
  • Health Care and Social Assistance (1,390 million or 12.3%)

In combination these three industries accounted for 4,876 million in total or 43.3% of the total value added by industry in the Willoughby City.

In comparison, the same 3 industries in New South Wales accounted for 10.7% in Professional, Scientific and Technical Services; 3.7% in Information Media and Telecommunications and 8.5% in Health Care and Social Assistance.

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 (14.5% compared to 3.7%)
  • A larger percentage of value added by Professional, Scientific and Technical Services (16.4% compared to 10.7%)
  • A larger percentage of value added by Health Care and Social Assistance (12.3% compared to 8.5%)
  • A smaller percentage of value added by Manufacturing (3.3% compared to 6.5%)

Emerging groups

The total value added by industry in Willoughby City $increased by 1,306 million between 2015/16 and 2020/21.

The largest changes in the value added by industries between 2015/16 and 2020/21 in Willoughby City were for:

  • Professional, Scientific and Technical Services (+$556 million)
  • Health Care and Social Assistance (+$350 million)
  • Information Media and Telecommunications (+$264 million)
  • Financial and Insurance Services (+$161 million)

Willoughby City Council

economic profile