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CENTRAL COAST
REGIONAL SNAPSHOT
2016
|
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Value Added Industries
Value added by industry is an indicator of business productivity
in Central Coast NSW. 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.
An analysis of the valued added by industry sectors in
Central Coast NSW in 2014/15 shows the three largest
industries were:
• Health Care and Social Assistance
($1,316 million or 13.7%)
• Manufacturing ($906 million or 9.4%)
• Retail Trade ($879 million or 9.2%)
In combination these three industries accounted for $3,101 million
in total or 32.3% of the total value added by industry in Central
Coast NSW.
In comparison, the same 3 industries in New South Wales
accounted for 7.7% in Health Care and Social Assistance; 7.4%
in Manufacturing; and 5.5% in Retail Trade.
Sustainable Communities and Population Growth
PERCENTAGE OF VALUE ADDED BY INDUSTRY SECTOR
Industry
Central Coast
New South Wales
Health Care and Social Assistance
13.7
7.7
Manufacturing
9.4
7.4
Retail Trade
9.2
5.5
Construction
7.7
7.1
Education and Training
7.0
5.9
Accommodation and Food Services
6.2
3.5
Financial and Insurance Services
6.0
14.9
Public Administration and Safety
6.0
6.0
Professional, Scientific and Technical Services
4.6
8.2
Rental, Hiring and Real Estate Services
4.4
3.9
Electricity, Gas, Water and Waste Services
4.1
2.8
Information Media and Telecommunications
3.9
4.9
Wholesale Trade
3.8
5.3
Transport, Postal and Warehousing
3.7
5.0
Administrative and Support Services
3.5
3.7
Other Services
3.5
2.4
Arts and Recreation Services
1.7
1.2
Agriculture, Forestry and Fishing
0.8
1.6
Mining
0.7
2.8
SOURCE:
NIEIR 2016