Bankstown City CouncilEconomic profile

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In Bankstown City, [Econ_Output].[Top1Label] had the largest output by industry, generating $[Econ_Output].[Top1Number].{0:#,#} million in 2015/16.

Output by industry is a gross measure of the total sales of each industry sector in Bankstown City. It does not measure how productive each industry sector is at producing this output - which is measured by value added.

By comparing the output of each industry sector to a regional benchmark, you can clearly see the structure of Bankstown 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 get the full picture how each industry sector contributes to the regional or state economy, output data should be viewed alongside the other industry characteristics in the Industry sector analysis section.

Detailed data notes about how the figures are derived can be found in the specific topic notes section.

The gross measure of output includes the value of all the inputs to each industry.

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.
Output by industry sector 2015/16
Output by industry sector 2015/16
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Change in output by industry sector, 2010/11 to 2015/16
Change in output by industry sector, 2010/11 to 2015/16
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the output by industry sectors in Bankstown City in 2015/16 shows the three largest industries were:

[Econ_Output].[TopList1]

In combination these three industries accounted for $[Econ_Output].[Top3Sum].{0:#,0} million in total or [Econ_Output].[Top3SumPer].{0:0.0}% of the total output by total industry in Bankstown City.

In comparison, the same 3 industries in New South Wales accounted for [Econ_Output].[BMSumTop1Num].{0:0.0}% in [Econ_Output].[BMTop1Label]; [Econ_Output].[BMSumTop2Num].{0:0.0}% in [Econ_Output].[BMTop2Label]; and [Econ_Output].[BMSumTop3Num].{0:0.0}% in [Econ_Output].[BMTop3Label].

[Econ_Output].[SpatialList1]

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