Bankstown City CouncilEconomic profile

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In Bankstown City, Manufacturing had the largest output by industry, generating $4,643 million in 2014/15.

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
Bankstown City - Constant prices2014/152009/10Change
Industry
(Click rows to view sub-categories)
$m%Greater Sydney%$m%Greater Sydney%2009/10 to 2014/15
Agriculture, Forestry and Fishing24.00.10.420.20.10.4+3.8
Mining1.40.00.33.60.00.3-2.2
Manufacturing4,643.028.09.95,511.933.613.2-868.9
Electricity, Gas, Water and Waste Services429.12.62.2446.72.72.9-17.7
Construction1,862.611.210.31,640.910.09.5+221.7
Wholesale Trade1,663.710.05.91,229.97.55.8+433.8
Retail Trade745.74.54.3726.94.44.2+18.8
Accommodation and Food Services418.52.53.0390.42.43.0+28.0
Transport, Postal and Warehousing1,245.17.56.51,472.19.06.9-227.0
Information Media and Telecommunications413.22.56.7442.32.75.7-29.2
Financial and Insurance Services636.03.814.2501.93.111.9+134.1
Rental, Hiring and Real Estate Services841.35.17.1616.13.85.6+225.2
Professional, Scientific and Technical Services539.43.29.3517.43.210.0+22.0
Administrative and Support Services387.72.33.8389.22.44.3-1.5
Public Administration and Safety688.54.14.8593.83.65.0+94.7
Education and Training757.04.63.5701.24.33.8+55.8
Health Care and Social Assistance761.34.64.6701.34.34.5+60.0
Arts and Recreation Services125.60.81.288.60.51.1+37.0
Other Services413.92.51.9403.92.52.0+10.0

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Data is based on 2013-14 constant prices for all years. NIEIR data are inflation adjusted each year to allow direct comparison, and new data releases normally adjust previous years’ figures to a new base year.

Output by industry sector 2014/15
Output by industry sector 2014/15 Agriculture, Forestry and Fishing, Greater Sydney: 0.4% Mining, Greater Sydney: 0.3% Manufacturing, Greater Sydney: 9.9% Electricity, Gas, Water and Waste Services, Greater Sydney: 2.2% Construction, Greater Sydney: 10.3% Wholesale Trade, Greater Sydney: 5.9% Retail Trade, Greater Sydney: 4.3% Accommodation and Food Services, Greater Sydney: 3.0% Transport, Postal and Warehousing, Greater Sydney: 6.5% Information Media and Telecommunications, Greater Sydney: 6.7% Financial and Insurance Services, Greater Sydney: 14.2% Rental, Hiring and Real Estate Services, Greater Sydney: 7.1% Professional, Scientific and Technical Services, Greater Sydney: 9.3% Administrative and Support Services, Greater Sydney: 3.8% Public Administration and Safety, Greater Sydney: 4.8% Education and Training, Greater Sydney: 3.5% Health Care and Social Assistance, Greater Sydney: 4.6% Arts and Recreation Services, Greater Sydney: 1.2% Other Services, Greater Sydney: 1.9% Agriculture, Forestry and Fishing, Bankstown City: 0.1% Mining, Bankstown City: 0.0% Manufacturing, Bankstown City: 28.0% Electricity, Gas, Water and Waste Services, Bankstown City: 2.6% Construction, Bankstown City: 11.2% Wholesale Trade, Bankstown City: 10.0% Retail Trade, Bankstown City: 4.5% Accommodation and Food Services, Bankstown City: 2.5% Transport, Postal and Warehousing, Bankstown City: 7.5% Information Media and Telecommunications, Bankstown City: 2.5% Financial and Insurance Services, Bankstown City: 3.8% Rental, Hiring and Real Estate Services, Bankstown City: 5.1% Professional, Scientific and Technical Services, Bankstown City: 3.2% Administrative and Support Services, Bankstown City: 2.3% Public Administration and Safety, Bankstown City: 4.1% Education and Training, Bankstown City: 4.6% Health Care and Social Assistance, Bankstown City: 4.6% Arts and Recreation Services, Bankstown City: 0.8% Other Services, Bankstown City: 2.5%
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, 2009/10 to 2014/15
Change in output by industry sector, 2009/10 to 2014/15 Agriculture, Forestry and Fishing, Bankstown City: +$3.8 million Mining, Bankstown City: -$2.2 million Manufacturing, Bankstown City: -$868.9 million Electricity, Gas, Water and Waste Services, Bankstown City: -$17.7 million Construction, Bankstown City: +$221.7 million Wholesale Trade, Bankstown City: +$433.8 million Retail Trade, Bankstown City: +$18.8 million Accommodation and Food Services, Bankstown City: +$28.0 million Transport, Postal and Warehousing, Bankstown City: -$227.0 million Information Media and Telecommunications, Bankstown City: -$29.2 million Financial and Insurance Services, Bankstown City: +$134.1 million Rental, Hiring and Real Estate Services, Bankstown City: +$225.2 million Professional, Scientific and Technical Services, Bankstown City: +$22.0 million Administrative and Support Services, Bankstown City: -$1.5 million Public Administration and Safety, Bankstown City: +$94.7 million Education and Training, Bankstown City: +$55.8 million Health Care and Social Assistance, Bankstown City: +$60.0 million Arts and Recreation Services, Bankstown City: +$37.0 million Other Services, Bankstown City: +$10.0 million
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 2014/15 shows the three largest industries were:

  • Manufacturing (4,643 million or 28.0%)
  • Construction (1,863 million or 11.2%)
  • Wholesale Trade (1,664 million or 10.0%)

In combination these three industries accounted for $8,169 million in total or 49.2% of the total output by total industry in Bankstown City.

In comparison, the same 3 industries in Greater Sydney accounted for 9.9% in Manufacturing; 10.3% in Construction; and 5.9% in Wholesale Trade.

The major differences between output by industries in Bankstown City and Greater Sydney were:

  • A larger percentage of output by Manufacturing (28.0% compared to 9.9%)
  • A smaller percentage of output by Financial and Insurance Services (3.8% compared to 14.2%)
  • A smaller percentage of output by Professional, Scientific and Technical Services (3.2% compared to 9.3%)
  • A smaller percentage of output by Information Media and Telecommunications (2.5% compared to 6.7%)

Emerging groups

The total industry output in Bankstown City increased by $198.3 million between 2009/10 and 2014/15.

The largest changes in the output by industries between 2009/10 and 2014/15 in Bankstown City were for:

  • Manufacturing (-$869 million)
  • Wholesale Trade (+$434 million)
  • Transport, Postal and Warehousing (-$227 million)
  • Rental, Hiring and Real Estate Services (+$225 million)

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