Hume City

Value added

In Hume City, Transport, Postal and Warehousing most productive industry, generating $3,022 million in 2021/22.

Value added by industry is an indicator of business productivity in Hume 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 Hume 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:
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Value added by industry sector
Hume City2021/222016/17Change
Industry$m%. Victoria$m%. Victoria2016/17 - 2021/22
Agriculture, Forestry and Fishing72.80.52.974.60.52.8-1.8
Mining27.30.20.914.30.11.2+13.0
Manufacturing2,488.717.37.92,347.117.18.9+141.6
Electricity, Gas, Water and Waste Services427.23.02.9440.23.23.3-13.0
Construction2,198.815.29.41,370.810.09.0+828.0
Wholesale Trade1,086.47.55.61,051.27.76.3+35.3
Retail Trade687.04.85.9604.94.45.9+82.1
Accommodation and Food Services258.61.82.0213.61.62.3+45.0
Transport, Postal and Warehousing3,021.720.95.34,386.832.06.0-1,365.1
Information Media and Telecommunications213.21.53.3108.10.83.0+105.1
Financial and Insurance Services317.82.211.0280.12.011.0+37.7
Rental, Hiring and Real Estate Services263.21.83.2278.22.03.3-15.0
Professional, Scientific and Technical Services356.72.510.0235.01.78.9+121.7
Administrative and Support Services541.53.84.5460.63.44.3+80.9
Public Administration and Safety784.15.46.0606.34.45.5+177.8
Education and Training681.94.76.2495.93.66.4+185.9
Health Care and Social Assistance683.94.710.1448.63.38.5+235.4
Arts and Recreation Services68.60.51.256.80.41.2+11.8
Other Services247.01.71.8242.11.82.1+4.9
Total industries14,426.5100.0100.013,715.1100.0100.0+711.4

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.
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Dominant groups

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

  • Transport, Postal and Warehousing (3,022 million or 20.9%)
  • Manufacturing (2,489 million or 17.3%)
  • Construction (2,199 million or 15.2%)

In combination these three industries accounted for 7,709 million in total or 53.4% of the total value added by industry in the Hume City.

In comparison, the same 3 industries in Victoria accounted for 5.3% in Transport, Postal and Warehousing; 7.9% in Manufacturing and 9.4% in Construction.

The major differences between the value added by industries of Hume City and Victoria were:

  • A larger percentage of value added by Transport, Postal and Warehousing (20.9% compared to 5.3%)
  • A larger percentage of value added by Manufacturing (17.3% compared to 7.9%)
  • A smaller percentage of value added by Financial and Insurance Services (2.2% compared to 11.0%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (2.5% compared to 10.0%)

Emerging groups

The total value added by industry in Hume City $increased by 711 million between 2016/17 and 2021/22.

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

  • Construction (+$828 million)
  • Health Care and Social Assistance (+$235 million)
  • Education and Training (+$186 million)
  • Public Administration and Safety (+$178 million)

Hume City

economic profile