City of Monash

Output

In the City of Monash, Manufacturing had the largest output by industry, generating $5,679 million in 2021/22.

Output by industry is a gross measure of the total sales of each industry sector in the City of Monash. 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 the City of Monash’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.

Data source

National Economics (NIEIR) - Modelled series

Current benchmark:
Comparison year:
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Output by industry sector
City of Monash2021/222016/17Change
Industry$m%. Victoria$m%. Victoria2016/17 - 2021/22
Agriculture, Forestry and Fishing77.30.23.752.30.23.0+25.0
Mining26.80.10.725.10.11.1+1.6
Manufacturing5,679.417.712.85,293.517.113.6+385.8
Electricity, Gas, Water and Waste Services980.53.03.5978.03.23.8+2.5
Construction3,169.79.914.83,484.311.313.7-314.6
Wholesale Trade3,333.610.44.63,460.011.25.4-126.4
Retail Trade1,642.65.14.61,554.75.04.6+87.9
Accommodation and Food Services461.11.42.0458.41.52.3+2.7
Transport, Postal and Warehousing1,256.53.95.11,446.44.75.8-189.9
Information Media and Telecommunications1,154.53.63.91,063.13.43.4+91.4
Financial and Insurance Services1,545.84.88.91,593.05.28.7-47.2
Rental, Hiring and Real Estate Services1,445.44.54.31,329.64.34.6+115.7
Professional, Scientific and Technical Services2,717.58.48.82,604.38.48.3+113.2
Administrative and Support Services1,300.24.03.31,255.04.13.4+45.2
Public Administration and Safety729.72.34.8664.82.24.3+64.9
Education and Training3,190.69.94.32,797.09.04.6+393.6
Health Care and Social Assistance2,691.28.46.62,120.86.96.0+570.4
Arts and Recreation Services279.60.91.6215.30.71.6+64.3
Other Services488.51.51.7515.01.71.9-26.5
Total industries32,170.2100.0100.030,910.6100.0100.0+1,259.6

Source: National Institute of Economic and Industry Research (NIEIR) ©2023. ©2023. Compiled and presented in economy.id by .id (informed decisions). Data are based on a 2020/21 price base for all years. NIEIR-ID data are inflation adjusted each year to allow direct comparison, and annual data releases adjust previous years’ figures to a new base year.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 output by industry sectors in the City of Monash in 2021/22 shows the three largest industries were:

  • Manufacturing ($5,679 million or 17.7%)
  • Wholesale Trade ($3,334 million or 10.4%)
  • Education and Training ($3,191 million or 9.9%)

In combination these three industries accounted for $12,204 million in total or 37.9% of the total output by total industry in the the City of Monash.

In comparison, the same 3 industries in Victoria accounted for 12.8% in Manufacturing; 4.6% in Wholesale Trade and 4.3% in Education and Training.

The major differences between output by industries of the City of Monash and Victoria were:

  • A larger percentage of output by Wholesale Trade (10.4% compared to 4.6%)
  • A larger percentage of output by Education and Training (9.9% compared to 4.3%)
  • A smaller percentage of output by Construction (9.9% compared to 14.8%)
  • A larger percentage of output by Manufacturing (17.7% compared to 12.8%)

Emerging groups

The total industry output in the City of Monash increased by $1,260 million between 2016/17 and 2021/22.

The largest changes in the output by industries between 2016/17 and 2021/22 in the City of Monash were for:

  • Health Care and Social Assistance (+$570 million)
  • Education and Training (+$394 million)
  • Manufacturing (+$386 million)
  • Rental, Hiring and Real Estate Services (+$116 million)

City of Monash

economic profile