Shire of NillumbikEconomic profile
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Nillumbik Shire

Value added

In Nillumbik Shire, Education and Training is the most productive industry, generating $154 million in 2015/16.

Value added by industry is an indicator of business productivity in Nillumbik Shire. 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 Nillumbik Shire’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 analysis section. 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.

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.
Value added by industry sector
Nillumbik Shire - Constant prices2015/162010/11Change
Industry
(Click rows to view sub-categories)
$m%Victoria%$m%Victoria%2010/11 to 2015/16
Agriculture, Forestry and Fishing26.62.32.924.72.23.3+1.9
Mining6.60.62.25.70.52.6+0.9
Manufacturing49.14.38.355.45.010.0-6.3
Electricity, Gas, Water and Waste Services17.11.52.622.72.12.8-5.6
Construction133.011.68.1143.813.17.2-10.7
Wholesale Trade48.14.25.443.84.05.2+4.3
Retail Trade80.07.05.984.27.65.8-4.2
Accommodation and Food Services45.24.02.850.04.53.2-4.8
Transport, Postal and Warehousing28.22.55.429.22.65.6-1.0
Information Media and Telecommunications18.01.64.216.11.53.9+1.9
Financial and Insurance Services62.55.512.761.25.612.3+1.3
Rental, Hiring and Real Estate Services62.25.43.749.14.52.9+13.1
Professional, Scientific and Technical Services131.711.59.4127.011.59.1+4.7
Administrative and Support Services27.92.43.134.03.13.7-6.1
Public Administration and Safety53.74.75.051.64.74.8+2.1
Education and Training154.513.56.6138.612.66.6+15.8
Health Care and Social Assistance126.211.08.498.08.97.7+28.2
Arts and Recreation Services23.32.01.119.11.71.1+4.2
Other Services48.94.32.146.54.22.2+2.4

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 2014-15 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.

Value added by industry sector 2015/16
Value added by industry sector 2015/16 Agriculture, Forestry and Fishing, Victoria: 2.9% Mining, Victoria: 2.2% Manufacturing, Victoria: 8.3% Electricity, Gas, Water and Waste Services, Victoria: 2.6% Construction, Victoria: 8.1% Wholesale Trade, Victoria: 5.4% Retail Trade, Victoria: 5.9% Accommodation and Food Services, Victoria: 2.8% Transport, Postal and Warehousing, Victoria: 5.4% Information Media and Telecommunications, Victoria: 4.2% Financial and Insurance Services, Victoria: 12.7% Rental, Hiring and Real Estate Services, Victoria: 3.7% Professional, Scientific and Technical Services, Victoria: 9.4% Administrative and Support Services, Victoria: 3.1% Public Administration and Safety, Victoria: 5.0% Education and Training, Victoria: 6.6% Health Care and Social Assistance, Victoria: 8.4% Arts and Recreation Services, Victoria: 1.1% Other Services, Victoria: 2.1% Agriculture, Forestry and Fishing, Nillumbik Shire: 2.3% Mining, Nillumbik Shire: 0.6% Manufacturing, Nillumbik Shire: 4.3% Electricity, Gas, Water and Waste Services, Nillumbik Shire: 1.5% Construction, Nillumbik Shire: 11.6% Wholesale Trade, Nillumbik Shire: 4.2% Retail Trade, Nillumbik Shire: 7.0% Accommodation and Food Services, Nillumbik Shire: 4.0% Transport, Postal and Warehousing, Nillumbik Shire: 2.5% Information Media and Telecommunications, Nillumbik Shire: 1.6% Financial and Insurance Services, Nillumbik Shire: 5.5% Rental, Hiring and Real Estate Services, Nillumbik Shire: 5.4% Professional, Scientific and Technical Services, Nillumbik Shire: 11.5% Administrative and Support Services, Nillumbik Shire: 2.4% Public Administration and Safety, Nillumbik Shire: 4.7% Education and Training, Nillumbik Shire: 13.5% Health Care and Social Assistance, Nillumbik Shire: 11.0% Arts and Recreation Services, Nillumbik Shire: 2.0% Other Services, Nillumbik Shire: 4.3%
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 valued added by industry sectors in Nillumbik Shire in 2015/16 shows the three largest industries were:

  • Education and Training ($154 million or 13.5%)
  • Construction ($133 million or 11.6%)
  • Professional, Scientific and Technical Services ($132 million or 11.5%)

In combination these three industries accounted for $419 million in total or 36.7% of the total value added by industry in Nillumbik Shire.

In comparison, the same 3 industries in Victoria accounted for 6.6% in Education and Training; 8.1% in Construction; and 9.4% in Professional, Scientific and Technical Services.

The major differences between the value added by industries of Nillumbik Shire and Victoria were:

  • A larger percentage of value added by Education and Training (13.5% compared to 6.6%)
  • A larger percentage of value added by Construction (11.6% compared to 8.1%)
  • A smaller percentage of value added by Financial and Insurance Services (5.5% compared to 12.7%)
  • A smaller percentage of value added by Manufacturing (4.3% compared to 8.3%)

Change in value added by industry sector, 2010/11 to 2015/16
Change in value added by industry sector, 2010/11 to 2015/16 Agriculture, Forestry and Fishing, Nillumbik Shire: +$1.9 million Mining, Nillumbik Shire: +$0.9 million Manufacturing, Nillumbik Shire: -$6.3 million Electricity, Gas, Water and Waste Services, Nillumbik Shire: -$5.6 million Construction, Nillumbik Shire: -$10.7 million Wholesale Trade, Nillumbik Shire: +$4.3 million Retail Trade, Nillumbik Shire: -$4.2 million Accommodation and Food Services, Nillumbik Shire: -$4.8 million Transport, Postal and Warehousing, Nillumbik Shire: -$1.0 million Information Media and Telecommunications, Nillumbik Shire: +$1.9 million Financial and Insurance Services, Nillumbik Shire: +$1.3 million Rental, Hiring and Real Estate Services, Nillumbik Shire: +$13.1 million Professional, Scientific and Technical Services, Nillumbik Shire: +$4.7 million Administrative and Support Services, Nillumbik Shire: -$6.1 million Public Administration and Safety, Nillumbik Shire: +$2.1 million Education and Training, Nillumbik Shire: +$15.8 million Health Care and Social Assistance, Nillumbik Shire: +$28.2 million Arts and Recreation Services, Nillumbik Shire: +$4.2 million Other Services, Nillumbik Shire: +$2.4 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

Emerging groups

The total value added by industry in Nillumbik Shire increased by 42.3 million between 2010/11 and 2015/16.

There were no major changes in the value added by industries between 2010/11 and 2015/16 in Nillumbik Shire.

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