City of Ballarat

Value added

In the City of Ballarat, Health Care and Social Assistance most productive industry, generating $1,017 million in 2021/22.

Value added by industry is an indicator of business productivity in the City of Ballarat. 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 the City of Ballarat’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

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Value added by industry sector
City of Ballarat2021/222016/17Change
Industry$m%. Victoria$m%. Victoria2016/17 - 2021/22
Agriculture, Forestry and Fishing107.61.72.9195.83.92.8-88.2
Mining106.81.70.9132.82.71.2-26.1
Manufacturing694.911.17.9515.610.48.9+179.3
Electricity, Gas, Water and Waste Services173.22.82.9144.52.93.3+28.7
Construction691.011.09.4437.78.89.0+253.3
Wholesale Trade388.86.25.6199.04.06.3+189.9
Retail Trade507.18.15.9343.46.95.9+163.8
Accommodation and Food Services146.22.32.0130.62.62.3+15.5
Transport, Postal and Warehousing240.43.85.3176.33.56.0+64.2
Information Media and Telecommunications179.22.93.3150.93.03.0+28.4
Financial and Insurance Services216.63.511.0227.84.611.0-11.2
Rental, Hiring and Real Estate Services160.42.63.2147.33.03.3+13.1
Professional, Scientific and Technical Services348.95.610.0348.37.08.9+0.6
Administrative and Support Services246.13.94.5153.13.14.3+93.0
Public Administration and Safety352.65.66.0296.05.95.5+56.6
Education and Training520.78.36.2474.19.56.4+46.6
Health Care and Social Assistance1,017.416.210.1743.915.08.5+273.5
Arts and Recreation Services62.21.01.246.90.91.2+15.3
Other Services116.61.91.8110.42.22.1+6.2
Total industries6,276.6100.0100.04,974.2100.0100.0+1,302.4

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 the City of Ballarat in 2021/22 shows the three largest industries were:

  • Health Care and Social Assistance (1,017 million or 16.2%)
  • Manufacturing (695 million or 11.1%)
  • Construction (691 million or 11.0%)

In combination these three industries accounted for 2,403 million in total or 38.3% of the total value added by industry in the the City of Ballarat.

In comparison, the same 3 industries in Victoria accounted for 10.1% in Health Care and Social Assistance; 7.9% in Manufacturing and 9.4% in Construction.

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

  • A smaller percentage of value added by Financial and Insurance Services (3.5% compared to 11.0%)
  • A larger percentage of value added by Health Care and Social Assistance (16.2% compared to 10.1%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (5.6% compared to 10.0%)
  • A larger percentage of value added by Manufacturing (11.1% compared to 7.9%)

Emerging groups

The total value added by industry in the City of Ballarat $increased by 1,302 million between 2016/17 and 2021/22.

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

  • Health Care and Social Assistance (+$273 million)
  • Construction (+$253 million)
  • Wholesale Trade (+$190 million)
  • Manufacturing (+$179 million)

City of Ballarat

economic profile