City of Banyule

Output

In the City of Banyule, Health Care and Social Assistance had the largest output by industry, generating $2,219 million in 2021/22.

Output by industry is a gross measure of the total sales of each industry sector in the City of Banyule. 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 Banyule’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:
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Output by industry sector
City of Banyule2021/222016/17Change
Industry$m%. Victoria$m%. Victoria2016/17 - 2021/22
Agriculture, Forestry and Fishing53.70.53.734.00.43.0+19.8
Mining19.00.20.78.30.11.1+10.7
Manufacturing989.99.712.8916.39.913.6+73.5
Electricity, Gas, Water and Waste Services68.20.73.560.20.63.8+8.0
Construction1,813.717.814.81,877.320.213.7-63.6
Wholesale Trade213.42.14.6340.83.75.4-127.4
Retail Trade547.95.44.6515.65.64.6+32.4
Accommodation and Food Services246.52.42.0209.62.32.3+36.9
Transport, Postal and Warehousing225.62.25.1189.22.05.8+36.4
Information Media and Telecommunications197.81.93.9105.11.13.4+92.7
Financial and Insurance Services385.83.88.9284.13.18.7+101.7
Rental, Hiring and Real Estate Services408.34.04.3399.94.34.6+8.4
Professional, Scientific and Technical Services753.07.48.8646.97.08.3+106.1
Administrative and Support Services274.72.73.3286.03.13.4-11.3
Public Administration and Safety787.17.74.8678.17.34.3+109.0
Education and Training602.05.94.3532.85.74.6+69.2
Health Care and Social Assistance2,218.721.86.61,826.119.76.0+392.6
Arts and Recreation Services107.91.11.6105.81.11.6+2.1
Other Services263.42.61.7255.92.81.9+7.5
Total industries10,176.5100.0100.09,271.8100.0100.0+904.7

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 Banyule in 2021/22 shows the three largest industries were:

  • Health Care and Social Assistance ($2,219 million or 21.8%)
  • Construction ($1,814 million or 17.8%)
  • Manufacturing ($990 million or 9.7%)

In combination these three industries accounted for $5,022 million in total or 49.4% of the total output by total industry in the the City of Banyule.

In comparison, the same 3 industries in Victoria accounted for 6.6% in Health Care and Social Assistance; 14.8% in Construction and 12.8% in Manufacturing.

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

  • A larger percentage of output by Health Care and Social Assistance (21.8% compared to 6.6%)
  • A smaller percentage of output by Financial and Insurance Services (3.8% compared to 8.9%)
  • A smaller percentage of output by Agriculture, Forestry and Fishing (0.5% compared to 3.7%)
  • A smaller percentage of output by Manufacturing (9.7% compared to 12.8%)

Emerging groups

The total industry output in the City of Banyule increased by $905 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 Banyule were for:

  • Health Care and Social Assistance (+$393 million)
  • Public Administration and Safety (+$109 million)
  • Professional, Scientific and Technical Services (+$106 million)
  • Financial and Insurance Services (+$102 million)

City of Banyule

economic profile