In the City of Banyule, Health Care and Social Assistance had the largest output by industry, generating $2,346 million in 2018/19.
Output by industry is a gross measure of the total sales of each industry sector in the City of Banyule. It does not measure how productive each industry sector is at producing this output - which is measured by value added.
By comparing the output of each industry sector to a regional benchmark, you can clearly see the structure of the City of Banyule’s economy. This can be done by directly comparing the percentage contribution of each industry to the total output, relative to the benchmark, or by using a location quotient, where a number greater than one indicates a high concentration of that industry and less than one indicates a lower concentration.
To get the full picture how each industry sector contributes to the regional or state economy, output data should be viewed alongside the other industry characteristics in the Industry sector analysis section.
Detailed data notes about how the figures are derived can be found in the specific topic notes section.
The gross measure of output includes the value of all the inputs to each industry.
National Economics (NIEIR) - Modelled series
|Output by industry sector|
|City of Banyule||2018/19||2013/14||Change|
|Industry||$m||%||Victoria||$m||%||Victoria||2013/14 - 2018/19|
|Agriculture, Forestry and Fishing||22.0||0.2||2.4||29.9||0.4||3.1||-7.9|
|Electricity, Gas, Water and Waste Services||63.3||0.7||3.6||63.9||0.8||3.5||-0.6|
|Accommodation and Food Services||238.2||2.5||2.7||230.4||2.8||2.4||+7.8|
|Transport, Postal and Warehousing||218.1||2.3||5.3||198.1||2.4||6.2||+20.0|
|Information Media and Telecommunications||144.3||1.5||3.9||103.7||1.3||3.3||+40.6|
|Financial and Insurance Services||307.5||3.2||9.2||287.4||3.5||8.4||+20.2|
|Rental, Hiring and Real Estate Services||920.6||9.5||9.2||798.1||9.6||8.2||+122.5|
|Professional, Scientific and Technical Services||620.1||6.4||7.9||582.4||7.0||7.6||+37.6|
|Administrative and Support Services||312.9||3.2||3.4||292.0||3.5||3.5||+20.9|
|Public Administration and Safety||484.5||5.0||3.8||611.5||7.4||4.3||-126.9|
|Education and Training||517.2||5.4||3.9||455.6||5.5||3.8||+61.6|
|Health Care and Social Assistance||2,345.6||24.3||6.2||1,483.7||17.9||4.9||+861.9|
|Arts and Recreation Services||132.7||1.4||1.7||92.4||1.1||1.7||+40.3|
Source: National Institute of Economic and Industry Research (NIEIR) (NIEIR) ©2019. Compiled and presented in economy.id by .id the population experts. Data are based on a 2016-17 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 morePlease refer to specific data notes for more information
An analysis of the output by industry sectors in the City of Banyule in 2018/19 shows the three largest industries were:
- Health Care and Social Assistance ($2,346 million or 24.3%)
- Construction ($1,440 million or 14.9%)
- Rental, Hiring and Real Estate Services ($921 million or 9.5%)
In combination these three industries accounted for $4,706 million in total or 48.7% of the total output by total industry in the the City of Banyule.
In comparison, the same 3 industries in Victoria accounted for 6.2% in Health Care and Social Assistance; 13.9% in Construction and 9.2% in Rental, Hiring and Real Estate Services.
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 (24.3% compared to 6.2%)
- A smaller percentage of output by Financial and Insurance Services (3.2% compared to 9.2%)
- A smaller percentage of output by Manufacturing (8.4% compared to 11.6%)
- A smaller percentage of output by Transport, Postal and Warehousing (2.3% compared to 5.3%)
The total industry output in the City of Banyule increased by $1,363 million between 2013/14 and 2018/19.
The largest changes in the output by industries between 2013/14 and 2018/19 in the City of Banyule were for:
- Health Care and Social Assistance (+$862 million)
- Construction (+$353 million)
- Rental, Hiring and Real Estate Services (+$123 million)
- Education and Training (+$62 million)