City of Banyule

Value added

In the City of Banyule, Health Care and Social Assistance most productive industry, generating $1,518 million in 2018/19.

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

Current benchmark:
Comparison year:
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Value added by industry sector
City of Banyule2018/192013/14Change
Industry$m%. Victoria$m%. Victoria2013/14 - 2018/19
Agriculture, Forestry and Fishing9.40.22.314.50.43.4-5.0
Mining3.60.11.33.10.11.5+0.5
Manufacturing251.25.58.1281.87.09.5-30.6
Electricity, Gas, Water and Waste Services21.30.53.229.10.73.2-7.8
Construction418.79.29.2367.99.28.4+50.8
Wholesale Trade192.44.25.1159.84.05.3+32.6
Retail Trade264.65.85.7273.96.85.6-9.3
Accommodation and Food Services96.62.12.499.32.52.3-2.6
Transport, Postal and Warehousing95.72.15.384.32.16.1+11.4
Information Media and Telecommunications60.91.33.748.01.23.3+12.9
Financial and Insurance Services192.34.212.6178.24.411.8+14.1
Rental, Hiring and Real Estate Services151.13.33.3143.43.63.2+7.7
Professional, Scientific and Technical Services307.86.79.1278.26.98.4+29.5
Administrative and Support Services176.73.94.3146.43.74.1+30.3
Public Administration and Safety273.76.05.3348.18.75.7-74.3
Education and Training368.58.16.1338.58.46.3+30.0
Health Care and Social Assistance1,518.233.29.51,065.926.68.3+452.3
Arts and Recreation Services44.31.01.333.30.81.3+11.0
Other Services127.02.82.1115.42.92.2+11.6
Total industries4,574.2100.0100.04,009.2100.0100.0+565.0

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. Compiled and presented in economy.id by .id the population experts. 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 Banyule in 2018/19 shows the three largest industries were:

  • Health Care and Social Assistance (1,518 million or 33.2%)
  • Construction (419 million or 9.2%)
  • Education and Training (368 million or 8.1%)

In combination these three industries accounted for 2,305 million in total or 50.4% of the total value added by industry in the the City of Banyule.

In comparison, the same 3 industries in Victoria accounted for 9.5% in Health Care and Social Assistance; 9.2% in Construction and 6.1% in Education and Training.

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

  • A larger percentage of value added by Health Care and Social Assistance (33.2% compared to 9.5%)
  • A smaller percentage of value added by Financial and Insurance Services (4.2% compared to 12.6%)
  • A smaller percentage of value added by Transport, Postal and Warehousing (2.1% compared to 5.3%)
  • A smaller percentage of value added by Electricity, Gas, Water and Waste Services (0.5% compared to 3.2%)

Emerging groups

The total value added by industry in the City of Banyule $increased by 565 million between 2013/14 and 2018/19.

The largest changes in the value added by industries between 2013/14 and 2018/19 in the City of Banyule were for:

  • Health Care and Social Assistance (+$452 million)
  • Construction (+$51 million)
  • Wholesale Trade (+$33 million)
  • Administrative and Support Services (+$30 million)

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City of Banyule

economic profile