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City of Banyule

Value added

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

Value added by industry is an indicator of business productivity in 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 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 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
City of Banyule - Constant prices2018/192013/14Change
Industry
(Click rows to view sub-categories)
$m%Victoria%$m%Victoria%2013/14 to 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

Source: National Institute of Economic and Industry Research (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 more

Value added by industry sector 2018/19
Value added by industry sector 2018/19 Agriculture, Forestry and Fishing, Victoria: 2.3% Mining, Victoria: 1.3% Manufacturing, Victoria: 8.1% Electricity, Gas, Water and Waste Services, Victoria: 3.2% Construction, Victoria: 9.2% Wholesale Trade, Victoria: 5.1% Retail Trade, Victoria: 5.7% Accommodation and Food Services, Victoria: 2.4% Transport, Postal and Warehousing, Victoria: 5.3% Information Media and Telecommunications, Victoria: 3.7% Financial and Insurance Services, Victoria: 12.6% Rental, Hiring and Real Estate Services, Victoria: 3.3% Professional, Scientific and Technical Services, Victoria: 9.1% Administrative and Support Services, Victoria: 4.3% Public Administration and Safety, Victoria: 5.3% Education and Training, Victoria: 6.1% Health Care and Social Assistance, Victoria: 9.5% Arts and Recreation Services, Victoria: 1.3% Other Services, Victoria: 2.1% Agriculture, Forestry and Fishing, City of Banyule: 0.2% Mining, City of Banyule: 0.1% Manufacturing, City of Banyule: 5.5% Electricity, Gas, Water and Waste Services, City of Banyule: 0.5% Construction, City of Banyule: 9.2% Wholesale Trade, City of Banyule: 4.2% Retail Trade, City of Banyule: 5.8% Accommodation and Food Services, City of Banyule: 2.1% Transport, Postal and Warehousing, City of Banyule: 2.1% Information Media and Telecommunications, City of Banyule: 1.3% Financial and Insurance Services, City of Banyule: 4.2% Rental, Hiring and Real Estate Services, City of Banyule: 3.3% Professional, Scientific and Technical Services, City of Banyule: 6.7% Administrative and Support Services, City of Banyule: 3.9% Public Administration and Safety, City of Banyule: 6.0% Education and Training, City of Banyule: 8.1% Health Care and Social Assistance, City of Banyule: 33.2% Arts and Recreation Services, City of Banyule: 1.0% Other Services, City of Banyule: 2.8%
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the valued added by industry sectors in 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 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%)

Change in value added by industry sector, 2013/14 to 2018/19
Change in value added by industry sector, 2013/14 to 2018/19 Agriculture, Forestry and Fishing, City of Banyule: -$5.0 million Mining, City of Banyule: +$0.5 million Manufacturing, City of Banyule: -$30.6 million Electricity, Gas, Water and Waste Services, City of Banyule: -$7.8 million Construction, City of Banyule: +$50.8 million Wholesale Trade, City of Banyule: +$32.6 million Retail Trade, City of Banyule: -$9.3 million Accommodation and Food Services, City of Banyule: -$2.6 million Transport, Postal and Warehousing, City of Banyule: +$11.4 million Information Media and Telecommunications, City of Banyule: +$12.9 million Financial and Insurance Services, City of Banyule: +$14.1 million Rental, Hiring and Real Estate Services, City of Banyule: +$7.7 million Professional, Scientific and Technical Services, City of Banyule: +$29.5 million Administrative and Support Services, City of Banyule: +$30.3 million Public Administration and Safety, City of Banyule: -$74.3 million Education and Training, City of Banyule: +$30.0 million Health Care and Social Assistance, City of Banyule: +$452.3 million Arts and Recreation Services, City of Banyule: +$11.0 million Other Services, City of Banyule: +$11.6 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts

Emerging groups

The total value added by industry in the City of Banyule increased by 565.0 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)
  • Public Administration and Safety (-$74 million)
  • Construction (+$51 million)

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