City of Boroondara

Value added

In the City of Boroondara, Professional, Scientific and Technical Services most productive industry, generating $1,939 million in 2021/22.

Value added by industry is an indicator of business productivity in the City of Boroondara. 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 Boroondara’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 Boroondara2021/222016/17Change
Industry$m%. Victoria$m%. Victoria2016/17 - 2021/22
Agriculture, Forestry and Fishing43.90.42.934.40.32.8+9.5
Mining17.20.20.913.90.11.2+3.3
Manufacturing313.62.97.9332.13.28.9-18.5
Electricity, Gas, Water and Waste Services69.50.62.999.41.03.3-29.9
Construction1,003.49.39.41,049.810.19.0-46.4
Wholesale Trade459.94.35.6492.04.76.3-32.0
Retail Trade848.67.95.9809.77.85.9+38.8
Accommodation and Food Services210.32.02.0234.22.22.3-23.9
Transport, Postal and Warehousing246.82.35.3426.94.16.0-180.0
Information Media and Telecommunications162.51.53.3143.91.43.0+18.6
Financial and Insurance Services1,192.711.111.01,056.410.111.0+136.3
Rental, Hiring and Real Estate Services615.45.73.2678.26.53.3-62.8
Professional, Scientific and Technical Services1,938.718.010.01,617.315.58.9+321.3
Administrative and Support Services414.33.94.5531.05.14.3-116.7
Public Administration and Safety353.43.36.0269.62.65.5+83.8
Education and Training1,134.710.66.21,136.710.96.4-2.0
Health Care and Social Assistance1,464.513.610.11,206.811.68.5+257.7
Arts and Recreation Services87.20.81.286.00.81.2+1.2
Other Services169.01.61.8222.32.12.1-53.3
Total industries10,745.6100.0100.010,440.6100.0100.0+304.9

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

  • Professional, Scientific and Technical Services (1,939 million or 18.0%)
  • Health Care and Social Assistance (1,464 million or 13.6%)
  • Financial and Insurance Services (1,193 million or 11.1%)

In combination these three industries accounted for 4,596 million in total or 42.8% of the total value added by industry in the the City of Boroondara.

In comparison, the same 3 industries in Victoria accounted for 10.0% in Professional, Scientific and Technical Services; 10.1% in Health Care and Social Assistance and 11.0% in Financial and Insurance Services.

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

  • A larger percentage of value added by Professional, Scientific and Technical Services (18.0% compared to 10.0%)
  • A smaller percentage of value added by Manufacturing (2.9% compared to 7.9%)
  • A larger percentage of value added by Education and Training (10.6% compared to 6.2%)
  • A larger percentage of value added by Health Care and Social Assistance (13.6% compared to 10.1%)

Emerging groups

The total value added by industry in the City of Boroondara $increased by 305 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 Boroondara were for:

  • Professional, Scientific and Technical Services (+$321 million)
  • Health Care and Social Assistance (+$258 million)
  • Financial and Insurance Services (+$136 million)
  • Public Administration and Safety (+$84 million)

City of Boroondara

economic profile