Cardinia Shire

Value added

In Cardinia Shire, Construction most productive industry, generating $576 million in 2021/22.

Value added by industry is an indicator of business productivity in Cardinia Shire. 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 Cardinia Shire’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
Cardinia Shire2021/222016/17Change
Industry$m%. Victoria$m%. Victoria2016/17 - 2021/22
Agriculture, Forestry and Fishing241.67.12.9188.86.92.8+52.8
Electricity, Gas, Water and Waste Services59.71.82.972.62.73.3-12.8
Wholesale Trade127.03.85.6115.14.26.3+11.9
Retail Trade309.09.15.9252.29.35.9+56.8
Accommodation and Food Services98.
Transport, Postal and Warehousing160.74.85.3132.24.96.0+28.5
Information Media and Telecommunications38.21.13.328.51.03.0+9.7
Financial and Insurance Services109.
Rental, Hiring and Real Estate Services100.
Professional, Scientific and Technical Services173.35.110.0135.95.08.9+37.4
Administrative and Support Services105.73.14.585.03.14.3+20.7
Public Administration and Safety133.
Education and Training315.39.36.2206.97.66.4+108.4
Health Care and Social Assistance331.19.810.1207.87.68.5+123.4
Arts and Recreation Services43.
Other Services89.72.71.880.22.92.1+9.5
Total industries3,383.3100.0100.02,718.8100.0100.0+664.5

Source: National Institute of Economic and Industry Research (NIEIR) ©2023. Compiled and presented in 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 Cardinia Shire in 2021/22 shows the three largest industries were:

  • Construction (576 million or 17.0%)
  • Health Care and Social Assistance (331 million or 9.8%)
  • Manufacturing (329 million or 9.7%)

In combination these three industries accounted for 1,236 million in total or 36.5% of the total value added by industry in the Cardinia Shire.

In comparison, the same 3 industries in Victoria accounted for 9.4% in Construction; 10.1% in Health Care and Social Assistance and 7.9% in Manufacturing.

The major differences between the value added by industries of Cardinia Shire and Victoria were:

  • A smaller percentage of value added by Financial and Insurance Services (3.2% compared to 11.0%)
  • A larger percentage of value added by Construction (17.0% compared to 9.4%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (5.1% compared to 10.0%)
  • A larger percentage of value added by Agriculture, Forestry and Fishing (7.1% compared to 2.9%)

Emerging groups

The total value added by industry in Cardinia Shire $increased by 664 million between 2016/17 and 2021/22.

The largest changes in the value added by industries between 2016/17 and 2021/22 in Cardinia Shire were for:

  • Health Care and Social Assistance (+$123 million)
  • Education and Training (+$108 million)
  • Manufacturing (+$61 million)
  • Public Administration and Safety (+$59 million)

Cardinia Shire

economic profile