Cardinia ShireEconomic profile
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Cardinia Shire

Value added

In Cardinia Shire, Construction is the most productive industry, generating $528 million in 2017/18.

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 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
Cardinia Shire - Constant prices2017/182012/13Change
Industry
(Click rows to view sub-categories)
$m%Victoria%$m%Victoria%2012/13 to 2017/18
Agriculture, Forestry and Fishing206.58.13.5255.912.63.2-49.5
Mining42.51.70.816.10.81.2+26.4
Manufacturing225.08.98.2176.78.79.9+48.3
Electricity, Gas, Water and Waste Services68.62.73.175.83.73.2-7.2
Construction528.520.88.6370.318.28.0+158.2
Wholesale Trade89.23.55.477.53.85.5+11.7
Retail Trade231.69.16.0158.77.85.9+72.8
Accommodation and Food Services85.03.42.758.62.92.4+26.4
Transport, Postal and Warehousing117.04.65.793.24.65.6+23.7
Information Media and Telecommunications32.21.33.728.41.43.4+3.8
Financial and Insurance Services92.03.611.669.63.411.9+22.4
Rental, Hiring and Real Estate Services81.63.23.570.83.53.1+10.7
Professional, Scientific and Technical Services128.15.19.397.14.88.8+31.0
Administrative and Support Services67.82.73.948.52.44.0+19.3
Public Administration and Safety72.72.95.359.92.95.7+12.8
Education and Training175.26.96.0154.07.66.6+21.3
Health Care and Social Assistance196.07.79.2137.66.88.0+58.4
Arts and Recreation Services27.51.11.225.41.31.4+2.2
Other Services69.22.72.055.72.72.2+13.4

Source: National Institute of Economic and Industry Research (NIEIR) ©2018. 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 2017/18
Value added by industry sector 2017/18 Agriculture, Forestry and Fishing, Victoria: 3.5% Mining, Victoria: 0.8% Manufacturing, Victoria: 8.2% Electricity, Gas, Water and Waste Services, Victoria: 3.1% Construction, Victoria: 8.6% Wholesale Trade, Victoria: 5.4% Retail Trade, Victoria: 6.0% Accommodation and Food Services, Victoria: 2.7% Transport, Postal and Warehousing, Victoria: 5.7% Information Media and Telecommunications, Victoria: 3.7% Financial and Insurance Services, Victoria: 11.6% Rental, Hiring and Real Estate Services, Victoria: 3.5% Professional, Scientific and Technical Services, Victoria: 9.3% Administrative and Support Services, Victoria: 3.9% Public Administration and Safety, Victoria: 5.3% Education and Training, Victoria: 6.0% Health Care and Social Assistance, Victoria: 9.2% Arts and Recreation Services, Victoria: 1.2% Other Services, Victoria: 2.0% Agriculture, Forestry and Fishing, Cardinia Shire: 8.1% Mining, Cardinia Shire: 1.7% Manufacturing, Cardinia Shire: 8.9% Electricity, Gas, Water and Waste Services, Cardinia Shire: 2.7% Construction, Cardinia Shire: 20.8% Wholesale Trade, Cardinia Shire: 3.5% Retail Trade, Cardinia Shire: 9.1% Accommodation and Food Services, Cardinia Shire: 3.4% Transport, Postal and Warehousing, Cardinia Shire: 4.6% Information Media and Telecommunications, Cardinia Shire: 1.3% Financial and Insurance Services, Cardinia Shire: 3.6% Rental, Hiring and Real Estate Services, Cardinia Shire: 3.2% Professional, Scientific and Technical Services, Cardinia Shire: 5.1% Administrative and Support Services, Cardinia Shire: 2.7% Public Administration and Safety, Cardinia Shire: 2.9% Education and Training, Cardinia Shire: 6.9% Health Care and Social Assistance, Cardinia Shire: 7.7% Arts and Recreation Services, Cardinia Shire: 1.1% Other Services, Cardinia Shire: 2.7%
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the valued added by industry sectors in Cardinia Shire in 2017/18 shows the three largest industries were:

  • Construction ($528 million or 20.8%)
  • Retail Trade ($232 million or 9.1%)
  • Manufacturing ($225 million or 8.9%)

In combination these three industries accounted for $985 million in total or 38.8% of the total value added by industry in Cardinia Shire.

In comparison, the same 3 industries in Victoria accounted for 8.6% in Construction; 6.0% in Retail Trade; and 8.2% in Manufacturing.

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

  • A larger percentage of value added by Construction (20.8% compared to 8.6%)
  • A larger percentage of value added by Agriculture, Forestry and Fishing (8.1% compared to 3.5%)
  • A smaller percentage of value added by Financial and Insurance Services (3.6% compared to 11.6%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (5.1% compared to 9.3%)

Change in value added by industry sector, 2012/13 to 2017/18
Change in value added by industry sector, 2012/13 to 2017/18 Agriculture, Forestry and Fishing, Cardinia Shire: -$49.5 million Mining, Cardinia Shire: +$26.4 million Manufacturing, Cardinia Shire: +$48.3 million Electricity, Gas, Water and Waste Services, Cardinia Shire: -$7.2 million Construction, Cardinia Shire: +$158.2 million Wholesale Trade, Cardinia Shire: +$11.7 million Retail Trade, Cardinia Shire: +$72.8 million Accommodation and Food Services, Cardinia Shire: +$26.4 million Transport, Postal and Warehousing, Cardinia Shire: +$23.7 million Information Media and Telecommunications, Cardinia Shire: +$3.8 million Financial and Insurance Services, Cardinia Shire: +$22.4 million Rental, Hiring and Real Estate Services, Cardinia Shire: +$10.7 million Professional, Scientific and Technical Services, Cardinia Shire: +$31.0 million Administrative and Support Services, Cardinia Shire: +$19.3 million Public Administration and Safety, Cardinia Shire: +$12.8 million Education and Training, Cardinia Shire: +$21.3 million Health Care and Social Assistance, Cardinia Shire: +$58.4 million Arts and Recreation Services, Cardinia Shire: +$2.2 million Other Services, Cardinia Shire: +$13.4 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts

Emerging groups

The total value added by industry in Cardinia Shire increased by 506.1 million between 2012/13 and 2017/18.

The largest changes in the value added by industries between 2012/13 and 2017/18 in Cardinia Shire were for:

  • Construction (+$158 million)
  • Retail Trade (+$73 million)
  • Health Care and Social Assistance (+$58 million)
  • Agriculture, Forestry and Fishing (-$49 million)

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