Cardinia Shire

Value added

In Cardinia Shire, Construction most productive industry, generating $493 million in 2020/21.

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 Shire2020/212015/16Change
Industry$m%. Victoria$m%. Victoria2015/16 - 2020/21
Agriculture, Forestry and Fishing326.210.32.6199.67.92.9+126.6
Electricity, Gas, Water and Waste Services72.
Wholesale Trade279.
Retail Trade246.37.85.7224.58.95.8+21.9
Accommodation and Food Services71.
Transport, Postal and Warehousing200.16.35.1125.45.06.0+74.6
Information Media and Telecommunications28.50.93.427.61.13.0+0.9
Financial and Insurance Services116.33.711.387.83.511.1+28.5
Rental, Hiring and Real Estate Services84.
Professional, Scientific and Technical Services174.05.59.8127.85.18.5+46.1
Administrative and Support Services92.
Public Administration and Safety96.03.06.372.42.95.6+23.6
Education and Training303.99.66.5191.97.66.4+112.1
Health Care and Social Assistance193.26.19.8192.77.78.5+0.5
Arts and Recreation Services35.
Other Services71.32.31.873.12.92.1-1.8
Total industries3,158.4100.0100.02,510.6100.0100.0+647.8

Source: National Institute of Economic and Industry Research (NIEIR) ©2021. 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
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Dominant groups

An analysis of the valued added by industry sectors in Cardinia Shire in 2020/21 shows the three largest industries were:

  • Construction (493 million or 15.6%)
  • Agriculture, Forestry and Fishing (326 million or 10.3%)
  • Education and Training (304 million or 9.6%)

In combination these three industries accounted for 1,123 million in total or 35.6% of the total value added by industry in the Cardinia Shire.

In comparison, the same 3 industries in Victoria accounted for 9.1% in Construction; 2.6% in Agriculture, Forestry and Fishing and 6.5% in Education and Training.

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

  • A larger percentage of value added by Agriculture, Forestry and Fishing (10.3% compared to 2.6%)
  • A smaller percentage of value added by Financial and Insurance Services (3.7% compared to 11.3%)
  • A larger percentage of value added by Construction (15.6% compared to 9.1%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (5.5% compared to 9.8%)

Emerging groups

The total value added by industry in Cardinia Shire $increased by 648 million between 2015/16 and 2020/21.

The largest changes in the value added by industries between 2015/16 and 2020/21 in Cardinia Shire were for:

  • Wholesale Trade (+$181 million)
  • Agriculture, Forestry and Fishing (+$127 million)
  • Education and Training (+$112 million)
  • Transport, Postal and Warehousing (+$75 million)

Cardinia Shire

economic profile