Cardinia ShireEconomic profile
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Cardinia Shire

Value added

In Cardinia Shire, Construction is the most productive industry, generating $580 million in 2019/20.

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 prices2019/202014/15Change
Industry
(Click rows to view sub-categories)
$m%Victoria%$m%Victoria%2014/15 to 2019/20
Agriculture, Forestry and Fishing109.94.02.0216.49.33.2-106.5
Mining23.90.91.616.70.71.7+7.2
Manufacturing246.28.98.0205.68.89.5+40.6
Electricity, Gas, Water and Waste Services79.02.83.275.23.23.4+3.8
Construction579.820.99.3458.519.78.7+121.3
Wholesale Trade102.03.75.078.03.35.1+24.0
Retail Trade251.99.15.5196.38.45.6+55.6
Accommodation and Food Services74.42.72.270.63.02.4+3.9
Transport, Postal and Warehousing161.75.85.3112.14.85.8+49.6
Information Media and Telecommunications26.30.93.331.41.33.0-5.1
Financial and Insurance Services117.44.212.686.33.712.0+31.1
Rental, Hiring and Real Estate Services85.33.13.179.03.43.3+6.3
Professional, Scientific and Technical Services166.56.09.7110.24.78.1+56.3
Administrative and Support Services86.43.14.570.53.04.0+15.9
Public Administration and Safety91.83.36.168.73.05.7+23.1
Education and Training252.79.16.2186.38.06.5+66.4
Health Care and Social Assistance217.47.89.5177.37.68.4+40.1
Arts and Recreation Services23.70.91.222.51.01.3+1.2
Other Services82.53.02.067.12.92.2+15.4

Source: National Institute of Economic and Industry Research (NIEIR) ©2021. Compiled and presented in economy.id by .id (informed decisions).

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 2019/20
Value added by industry sector 2019/20 Agriculture, Forestry and Fishing, Victoria: 2.0% Mining, Victoria: 1.6% Manufacturing, Victoria: 8.0% Electricity, Gas, Water and Waste Services, Victoria: 3.2% Construction, Victoria: 9.3% Wholesale Trade, Victoria: 5.0% Retail Trade, Victoria: 5.5% Accommodation and Food Services, Victoria: 2.2% Transport, Postal and Warehousing, Victoria: 5.3% Information Media and Telecommunications, Victoria: 3.3% Financial and Insurance Services, Victoria: 12.6% Rental, Hiring and Real Estate Services, Victoria: 3.1% Professional, Scientific and Technical Services, Victoria: 9.7% Administrative and Support Services, Victoria: 4.5% Public Administration and Safety, Victoria: 6.1% Education and Training, Victoria: 6.2% Health Care and Social Assistance, Victoria: 9.5% Arts and Recreation Services, Victoria: 1.2% Other Services, Victoria: 2.0% Agriculture, Forestry and Fishing, Cardinia Shire: 4.0% Mining, Cardinia Shire: 0.9% Manufacturing, Cardinia Shire: 8.9% Electricity, Gas, Water and Waste Services, Cardinia Shire: 2.8% Construction, Cardinia Shire: 20.9% Wholesale Trade, Cardinia Shire: 3.7% Retail Trade, Cardinia Shire: 9.1% Accommodation and Food Services, Cardinia Shire: 2.7% Transport, Postal and Warehousing, Cardinia Shire: 5.8% Information Media and Telecommunications, Cardinia Shire: 0.9% Financial and Insurance Services, Cardinia Shire: 4.2% Rental, Hiring and Real Estate Services, Cardinia Shire: 3.1% Professional, Scientific and Technical Services, Cardinia Shire: 6.0% Administrative and Support Services, Cardinia Shire: 3.1% Public Administration and Safety, Cardinia Shire: 3.3% Education and Training, Cardinia Shire: 9.1% Health Care and Social Assistance, Cardinia Shire: 7.8% Arts and Recreation Services, Cardinia Shire: 0.9% Other Services, Cardinia Shire: 3.0%
Source: National Institute of Economic and Industry Research (NIEIR) ©2021
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 2019/20 shows the three largest industries were:

  • Construction ($580 million or 20.9%)
  • Education and Training ($253 million or 9.1%)
  • Retail Trade ($252 million or 9.1%)

In combination these three industries accounted for $1,084 million in total or 39.0% of the total value added by industry in Cardinia Shire.

In comparison, the same 3 industries in Victoria accounted for 9.3% in Construction; 6.2% in Education and Training; and 5.5% in Retail Trade.

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

  • A larger percentage of value added by Construction (20.9% compared to 9.3%)
  • A larger percentage of value added by Retail Trade (9.1% compared to 5.5%)
  • A smaller percentage of value added by Financial and Insurance Services (4.2% compared to 12.6%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (6.0% compared to 9.7%)

Change in value added by industry sector, 2014/15 to 2019/20
Change in value added by industry sector, 2014/15 to 2019/20 Agriculture, Forestry and Fishing, Cardinia Shire: -$106.5 million Mining, Cardinia Shire: +$7.2 million Manufacturing, Cardinia Shire: +$40.6 million Electricity, Gas, Water and Waste Services, Cardinia Shire: +$3.8 million Construction, Cardinia Shire: +$121.3 million Wholesale Trade, Cardinia Shire: +$24.0 million Retail Trade, Cardinia Shire: +$55.6 million Accommodation and Food Services, Cardinia Shire: +$3.9 million Transport, Postal and Warehousing, Cardinia Shire: +$49.6 million Information Media and Telecommunications, Cardinia Shire: -$5.1 million Financial and Insurance Services, Cardinia Shire: +$31.1 million Rental, Hiring and Real Estate Services, Cardinia Shire: +$6.3 million Professional, Scientific and Technical Services, Cardinia Shire: +$56.3 million Administrative and Support Services, Cardinia Shire: +$15.9 million Public Administration and Safety, Cardinia Shire: +$23.1 million Education and Training, Cardinia Shire: +$66.4 million Health Care and Social Assistance, Cardinia Shire: +$40.1 million Arts and Recreation Services, Cardinia Shire: +$1.2 million Other Services, Cardinia Shire: +$15.4 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2021
Compiled and presented in economy.id by .id the population experts

Emerging groups

The total value added by industry in Cardinia Shire increased by 450.1 million between 2014/15 and 2019/20.

The largest changes in the value added by industries between 2014/15 and 2019/20 in Cardinia Shire were for:

  • Construction (+$121 million)
  • Agriculture, Forestry and Fishing (-$106 million)
  • Education and Training (+$66 million)
  • Professional, Scientific and Technical Services (+$56 million)

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