City of CaseyEconomic profile
Skip to content

City of Casey

Value added

In the City of Casey, Construction is the most productive industry, generating $1,219 million in 2017/18.

Value added by industry is an indicator of business productivity in City of Casey. 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 City of Casey’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
City of Casey - Constant prices2017/182012/13Change
Industry
(Click rows to view sub-categories)
$m%Victoria%$m%Victoria%2012/13 to 2017/18
Agriculture, Forestry and Fishing219.63.33.5245.44.73.2-25.8
Mining7.30.10.85.60.11.2+1.7
Manufacturing447.06.88.2459.58.89.9-12.5
Electricity, Gas, Water and Waste Services81.51.23.1106.92.13.2-25.4
Construction1,219.218.58.6739.014.28.0+480.2
Wholesale Trade374.05.75.4343.26.65.5+30.8
Retail Trade773.711.86.0564.810.95.9+208.9
Accommodation and Food Services223.73.42.7173.13.32.4+50.7
Transport, Postal and Warehousing285.74.35.7258.15.05.6+27.7
Information Media and Telecommunications96.61.53.758.51.13.4+38.1
Financial and Insurance Services267.24.111.6205.84.011.9+61.4
Rental, Hiring and Real Estate Services243.23.73.5173.93.33.1+69.3
Professional, Scientific and Technical Services265.14.09.3213.14.18.8+52.0
Administrative and Support Services218.63.33.9167.83.24.0+50.8
Public Administration and Safety237.23.65.3206.14.05.7+31.1
Education and Training525.28.06.0486.09.36.6+39.2
Health Care and Social Assistance780.611.99.2541.310.48.0+239.4
Arts and Recreation Services117.01.81.283.41.61.4+33.6
Other Services192.72.92.0168.23.22.2+24.5

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, City of Casey: 3.3% Mining, City of Casey: 0.1% Manufacturing, City of Casey: 6.8% Electricity, Gas, Water and Waste Services, City of Casey: 1.2% Construction, City of Casey: 18.5% Wholesale Trade, City of Casey: 5.7% Retail Trade, City of Casey: 11.8% Accommodation and Food Services, City of Casey: 3.4% Transport, Postal and Warehousing, City of Casey: 4.3% Information Media and Telecommunications, City of Casey: 1.5% Financial and Insurance Services, City of Casey: 4.1% Rental, Hiring and Real Estate Services, City of Casey: 3.7% Professional, Scientific and Technical Services, City of Casey: 4.0% Administrative and Support Services, City of Casey: 3.3% Public Administration and Safety, City of Casey: 3.6% Education and Training, City of Casey: 8.0% Health Care and Social Assistance, City of Casey: 11.9% Arts and Recreation Services, City of Casey: 1.8% Other Services, City of Casey: 2.9%
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 City of Casey in 2017/18 shows the three largest industries were:

  • Construction ($1,219 million or 18.5%)
  • Health Care and Social Assistance ($781 million or 11.9%)
  • Retail Trade ($774 million or 11.8%)

In combination these three industries accounted for $2,774 million in total or 42.2% of the total value added by industry in the City of Casey.

In comparison, the same 3 industries in Victoria accounted for 8.6% in Construction; 9.2% in Health Care and Social Assistance; and 6.0% in Retail Trade.

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

  • A larger percentage of value added by Construction (18.5% compared to 8.6%)
  • A larger percentage of value added by Retail Trade (11.8% compared to 6.0%)
  • A smaller percentage of value added by Financial and Insurance Services (4.1% compared to 11.6%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (4.0% 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, City of Casey: -$25.8 million Mining, City of Casey: +$1.7 million Manufacturing, City of Casey: -$12.5 million Electricity, Gas, Water and Waste Services, City of Casey: -$25.4 million Construction, City of Casey: +$480.2 million Wholesale Trade, City of Casey: +$30.8 million Retail Trade, City of Casey: +$208.9 million Accommodation and Food Services, City of Casey: +$50.7 million Transport, Postal and Warehousing, City of Casey: +$27.7 million Information Media and Telecommunications, City of Casey: +$38.1 million Financial and Insurance Services, City of Casey: +$61.4 million Rental, Hiring and Real Estate Services, City of Casey: +$69.3 million Professional, Scientific and Technical Services, City of Casey: +$52.0 million Administrative and Support Services, City of Casey: +$50.8 million Public Administration and Safety, City of Casey: +$31.1 million Education and Training, City of Casey: +$39.2 million Health Care and Social Assistance, City of Casey: +$239.4 million Arts and Recreation Services, City of Casey: +$33.6 million Other Services, City of Casey: +$24.5 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 the City of Casey increased by 1,375.8 million between 2012/13 and 2017/18.

The largest changes in the value added by industries between 2012/13 and 2017/18 in the City of Casey were for:

  • Construction (+$480 million)
  • Health Care and Social Assistance (+$239 million)
  • Retail Trade (+$209 million)
  • Rental, Hiring and Real Estate Services (+$69 million)

v18.09.24-1.0.0