City of Casey

Value added

In the City of Casey, Construction most productive industry, generating $1,268 million in 2020/21.

Value added by industry is an indicator of business productivity in the 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 the 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 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
City of Casey2020/212015/16Change
Industry$m%. Victoria$m%. Victoria2015/16 - 2020/21
Agriculture, Forestry and Fishing182.92.42.6174.92.72.9+8.0
Mining8.30.11.28.70.11.5-0.3
Manufacturing477.76.27.8504.47.79.1-26.7
Electricity, Gas, Water and Waste Services98.61.33.296.51.53.5+2.2
Construction1,268.416.49.11,175.818.09.0+92.6
Wholesale Trade749.69.76.0423.36.55.9+326.3
Retail Trade873.811.35.7710.710.95.8+163.1
Accommodation and Food Services168.22.22.0197.63.02.3-29.4
Transport, Postal and Warehousing275.83.65.1320.54.96.0-44.7
Information Media and Telecommunications99.41.33.477.61.23.0+21.8
Financial and Insurance Services277.23.611.3243.23.711.1+34.0
Rental, Hiring and Real Estate Services224.12.93.1236.03.63.3-11.9
Professional, Scientific and Technical Services287.83.79.8258.84.08.5+29.0
Administrative and Support Services265.33.44.2248.33.84.1+16.9
Public Administration and Safety264.03.46.3246.33.85.6+17.7
Education and Training809.910.56.5575.08.86.4+234.9
Health Care and Social Assistance1,079.713.99.8733.311.28.5+346.3
Arts and Recreation Services137.01.81.285.91.31.3+51.1
Other Services193.02.51.8202.63.12.1-9.6
Total industries7,740.7100.0100.06,519.4100.0100.0+1,221.3

Source: National Institute of Economic and Industry Research (NIEIR) ©2021. Compiled and presented in economy.id 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 the City of Casey in 2020/21 shows the three largest industries were:

  • Construction (1,268 million or 16.4%)
  • Health Care and Social Assistance (1,080 million or 13.9%)
  • Retail Trade (874 million or 11.3%)

In combination these three industries accounted for 3,222 million in total or 41.6% of the total value added by industry in the the City of Casey.

In comparison, the same 3 industries in Victoria accounted for 9.1% in Construction; 9.8% in Health Care and Social Assistance and 5.7% in Retail Trade.

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

  • A smaller percentage of value added by Financial and Insurance Services (3.6% compared to 11.3%)
  • A larger percentage of value added by Construction (16.4% compared to 9.1%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (3.7% compared to 9.8%)
  • A larger percentage of value added by Retail Trade (11.3% compared to 5.7%)

Emerging groups

The total value added by industry in the City of Casey $increased by 1,221 million between 2015/16 and 2020/21.

The largest changes in the value added by industries between 2015/16 and 2020/21 in the City of Casey were for:

  • Health Care and Social Assistance (+$346 million)
  • Wholesale Trade (+$326 million)
  • Education and Training (+$235 million)
  • Retail Trade (+$163 million)

City of Casey

economic profile