Local sales by industry measures the output of local industries that is sold locally. This includes sales to local consumers, businesses and other organisations.
To get the full picture how each industry sector contributes to the regional or state economy, local sales data should be viewed alongside the other industry characteristics in the Industry sector analysis section.
Detailed notes about how the figures are derived can be found in the specific topic notes section.
National Economics (NIEIR) - Modelled series
|Local sales by industry sector|
|City of Greater Geelong - Constant prices||2020/21||2015/16||Change|
|Industry||$m||%||Victoria||$m||%||Victoria||2015/16 - 2020/21|
|Agriculture, Forestry and Fishing||334.1||1.5||2.1||281.8||1.6||2.0||+52.3|
|Electricity, Gas, Water and Waste Services||896.2||4.1||3.0||723.8||4.1||3.4||+172.4|
|Accommodation and Food Services||481.3||2.2||2.2||494.6||2.8||2.5||-13.2|
|Transport, Postal and Warehousing||824.2||3.8||4.3||803.8||4.6||4.7||+20.4|
|Information Media and Telecommunications||277.4||1.3||3.0||224.4||1.3||2.4||+53.0|
|Financial and Insurance Services||1,365.1||6.2||6.9||972.0||5.5||6.4||+393.1|
|Rental, Hiring and Real Estate Services||1,556.6||7.1||11.7||1,595.6||9.1||13.2||-39.0|
|Professional, Scientific and Technical Services||1,192.4||5.4||8.8||1,010.5||5.8||8.0||+181.9|
|Administrative and Support Services||584.6||2.7||3.7||506.7||2.9||3.9||+77.8|
|Public Administration and Safety||1,288.5||5.9||4.1||839.8||4.8||3.7||+448.7|
|Education and Training||1,161.1||5.3||4.0||972.9||5.6||3.9||+188.2|
|Health Care and Social Assistance||1,978.9||9.0||6.6||1,516.9||8.7||6.0||+462.0|
|Arts and Recreation Services||225.4||1.0||1.2||228.9||1.3||1.2||-3.5|
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. .id (informed decisions). Data are based on a 2017-18 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
An analysis of the local sales by industry sectors in the City of Greater Geelong in 2020/21 shows the three largest industries were:
- Construction ($5,742million or 26.2%)
- Health Care and Social Assistance ($1,979million or 9.0%)
- Manufacturing ($1,657million or 7.6%)
In combination these three industries accounted for $9,378 million in total or 42.8% of the total local sales by total industry in the the City of Greater Geelong.
In comparison, the same 3 industries in Victoria accounted for 21.0% in Construction; 6.6% in Health Care and Social Assistance and 6.6% in Manufacturing.
The major differences between local sales by industries of the City of Greater Geelong and Victoria were:
- A larger percentage of local sales by Construction (26.2% compared to 21.0%)
- A smaller percentage of local sales by Rental, Hiring and Real Estate Services (7.1% compared to 11.7%)
- A smaller percentage of local sales by Professional, Scientific and Technical Services (5.4% compared to 8.8%)
- A larger percentage of local sales by Health Care and Social Assistance (9.0% compared to 6.6%)
The total local sales by industry in the City of Greater Geelong $increased by 4,412 million between 2015/16 and 2020/21.
The largest changes in the local sales by industries between 2015/16 and 2020/21 in the City of Greater Geelong were for:
- Construction (+$1,940 million)
- Health Care and Social Assistance (+$462 million)
- Public Administration and Safety (+$449 million)
- Financial and Insurance Services (+$393 million)