Grow South East (South East Metropolitan Region)Economic profile
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Town of Victoria Park

Value added

In Town of Victoria Park, Construction is the most productive industry, generating $858 million in 2018/19.

Value added by industry is an indicator of business productivity in Grow South East (South East Metropolitan Region). 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 Grow South East (South East Metropolitan Region)’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
Town of Victoria Park - Constant prices2018/192013/14Change
Industry
(Click rows to view sub-categories)
$m%Greater Perth%$m%Greater Perth%2013/14 to 2018/19
Agriculture, Forestry and Fishing3.50.11.14.70.11.2-1.1
Mining160.73.413.7129.42.811.4+31.3
Manufacturing189.24.07.3228.95.07.8-39.7
Electricity, Gas, Water and Waste Services130.22.82.4162.83.52.7-32.6
Construction858.318.210.0781.917.012.4+76.4
Wholesale Trade90.41.94.7120.02.65.1-29.7
Retail Trade135.22.94.7160.13.54.7-24.9
Accommodation and Food Services123.92.62.4136.53.02.5-12.6
Transport, Postal and Warehousing343.27.35.4163.13.65.9+180.0
Information Media and Telecommunications43.50.91.740.60.91.5+2.9
Financial and Insurance Services137.22.96.5153.43.36.4-16.2
Rental, Hiring and Real Estate Services159.43.43.3141.23.13.5+18.2
Professional, Scientific and Technical Services489.210.49.3416.69.19.5+72.6
Administrative and Support Services175.03.73.1242.35.34.0-67.3
Public Administration and Safety152.83.26.8139.23.06.0+13.6
Education and Training821.117.45.3925.820.25.3-104.6
Health Care and Social Assistance304.96.59.2231.25.07.2+73.7
Arts and Recreation Services312.16.60.8329.77.20.8-17.5
Other Services85.81.82.381.31.82.0+4.6

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. 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 2018/19
Value added by industry sector 2018/19 Agriculture, Forestry and Fishing, Greater Perth: 1.1% Mining, Greater Perth: 13.7% Manufacturing, Greater Perth: 7.3% Electricity, Gas, Water and Waste Services, Greater Perth: 2.4% Construction, Greater Perth: 10.0% Wholesale Trade, Greater Perth: 4.7% Retail Trade, Greater Perth: 4.7% Accommodation and Food Services, Greater Perth: 2.4% Transport, Postal and Warehousing, Greater Perth: 5.4% Information Media and Telecommunications, Greater Perth: 1.7% Financial and Insurance Services, Greater Perth: 6.5% Rental, Hiring and Real Estate Services, Greater Perth: 3.3% Professional, Scientific and Technical Services, Greater Perth: 9.3% Administrative and Support Services, Greater Perth: 3.1% Public Administration and Safety, Greater Perth: 6.8% Education and Training, Greater Perth: 5.3% Health Care and Social Assistance, Greater Perth: 9.2% Arts and Recreation Services, Greater Perth: 0.8% Other Services, Greater Perth: 2.3% Agriculture, Forestry and Fishing, Town of Victoria Park: 0.1% Mining, Town of Victoria Park: 3.4% Manufacturing, Town of Victoria Park: 4.0% Electricity, Gas, Water and Waste Services, Town of Victoria Park: 2.8% Construction, Town of Victoria Park: 18.2% Wholesale Trade, Town of Victoria Park: 1.9% Retail Trade, Town of Victoria Park: 2.9% Accommodation and Food Services, Town of Victoria Park: 2.6% Transport, Postal and Warehousing, Town of Victoria Park: 7.3% Information Media and Telecommunications, Town of Victoria Park: 0.9% Financial and Insurance Services, Town of Victoria Park: 2.9% Rental, Hiring and Real Estate Services, Town of Victoria Park: 3.4% Professional, Scientific and Technical Services, Town of Victoria Park: 10.4% Administrative and Support Services, Town of Victoria Park: 3.7% Public Administration and Safety, Town of Victoria Park: 3.2% Education and Training, Town of Victoria Park: 17.4% Health Care and Social Assistance, Town of Victoria Park: 6.5% Arts and Recreation Services, Town of Victoria Park: 6.6% Other Services, Town of Victoria Park: 1.8%
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the valued added by industry sectors in Town of Victoria Park in 2018/19 shows the three largest industries were:

  • Construction ($858 million or 18.2%)
  • Education and Training ($821 million or 17.4%)
  • Professional, Scientific and Technical Services ($489 million or 10.4%)

In combination these three industries accounted for $2,169 million in total or 46.0% of the total value added by industry in Town of Victoria Park.

In comparison, the same 3 industries in Greater Perth accounted for 10.0% in Construction; 5.3% in Education and Training; and 9.3% in Professional, Scientific and Technical Services.

The major differences between the value added by industries of Town of Victoria Park and Greater Perth were:

  • A larger percentage of value added by Education and Training (17.4% compared to 5.3%)
  • A larger percentage of value added by Construction (18.2% compared to 10.0%)
  • A larger percentage of value added by Arts and Recreation Services (6.6% compared to 0.8%)
  • A smaller percentage of value added by Mining (3.4% compared to 13.7%)

Change in value added by industry sector, 2013/14 to 2018/19
Change in value added by industry sector, 2013/14 to 2018/19 Agriculture, Forestry and Fishing, Town of Victoria Park: -$1.1 million Mining, Town of Victoria Park: +$31.3 million Manufacturing, Town of Victoria Park: -$39.7 million Electricity, Gas, Water and Waste Services, Town of Victoria Park: -$32.6 million Construction, Town of Victoria Park: +$76.4 million Wholesale Trade, Town of Victoria Park: -$29.7 million Retail Trade, Town of Victoria Park: -$24.9 million Accommodation and Food Services, Town of Victoria Park: -$12.6 million Transport, Postal and Warehousing, Town of Victoria Park: +$180.0 million Information Media and Telecommunications, Town of Victoria Park: +$2.9 million Financial and Insurance Services, Town of Victoria Park: -$16.2 million Rental, Hiring and Real Estate Services, Town of Victoria Park: +$18.2 million Professional, Scientific and Technical Services, Town of Victoria Park: +$72.6 million Administrative and Support Services, Town of Victoria Park: -$67.3 million Public Administration and Safety, Town of Victoria Park: +$13.6 million Education and Training, Town of Victoria Park: -$104.6 million Health Care and Social Assistance, Town of Victoria Park: +$73.7 million Arts and Recreation Services, Town of Victoria Park: -$17.5 million Other Services, Town of Victoria Park: +$4.6 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts

Emerging groups

The total value added by industry in Town of Victoria Park increased by 126.9 million between 2013/14 and 2018/19.

The largest changes in the value added by industries between 2013/14 and 2018/19 in Town of Victoria Park were for:

  • Transport, Postal and Warehousing (+$180 million)
  • Education and Training (-$105 million)
  • Construction (+$76 million)
  • Health Care and Social Assistance (+$74 million)

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