Hobsons Bay City

Output

In Hobsons Bay City, Manufacturing had the largest output by industry, generating $2,652 million in 2021/22.

Output by industry is a gross measure of the total sales of each industry sector in Hobsons Bay City. It does not measure how productive each industry sector is at producing this output - which is measured by value added.

By comparing the output of each industry sector to a regional benchmark, you can clearly see the structure of Hobsons Bay City’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 get the full picture how each industry sector contributes to the regional or state economy, output data should be viewed alongside the other industry characteristics in the Industry sector analysis section.

Detailed data notes about how the figures are derived can be found in the specific topic notes section.

The gross measure of output includes the value of all the inputs to each industry.

Data source

National Economics (NIEIR) - Modelled series

Current benchmark:
Comparison year:
reset
Did you know? By clicking/tapping on a data row in the table you will be able to see sub categories.
Output by industry sector
Hobsons Bay City2021/222016/17Change
Industry$m%. Victoria$m%. Victoria2016/17 - 2021/22
Agriculture, Forestry and Fishing39.40.33.745.00.43.0-5.6
Mining45.50.40.733.60.31.1+11.9
Manufacturing2,651.823.212.83,717.232.413.6-1,065.4
Electricity, Gas, Water and Waste Services330.22.93.5309.42.73.8+20.8
Construction2,135.618.714.81,615.614.113.7+520.0
Wholesale Trade712.46.24.6739.66.45.4-27.1
Retail Trade587.25.14.6425.03.74.6+162.2
Accommodation and Food Services208.81.82.0196.81.72.3+12.0
Transport, Postal and Warehousing1,538.213.55.11,566.513.75.8-28.3
Information Media and Telecommunications154.11.33.982.20.73.4+71.9
Financial and Insurance Services271.62.48.9244.32.18.7+27.3
Rental, Hiring and Real Estate Services498.84.44.3415.53.64.6+83.3
Professional, Scientific and Technical Services455.14.08.8365.63.28.3+89.5
Administrative and Support Services319.62.83.3281.62.53.4+38.0
Public Administration and Safety364.33.24.8457.24.04.3-93.0
Education and Training296.12.64.3265.12.34.6+31.1
Health Care and Social Assistance444.53.96.6369.83.26.0+74.7
Arts and Recreation Services153.31.31.6119.81.01.6+33.5
Other Services222.21.91.7219.71.91.9+2.5
Total industries11,428.6100.0100.011,469.2100.0100.0-40.6

Source: National Institute of Economic and Industry Research (NIEIR) ©2023. ©2023. Compiled and presented in economy.id by .id (informed decisions). Data are based on a 2020/21 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

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.
loading animation
loading animation

Dominant groups

An analysis of the output by industry sectors in Hobsons Bay City in 2021/22 shows the three largest industries were:

  • Manufacturing ($2,652 million or 23.2%)
  • Construction ($2,136 million or 18.7%)
  • Transport, Postal and Warehousing ($1,538 million or 13.5%)

In combination these three industries accounted for $6,326 million in total or 55.3% of the total output by total industry in the Hobsons Bay City.

In comparison, the same 3 industries in Victoria accounted for 12.8% in Manufacturing; 14.8% in Construction and 5.1% in Transport, Postal and Warehousing.

The major differences between output by industries of Hobsons Bay City and Victoria were:

  • A larger percentage of output by Manufacturing (23.2% compared to 12.8%)
  • A larger percentage of output by Transport, Postal and Warehousing (13.5% compared to 5.1%)
  • A smaller percentage of output by Financial and Insurance Services (2.4% compared to 8.9%)
  • A smaller percentage of output by Professional, Scientific and Technical Services (4.0% compared to 8.8%)

Emerging groups

The total industry output in Hobsons Bay City decreased by $-41 million between 2016/17 and 2021/22.

The largest changes in the output by industries between 2016/17 and 2021/22 in Hobsons Bay City were for:

  • Construction (+$520 million)
  • Retail Trade (+$162 million)
  • Professional, Scientific and Technical Services (+$90 million)
  • Rental, Hiring and Real Estate Services (+$83 million)

Hobsons Bay City

economic profile