City of Melton

Value added

In the City of Melton, Construction most productive industry, generating $1,569 million in 2021/22.

Value added by industry is an indicator of business productivity in the City of Melton. 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 Melton’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:
reset
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 Melton2021/222016/17Change
Industry$m%. Victoria$m%. Victoria2016/17 - 2021/22
Agriculture, Forestry and Fishing44.50.92.929.61.02.8+14.9
Mining19.60.40.914.30.51.2+5.3
Manufacturing186.93.67.9159.45.18.9+27.5
Electricity, Gas, Water and Waste Services45.90.92.926.20.83.3+19.7
Construction1,569.130.69.4867.827.99.0+701.4
Wholesale Trade257.25.05.6221.67.16.3+35.6
Retail Trade418.98.25.9264.98.55.9+154.1
Accommodation and Food Services112.42.22.090.42.92.3+22.0
Transport, Postal and Warehousing371.37.25.3174.55.66.0+196.8
Information Media and Telecommunications74.41.53.325.10.83.0+49.2
Financial and Insurance Services148.82.911.0114.03.711.0+34.8
Rental, Hiring and Real Estate Services256.25.03.292.23.03.3+164.0
Professional, Scientific and Technical Services152.33.010.094.73.08.9+57.6
Administrative and Support Services157.63.14.599.63.24.3+58.1
Public Administration and Safety399.67.86.0246.77.95.5+152.9
Education and Training407.47.96.2257.98.36.4+149.5
Health Care and Social Assistance373.77.310.1227.47.38.5+146.4
Arts and Recreation Services36.50.71.229.61.01.2+6.9
Other Services94.41.81.876.22.42.1+18.3
Total industries5,126.7100.0100.03,111.9100.0100.0+2,014.8

Source: National Institute of Economic and Industry Research (NIEIR) ©2023. 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.
loading animation
loading animation

Dominant groups

An analysis of the valued added by industry sectors in the City of Melton in 2021/22 shows the three largest industries were:

  • Construction (1,569 million or 30.6%)
  • Retail Trade (419 million or 8.2%)
  • Education and Training (407 million or 7.9%)

In combination these three industries accounted for 2,395 million in total or 46.7% of the total value added by industry in the the City of Melton.

In comparison, the same 3 industries in Victoria accounted for 9.4% in Construction; 5.9% in Retail Trade and 6.2% in Education and Training.

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

  • A larger percentage of value added by Construction (30.6% compared to 9.4%)
  • A smaller percentage of value added by Financial and Insurance Services (2.9% compared to 11.0%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (3.0% compared to 10.0%)
  • A smaller percentage of value added by Manufacturing (3.6% compared to 7.9%)

Emerging groups

The total value added by industry in the City of Melton $increased by 2,015 million between 2016/17 and 2021/22.

The largest changes in the value added by industries between 2016/17 and 2021/22 in the City of Melton were for:

  • Construction (+$701 million)
  • Transport, Postal and Warehousing (+$197 million)
  • Rental, Hiring and Real Estate Services (+$164 million)
  • Retail Trade (+$154 million)

City of Melton

economic profile