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City of Monash

Industry sector analysis - All industries

In 2016/17, the City of Monash contributed 5.2% of Greater Melbourne’s employment and 5.0% of its value added.

Industry sector profiles reveal the way in which each industry contributes to the economy in the City of Monash using ten economic measures generated by NIEIR economic modelling. This helps in understanding the role each industry sector plays in the economy.

For example, some industry sectors generate substantial output (turnover), but are not big employers and targeting those industry sectors may not meet the economic development objective of maximising employment.

In the first chart, you can also see how the output of an industry is divided between local sales, domestic exports and international exports. This information can reveal how an industry is structured, and whether it is focused on exporting or on serving the local population.

The table and second chart also show how the City of Monash contributes to the wider economy. For example, the City of Monash contributes 5.2% of Greater Melbourne’s employment.

Industry sector analysis data should be viewed in conjunction with Employment by industry (Total), Employment by industry (FTE), Value added, Imports and Exports to see how each specific industry fits into the wider picture of all industries within the City of Monash. To see how concentrated each industry sector is, visit the Employment locations section.

The third chart refers to how employment in the City of Monash has changed overtime and how it compares to expected changes based on benchmark and industry trends. This type of analysis is explored further within the Shift-share analysis economic tool.”

National Economics (NIEIR) - Modelled series

Industry sector analysis
City of Monash - All industries - Constant prices2016/172011/12Change
Economic measureCity of MonashGreater MelbourneCity of Monash as a % of Greater MelbourneCity of MonashGreater MelbourneCity of Monash as a % of Greater Melbourne2011/12 to 2016/17
Employment (total)129,8642,498,7065.2%116,5592,215,1135.3%+13,305
Employment (FTE)110,6802,106,3445.3%100,7251,889,6975.3%+9,955
FTE to total employment ratio0.850.84--0.860.85---0.01
Output/Total Sales ($m)31,006.25633,228.664.9%26,627.99542,309.544.9%+4,378.26
Value add ($m)13,931.13280,334.705.0%11,792.68237,037.725.0%+2,138.44
Exports ($m)11,296.42226,207.545.0%9,571.82201,368.964.8%+1,724.60
Exports (domestic) ($m)8,859.74189,898.144.7%7,445.41170,207.124.4%+1,414.33
Exports (international) ($m)2,436.6736,309.406.7%2,126.4131,161.846.8%+310.26
Imports($m)8,003.48219,241.223.7%7,641.31187,584.524.1%+362.17
Imports (domestic) ($m)4,377.23144,505.633.0%4,561.44126,201.953.6%-184.21
Imports (international) ($m)3,626.2574,735.594.9%3,079.8761,382.575.0%+546.38
Local Sales ($m)19,736.19407,625.884.8%17,074.29341,353.425.0%+2,661.90
Worker productivity ($ per worker)107,275112,192--101,173107,009--+6,101

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Data are based on a 2015-16 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

Economic output by destination
Economic output by destination City of Monash, Local Sales: 63.6% City of Monash, Exports (international): 7.9% City of Monash, Exports (domestic): 28.5% Greater Melbourne, Local Sales: 64.3% Greater Melbourne, Exports (international): 5.7% Greater Melbourne, Exports (domestic): 30.0%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Industry contribution to Greater Melbourne 2016/17
Industry contribution to Greater Melbourne 2016/17 Employment (total), City of Monash - All industries: 5.2% Employment (FTE), City of Monash - All industries: 5.3% Output/Total Sales ($m), City of Monash - All industries: 4.9% Value add ($m), City of Monash - All industries: 5.0% Exports ($m), City of Monash - All industries: 5.0% Exports (domestic) ($m), City of Monash - All industries: 4.7% Exports (international) ($m), City of Monash - All industries: 6.7% Imports($m), City of Monash - All industries: 3.7% Imports (domestic) ($m), City of Monash - All industries: 3.0% Imports (international) ($m), City of Monash - All industries: 4.9% Local Sales ($m), City of Monash - All industries: 4.8%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Shift-share analysis for Employment (Total) 2011/12 to 2016/17
Shift-share analysis for Employment (Total) 2011/12 to 2016/17 Net change in Benchmark Growth (BG) effect, City of Monash relative to Greater Melbourne: 14,922.7 Net change in Industry Mix (IM) effect, City of Monash relative to Greater Melbourne: 0.0 Net change in Expected change (BG + IM), City of Monash relative to Greater Melbourne: 14,922.7 Net change in Actual change, City of Monash relative to Greater Melbourne: 13,304.8 Net change in Regional Competitive (RC) effect, City of Monash relative to Greater Melbourne: -1,617.9
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
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