Nillumbik Shire

Value added

In Nillumbik Shire, Health Care and Social Assistance most productive industry, generating $224 million in 2022/23.

Value added by industry is an indicator of business productivity in Nillumbik Shire. 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 Nillumbik Shire’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:
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Value added by industry sector
Nillumbik Shire2022/232017/18Change
Industry$m%. Victoria$m%. Victoria2017/18 - 2022/23
Agriculture, Forestry and Fishing19.71.32.527.21.82.9-7.4
Electricity, Gas, Water and Waste Services21.51.42.528.82.02.9-7.3
Wholesale Trade58.23.85.360.34.16.0-2.1
Retail Trade88.35.75.7103.37.05.8-15.1
Accommodation and Food Services58.83.82.553.43.62.3+5.3
Transport, Postal and Warehousing36.02.35.845.63.15.9-9.6
Information Media and Telecommunications26.31.73.518.21.23.0+8.1
Financial and Insurance Services74.04.810.472.64.910.4+1.4
Rental, Hiring and Real Estate Services67.
Professional, Scientific and Technical Services207.613.510.4166.911.39.1+40.6
Administrative and Support Services82.35.34.871.14.84.4+11.1
Public Administration and Safety101.66.65.983.05.65.4+18.6
Education and Training176.011.46.1156.710.76.1+19.2
Health Care and Social Assistance224.414.510.6173.511.88.9+50.9
Arts and Recreation Services32.
Other Services48.43.11.760.44.12.0-11.9
Total industries1,542.6100.0100.01,471.4100.0100.0+71.2

Source: National Institute of Economic and Industry Research (NIEIR) ©2023. Compiled and presented in 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.
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Dominant groups

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

  • Health Care and Social Assistance (224 million or 14.5%)
  • Professional, Scientific and Technical Services (208 million or 13.5%)
  • Education and Training (176 million or 11.4%)

In combination these three industries accounted for 608 million in total or 39.4% of the total value added by industry in the Nillumbik Shire.

In comparison, the same 3 industries in Victoria accounted for 10.6% in Health Care and Social Assistance; 10.4% in Professional, Scientific and Technical Services and 6.1% in Education and Training.

The major differences between the value added by industries of Nillumbik Shire and Victoria were:

  • A smaller percentage of value added by Financial and Insurance Services (4.8% compared to 10.4%)
  • A larger percentage of value added by Education and Training (11.4% compared to 6.1%)
  • A larger percentage of value added by Health Care and Social Assistance (14.5% compared to 10.6%)
  • A smaller percentage of value added by Transport, Postal and Warehousing (2.3% compared to 5.8%)

Emerging groups

The total value added by industry in Nillumbik Shire $increased by 71 million between 2017/18 and 2022/23.

The largest changes in the value added by industries between 2017/18 and 2022/23 in Nillumbik Shire were for:

  • Health Care and Social Assistance (+$51 million)
  • Professional, Scientific and Technical Services (+$41 million)
  • Education and Training (+$19 million)
  • Public Administration and Safety (+$19 million)

Nillumbik Shire

economic profile