City of Greater Shepparton

Value added

In the City of Greater Shepparton, Health Care and Social Assistance most productive industry, generating $489 million in 2020/21.

Value added by industry is an indicator of business productivity in the City of Greater Shepparton. 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 Greater Shepparton’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
City of Greater Shepparton2020/212015/16Change
Industry$m%. Victoria$m%. Victoria2015/16 - 2020/21
Agriculture, Forestry and Fishing309.210.42.6360.711.72.9-51.5
Mining20.90.71.29.10.31.5+11.8
Manufacturing372.612.57.8335.410.99.1+37.2
Electricity, Gas, Water and Waste Services232.77.83.2354.611.53.5-121.9
Construction252.98.59.1204.46.79.0+48.5
Wholesale Trade94.53.26.0145.34.75.9-50.8
Retail Trade179.36.05.7195.06.35.8-15.7
Accommodation and Food Services51.61.72.060.72.02.3-9.1
Transport, Postal and Warehousing118.24.05.1184.66.06.0-66.4
Information Media and Telecommunications40.41.43.431.81.03.0+8.6
Financial and Insurance Services118.24.011.3119.33.911.1-1.1
Rental, Hiring and Real Estate Services47.71.63.152.21.73.3-4.5
Professional, Scientific and Technical Services121.54.19.8124.84.18.5-3.3
Administrative and Support Services81.52.74.288.12.94.1-6.6
Public Administration and Safety151.05.16.3145.14.75.6+5.9
Education and Training196.76.66.5193.36.36.4+3.4
Health Care and Social Assistance489.316.59.8375.512.28.5+113.8
Arts and Recreation Services10.30.31.213.90.51.3-3.6
Other Services81.62.71.877.02.52.1+4.6
Total industries2,970.0100.0100.03,070.7100.0100.0-100.7

Source: National Institute of Economic and Industry Research (NIEIR) ©2021. 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.
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Dominant groups

An analysis of the valued added by industry sectors in the City of Greater Shepparton in 2020/21 shows the three largest industries were:

  • Health Care and Social Assistance (489 million or 16.5%)
  • Manufacturing (373 million or 12.5%)
  • Agriculture, Forestry and Fishing (309 million or 10.4%)

In combination these three industries accounted for 1,171 million in total or 39.4% of the total value added by industry in the the City of Greater Shepparton.

In comparison, the same 3 industries in Victoria accounted for 9.8% in Health Care and Social Assistance; 7.8% in Manufacturing and 2.6% in Agriculture, Forestry and Fishing.

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

  • A larger percentage of value added by Agriculture, Forestry and Fishing (10.4% compared to 2.6%)
  • A smaller percentage of value added by Financial and Insurance Services (4.0% compared to 11.3%)
  • A larger percentage of value added by Health Care and Social Assistance (16.5% compared to 9.8%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (4.1% compared to 9.8%)

Emerging groups

The total value added by industry in the City of Greater Shepparton $decreased by -101 million between 2015/16 and 2020/21.

The largest changes in the value added by industries between 2015/16 and 2020/21 in the City of Greater Shepparton were for:

  • Health Care and Social Assistance (+$114 million)
  • Construction (+$48 million)
  • Manufacturing (+$37 million)
  • Mining (+$12 million)

City of Greater Shepparton

economic profile