City of Greater Shepparton
In the City of Greater Shepparton, Agriculture, Forestry and Fishing is the most productive industry, generating $410 million in 2016/17.
Value added by industry is an indicator of business productivity in City of Greater Shepparton. It shows how productive each industry sector is at increasing the value of its inputs. It is a more refined measure of the productivity of an industry sector than output (total gross revenue), as some industries have high levels of output but require large amounts of input expenditure to achieve that.
By comparing the value added of each industry sector to a regional benchmark, you can clearly see the structure of City of Greater Shepparton’s economy. This can be done by directly comparing the percentage contribution of each industry to the total output, relative to the benchmark, or by using a location quotient, where a number greater than one indicates a high concentration of that industry and less than one indicates a lower concentration.
To see what contribution each industry makes to the state or region, see the Industry sector analysis section. To understand the value of a worker in each industry, view this dataset in conjunction with Worker productivity data, and to see the relationship of value added to the total size of the economy, go to the Gross Regional Product section.
Detailed notes about how the figures are derived can be found in the specific topic notes section.
National Economics (NIEIR) - Modelled series
|Value added by industry sector|
|City of Greater Shepparton - Constant prices||2016/17||2011/12||Change|
|Industry (Click rows to view sub-categories)||$m||%||Regional VIC%||$m||%||Regional VIC%||2011/12 to 2016/17|
|Agriculture, Forestry and Fishing||409.9||13.4||15.4||319.5||11.7||13.0||+90.4||23000||P|
|Electricity, Gas, Water and Waste Services||359.5||11.7||4.7||260.7||9.5||5.2||+98.8||23300||P|
|Accommodation and Food Services||65.4||2.1||3.1||58.0||2.1||2.9||+7.4||23700||P|
|Transport, Postal and Warehousing||138.4||4.5||4.2||111.9||4.1||4.0||+26.5||23800||P|
|Information Media and Telecommunications||50.1||1.6||1.4||49.8||1.8||1.3||+0.4||23900||P|
|Financial and Insurance Services||123.8||4.0||5.0||123.1||4.5||4.9||+0.6||24000||P|
|Rental, Hiring and Real Estate Services||53.9||1.8||2.3||47.5||1.7||2.1||+6.4||24100||P|
|Professional, Scientific and Technical Services||119.4||3.9||4.1||100.7||3.7||3.6||+18.6||24200||P|
|Administrative and Support Services||80.3||2.6||2.7||64.8||2.4||2.5||+15.6||24300||P|
|Public Administration and Safety||147.7||4.8||6.5||115.6||4.2||6.1||+32.2||24400||P|
|Education and Training||177.0||5.8||6.3||185.3||6.8||6.9||-8.3||24500||P|
|Health Care and Social Assistance||380.6||12.4||11.2||307.1||11.2||9.7||+73.5||24600||P|
|Arts and Recreation Services||16.2||0.5||1.0||13.2||0.5||1.1||+3.0||24700||P|
Source: National Institute of Economic and Industry Research (NIEIR) (opens a new window) ©2016. Compiled and presented in economy.id by .id (opens a new window), 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
An analysis of the valued added by industry sectors in City of Greater Shepparton in 2016/17 shows the three largest industries were:
- Agriculture, Forestry and Fishing ($410 million or 13.4%)
- Health Care and Social Assistance ($381 million or 12.4%)
- Electricity, Gas, Water and Waste Services ($359 million or 11.7%)
In combination these three industries accounted for $1,150 million in total or 37.5% of the total value added by industry in the City of Greater Shepparton.
In comparison, the same 3 industries in Regional VIC accounted for 15.4% in Agriculture, Forestry and Fishing; 11.2% in Health Care and Social Assistance; and 4.7% in Electricity, Gas, Water and Waste Services.
The major differences between the value added by industries of the City of Greater Shepparton and Regional VIC were:
- A larger percentage of value added by Electricity, Gas, Water and Waste Services (11.7% compared to 4.7%)
- A larger percentage of value added by Manufacturing (10.9% compared to 9.1%)
- A smaller percentage of value added by Mining (0.1% compared to 2.1%)
- A smaller percentage of value added by Agriculture, Forestry and Fishing (13.4% compared to 15.4%)
The total value added by industry in the City of Greater Shepparton increased by 323.4 million between 2011/12 and 2016/17.
The largest changes in the value added by industries between 2011/12 and 2016/17 in the City of Greater Shepparton were for:
- Electricity, Gas, Water and Waste Services (+$99 million)
- Agriculture, Forestry and Fishing (+$90 million)
- Manufacturing (-$76 million)
- Health Care and Social Assistance (+$73 million)