City of Greater SheppartonEconomic profile
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City of Greater Shepparton

Value added

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

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 Greater Shepparton - Constant prices2016/172011/12Change
Industry
(Click rows to view sub-categories)
$m%Regional VIC%$m%Regional VIC%2011/12 to 2016/17
Agriculture, Forestry and Fishing409.913.415.4319.511.713.0+90.4
Mining4.40.12.17.80.33.5-3.5
Manufacturing333.910.99.1409.715.011.4-75.8
Electricity, Gas, Water and Waste Services359.511.74.7260.79.55.2+98.8
Construction233.77.69.0212.77.810.1+21.1
Wholesale Trade104.83.43.398.03.63.0+6.8
Retail Trade193.46.36.6183.06.76.3+10.3
Accommodation and Food Services65.42.13.158.02.12.9+7.4
Transport, Postal and Warehousing138.44.54.2111.94.14.0+26.5
Information Media and Telecommunications50.11.61.449.81.81.3+0.4
Financial and Insurance Services123.84.05.0123.14.54.9+0.6
Rental, Hiring and Real Estate Services53.91.82.347.51.72.1+6.4
Professional, Scientific and Technical Services119.43.94.1100.73.73.6+18.6
Administrative and Support Services80.32.62.764.82.42.5+15.6
Public Administration and Safety147.74.86.5115.64.26.1+32.2
Education and Training177.05.86.3185.36.86.9-8.3
Health Care and Social Assistance380.612.411.2307.111.29.7+73.5
Arts and Recreation Services16.20.51.013.20.51.1+3.0
Other Services70.92.32.171.32.62.3-0.5

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

Value added by industry sector 2016/17
Value added by industry sector 2016/17 Agriculture, Forestry and Fishing, Regional VIC: 15.4% Mining, Regional VIC: 2.1% Manufacturing, Regional VIC: 9.1% Electricity, Gas, Water and Waste Services, Regional VIC: 4.7% Construction, Regional VIC: 9.0% Wholesale Trade, Regional VIC: 3.3% Retail Trade, Regional VIC: 6.6% Accommodation and Food Services, Regional VIC: 3.1% Transport, Postal and Warehousing, Regional VIC: 4.2% Information Media and Telecommunications, Regional VIC: 1.4% Financial and Insurance Services, Regional VIC: 5.0% Rental, Hiring and Real Estate Services, Regional VIC: 2.3% Professional, Scientific and Technical Services, Regional VIC: 4.1% Administrative and Support Services, Regional VIC: 2.7% Public Administration and Safety, Regional VIC: 6.5% Education and Training, Regional VIC: 6.3% Health Care and Social Assistance, Regional VIC: 11.2% Arts and Recreation Services, Regional VIC: 1.0% Other Services, Regional VIC: 2.1% Agriculture, Forestry and Fishing, City of Greater Shepparton: 13.4% Mining, City of Greater Shepparton: 0.1% Manufacturing, City of Greater Shepparton: 10.9% Electricity, Gas, Water and Waste Services, City of Greater Shepparton: 11.7% Construction, City of Greater Shepparton: 7.6% Wholesale Trade, City of Greater Shepparton: 3.4% Retail Trade, City of Greater Shepparton: 6.3% Accommodation and Food Services, City of Greater Shepparton: 2.1% Transport, Postal and Warehousing, City of Greater Shepparton: 4.5% Information Media and Telecommunications, City of Greater Shepparton: 1.6% Financial and Insurance Services, City of Greater Shepparton: 4.0% Rental, Hiring and Real Estate Services, City of Greater Shepparton: 1.8% Professional, Scientific and Technical Services, City of Greater Shepparton: 3.9% Administrative and Support Services, City of Greater Shepparton: 2.6% Public Administration and Safety, City of Greater Shepparton: 4.8% Education and Training, City of Greater Shepparton: 5.8% Health Care and Social Assistance, City of Greater Shepparton: 12.4% Arts and Recreation Services, City of Greater Shepparton: 0.5% Other Services, City of Greater Shepparton: 2.3%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

Dominant groups

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%)

Change in value added by industry sector, 2011/12 to 2016/17
Change in value added by industry sector, 2011/12 to 2016/17 Agriculture, Forestry and Fishing, City of Greater Shepparton: +$90.4 million Mining, City of Greater Shepparton: -$3.5 million Manufacturing, City of Greater Shepparton: -$75.8 million Electricity, Gas, Water and Waste Services, City of Greater Shepparton: +$98.8 million Construction, City of Greater Shepparton: +$21.1 million Wholesale Trade, City of Greater Shepparton: +$6.8 million Retail Trade, City of Greater Shepparton: +$10.3 million Accommodation and Food Services, City of Greater Shepparton: +$7.4 million Transport, Postal and Warehousing, City of Greater Shepparton: +$26.5 million Information Media and Telecommunications, City of Greater Shepparton: +$0.4 million Financial and Insurance Services, City of Greater Shepparton: +$0.6 million Rental, Hiring and Real Estate Services, City of Greater Shepparton: +$6.4 million Professional, Scientific and Technical Services, City of Greater Shepparton: +$18.6 million Administrative and Support Services, City of Greater Shepparton: +$15.6 million Public Administration and Safety, City of Greater Shepparton: +$32.2 million Education and Training, City of Greater Shepparton: -$8.3 million Health Care and Social Assistance, City of Greater Shepparton: +$73.5 million Arts and Recreation Services, City of Greater Shepparton: +$3.0 million Other Services, City of Greater Shepparton: -$0.5 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

Emerging groups

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)

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