City of Stonnington


In the City of Stonnington, Construction had the largest output by industry, generating $3,763 million in 2022/23.

Output by industry is a gross measure of the total sales of each industry sector in the City of Stonnington. It does not measure how productive each industry sector is at producing this output - which is measured by value added.

By comparing the output of each industry sector to a regional benchmark, you can clearly see the structure of the City of Stonnington’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 get the full picture how each industry sector contributes to the regional or state economy, output data should be viewed alongside the other industry characteristics in the Industry sector analysis section.

Detailed data notes about how the figures are derived can be found in the specific topic notes section.

The gross measure of output includes the value of all the inputs to each industry.

Data source

National Economics (NIEIR) - Modelled series

Current benchmark:
Comparison year:
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Output by industry sector
City of Stonnington2022/232016/17Change
Industry$m%. Victoria$m%. Victoria2016/17 - 2022/23
Agriculture, Forestry and Fishing46.60.22.835.10.22.8+11.6
Electricity, Gas, Water and Waste Services149.40.73.2108.40.63.7+40.9
Wholesale Trade464.42.34.7523.93.05.3-59.5
Retail Trade1,680.68.44.71,477.78.54.4+202.9
Accommodation and Food Services984.34.92.9809.94.72.5+174.4
Transport, Postal and Warehousing411.32.17.5173.71.06.5+237.6
Information Media and Telecommunications823.94.13.7675.73.93.0+148.2
Financial and Insurance Services1,
Rental, Hiring and Real Estate Services2,759.413.84.42,351.313.64.9+408.2
Professional, Scientific and Technical Services2,812.514.18.72,325.913.48.1+486.6
Administrative and Support Services859.84.33.3810.14.73.3+49.7
Public Administration and Safety366.81.84.3275.91.63.8+90.9
Education and Training619.43.13.8587.83.44.1+31.6
Health Care and Social Assistance1,723.18.66.71,450.58.45.8+272.7
Arts and Recreation Services350.31.81.8222.71.31.7+127.7
Other Services447.92.22.1437.12.52.0+10.9
Total industries19,961.6100.0100.017,333.7100.0100.0+2,627.9

Source: National Institute of Economic and Industry Research (NIEIR) ©2024. ©2023. Compiled and presented in by .id (informed decisions). Data are based on a 2020/21 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

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 output by industry sectors in the City of Stonnington in 2022/23 shows the three largest industries were:

  • Construction ($3,763 million or 18.9%)
  • Professional, Scientific and Technical Services ($2,812 million or 14.1%)
  • Rental, Hiring and Real Estate Services ($2,759 million or 13.8%)

In combination these three industries accounted for $9,335 million in total or 46.8% of the total output by total industry in the the City of Stonnington.

In comparison, the same 3 industries in Victoria accounted for 14.5% in Construction; 8.7% in Professional, Scientific and Technical Services and 4.4% in Rental, Hiring and Real Estate Services.

The major differences between output by industries of the City of Stonnington and Victoria were:

  • A smaller percentage of output by Manufacturing (2.4% compared to 12.1%)
  • A larger percentage of output by Rental, Hiring and Real Estate Services (13.8% compared to 4.4%)
  • A smaller percentage of output by Transport, Postal and Warehousing (2.1% compared to 7.5%)
  • A larger percentage of output by Professional, Scientific and Technical Services (14.1% compared to 8.7%)

Emerging groups

The total industry output in the City of Stonnington increased by $2,628 million between 2016/17 and 2022/23.

The largest changes in the output by industries between 2016/17 and 2022/23 in the City of Stonnington were for:

  • Professional, Scientific and Technical Services (+$487 million)
  • Rental, Hiring and Real Estate Services (+$408 million)
  • Financial and Insurance Services (+$276 million)
  • Health Care and Social Assistance (+$273 million)

City of Stonnington

economic profile