City of Stonnington
In the City of Stonnington, Rental, Hiring and Real Estate Services had the largest output by industry, generating $5,310 million in 2017/18.
Output by industry is a gross measure of the total sales of each industry sector in City of Stonnington. It does not measure how productive each industry sector is at producing this output - which is measured by value added.
By comparing the output of each industry sector to a regional benchmark, you can clearly see the structure of City of Stonnington’s economy. This can be done by directly comparing the percentage contribution of each industry to the total output, relative to the benchmark, or by using a location quotient, where a number greater than one indicates a high concentration of that industry and less than one indicates a lower concentration.
To get the full picture how each industry sector contributes to the regional or state economy, output data should be viewed alongside the other industry characteristics in the Industry sector analysis section.
Detailed data notes about how the figures are derived can be found in the specific topic notes section.
The gross measure of output includes the value of all the inputs to each industry.
National Economics (NIEIR) - Modelled series
|Output by industry sector|
|City of Stonnington - Constant prices||2017/18||2004/05||Change|
|Industry (Click rows to view sub-categories)||$m||%||Victoria%||$m||%||Victoria%||2004/05 to 2017/18|
|Agriculture, Forestry and Fishing||35.6||0.2||2.4||20.3||0.1||2.4||+15.3||23000||P|
|Electricity, Gas, Water and Waste Services||110.0||0.6||3.5||249.5||1.7||4.8||-139.5||23300||P|
|Accommodation and Food Services||795.8||4.3||2.7||605.6||4.2||2.5||+190.2||23700||P|
|Transport, Postal and Warehousing||158.5||0.9||5.8||299.1||2.1||7.4||-140.5||23800||P|
|Information Media and Telecommunications||822.9||4.4||3.9||488.6||3.4||2.6||+334.3||23900||P|
|Financial and Insurance Services||917.5||4.9||8.5||827.2||5.8||6.5||+90.3||24000||P|
|Rental, Hiring and Real Estate Services||5,310.4||28.6||10.8||4,198.2||29.4||12.1||+1,112.2||24100||P|
|Professional, Scientific and Technical Services||2,082.0||11.2||8.1||1,306.4||9.1||5.8||+775.7||24200||P|
|Administrative and Support Services||655.4||3.5||3.0||497.5||3.5||2.9||+157.9||24300||P|
|Public Administration and Safety||300.6||1.6||4.0||234.2||1.6||4.2||+66.4||24400||P|
|Education and Training||499.4||2.7||3.7||507.6||3.6||3.4||-8.2||24500||P|
|Health Care and Social Assistance||1,298.3||7.0||5.3||715.8||5.0||3.4||+582.5||24600||P|
|Arts and Recreation Services||206.9||1.1||1.7||205.2||1.4||1.7||+1.7||24700||P|
Source: National Institute of Economic and Industry Research (NIEIR) (opens a new window) ©2018. Compiled and presented in economy.id by .id (opens a new window), the population experts.
Data are based on a 2016-17 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 output by industry sectors in City of Stonnington in 2017/18 shows the three largest industries were:
- Rental, Hiring and Real Estate Services (5,310 million or 28.6%)
- Construction (2,525 million or 13.6%)
- Professional, Scientific and Technical Services (2,082 million or 11.2%)
In combination these three industries accounted for $9,917 million in total or 53.4% of the total output by total industry in the City of Stonnington.
In comparison, the same 3 industries in Victoria accounted for 10.8% in Rental, Hiring and Real Estate Services; 12.5% in Construction; and 8.1% in Professional, Scientific and Technical Services.
The major differences between output by industries in the City of Stonnington and Victoria were:
- A larger percentage of output by Rental, Hiring and Real Estate Services (28.6% compared to 10.8%)
- A smaller percentage of output by Manufacturing (2.3% compared to 11.9%)
- A smaller percentage of output by Transport, Postal and Warehousing (0.9% compared to 5.8%)
- A smaller percentage of output by Financial and Insurance Services (4.9% compared to 8.5%)
The total industry output in the City of Stonnington increased by $4,290.4 million between 2004/05 and 2017/18.
The largest changes in the output by industries between 2004/05 and 2017/18 in the City of Stonnington were for:
- Rental, Hiring and Real Estate Services (+$1,112 million)
- Construction (+$995 million)
- Professional, Scientific and Technical Services (+$776 million)
- Health Care and Social Assistance (+$583 million)