Town of Victoria Park

Location quotient by industry

In 2018/19, Arts and Recreation Services was a major specialisation in the Town of Victoria Park in terms of International Export.

The location quotient is a simple way of seeing which are the main industries in an area, relative to the wider region. LQ shows the percentage of the local economy characteristic (eg. employment, value add) in a particular industry divided by the percentage of the wider area (region, state, nation) that this industry makes up.

  • Where LQ=1, that industry is exactly as prevalent as in the wider region.
  • A LQ greater than 1.2 indicates a significant specialisation of the industry in the local area – possibly a key economic strength. Higher numbers mean greater specialisations. Anything over 2 is a major specialisation.
  • A LQ between 0.8 and 1.2 means the industry is broadly similar in importance in the local area compared to the comparison region and could be seen as representative.
  • An LQ under 0.8 indicates an industry which is more important in the region than the local area, and may represent an economic weakness or opportunity for growth.

LQs should be analysed in combination with the proportional economic share that industry represents. For example, an industry with an LQ of 2 reveals a specialisation but if that industry only represents 3% of the local economy, it may not be significant. Compare with the figures on the Employment by industry (Total), Employment by industry (FTE), Value added pages for this context. National Economics (NIEIR) - Modelled series

Data source

National Economics (NIEIR) - Modelled series

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Location quotient
Town of Victoria Park - International Export2018/192013/14Change
Industry (Click rows to view sub-categories)%. Western Australia%Location Quotient Western Australia%. Western Australia%Location Quotien Western Australia2018/19 - 2013/14
Agriculture, Forestry and Fishing0.13.70.030.24.70.04-0.22
Mining14.268.00.2114.260.90.23-0.11
Manufacturing25.918.01.4437.222.41.66-0.13
Electricity, Gas, Water and Waste Services0.20.06.060.30.05.91+0.03
Construction1.10.26.021.30.43.10+0.94
Wholesale Trade2.52.01.273.72.51.50-0.16
Retail Trade1.80.62.871.40.72.10+0.37
Accommodation and Food Services5.31.05.176.61.35.00+0.03
Transport, Postal and Warehousing11.54.22.704.04.60.86+2.15
Information Media and Telecommunications0.50.22.300.50.22.08+0.10
Financial and Insurance Services0.40.22.310.50.22.16+0.07
Rental, Hiring and Real Estate Services1.30.34.171.20.43.22+0.29
Professional, Scientific and Technical Services2.30.45.892.80.64.35+0.35
Administrative and Support Services0.10.04.980.20.05.26-0.05
Public Administration and Safety0.10.01.870.10.11.72+0.09
Education and Training25.90.831.2518.30.726.50+0.18
Health Care and Social Assistance0.10.12.360.10.11.89+0.25
Arts and Recreation Services6.50.145.157.40.239.57+0.14
Other Services0.20.04.020.20.03.66+0.10
Total Industries1001001.00100100+1.000

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. Compiled and presented in economy.id by .id the population experts. NIEIR-ID data are adjusted each year, using updated employment estimates. Each release may change previous years’ figures. Learn more

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Dominant groups

A location quotient of greater than 1.2 is generally considered a level of industry specialisation, while a LQ of 0.8 or less indicates an industry which doesn’t have a major presence in the area.

An analysis of international export in the Town of Victoria Park in 2018/19 shows the three industries with the highest location quotient relative to Western Australia were:

  • Arts and Recreation Services (45.2 )
  • Education and Training (31.2 )
  • Electricity, Gas, Water and Waste Services (6.1 )

The three industries with the lowest location quotient relative to Western Australia were:

  • Wholesale Trade (1.3 )
  • Mining (0.2 )
  • Agriculture, Forestry and Fishing (0.0 )

Emerging groups

Changes in location quotients over time reveal emerging or declining industry specialisations.

The largest changes in the international export LQ between 2013/14 and 2018/19 in the Town of Victoria Park were for these industries:

  • Transport, Postal and Warehousing (+2.1)
  • Construction (+0.9)
  • Retail Trade (+0.4)
  • Professional, Scientific and Technical Services (+0.4)

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Town of Victoria Park

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