Output by industry is a gross measure of the total sales of each industry sector in the Town of Victoria Park. 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 Town of Victoria Park’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:
| Output by industry sector | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Town of Victoria Park | 2022/23 | 2017/18 | Change | ||||||
| Industry | $m | % | Western Australia | $m | % | Western Australia | 2017/18 - 2022/23 | ||
| Agriculture, Forestry and Fishing | 3.0 | 0.0 | 3.1 | 6.5 | 0.0 | 2.5 | -3.5 | ||
| Mining | 287.1 | 2.8 | 38.7 | 197.9 | 1.5 | 38.2 | +89.2 | ||
| Manufacturing | 740.0 | 7.1 | 10.0 | 987.9 | 7.5 | 10.5 | -247.9 | ||
| Electricity, Gas, Water and Waste Services | 619.9 | 6.0 | 2.2 | 427.2 | 3.2 | 1.9 | +192.7 | ||
| Construction | 1,778.7 | 17.2 | 10.5 | 5,409.2 | 41.0 | 15.1 | -3,630.5 | ||
| Wholesale Trade | 214.8 | 2.1 | 2.8 | 185.8 | 1.4 | 2.4 | +28.9 | ||
| Retail Trade | 283.8 | 2.7 | 2.4 | 237.7 | 1.8 | 2.3 | +46.1 | ||
| Accommodation and Food Services | 280.4 | 2.7 | 1.4 | 273.6 | 2.1 | 1.4 | +6.9 | ||
| Transport, Postal and Warehousing | 420.3 | 4.1 | 4.5 | 408.3 | 3.1 | 3.9 | +11.9 | ||
| Information Media and Telecommunications | 185.2 | 1.8 | 1.0 | 112.4 | 0.9 | 0.8 | +72.8 | ||
| Financial and Insurance Services | 449.3 | 4.3 | 3.2 | 273.8 | 2.1 | 2.8 | +175.5 | ||
| Rental, Hiring and Real Estate Services | 488.3 | 4.7 | 2.9 | 448.2 | 3.4 | 2.6 | +40.1 | ||
| Professional, Scientific and Technical Services | 608.8 | 5.9 | 4.3 | 729.9 | 5.5 | 4.1 | -121.1 | ||
| Administrative and Support Services | 520.3 | 5.0 | 1.8 | 344.5 | 2.6 | 1.5 | +175.8 | ||
| Public Administration and Safety | 214.9 | 2.1 | 2.7 | 199.2 | 1.5 | 2.5 | +15.7 | ||
| Education and Training | 1,343.0 | 13.0 | 2.2 | 1,372.6 | 10.4 | 2.2 | -29.5 | ||
| Health Care and Social Assistance | 601.4 | 5.8 | 4.0 | 450.6 | 3.4 | 3.4 | +150.8 | ||
| Arts and Recreation Services | 1,064.5 | 10.3 | 0.6 | 935.1 | 7.1 | 0.6 | +129.4 | ||
| Other Services | 259.1 | 2.5 | 1.7 | 202.3 | 1.5 | 1.4 | +56.7 | ||
| Total industries | 10,362.9 | 100.0 | 100.0 | 13,202.8 | 100.0 | 100.0 | -2,839.9 | ||
Source: National Institute of Economic and Industry Research (NIEIR) ©2024. Compiled and presented in economy.id 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 | |||||||||
Dominant groups
An analysis of the output by industry sectors in the Town of Victoria Park in 2022/23 shows the three largest industries were:
- Construction ($1,779 million or 17.2%)
- Education and Training ($1,343 million or 13.0%)
- Arts and Recreation Services ($1,065 million or 10.3%)
In combination these three industries accounted for $4,186 million in total or 40.4% of the total output by total industry in the the Town of Victoria Park.
In comparison, the same 3 industries in Western Australia accounted for 10.5% in Construction; 2.2% in Education and Training and 0.6% in Arts and Recreation Services.
The major differences between output by industries of the Town of Victoria Park and Western Australia were:
- A smaller percentage of output by Mining (2.8% compared to 38.7%)
- A larger percentage of output by Education and Training (13.0% compared to 2.2%)
- A larger percentage of output by Arts and Recreation Services (10.3% compared to 0.6%)
- A larger percentage of output by Construction (17.2% compared to 10.5%)
Emerging groups
The total industry output in the Town of Victoria Park decreased by $-2,840 million between 2017/18 and 2022/23.
The largest changes in the output by industries between 2017/18 and 2022/23 in the Town of Victoria Park were for:
- Electricity, Gas, Water and Waste Services (+$193 million)
- Administrative and Support Services (+$176 million)
- Financial and Insurance Services (+$176 million)
- Health Care and Social Assistance (+$151 million)