Town of Victoria ParkEconomic profile
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Town of Victoria Park

Value added

In the Town of Victoria Park, Construction is the most productive industry, generating $1,599 million in 2017/18.

Value added by industry is an indicator of business productivity in Town of Victoria Park. 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 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 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
Town of Victoria Park - Constant prices2017/182012/13Change
Industry
(Click rows to view sub-categories)
$m%Western Australia%$m%Western Australia%2012/13 to 2017/18
Agriculture, Forestry and Fishing3.90.12.73.40.12.5+0.4
Mining155.22.827.5134.13.022.4+21.1
Manufacturing232.64.25.6239.25.36.4-6.6
Electricity, Gas, Water and Waste Services152.72.72.4150.73.42.3+2.0
Construction1,598.628.710.6869.919.414.7+728.6
Wholesale Trade112.52.04.4128.92.94.4-16.4
Retail Trade147.72.73.8171.73.84.0-24.0
Accommodation and Food Services152.82.72.3130.42.92.3+22.5
Transport, Postal and Warehousing333.36.05.3156.63.55.4+176.6
Information Media and Telecommunications52.50.91.438.90.91.2+13.6
Financial and Insurance Services152.82.75.3163.83.74.6-11.0
Rental, Hiring and Real Estate Services167.83.02.5120.12.72.6+47.7
Professional, Scientific and Technical Services428.37.75.4411.69.27.2+16.7
Administrative and Support Services208.53.72.8238.25.33.1-29.6
Public Administration and Safety144.02.64.8127.92.94.7+16.1
Education and Training942.116.94.4857.019.14.3+85.1
Health Care and Social Assistance281.75.16.6207.14.65.6+74.6
Arts and Recreation Services220.64.00.6251.05.60.6-30.4
Other Services77.21.41.678.61.81.7-1.4

Source: National Institute of Economic and Industry Research (NIEIR) ©2018. Compiled and presented in economy.id by .id , 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

Value added by industry sector 2017/18
Value added by industry sector 2017/18 Agriculture, Forestry and Fishing, Western Australia: 2.7% Mining, Western Australia: 27.5% Manufacturing, Western Australia: 5.6% Electricity, Gas, Water and Waste Services, Western Australia: 2.4% Construction, Western Australia: 10.6% Wholesale Trade, Western Australia: 4.4% Retail Trade, Western Australia: 3.8% Accommodation and Food Services, Western Australia: 2.3% Transport, Postal and Warehousing, Western Australia: 5.3% Information Media and Telecommunications, Western Australia: 1.4% Financial and Insurance Services, Western Australia: 5.3% Rental, Hiring and Real Estate Services, Western Australia: 2.5% Professional, Scientific and Technical Services, Western Australia: 5.4% Administrative and Support Services, Western Australia: 2.8% Public Administration and Safety, Western Australia: 4.8% Education and Training, Western Australia: 4.4% Health Care and Social Assistance, Western Australia: 6.6% Arts and Recreation Services, Western Australia: 0.6% Other Services, Western Australia: 1.6% Agriculture, Forestry and Fishing, Town of Victoria Park: 0.1% Mining, Town of Victoria Park: 2.8% Manufacturing, Town of Victoria Park: 4.2% Electricity, Gas, Water and Waste Services, Town of Victoria Park: 2.7% Construction, Town of Victoria Park: 28.7% Wholesale Trade, Town of Victoria Park: 2.0% Retail Trade, Town of Victoria Park: 2.7% Accommodation and Food Services, Town of Victoria Park: 2.7% Transport, Postal and Warehousing, Town of Victoria Park: 6.0% Information Media and Telecommunications, Town of Victoria Park: 0.9% Financial and Insurance Services, Town of Victoria Park: 2.7% Rental, Hiring and Real Estate Services, Town of Victoria Park: 3.0% Professional, Scientific and Technical Services, Town of Victoria Park: 7.7% Administrative and Support Services, Town of Victoria Park: 3.7% Public Administration and Safety, Town of Victoria Park: 2.6% Education and Training, Town of Victoria Park: 16.9% Health Care and Social Assistance, Town of Victoria Park: 5.1% Arts and Recreation Services, Town of Victoria Park: 4.0% Other Services, Town of Victoria Park: 1.4%
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the valued added by industry sectors in Town of Victoria Park in 2017/18 shows the three largest industries were:

  • Construction ($1,599 million or 28.7%)
  • Education and Training ($942 million or 16.9%)
  • Professional, Scientific and Technical Services ($428 million or 7.7%)

In combination these three industries accounted for $2,969 million in total or 53.4% of the total value added by industry in the Town of Victoria Park.

In comparison, the same 3 industries in Western Australia accounted for 10.6% in Construction; 4.4% in Education and Training; and 5.4% in Professional, Scientific and Technical Services.

The major differences between the value added by industries of the Town of Victoria Park and Western Australia were:

  • A larger percentage of value added by Construction (28.7% compared to 10.6%)
  • A larger percentage of value added by Education and Training (16.9% compared to 4.4%)
  • A larger percentage of value added by Arts and Recreation Services (4.0% compared to 0.6%)
  • A smaller percentage of value added by Mining (2.8% compared to 27.5%)

Change in value added by industry sector, 2012/13 to 2017/18
Change in value added by industry sector, 2012/13 to 2017/18 Agriculture, Forestry and Fishing, Town of Victoria Park: +$0.4 million Mining, Town of Victoria Park: +$21.1 million Manufacturing, Town of Victoria Park: -$6.6 million Electricity, Gas, Water and Waste Services, Town of Victoria Park: +$2.0 million Construction, Town of Victoria Park: +$728.6 million Wholesale Trade, Town of Victoria Park: -$16.4 million Retail Trade, Town of Victoria Park: -$24.0 million Accommodation and Food Services, Town of Victoria Park: +$22.5 million Transport, Postal and Warehousing, Town of Victoria Park: +$176.6 million Information Media and Telecommunications, Town of Victoria Park: +$13.6 million Financial and Insurance Services, Town of Victoria Park: -$11.0 million Rental, Hiring and Real Estate Services, Town of Victoria Park: +$47.7 million Professional, Scientific and Technical Services, Town of Victoria Park: +$16.7 million Administrative and Support Services, Town of Victoria Park: -$29.6 million Public Administration and Safety, Town of Victoria Park: +$16.1 million Education and Training, Town of Victoria Park: +$85.1 million Health Care and Social Assistance, Town of Victoria Park: +$74.6 million Arts and Recreation Services, Town of Victoria Park: -$30.4 million Other Services, Town of Victoria Park: -$1.4 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts

Emerging groups

The total value added by industry in the Town of Victoria Park increased by 1,085.6 million between 2012/13 and 2017/18.

The largest changes in the value added by industries between 2012/13 and 2017/18 in the Town of Victoria Park were for:

  • Construction (+$729 million)
  • Transport, Postal and Warehousing (+$177 million)
  • Education and Training (+$85 million)
  • Health Care and Social Assistance (+$75 million)

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