Local sales by industry measures the output of local industries that is sold locally. This includes sales to local consumers, businesses and other organisations.
To get the full picture how each industry sector contributes to the regional or state economy, local sales data should be viewed alongside the other industry characteristics in the Industry sector analysis section.
Detailed notes about how the figures are derived can be found in the specific topic notes section.
Data source
National Economics (NIEIR) - Modelled series
Current benchmark:
Comparison year:
| Local sales by industry sector | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| City of Banyule - Constant prices | 2023/24 | 2018/19 | Change | ||||||
| Industry | $m | % | Victoria | $m | % | Victoria | 2018/19 - 2023/24 | ||
| Agriculture, Forestry and Fishing | 22.6 | 0.2 | 1.6 | 21.4 | 0.3 | 1.6 | +1.2 | ||
| Mining | 1.7 | 0.0 | 0.1 | 3.4 | 0.0 | 0.3 | -1.7 | ||
| Manufacturing | 657.4 | 6.2 | 7.4 | 650.9 | 8.2 | 8.5 | +6.4 | ||
| Electricity, Gas, Water and Waste Services | 67.8 | 0.6 | 3.4 | 64.7 | 0.8 | 3.1 | +3.1 | ||
| Construction | 3,834.0 | 36.4 | 24.2 | 1,928.1 | 24.3 | 26.3 | +1,905.8 | ||
| Wholesale Trade | 173.5 | 1.6 | 3.6 | 239.4 | 3.0 | 3.9 | -65.8 | ||
| Retail Trade | 456.4 | 4.3 | 5.0 | 495.8 | 6.3 | 5.1 | -39.4 | ||
| Accommodation and Food Services | 223.6 | 2.1 | 2.5 | 236.5 | 3.0 | 2.6 | -12.8 | ||
| Transport, Postal and Warehousing | 306.6 | 2.9 | 6.1 | 237.6 | 3.0 | 5.4 | +69.0 | ||
| Information Media and Telecommunications | 133.2 | 1.3 | 2.9 | 125.8 | 1.6 | 2.7 | +7.4 | ||
| Financial and Insurance Services | 350.7 | 3.3 | 5.8 | 299.9 | 3.8 | 5.7 | +50.9 | ||
| Rental, Hiring and Real Estate Services | 358.2 | 3.4 | 4.7 | 345.1 | 4.4 | 4.8 | +13.1 | ||
| Professional, Scientific and Technical Services | 848.9 | 8.1 | 9.3 | 688.9 | 8.7 | 8.8 | +160.0 | ||
| Administrative and Support Services | 303.9 | 2.9 | 4.2 | 314.8 | 4.0 | 4.2 | -10.9 | ||
| Public Administration and Safety | 631.1 | 6.0 | 4.5 | 527.9 | 6.7 | 4.0 | +103.2 | ||
| Education and Training | 493.1 | 4.7 | 3.7 | 389.9 | 4.9 | 3.5 | +103.2 | ||
| Health Care and Social Assistance | 1,324.9 | 12.6 | 7.8 | 1,066.1 | 13.5 | 6.8 | +258.9 | ||
| Arts and Recreation Services | 161.7 | 1.5 | 1.4 | 124.9 | 1.6 | 1.2 | +36.8 | ||
| Other Services | 193.4 | 1.8 | 1.9 | 158.3 | 2.0 | 1.7 | +35.1 | ||
| Total industries | 10,542.7 | 100.0 | 100.0 | 7,919.3 | 100.0 | 100.0 | +2,623.5 | ||
Source: National Institute of Economic and Industry Research (NIEIR) ©2025. Compiled and presented in economy.id by .id (informed decisions) NIEIR-ID data are adjusted each year, using updated employment estimates. Note: All $ values are expressed in 2022/23 base year dollar terms. 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 | |||||||||
Dominant groups
An analysis of the local sales by industry sectors in the City of Banyule in 2023/24 shows the three largest industries were:
- Construction ($3,834million or 36.4%)
- Health Care and Social Assistance ($1,325million or 12.6%)
- Professional, Scientific and Technical Services ($849million or 8.1%)
In combination these three industries accounted for $6,008 million in total or 57.0% of the total local sales by total industry in the the City of Banyule.
In comparison, the same 3 industries in Victoria accounted for 24.2% in Construction; 7.8% in Health Care and Social Assistance and 9.3% in Professional, Scientific and Technical Services.
The major differences between local sales by industries of the City of Banyule and Victoria were:
- A larger percentage of local sales by Construction (36.4% compared to 24.2%)
- A larger percentage of local sales by Health Care and Social Assistance (12.6% compared to 7.8%)
- A smaller percentage of local sales by Transport, Postal and Warehousing (2.9% compared to 6.1%)
- A smaller percentage of local sales by Electricity, Gas, Water and Waste Services (0.6% compared to 3.4%)
Emerging groups
The total local sales by industry in the City of Banyule $increased by 2,623 million between 2018/19 and 2023/24.
The largest changes in the local sales by industries between 2018/19 and 2023/24 in the City of Banyule were for:
- Construction (+$1,906 million)
- Health Care and Social Assistance (+$259 million)
- Professional, Scientific and Technical Services (+$160 million)
- Education and Training (+$103 million)