City of Merri-bek

Value added

In the City of Merri-bek, Health Care and Social Assistance most productive industry, generating $907 million in 2023/24.

Value added by industry is an indicator of business productivity in the City of Merri-bek. 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 the City of Merri-bek’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 analysissection. 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.

Data source

National Economics (NIEIR) - Modelled series

Current benchmark:
Comparison year:
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Value added by industry sector
City of Merri-bek2023/242018/19Change
Industry$m%. Victoria$m%. Victoria2018/19 - 2023/24
Agriculture, Forestry and Fishing6.90.13.31.70.02.5+5.3
Mining0.90.01.50.90.02.4+0.0
Manufacturing454.97.97.5539.49.98.6-84.4
Electricity, Gas, Water and Waste Services72.81.32.436.80.72.9+36.0
Construction784.013.68.8779.314.39.7+4.7
Wholesale Trade272.14.75.9336.26.26.0-64.1
Retail Trade392.46.85.7412.57.65.9-20.1
Accommodation and Food Services201.43.52.4191.83.52.5+9.7
Transport, Postal and Warehousing244.04.25.6212.43.95.8+31.6
Information Media and Telecommunications81.71.42.969.51.32.5+12.2
Financial and Insurance Services226.73.910.6190.33.510.6+36.5
Rental, Hiring and Real Estate Services186.13.22.9164.43.03.0+21.7
Professional, Scientific and Technical Services584.610.210.3427.17.99.2+157.5
Administrative and Support Services244.34.34.6213.63.94.5+30.7
Public Administration and Safety342.06.05.8327.06.05.4+15.0
Education and Training485.38.46.2436.88.06.2+48.4
Health Care and Social Assistance906.815.810.6800.214.79.0+106.6
Arts and Recreation Services91.11.61.292.61.71.2-1.6
Other Services169.02.91.8201.93.72.1-32.9
Total industries5,747.0100.0100.05,434.1100.0100.0+312.9

Source: National Institute of Economic and Industry Research (NIEIR) ©2025. Compiled and presented in economy.id by .id (informed decisions). Note: All $ values are expressed in 2022/23 base year dollar terms. NIEIR-ID data are adjusted each year, using updated employment estimates. Each release may change previous years’ figures. Learn more

Please refer to specific data notes for more information
Did you know? By clicking/tapping on a category in the chart below you will be able to drilldown to the sub categories.
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Dominant groups

An analysis of the valued added by industry sectors in the City of Merri-bek in 2023/24 shows the three largest industries were:

  • Health Care and Social Assistance (907 million or 15.8%)
  • Construction (784 million or 13.6%)
  • Professional, Scientific and Technical Services (585 million or 10.2%)

In combination these three industries accounted for 2,275 million in total or 39.6% of the total value added by industry in the the City of Merri-bek.

In comparison, the same 3 industries in Victoria accounted for 10.6% in Health Care and Social Assistance; 8.8% in Construction and 10.3% in Professional, Scientific and Technical Services.

The major differences between the value added by industries of the City of Merri-bek and Victoria were:

  • A smaller percentage of value added by Financial and Insurance Services (3.9% compared to 10.6%)
  • A larger percentage of value added by Health Care and Social Assistance (15.8% compared to 10.6%)
  • A larger percentage of value added by Construction (13.6% compared to 8.8%)
  • A smaller percentage of value added by Agriculture, Forestry and Fishing (0.1% compared to 3.3%)

Emerging groups

The total value added by industry in the City of Merri-bek $increased by 313 million between 2018/19 and 2023/24.

The largest changes in the value added by industries between 2018/19 and 2023/24 in the City of Merri-bek were for:

  • Professional, Scientific and Technical Services (+$157 million)
  • Health Care and Social Assistance (+$107 million)
  • Education and Training (+$48 million)
  • Financial and Insurance Services (+$36 million)

City of Merri-bek

economic profile