Understanding the economic role of Greater Sydney provides a framework for understanding what policy responses and investment may be appropriate to support the growth of businesses and maintenance of a vibrant economy in the future.
The charts and table below give a broad overview of the role and function of your economy. It helps answer questions such as:
- How much of Greater Sydney's economy is driven by meeting the local population needs?
- What proportion of jobs in the area are in goods production or selling of products?
- In which broad sectors are the key strengths of the local economy?
- What contribution do business services make in your area and is it growing?
- Is there a presence of local, state and federal government workers in in the area?
Once you have developed a broad picture of your economy, you can then drill down further with all the detail here.
Current area:
Employment composition | ||||||
---|---|---|---|---|---|---|
Greater Sydney | 2022 | 2017 | 2012 | |||
Industry | number | % | number | % | number | % |
Agriculture, forestry and fishing | 10,569 | 0.4 | 10,937 | 0.4 | 7,944 | 0.4 |
Mining | 7,273 | 0.3 | 6,865 | 0.3 | 6,290 | 0.3 |
Goods related | 864,483 | 33.1 | 895,293 | 35.6 | 850,572 | 37.5 |
Household services | 823,487 | 31.5 | 789,286 | 31.4 | 679,216 | 29.9 |
Business services | 752,848 | 28.8 | 675,197 | 26.8 | 591,817 | 26.1 |
Public administration and safety | 153,545 | 5.9 | 137,244 | 5.5 | 132,218 | 5.8 |
Total Industries | 2,612,205 | 100.0 | 2,514,824 | 100.0 | 2,268,057 | 100.0 |
Source: National Institute of Economic and Industry Research (NIEIR) ©2023. ©2023. 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 |