Understanding the economic role of City of Bayswater 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 the City of Bayswater'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.
| Employment composition | ||||||
|---|---|---|---|---|---|---|
| City of Bayswater | 2024 | 2019 | 2014 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 49 | 0.2 | 62 | 0.3 | 54 | 0.2 |
| Mining | 446 | 1.7 | 235 | 1.0 | 126 | 0.4 |
| Goods related | 10,649 | 40.9 | 9,866 | 41.4 | 13,637 | 48.6 |
| Household services | 10,845 | 41.7 | 9,484 | 39.8 | 9,358 | 33.3 |
| Business services | 2,987 | 11.5 | 3,036 | 12.7 | 3,720 | 13.2 |
| Public administration and safety | 1,054 | 4.0 | 1,161 | 4.9 | 1,192 | 4.2 |
| Total Industries | 26,029 | 100.0 | 23,845 | 100.0 | 28,087 | 100.0 |
Source: National Institute of Economic and Industry Research (NIEIR) ©2025. 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 | ||||||