Understanding the economic role of City of 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 the City of 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.
| Employment composition | ||||||
|---|---|---|---|---|---|---|
| City of Sydney | 2024 | 2019 | 2014 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 689 | 0.1 | 696 | 0.1 | 250 | 0.0 |
| Mining | 2,423 | 0.4 | 2,411 | 0.4 | 1,914 | 0.4 |
| Goods related | 105,292 | 15.4 | 108,938 | 17.1 | 96,941 | 18.7 |
| Household services | 129,452 | 18.9 | 133,967 | 21.0 | 114,085 | 22.0 |
| Business services | 392,837 | 57.5 | 345,693 | 54.2 | 264,613 | 51.0 |
| Public administration and safety | 52,779 | 7.7 | 45,736 | 7.2 | 41,074 | 7.9 |
| Total Industries | 683,472 | 100.0 | 637,441 | 100.0 | 518,877 | 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 | ||||||