An "economy" is a system of production, distribution and consumption of goods and services in a defined area. This section profiles the underlying economic structure of the local area and how it is performing.

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A key economic resource is people, both as consumers and producers of goods and services. The skills and composition of the local and regional labour force contribute to an area's economic success, along with its transport connections, infrastructure and other assets.

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Welcome to the economic profile for
The City of Greater Shepparton.

economy.id® is an economic profile which is designed to meet the following objectives:

Describe

enable users to accurately describe the nature of the local economy

Explore

provide the information base to develop economic strategies

Promote

provide resources to develop promotional material

  • Gross Product (Local)

    $3,435 million (2009),
    1.2% of Victoria's Gross State Product

    Gross Product (Local) per capita $60,169 (2009)

  • Largest industry

    By employment (2006): Retail trade (4,375)

    By value added (2009): Manufacturing ($530 million)

    By output (2009): Manufacturing ($2,388 million)

  • Employment

    25,176 people work in the City of Greater Shepparton (2006)

  • Businesses

    6,510 registered businesses (2007)

  • Population

    Estimated Resident Population 62,368 (Jun-09)
    1.09% growth per annum (over 10 years)

  • Unemployment (residents)

    7.2%, compared to 5.3% in Victoria (Mar-10)