Bankstown City CouncilEconomic profile

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Bankstown City

Industry composition

In 2015, the [AboutTheAreas_Broad_Industry].[Top1Label] sector accounted for [AboutTheAreas_Broad_Industry].[Top1Per].{0:0.0}% of employment in Bankstown City. The importance of this sector has [AboutTheAreas_Broad_Industry].[Compare_Top1Per] over the last 10 years ([AboutTheAreas_Broad_Industry].[Top1Per10YearAgo].{0:0.0}% in 2005)

Understanding the economic role of Bankstown City 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 Bankstown City'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
Employment composition
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
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