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Bankstown City

Industry composition

In 2015, the Goods related sector accounted for 55.4% of employment in Bankstown City. The importance of this sector has declined over the last 10 years (62.7% 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 Public administration and safety, 2015: 4.6% Business services, 2015: 10.7% Household services, 2015: 29.1% Goods related, 2015: 55.4% Mining, 2015: 0.0% Agriculture, forestry and fishing, 2015: 0.1% Public administration and safety, 2010: 3.5% Business services, 2010: 10.4% Household services, 2010: 26.8% Goods related, 2010: 59.1% Mining, 2010: 0.0% Agriculture, forestry and fishing, 2010: 0.1% Public administration and safety, 2005: 3.3% Business services, 2005: 9.9% Household services, 2005: 23.9% Goods related, 2005: 62.7% Mining, 2005: 0.0% Agriculture, forestry and fishing, 2005: 0.2%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Employment composition
Bankstown City201520102005
IndustryNumber%Number%Number%
Agriculture, forestry and fishing980.1990.11400.2
Mining40.0180.0320.0
Goods related43,14455.444,42359.148,00962.7
Household services22,62829.120,16626.818,31423.9
Business services8,36010.77,80110.47,6009.9
Public administration and safety3,6004.62,6513.52,5053.3

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Data is based on 2013-14 constant prices for all years. NIEIR data are inflation adjusted each year to allow direct comparison, and new data releases normally adjust previous years’ figures to a new base year.

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