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Welcome to Hume City Economic Profile

Hume City's Gross Regional Product is estimated at $11.16 billion, which represents 3.2% of the state's GSP (Gross State Product).

Hume City's economic profile presents economic information that enables you to describe the area's role within the broader economy, explore options for economic development and promote the area's strengths. The information presented here is derived from official sources of information (Australian Bureau of Statistics) as well as Australia's leading economic modellers, NIEIR. The latest data from each series is always presented in this site. industry structure and industry sector profiles use a National Accounts regional econometric model developed by National Economics (NIEIR).


What's new?


To continually improve the services we provide to our clients we are implementing new features and functionality to our products. Check out the the latest updates here.

Using the three P’s of economic growth


Every year the Productivity Commission (PC) releases its Productivity Update which aims to explore the different factors driving the growth of Australia’s economy. They do this by breaking GDP growth into three different components commonly referred to as the ‘three Ps’. How can you use the three Ps to inform your area's economic strategy?

Understanding the relationship between population and employment projections


The relationship between demographic information and employment statistics is often ambiguous and not immediately clear to us. How does population growth affect employment projections? How can this information help us plan for the future?

What does an urban economist do?


Urban economists understand how broad demographic and economic trends play out geographically, and are able to help answer those critical “why” “where” and “when” questions. What does a typical urban economics project look like?

Access demographic and economic resources for Australia and New Zealand

* Largest industry by employment