City of Vincent

Industry composition

In 2022, the Household services sector accounted for 38.5% of employment in City of Vincent. The importance of this sector has increased over the last 10 years (32.5% in 2012)

Understanding the economic role of City of Vincent 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 Vincent'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.

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Employment composition
City of Vincent202220172012
Industrynumber%. number%. number%.
Agriculture, forestry and fishing390.1650.330.0
Mining2430.92000.82731.1
Goods related9,25032.96,83727.37,82732.3
Household services10,83638.59,72438.87,86632.5
Business services6,48623.06,64526.56,42826.5
Public administration and safety1,2914.61,5616.21,8417.6
Total Industries28,144100.025,032100.024,237100.0

Source: National Institute of Economic and Industry Research (NIEIR) ©2023. ©2023. 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

City of Vincent

economic profile