Understanding the economic role of Wollongong City Council 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 Wollongong 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 | ||||||
---|---|---|---|---|---|---|
Wollongong City | 2022 | 2017 | 2012 | |||
Industry | number | % | number | % | number | % |
Agriculture, forestry and fishing | 314 | 0.3 | 224 | 0.2 | 196 | 0.2 |
Mining | 1,640 | 1.7 | 1,469 | 1.6 | 2,273 | 2.5 |
Goods related | 33,286 | 33.6 | 30,312 | 33.5 | 33,742 | 37.7 |
Household services | 43,057 | 43.5 | 39,442 | 43.6 | 34,634 | 38.7 |
Business services | 14,578 | 14.7 | 13,894 | 15.4 | 13,481 | 15.1 |
Public administration and safety | 6,169 | 6.2 | 5,172 | 5.7 | 5,144 | 5.7 |
Total Industries | 99,045 | 100.0 | 90,511 | 100.0 | 89,470 | 100.0 |
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 |