City of AlbanyEconomic profile
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City of Albany

Industry composition

In 2019, the Household services sector accounted for 38.3% of employment in the City of Albany. The importance of this sector has increased over the last 10 years (33.7% in 2009)

Understanding the economic role of the City of Albany 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 the City of Albany'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 Mining, 2019: 0.2% Public administration and safety, 2019: 6.7% Agriculture, forestry and fishing, 2019: 8.9% Business services, 2019: 10.7% Goods related, 2019: 35.2% Household services, 2019: 38.3% Mining, 2014: 0.4% Public administration and safety, 2014: 6.8% Agriculture, forestry and fishing, 2014: 6.7% Business services, 2014: 12.5% Goods related, 2014: 34.1% Household services, 2014: 39.6% Mining, 2009: 0.2% Public administration and safety, 2009: 6.2% Agriculture, forestry and fishing, 2009: 10.9% Business services, 2009: 12.6% Goods related, 2009: 36.4% Household services, 2009: 33.7%
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in by .id the population experts
Employment composition
City of Albany201920142009
Household services6,65738.36,26639.65,04633.7
Goods related6,11135.25,39734.15,46036.4
Business services1,86210.71,97212.51,88712.6
Agriculture, forestry and fishing1,5448.91,0546.71,62610.9
Public administration and safety1,1566.71,0796.89246.2

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. Compiled and presented in by .id , the population experts.

Data are based on a 2016-17 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