Understanding the economic role of City of Banyule 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 Banyule'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 | ||||||
---|---|---|---|---|---|---|
City of Banyule | 2022 | 2017 | 2012 | |||
Industry | number | % | number | % | number | % |
Agriculture, forestry and fishing | 101 | 0.2 | 95 | 0.2 | 70 | 0.2 |
Mining | 52 | 0.1 | 43 | 0.1 | 20 | 0.0 |
Goods related | 13,842 | 27.0 | 14,114 | 29.6 | 14,658 | 31.9 |
Household services | 28,131 | 55.0 | 25,297 | 53.1 | 23,186 | 50.5 |
Business services | 6,292 | 12.3 | 5,576 | 11.7 | 5,460 | 11.9 |
Public administration and safety | 2,772 | 5.4 | 2,554 | 5.4 | 2,492 | 5.4 |
Total Industries | 51,189 | 100.0 | 47,679 | 100.0 | 45,887 | 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 |