Understanding the economic role of City of Boroondara 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 Boroondara'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 Boroondara | 2021 | 2016 | 2011 | |||
| Industry | number | $ | number | % | number | % |
| Agriculture, forestry and fishing | 172 | 0.2 | 259 | 0.3 | 135 | 0.2 |
| Mining | 291 | 0.4 | 86 | 0.1 | 76 | 0.1 |
| Goods related | 22,532 | 27.6 | 23,759 | 28.6 | 24,083 | 30.7 |
| Household services | 35,704 | 43.7 | 35,083 | 42.2 | 30,080 | 38.3 |
| Business services | 20,858 | 25.6 | 21,916 | 26.3 | 22,276 | 28.4 |
| Public administration and safety | 2,053 | 2.5 | 2,073 | 2.5 | 1,842 | 2.3 |
| Total Industries | 81,609 | 100.0 | 83,176 | 100.0 | 78,492 | 100.0 |
Source: National Institute of Economic and Industry Research (NIEIR) ©2021. Compiled and presented in economy.id by .id (informed decisions). Data are based on a 2018-19 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 | ||||||