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 | ||||||
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City of Boroondara | 2022 | 2017 | 2012 | |||
Industry | number | % | number | % | number | % |
Agriculture, forestry and fishing | 251 | 0.3 | 293 | 0.3 | 200 | 0.3 |
Mining | 110 | 0.1 | 115 | 0.1 | 100 | 0.1 |
Goods related | 21,623 | 25.5 | 23,534 | 27.8 | 23,799 | 30.3 |
Household services | 35,767 | 42.2 | 36,524 | 43.1 | 30,557 | 38.9 |
Business services | 24,243 | 28.6 | 22,110 | 26.1 | 22,154 | 28.2 |
Public administration and safety | 2,691 | 3.2 | 2,071 | 2.4 | 1,695 | 2.2 |
Total Industries | 84,684 | 100.0 | 84,647 | 100.0 | 78,505 | 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 |