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.
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| Employment composition | ||||||
|---|---|---|---|---|---|---|
| City of Boroondara | 2020 | 2015 | 2010 | |||
| Industry | number | $ | number | % | number | % |
| Agriculture, forestry and fishing | 177 | 0.2 | 302 | 0.4 | 135 | 0.2 |
| Mining | 212 | 0.3 | 87 | 0.1 | 74 | 0.1 |
| Goods related | 24,193 | 28.6 | 23,476 | 29.1 | 23,712 | 30.8 |
| Household services | 34,578 | 40.8 | 33,280 | 41.2 | 29,226 | 38.0 |
| Business services | 23,389 | 27.6 | 21,617 | 26.8 | 21,740 | 28.3 |
| Public administration and safety | 2,171 | 2.6 | 1,953 | 2.4 | 2,059 | 2.7 |
| Total Industries | 84,721 | 100.0 | 80,716 | 100.0 | 76,947 | 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 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. Please refer to specific data notes for more information | ||||||