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 | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 212 | 0.2 | 334 | 0.4 | 168 | 0.2 |
| Mining | 55 | 0.1 | 111 | 0.1 | 100 | 0.1 |
| Goods related | 21,522 | 25.3 | 23,649 | 27.8 | 23,822 | 30.3 |
| Household services | 36,192 | 42.5 | 36,594 | 43.0 | 30,576 | 38.9 |
| Business services | 24,834 | 29.1 | 22,294 | 26.2 | 22,244 | 28.3 |
| Public administration and safety | 2,387 | 2.8 | 2,090 | 2.5 | 1,694 | 2.2 |
| Total Industries | 85,202 | 100.0 | 85,072 | 100.0 | 78,604 | 100.0 |
Source: National Institute of Economic and Industry Research (NIEIR) ©2024. ©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 | ||||||