Understanding the economic role of City of Greater Geelong 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 Greater Geelong'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 Greater Geelong | 2022 | 2017 | 2012 | |||
Industry | number | % | number | % | number | % |
Agriculture, forestry and fishing | 1,891 | 1.4 | 2,350 | 2.1 | 1,156 | 1.2 |
Mining | 375 | 0.3 | 316 | 0.3 | 174 | 0.2 |
Goods related | 50,374 | 37.2 | 40,953 | 37.3 | 40,496 | 42.2 |
Household services | 55,240 | 40.7 | 45,953 | 41.9 | 37,224 | 38.8 |
Business services | 19,078 | 14.1 | 13,700 | 12.5 | 12,164 | 12.7 |
Public administration and safety | 8,603 | 6.3 | 6,466 | 5.9 | 4,634 | 4.8 |
Total Industries | 135,562 | 100.0 | 109,737 | 100.0 | 95,848 | 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 |