Understanding the economic role of City of Ipswich 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 Ipswich'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 Ipswich | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 495 | 0.5 | 607 | 0.8 | 451 | 0.7 |
| Mining | 362 | 0.4 | 402 | 0.6 | 449 | 0.7 |
| Goods related | 34,742 | 37.3 | 29,757 | 41.4 | 28,317 | 43.6 |
| Household services | 37,940 | 40.7 | 26,405 | 36.8 | 22,521 | 34.7 |
| Business services | 9,776 | 10.5 | 7,943 | 11.1 | 6,872 | 10.6 |
| Public administration and safety | 9,873 | 10.6 | 6,730 | 9.4 | 6,342 | 9.8 |
| Total Industries | 93,189 | 100.0 | 71,844 | 100.0 | 64,952 | 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 | ||||||