City of LauncestonEconomic profile
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City of Launceston

Industry composition

In 2019, the Household services sector accounted for 42.7% of employment in the City of Launceston. The importance of this sector has increased over the last 10 years (36.3% in 2009)

Understanding the economic role of the City of Launceston 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 the City of Launceston'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
Employment composition Mining, 2019: 0.3% Agriculture, forestry and fishing, 2019: 1.3% Public administration and safety, 2019: 6.0% Business services, 2019: 14.2% Goods related, 2019: 35.5% Household services, 2019: 42.7% Mining, 2014: 0.4% Agriculture, forestry and fishing, 2014: 1.4% Public administration and safety, 2014: 6.5% Business services, 2014: 15.0% Goods related, 2014: 36.6% Household services, 2014: 40.1% Mining, 2009: 0.2% Agriculture, forestry and fishing, 2009: 1.7% Public administration and safety, 2009: 6.6% Business services, 2009: 15.7% Goods related, 2009: 39.6% Household services, 2009: 36.3%
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in by .id the population experts
Employment composition
City of Launceston201920142009
Household services17,19142.715,80740.114,98936.3
Goods related14,31035.514,41936.616,35939.6
Business services5,72514.25,91115.06,48415.7
Public administration and safety2,4326.02,5776.52,7246.6
Agriculture, forestry and fishing5101.35461.46981.7

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. Compiled and presented in by .id , the population experts.

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