City of Launceston

Industry composition

In 2022, the Household services sector accounted for 45.2% of employment in City of Launceston. The importance of this sector has increased over the last 10 years (38.2% in 2012)

Understanding the economic role of 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 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.

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Employment composition
City of Launceston202220172012
Industrynumber%. number%. number%.
Agriculture, forestry and fishing7721.66641.64831.2
Mining840.21120.31140.3
Goods related15,89933.414,51335.615,49738.4
Household services21,50945.216,98641.715,42038.2
Business services6,87414.46,25515.36,05715.0
Public administration and safety2,4485.12,2465.52,8287.0
Total Industries47,585100.040,775100.040,399100.0

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

City of Launceston

economic profile