City of LauncestonEconomic profile
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City of Launceston

Industry composition

In 2017, the Household services sector accounted for 42.9% of employment in the City of Launceston. The importance of this sector has increased over the last 10 years (36.0% in 2007)

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, 2017: 0.3% Agriculture, forestry and fishing, 2017: 1.6% Public administration and safety, 2017: 5.9% Business services, 2017: 14.4% Goods related, 2017: 35.0% Household services, 2017: 42.9% Mining, 2012: 0.2% Agriculture, forestry and fishing, 2012: 1.2% Public administration and safety, 2012: 7.2% Business services, 2012: 15.4% Goods related, 2012: 38.0% Household services, 2012: 38.0% Mining, 2007: 0.2% Agriculture, forestry and fishing, 2007: 1.8% Public administration and safety, 2007: 6.3% Business services, 2007: 16.2% Goods related, 2007: 39.6% Household services, 2007: 36.0%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in by .id the population experts
Employment composition
City of Launceston201720122007
Household services17,24042.915,39638.014,14636.0
Goods related14,03435.015,39738.015,53139.6
Business services5,78614.46,21915.46,34216.2
Public administration and safety2,3605.92,9107.22,4716.3
Agriculture, forestry and fishing6291.64721.27131.8

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in by .id , the population experts.

Data are based on a 2015-16 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