City of LauncestonEconomic profile
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City of Launceston

Industry composition

In 2015, the Household services sector accounted for 38.1% of employment in the City of Launceston. The importance of this sector has increased over the last 10 years (36.1% in 2005)

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, 2015: 0.1% Agriculture, forestry and fishing, 2015: 1.0% Public administration and safety, 2015: 7.7% Business services, 2015: 15.4% Goods related, 2015: 37.8% Household services, 2015: 38.1% Mining, 2010: 0.1% Agriculture, forestry and fishing, 2010: 1.3% Public administration and safety, 2010: 7.2% Business services, 2010: 15.6% Goods related, 2010: 39.0% Household services, 2010: 36.8% Mining, 2005: 0.1% Agriculture, forestry and fishing, 2005: 1.7% Public administration and safety, 2005: 6.0% Business services, 2005: 16.5% Goods related, 2005: 39.6% Household services, 2005: 36.1%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in by .id the population experts
Employment composition
City of Launceston201520102005
Household services14,93938.114,91836.813,46936.1
Goods related14,83637.815,79239.014,80139.6
Business services6,04515.46,32615.66,15016.5
Public administration and safety3,0057.72,9147.22,2506.0
Agriculture, forestry and fishing4051.05221.36411.7

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

Data is based on 2014-15 constant prices for all years. NIEIR data are inflation adjusted each year to allow direct comparison, and new data releases normally adjust previous years’ figures to a new base year.