City of Launceston

Local sales

In the City of Launceston, Construction had the highest local sales, generating $1,033 million in 2021/22.

Local sales by industry measures the output of local industries that is sold locally. This includes sales to local consumers, businesses and other organisations.

To get the full picture how each industry sector contributes to the regional or state economy, local sales data should be viewed alongside the other industry characteristics in the Industry sector analysis section.

Detailed notes about how the figures are derived can be found in the specific topic notes section.

Data source

National Economics (NIEIR) - Modelled series

Current benchmark:
Comparison year:
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Local sales by industry sector
City of Launceston - Constant prices2021/222016/17Change
Industry$m%. Tasmania$m%. Tasmania2016/17 - 2021/22
Agriculture, Forestry and Fishing129.72.25.996.02.04.8+33.7
Mining7.30.10.810.90.21.0-3.5
Manufacturing507.08.58.5375.47.97.2+131.6
Electricity, Gas, Water and Waste Services262.14.44.1209.84.44.2+52.3
Construction1,033.417.223.5837.117.623.2+196.4
Wholesale Trade251.14.22.8233.94.93.8+17.2
Retail Trade309.55.25.2265.95.65.8+43.5
Accommodation and Food Services186.13.12.8133.32.82.4+52.7
Transport, Postal and Warehousing341.75.74.4241.25.14.8+100.5
Information Media and Telecommunications203.93.43.1163.73.42.6+40.3
Financial and Insurance Services572.19.55.8456.29.66.2+115.9
Rental, Hiring and Real Estate Services116.92.01.893.32.01.9+23.6
Professional, Scientific and Technical Services357.56.05.5308.06.55.6+49.4
Administrative and Support Services194.53.23.1130.42.72.9+64.1
Public Administration and Safety378.36.35.6290.56.15.7+87.8
Education and Training326.05.44.9291.76.15.7+34.3
Health Care and Social Assistance594.39.98.8442.89.38.5+151.6
Arts and Recreation Services62.21.01.143.60.91.0+18.6
Other Services160.22.72.3135.02.82.8+25.2
Total industries5,993.9100.0100.04,758.9100.0100.0+1,235.0

Source: National Institute of Economic and Industry Research (NIEIR) ©2023. ©2023. Compiled and presented in economy.id by .id (informed decisions) NIEIR-ID data are adjusted each year, using updated employment estimates. .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

Did you know? By clicking/tapping on a category in the chart below you will be able to drilldown to the sub categories.
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Dominant groups

An analysis of the local sales by industry sectors in the City of Launceston in 2021/22 shows the three largest industries were:

  • Construction ($1,033million or 17.2%)
  • Health Care and Social Assistance ($594million or 9.9%)
  • Financial and Insurance Services ($572million or 9.5%)

In combination these three industries accounted for $2,200 million in total or 36.7% of the total local sales by total industry in the the City of Launceston.

In comparison, the same 3 industries in Tasmania accounted for 23.5% in Construction; 8.8% in Health Care and Social Assistance and 5.8% in Financial and Insurance Services.

The major differences between local sales by industries of the City of Launceston and Tasmania were:

  • A smaller percentage of local sales by Construction (17.2% compared to 23.5%)
  • A smaller percentage of local sales by Agriculture, Forestry and Fishing (2.2% compared to 5.9%)
  • A larger percentage of local sales by Financial and Insurance Services (9.5% compared to 5.8%)
  • A larger percentage of local sales by Wholesale Trade (4.2% compared to 2.8%)

Emerging groups

The total local sales by industry in the City of Launceston $increased by 1,235 million between 2016/17 and 2021/22.

The largest changes in the local sales by industries between 2016/17 and 2021/22 in the City of Launceston were for:

  • Construction (+$196 million)
  • Health Care and Social Assistance (+$152 million)
  • Manufacturing (+$132 million)
  • Financial and Insurance Services (+$116 million)

City of Launceston

economic profile