City of Launceston

Local sales

In the City of Launceston, Construction had the highest local sales, generating $1,178 million in 2022/23.

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 prices2022/232016/17Change
Industry$m%. Tasmania$m%. Tasmania2016/17 - 2022/23
Agriculture, Forestry and Fishing117.61.83.6115.42.24.3+2.2
Electricity, Gas, Water and Waste Services264.74.14.2225.94.34.2+38.8
Wholesale Trade250.23.92.8276.05.23.8-25.8
Retail Trade308.64.84.9294.95.65.5+13.7
Accommodation and Food Services239.83.83.6213.44.03.5+26.4
Transport, Postal and Warehousing462.47.26.5311.75.95.2+150.7
Information Media and Telecommunications274.24.33.1176.83.32.3+97.5
Financial and Insurance Services545.88.55.3431.68.25.4+114.1
Rental, Hiring and Real Estate Services174.32.72.1131.02.52.2+43.3
Professional, Scientific and Technical Services321.25.05.5290.75.55.1+30.5
Administrative and Support Services203.33.23.0138.82.62.7+64.5
Public Administration and Safety371.65.85.2273.25.24.7+98.4
Education and Training302.94.74.6241.24.64.2+61.7
Health Care and Social Assistance677.510.69.3497.49.48.3+180.0
Arts and Recreation Services74.
Other Services190.93.02.7171.93.33.0+19.0
Total industries6,389.5100.0100.05,287.9100.0100.0+1,101.6

Source: National Institute of Economic and Industry Research (NIEIR) ©2024. ©2023. Compiled and presented in 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 2022/23 shows the three largest industries were:

  • Construction ($1,178million or 18.4%)
  • Health Care and Social Assistance ($677million or 10.6%)
  • Financial and Insurance Services ($546million or 8.5%)

In combination these three industries accounted for $2,401 million in total or 37.6% of the total local sales by total industry in the the City of Launceston.

In comparison, the same 3 industries in Tasmania accounted for 25.3% in Construction; 9.3% in Health Care and Social Assistance and 5.3% 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 (18.4% compared to 25.3%)
  • A larger percentage of local sales by Financial and Insurance Services (8.5% compared to 5.3%)
  • A smaller percentage of local sales by Agriculture, Forestry and Fishing (1.8% compared to 3.6%)
  • A larger percentage of local sales by Health Care and Social Assistance (10.6% compared to 9.3%)

Emerging groups

The total local sales by industry in the City of Launceston $increased by 1,102 million between 2016/17 and 2022/23.

The largest changes in the local sales by industries between 2016/17 and 2022/23 in the City of Launceston were for:

  • Construction (+$188 million)
  • Health Care and Social Assistance (+$180 million)
  • Transport, Postal and Warehousing (+$151 million)
  • Financial and Insurance Services (+$114 million)

City of Launceston

economic profile