Understanding the economic role of Liverpool City Council 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 Liverpool City'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 | ||||||
|---|---|---|---|---|---|---|
| Liverpool City | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 662 | 0.6 | 828 | 1.0 | 731 | 1.0 |
| Mining | 112 | 0.1 | 71 | 0.1 | 50 | 0.1 |
| Goods related | 44,798 | 43.3 | 38,457 | 47.3 | 33,296 | 46.9 |
| Household services | 37,725 | 36.5 | 27,579 | 33.9 | 22,892 | 32.2 |
| Business services | 10,748 | 10.4 | 8,014 | 9.9 | 7,912 | 11.1 |
| Public administration and safety | 9,358 | 9.0 | 6,321 | 7.8 | 6,110 | 8.6 |
| Total Industries | 103,403 | 100.0 | 81,270 | 100.0 | 70,991 | 100.0 |
Source: National Institute of Economic and Industry Research (NIEIR) ©2024. ©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 | ||||||