City of Melbourne

The City of Melbourne's Gross Regional Product is estimated at $115.73 billion, which represents 21.59% of the state's GSP (Gross State Product).

The City of Melbourne's economic profile presents economic information that enables you to describe the area's role within the broader economy, explore options for economic development and promote the area's strengths. The information presented here is derived from official sources of information (Australian Bureau of Statistics) as well as Australia's leading economic modellers (NIEIR). The latest data from each series is always presented in this site. industry structure and industry sector profiles use a National Accounts regional econometric model developed by National Economics (NIEIR).

The latest NIEIR State of the Regions dataset was released in May 2024. Look for the green dot next to pages that have been updated.For a deeper understanding of changes, take a look at the Explanatory notes.

Key Statistics

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City of Melbourne

economic profile