City of Monash

Industry composition

In 2021, the Goods related sector accounted for 40.6% of employment in City of Monash. The importance of this sector has declined over the last 10 years (48.5% in 2011)

Understanding the economic role of City of Monash 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 City of Monash'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
City of Monash202120162011
Industrynumber$number%. number%.
Agriculture, forestry and fishing2600.22060.21320.1
Mining1830.1860.11430.1
Goods related58,41540.655,37043.956,58948.5
Household services50,14834.943,89334.836,54431.3
Business services30,06420.922,97118.219,93717.1
Public administration and safety4,6663.23,5672.83,3612.9
Total Industries143,736100.0126,093100.0116,705100.0

Source: National Institute of Economic and Industry Research (NIEIR) ©2021. Compiled and presented in economy.id by .id (informed decisions). Data are based on a 2018-19 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

City of Monash

economic profile