City of MonashEconomic profile
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City of Monash

Industry composition

This page has been updated with 2016-17 NIEIR-ID economic model data

You may notice some changes to current and past data. Learn more about these changes.

In 2017, the Goods related sector accounted for 43.4% of employment in the City of Monash. The importance of this sector has declined over the last 10 years (49.1% in 2007)

Understanding the economic role of the 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 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
Employment composition Mining, 2017: 0.1% Agriculture, forestry and fishing, 2017: 0.2% Public administration and safety, 2017: 2.9% Business services, 2017: 18.7% Household services, 2017: 34.7% Goods related, 2017: 43.4% Mining, 2012: 0.1% Agriculture, forestry and fishing, 2012: 0.1% Public administration and safety, 2012: 3.0% Business services, 2012: 17.9% Household services, 2012: 33.4% Goods related, 2012: 45.6% Mining, 2007: 0.5% Agriculture, forestry and fishing, 2007: 0.1% Public administration and safety, 2007: 2.6% Business services, 2007: 17.8% Household services, 2007: 29.9% Goods related, 2007: 49.1%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in by .id the population experts
Employment composition
City of Monash201720122007
Goods related56,34843.451,04445.652,11349.1
Household services45,10334.737,37233.431,72929.9
Business services24,32518.720,04817.918,86417.8
Public administration and safety3,7062.93,4083.02,7212.6
Agriculture, forestry and fishing3020.21270.11370.1

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in by .id , the population experts.

Data are based on a 2015-16 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