City of Monash

Industry composition

In 2023, the Household services sector accounted for 39.2% of employment in City of Monash. The importance of this sector has increased over the last 10 years (32.4% in 2012)

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.

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Employment composition
City of Monash202320172012
Industrynumber%. number%. number%.
Agriculture, forestry and fishing1510.12930.21180.1
Mining850.1820.11590.1
Goods related50,97639.255,42443.154,68947.1
Household services51,07439.245,62235.537,58432.4
Business services24,15518.623,49518.320,19117.4
Public administration and safety3,7302.93,5322.83,4293.0
Total Industries130,172100.0128,447100.0116,170100.0

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

City of Monash

economic profile