City of MonashEconomic profile
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City of Monash

Industry composition

In 2018, the Goods related sector accounted for 42.3% of employment in the City of Monash. The importance of this sector has declined over the last 10 years (51.0% in 2008)

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, 2018: 0.1% Agriculture, forestry and fishing, 2018: 0.2% Public administration and safety, 2018: 2.9% Business services, 2018: 18.7% Household services, 2018: 35.9% Goods related, 2018: 42.3% Mining, 2013: 0.1% Agriculture, forestry and fishing, 2013: 0.1% Public administration and safety, 2013: 2.9% Business services, 2013: 17.6% Household services, 2013: 33.2% Goods related, 2013: 46.0% Mining, 2008: 0.0% Agriculture, forestry and fishing, 2008: 0.2% Public administration and safety, 2008: 2.5% Business services, 2008: 17.0% Household services, 2008: 29.3% Goods related, 2008: 51.0%
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in by .id the population experts
Employment composition
City of Monash201820132008
Goods related57,21142.354,04146.057,94851.0
Household services48,57235.938,94733.233,34829.3
Business services25,30118.720,62817.619,30917.0
Public administration and safety3,9182.93,4472.92,8782.5
Agriculture, forestry and fishing2730.21600.11790.2

Source: National Institute of Economic and Industry Research (NIEIR) ©2018. Compiled and presented in by .id , the population experts.

Data are based on a 2016-17 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