City of Monash

Industry composition

In 2020, the Goods related sector accounted for 45.2% of employment in City of Monash. The importance of this sector has declined over the last 10 years (48.7% in 2009)

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 Monash202020152010
Industrynumber$number%. number%.
Agriculture, forestry and fishing2590.21830.21520.1
Mining1360.11090.11370.1
Goods related65,32845.253,74344.355,28148.7
Household services48,00833.241,64134.335,16231.0
Business services26,78418.522,06018.219,67417.3
Public administration and safety3,9632.73,4992.93,1812.8
Total Industries144,478100.0121,235100.0113,588100.0

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 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.

Please refer to specific data notes for more information

City of Monash

economic profile