Understanding the economic role of North Sydney Council 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 North Sydney Council area'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 | ||||||
|---|---|---|---|---|---|---|
| North Sydney Council area | 2022 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 139 | 0.1 | 133 | 0.1 | 116 | 0.1 |
| Mining | 497 | 0.5 | 500 | 0.6 | 505 | 0.6 |
| Goods related | 17,308 | 17.8 | 17,342 | 19.5 | 15,547 | 18.5 |
| Household services | 17,198 | 17.7 | 18,407 | 20.7 | 16,867 | 20.0 |
| Business services | 59,365 | 61.0 | 49,323 | 55.5 | 47,693 | 56.6 |
| Public administration and safety | 2,785 | 2.9 | 3,235 | 3.6 | 3,520 | 4.2 |
| Total Industries | 97,291 | 100.0 | 88,941 | 100.0 | 84,247 | 100.0 |
Source: National Institute of Economic and Industry Research (NIEIR) ©2022. ©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 | ||||||