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 | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 145 | 0.1 | 144 | 0.2 | 88 | 0.1 |
| Mining | 592 | 0.5 | 567 | 0.6 | 570 | 0.7 |
| Goods related | 18,792 | 17.4 | 17,599 | 19.7 | 15,726 | 18.6 |
| Household services | 18,135 | 16.8 | 18,444 | 20.6 | 16,910 | 20.0 |
| Business services | 66,870 | 62.1 | 49,383 | 55.3 | 47,720 | 56.5 |
| Public administration and safety | 3,222 | 3.0 | 3,230 | 3.6 | 3,510 | 4.2 |
| Total Industries | 107,754 | 100.0 | 89,367 | 100.0 | 84,524 | 100.0 |
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 | ||||||