Northern Tasmania Region

economic profile

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City of Launceston

Industry composition

In 2019, the Household services sector accounted for 42.7% of employment in City of Launceston. The importance of this sector has increased over the last 10 years (36.3% in 2009)

Understanding the economic role of Northern Tasmania Region 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 Launceston'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 Launceston201920142009
Industry$numbernumber%. number%.
Agriculture, forestry and fishing5101.35461.46981.7
Mining1320.31400.4880.2
Goods related14,31035.514,41936.616,35939.6
Household services17,19142.715,80740.114,98936.3
Business services5,72514.25,91115.06,48415.7
Public administration and safety2,4326.02,5776.52,7246.6
Total Industries40,300100.039,401100.041,342100.0

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. Compiled and presented in economy.id 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.

Please refer to specific data notes for more information

Northern Tasmania Region

economic profile