Understanding the economic role of Penrith City 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 Penrith City'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 | ||||||
|---|---|---|---|---|---|---|
| Penrith City | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 928 | 0.9 | 816 | 1.0 | 598 | 0.9 |
| Mining | 253 | 0.3 | 298 | 0.4 | 320 | 0.5 |
| Goods related | 44,765 | 45.4 | 37,002 | 45.6 | 31,351 | 44.6 |
| Household services | 35,697 | 36.2 | 29,828 | 36.8 | 25,637 | 36.5 |
| Business services | 9,963 | 10.1 | 7,934 | 9.8 | 6,911 | 9.8 |
| Public administration and safety | 7,029 | 7.1 | 5,220 | 6.4 | 5,472 | 7.8 |
| Total Industries | 98,635 | 100.0 | 81,098 | 100.0 | 70,289 | 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 | ||||||