City of Port Phillip

Industry composition

In 2022, the Business services sector accounted for 39.5% of employment in City of Port Phillip. The importance of this sector has declined over the last 10 years (41.2% in 2012)

Understanding the economic role of City of Port Phillip 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 Port Phillip'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 Port Phillip202220172012
Industrynumber%. number%. number%.
Agriculture, forestry and fishing2070.23340.41450.2
Goods related25,43728.926,03028.425,57930.3
Household services24,22827.626,12228.520,59424.4
Business services34,73239.536,44639.734,77741.2
Public administration and safety2,4342.82,3242.52,6703.2
Total Industries87,894100.091,762100.084,437100.0

Source: National Institute of Economic and Industry Research (NIEIR) ©2022. ©2023. Compiled and presented in 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

City of Port Phillip

economic profile