Understanding the economic role of Greater Sydney 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 Greater Sydney'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.
Current area:
| Employment composition | ||||||
|---|---|---|---|---|---|---|
| Greater Sydney | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 11,294 | 0.4 | 9,871 | 0.4 | 7,384 | 0.3 |
| Mining | 7,670 | 0.3 | 7,875 | 0.3 | 6,153 | 0.3 |
| Goods related | 920,718 | 33.3 | 893,804 | 35.5 | 851,365 | 37.5 |
| Household services | 873,958 | 31.6 | 797,025 | 31.6 | 679,682 | 29.9 |
| Business services | 783,157 | 28.3 | 676,294 | 26.8 | 592,931 | 26.1 |
| Public administration and safety | 166,228 | 6.0 | 136,121 | 5.4 | 132,056 | 5.8 |
| Total Industries | 2,763,025 | 100.0 | 2,520,990 | 100.0 | 2,269,571 | 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 | ||||||