City of Sydney

Local sales

In the City of Sydney, Professional, Scientific and Technical Services had the highest local sales, generating $25,498 million in 2022/23.

Local sales by industry measures the output of local industries that is sold locally. This includes sales to local consumers, businesses and other organisations.

To get the full picture how each industry sector contributes to the regional or state economy, local sales data should be viewed alongside the other industry characteristics in the Industry sector analysis section.

Detailed notes about how the figures are derived can be found in the specific topic notes section.

Data source

National Economics (NIEIR) - Modelled series

Current benchmark:
Comparison year:
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Local sales by industry sector
City of Sydney - Constant prices2022/232008/09Change
Industry$m%. Greater Sydney$m%. Greater Sydney2008/09 - 2022/23
Agriculture, Forestry and Fishing177.20.10.562.80.10.4+114.4
Mining1,282.31.10.31,027.01.40.3+255.3
Manufacturing3,527.53.06.55,340.87.111.4-1,813.3
Electricity, Gas, Water and Waste Services3,712.73.12.43,817.75.13.4-105.0
Construction12,408.910.421.010,018.013.319.2+2,390.8
Wholesale Trade2,664.12.23.62,586.43.44.5+77.7
Retail Trade2,627.02.24.41,810.62.45.0+816.4
Accommodation and Food Services2,559.62.23.21,062.31.43.3+1,497.4
Transport, Postal and Warehousing5,289.74.56.35,202.26.96.6+87.5
Information Media and Telecommunications7,942.76.74.02,636.03.52.1+5,306.7
Financial and Insurance Services15,454.013.06.47,577.810.05.6+7,876.2
Rental, Hiring and Real Estate Services19,998.916.810.210,295.213.69.4+9,703.7
Professional, Scientific and Technical Services25,498.121.511.011,405.615.18.3+14,092.5
Administrative and Support Services8,179.46.94.66,149.38.15.2+2,030.1
Public Administration and Safety2,737.12.33.32,301.23.03.8+435.9
Education and Training1,040.90.93.3765.81.02.9+275.1
Health Care and Social Assistance1,716.91.45.8927.61.24.8+789.3
Arts and Recreation Services1,151.31.01.11,199.31.61.1-48.0
Other Services849.30.71.91,270.41.72.6-421.1
Total industries118,817.5100.0100.075,456.0100.0100.0+43,361.4

Source: National Institute of Economic and Industry Research (NIEIR) ©2024. ©2023. Compiled and presented in economy.id by .id (informed decisions) NIEIR-ID data are adjusted each year, using updated employment estimates. .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

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Dominant groups

An analysis of the local sales by industry sectors in the City of Sydney in 2022/23 shows the three largest industries were:

  • Professional, Scientific and Technical Services ($25,498million or 21.5%)
  • Rental, Hiring and Real Estate Services ($19,999million or 16.8%)
  • Financial and Insurance Services ($15,454million or 13.0%)

In combination these three industries accounted for $60,951 million in total or 51.3% of the total local sales by total industry in the the City of Sydney.

In comparison, the same 3 industries in Greater Sydney accounted for 11.0% in Professional, Scientific and Technical Services; 10.2% in Rental, Hiring and Real Estate Services and 6.4% in Financial and Insurance Services.

The major differences between local sales by industries of the City of Sydney and Greater Sydney were:

  • A smaller percentage of local sales by Construction (10.4% compared to 21.0%)
  • A larger percentage of local sales by Professional, Scientific and Technical Services (21.5% compared to 11.0%)
  • A larger percentage of local sales by Financial and Insurance Services (13.0% compared to 6.4%)
  • A larger percentage of local sales by Rental, Hiring and Real Estate Services (16.8% compared to 10.2%)

Emerging groups

The total local sales by industry in the City of Sydney $increased by 43,361 million between 2008/09 and 2022/23.

The largest changes in the local sales by industries between 2008/09 and 2022/23 in the City of Sydney were for:

  • Professional, Scientific and Technical Services (+$14,093 million)
  • Rental, Hiring and Real Estate Services (+$9,704 million)
  • Financial and Insurance Services (+$7,876 million)
  • Information Media and Telecommunications (+$5,307 million)

City of Sydney

economic profile