Understanding the economic role of Woollahra Municipal 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 Woollahra Municipal Council area'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 | ||||||
---|---|---|---|---|---|---|
Woollahra Municipal Council area | 2022 | 2017 | 2012 | |||
Industry | number | % | number | % | number | % |
Agriculture, forestry and fishing | 63 | 0.3 | 55 | 0.2 | 50 | 0.2 |
Mining | 9 | 0.0 | 15 | 0.1 | 35 | 0.2 |
Goods related | 5,113 | 22.4 | 5,312 | 23.3 | 5,572 | 26.6 |
Household services | 10,328 | 45.2 | 10,263 | 44.9 | 8,738 | 41.7 |
Business services | 6,072 | 26.6 | 6,010 | 26.3 | 5,197 | 24.8 |
Public administration and safety | 1,271 | 5.6 | 1,191 | 5.2 | 1,357 | 6.5 |
Total Industries | 22,856 | 100.0 | 22,845 | 100.0 | 20,947 | 100.0 |
Source: National Institute of Economic and Industry Research (NIEIR) ©2023. ©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 |