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 | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 67 | 0.3 | 57 | 0.2 | 51 | 0.2 |
| Mining | 18 | 0.1 | 26 | 0.1 | 36 | 0.2 |
| Goods related | 5,132 | 22.6 | 5,379 | 23.1 | 5,519 | 26.3 |
| Household services | 10,208 | 45.0 | 10,643 | 45.7 | 8,770 | 41.8 |
| Business services | 5,911 | 26.0 | 5,992 | 25.7 | 5,241 | 25.0 |
| Public administration and safety | 1,361 | 6.0 | 1,178 | 5.1 | 1,352 | 6.4 |
| Total Industries | 22,697 | 100.0 | 23,275 | 100.0 | 20,968 | 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 | ||||||