Understanding the economic role of Yarra Ranges 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 Yarra Ranges 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 | ||||||
|---|---|---|---|---|---|---|
| Yarra Ranges Council area | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 2,218 | 4.1 | 2,956 | 6.2 | 1,855 | 4.0 |
| Mining | 71 | 0.1 | 158 | 0.3 | 129 | 0.3 |
| Goods related | 22,743 | 42.3 | 18,970 | 40.0 | 20,594 | 44.4 |
| Household services | 21,096 | 39.2 | 18,578 | 39.2 | 16,987 | 36.7 |
| Business services | 5,979 | 11.1 | 5,526 | 11.6 | 5,478 | 11.8 |
| Public administration and safety | 1,643 | 3.1 | 1,254 | 2.6 | 1,288 | 2.8 |
| Total Industries | 53,750 | 100.0 | 47,442 | 100.0 | 46,331 | 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 | ||||||