Understanding the economic role of Australia 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 Australia'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 | ||||||
|---|---|---|---|---|---|---|
| Australia | 2024 | 2019 | 2014 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 309,915 | 2.2 | 328,042 | 2.6 | 291,407 | 2.6 |
| Mining | 307,546 | 2.2 | 251,610 | 2.0 | 231,703 | 2.1 |
| Goods related | 4,833,844 | 34.1 | 4,511,025 | 35.6 | 4,303,380 | 38.2 |
| Household services | 5,110,243 | 36.0 | 4,369,665 | 34.4 | 3,607,487 | 32.0 |
| Business services | 2,673,939 | 18.8 | 2,375,693 | 18.7 | 2,079,787 | 18.4 |
| Public administration and safety | 957,619 | 6.7 | 849,287 | 6.7 | 765,358 | 6.8 |
| Total Industries | 14,193,107 | 100.0 | 12,685,322 | 100.0 | 11,279,121 | 100.0 |
Source: National Institute of Economic and Industry Research (NIEIR) ©2025. 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 | ||||||