Understanding the economic role of City of Canterbury Bankstown 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 City of Canterbury Bankstown'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 | ||||||
|---|---|---|---|---|---|---|
| City of Canterbury Bankstown | 2024 | 2019 | 2014 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 118 | 0.1 | 143 | 0.1 | 97 | 0.1 |
| Mining | 180 | 0.2 | 172 | 0.1 | 17 | 0.0 |
| Goods related | 56,503 | 47.4 | 59,063 | 50.3 | 57,700 | 54.4 |
| Household services | 43,372 | 36.4 | 40,508 | 34.5 | 32,213 | 30.4 |
| Business services | 13,653 | 11.4 | 12,670 | 10.8 | 11,387 | 10.7 |
| Public administration and safety | 5,418 | 4.5 | 4,787 | 4.1 | 4,679 | 4.4 |
| Total Industries | 119,245 | 100.0 | 117,343 | 100.0 | 106,092 | 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 | ||||||