Understanding the economic role of Inner West 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 the Inner West 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 | ||||||
|---|---|---|---|---|---|---|
| Inner West Council area | 2024 | 2019 | 2014 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 357 | 0.5 | 132 | 0.2 | 94 | 0.1 |
| Mining | 27 | 0.0 | 56 | 0.1 | 17 | 0.0 |
| Goods related | 26,989 | 34.8 | 27,785 | 35.7 | 26,267 | 38.8 |
| Household services | 32,678 | 42.2 | 31,551 | 40.5 | 24,723 | 36.5 |
| Business services | 12,590 | 16.3 | 13,427 | 17.2 | 12,455 | 18.4 |
| Public administration and safety | 4,834 | 6.2 | 4,897 | 6.3 | 4,171 | 6.2 |
| Total Industries | 77,475 | 100.0 | 77,848 | 100.0 | 67,728 | 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 | ||||||