Understanding the economic role of City of Newcastle 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 City of Newcastle'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 Newcastle | 2024 | 2019 | 2014 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 613 | 0.4 | 712 | 0.6 | 291 | 0.3 |
| Mining | 1,215 | 0.8 | 1,373 | 1.1 | 1,059 | 1.0 |
| Goods related | 46,821 | 32.5 | 42,516 | 34.5 | 40,840 | 37.8 |
| Household services | 63,803 | 44.2 | 49,875 | 40.5 | 40,209 | 37.2 |
| Business services | 24,115 | 16.7 | 21,579 | 17.5 | 19,183 | 17.8 |
| Public administration and safety | 7,709 | 5.3 | 7,101 | 5.8 | 6,472 | 6.0 |
| Total Industries | 144,275 | 100.0 | 123,155 | 100.0 | 108,055 | 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 | ||||||