City of Port Phillip

Industry composition

In 2024, the Business services sector accounted for 38.9% of employment in City of Port Phillip. The importance of this sector has declined over the last 10 years (41.0% in 2014).

Understanding the economic role of City of Port Phillip 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 Port Phillip'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.

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Employment composition
City of Port Phillip202420192014
Industrynumber%. number%. number%.
Agriculture, forestry and fishing1910.23440.41500.2
Mining6730.78290.95680.7
Goods related26,78928.727,42429.125,91030.6
Household services26,83128.725,55427.120,61224.3
Business services36,33138.937,49739.834,74941.0
Public administration and safety2,5312.72,5822.72,6733.2
Total Industries93,347100.094,230100.084,661100.0

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

City of Port Phillip

economic profile