Understanding the economic role of Randwick City 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 Randwick City'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 | ||||||
|---|---|---|---|---|---|---|
| Randwick City | 2024 | 2019 | 2014 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 50 | 0.1 | 79 | 0.1 | 63 | 0.1 |
| Mining | 68 | 0.1 | 50 | 0.1 | 3 | 0.0 |
| Goods related | 14,142 | 23.5 | 15,047 | 26.1 | 12,477 | 24.6 |
| Household services | 35,286 | 58.7 | 32,256 | 56.0 | 28,381 | 56.0 |
| Business services | 6,862 | 11.4 | 6,492 | 11.3 | 6,014 | 11.9 |
| Public administration and safety | 3,655 | 6.1 | 3,717 | 6.4 | 3,704 | 7.3 |
| Total Industries | 60,063 | 100.0 | 57,642 | 100.0 | 50,642 | 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 | ||||||