Understanding the economic role of City of Stonnington 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 Stonnington'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 Stonnington | 2024 | 2019 | 2014 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 93 | 0.1 | 150 | 0.2 | 92 | 0.2 |
| Mining | 49 | 0.1 | 58 | 0.1 | 36 | 0.1 |
| Goods related | 21,600 | 29.1 | 19,608 | 29.1 | 19,146 | 32.9 |
| Household services | 29,653 | 40.0 | 27,465 | 40.7 | 22,998 | 39.5 |
| Business services | 20,955 | 28.2 | 18,552 | 27.5 | 14,808 | 25.4 |
| Public administration and safety | 1,849 | 2.5 | 1,567 | 2.3 | 1,184 | 2.0 |
| Total Industries | 74,200 | 100.0 | 67,400 | 100.0 | 58,265 | 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 | ||||||