City of Melbourne Economic Profile
Welcome to the City of Melbourne Economic Profile. This site provides an overview of the size, character and performance of the City of Melbourne economy. You can access economic data on industries or locations in the City. Scroll down to view the headline indicators, or use the navigation links above to access more detailed data about the municipality's economy. As shown in the map below, the City of Melbourne encompasses the Melbourne CBD, Southbank, Docklands and many of Melbourne's inner-city suburbs.
461,539
Local Jobs
7.91 Million m²
Office Space
$94.96b
Gross Local Product
1.56 Million m²
Retail Space
Gross Local Product (GLP) is a measure of the size of the City of Melbourne economy. In 2017 it was $94.96 billion.
The City of Melbourne makes a major contribution to the Victorian and Australian economies. It accounts for 25% of Victoria's Gross State Product and 6% of Australian Gross Domestic Product.
36%
Greater Melbourne Economy
25%
Victorian Economy
6%
Australian Economy