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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.

455,753

Local Jobs


7.95 Million m²

Office Space

$92.12b

Gross Local Product


1.55 Million m²

Retail Space


Gross Local Product

Gross Local Product (GLP) is a measure of the size of the City of Melbourne economy. In 2016 it was $92.12 billion.

Table

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.

35%

Greater Melbourne Economy

25%

Victorian Economy

6%

Australian Economy


Industries

There are 455,753 jobs in the municipality. The biggest industry is the professional, scientific and technical services sector.

More Industry Data