Standard Industries (ANZSIC)

The City of Melbourne economy can be broken down into industries using the Australian and New Zealand Standard Industrial Classification (ANZSIC) system. Click on an industry on the graphs below to find out more information about a sector. If you would like information about the City of Melbourne's key industries, click on the 'focus industries' tab above.

Industries by Output

Total economic output by industry is shown in the chart below. The largest industry is the financial and insurance services sector. This reflects the municipality’s role as a major financial centre.

Industries by Employment

The chart below shows the number of jobs in each industry. The greatest number are in the professional, scientific and technical services sector. Higher level services account for around 60% of all jobs in the municipality.

Growing Industries

This chart shows the key growth industries, as measured by the increase in employment since 2002

Detailed Industry Data

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Name Total Employment Total Establishment Economic Output ($) GLP Contribution ($) Annual Productivity ($) Hourly Productivity ($)
Accommodation and Food Services 43,493 2,860 7,003,591,395 3,344,068,704 115,529 79.0
Administrative and Support Services 14,513 649 7,669,061,805 3,652,860,950 266,739 163.0
Agriculture, Forestry and Fishing 419 15 139,775,821 62,304,584 135,442 77.0
Arts and Recreation Services 23,362 600 1,676,149,048 714,986,532 29,814 19.0
Construction 5,817 304 1,992,863,806 630,654,030 99,162 50.0
Education and Training 24,699 538 4,928,282,398 3,413,850,913 148,932 96.0
Electricity, Gas, Water and Waste Services 9,805 185 6,982,938,670 3,070,811,551 340,764 188.0
Financial and Insurance Services 62,692 879 32,734,396,519 21,040,254,624 303,720 166.0
Health Care and Social Assistance 38,792 1,083 24,371,318,291 16,995,804,281 563,676 361.0
Information Media and Telecommunications 26,789 268 13,335,936,087 6,905,831,983 241,014 136.0
Manufacturing 15,103 557 5,137,105,315 1,710,251,197 102,410 55.0
Mining 3,477 49 5,055,041,594 2,939,536,359 761,258 386.0
Other Services 12,214 1,534 2,478,516,064 1,372,788,334 118,308 71.0
Professional, Scientific and Technical Services 77,966 2,769 14,979,597,659 7,040,244,485 75,249 41.0
Public Administration and Safety 40,876 269 4,527,985,631 2,286,667,845 44,838 26.0
Rental, Hiring and Real Estate Services 5,391 418 8,994,238,017 3,534,721,111 672,818 367.0
Retail Trade 19,833 2,145 3,816,798,497 2,115,973,777 89,434 61.0
Transport, Postal and Warehousing 14,308 345 4,507,573,660 2,086,535,733 136,118 75.0
Wholesale Trade 10,787 597 3,332,316,063 1,652,608,728 143,199 78.0

City of Melbourne Focus Industries

The following sectors are considered to have the best growth prospects. These are the industries where the City has a critical mass which new entrants can build upon. Financial services is the largest focus industry in the City, followed by the information and communications technology sector.

Retail Trade

19,833

Employees

$2.1b

GLP Contribution

Detailed Data

Advanced Manufacturing

7,802

Employees

$0.9b

GLP Contribution

Detailed Data

Biotech

35,154

Employees

$11.6b

GLP Contribution

Detailed Data

Creative Industries

34,874

Employees

$3.8b

GLP Contribution

Detailed Data

Envirotech

22,629

Employees

$2.0b

GLP Contribution

Detailed Data

Financial Services

62,686

Employees

$21.1b

GLP Contribution

Detailed Data

Healthcare

34,455

Employees

$14.9b

GLP Contribution

Detailed Data

Higher Education

21,303

Employees

$3.0b

GLP Contribution

Detailed Data

Hospitality

43,493

Employees

$3.4b

GLP Contribution

Detailed Data

Information Communication...

32,722

Employees

$6.5b

GLP Contribution

Detailed Data

Knowledge Sector

293,319

Employees

$58.7b

GLP Contribution

Detailed Data

Tourism

39,357

Employees

$3.6b

GLP Contribution

Detailed Data