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 (2017)

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Name Total Employment Total Establishment Economic Output ($) GLP Contribution ($)
Accommodation and Food Services 48,132 3,087 7,595,142,773 3,626,524,267
Administrative and Support Services 15,625 620 7,773,654,030 3,702,679,319
Agriculture, Forestry and Fishing 453 16 175,486,386 78,214,350
Arts and Recreation Services 25,856 637 2,248,075,261 958,954,348
Construction 6,656 386 2,289,716,858 724,591,760
Education and Training 25,832 658 5,396,088,230 3,737,903,651
Electricity, Gas, Water and Waste Services 12,300 183 10,884,707,039 4,786,646,774
Financial and Insurance Services 66,463 961 34,478,493,102 22,161,277,265
Health Care and Social Assistance 42,897 1,161 27,179,606,153 18,954,211,354
Information Media and Telecommunications 25,937 265 12,016,060,832 6,222,349,034
Manufacturing 13,636 496 4,730,538,051 1,574,893,802
Mining 3,434 42 4,779,883,993 2,779,534,918
Other Services 13,307 1,625 2,858,629,559 1,583,323,141
Professional, Scientific and Technical Services 84,064 2,846 16,641,980,596 7,821,539,792
Public Administration and Safety 41,980 274 4,728,341,921 2,387,849,271
Rental, Hiring and Real Estate Services 8,631 493 15,159,894,272 5,957,810,941
Retail Trade 21,395 2,077 3,917,133,252 2,171,593,075
Transport, Postal and Warehousing 15,825 327 4,998,463,416 2,313,773,021
Wholesale Trade 6,749 392 2,136,440,244 1,059,532,851

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

21,395

Employees

$2.2b

GLP Contribution

Detailed Data

Advanced Manufacturing

6,902

Employees

$0.8b

GLP Contribution

Detailed Data

Biotech

35,001

Employees

$12.2b

GLP Contribution

Detailed Data

Creative Industries

38,242

Employees

$4.2b

GLP Contribution

Detailed Data

Envirotech

26,649

Employees

$2.3b

GLP Contribution

Detailed Data

Financial Services

66,457

Employees

$22.2b

GLP Contribution

Detailed Data

Healthcare

36,794

Employees

$16.1b

GLP Contribution

Detailed Data

Higher Education

21,491

Employees

$3.2b

GLP Contribution

Detailed Data

Hospitality

48,132

Employees

$3.6b

GLP Contribution

Detailed Data

Information Communication...

36,591

Employees

$6.6b

GLP Contribution

Detailed Data

Knowledge Sector

306,124

Employees

$61.0b

GLP Contribution

Detailed Data

Tourism

41,764

Employees

$3.7b

GLP Contribution

Detailed Data