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.
This chart shows the key growth industries, as measured by the increase in employment since 2002
Detailed Industry Data (2017)
|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|
|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|
|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|
|Transport, Postal and Warehousing||15,825||327||4,998,463,416||2,313,773,021|
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.