Brisbane's key economic facts

Brisbane City Council regularly collects information on Brisbane’s economic performance including key statistics and research. Each quarter, Council compiles this information into the Brisbane Economic Snapshot and Key Facts.

First quarter 2019

The latest figures have been compiled by Council’s Economic Development branch.

Value of the economy

Greater Brisbane's economy is currently worth $171 billion.

Employment

Brisbane's local government area employs 886,000 people.

Top-5 industries

Brisbane's top industry by employment is Health Care and Social Assistance. 

Population

Brisbane's local government area has a population of 1,231,605.

Economy and trade

Table with economy and trade information
Indicator (latest data) Brisbane Local Government Area (LGA) ^ Greater Brisbane ^^
Value of the Greater Brisbane economy (June 2018) Not applicable $171 billion *

* Source: Brisbane City Council estimate

Value of major export categories

Table with value of major export categories information
Indicator (latest data) Value
Tourism exports (year to December 2018) $7.4 billion ##
Education exports in 2014-- $3.8 billion
Exports through Australia TradeCoast in 2017-18 $16.1 billion ~~

## Data for Brisbane Tourism Region.
-- Figure is based on enrolments and includes investment in real estate and tourism from visiting family and friends.
~~ Sum of exports through Brisbane Airport and Port of Brisbane.

Employment

Table about employment information
Indicator (latest data) Brisbane LGA Greater Brisbane
Employment in March 2019 (12-month average) 886,000# 1,252,726
Forecast employment in 2041 ♦ 1,152,744 1,622,626
Unemployment rate in March 2019 (12-month average) 5.5% 6.2%

# The LGA employment figure is a Brisbane City Council estimate of people working in Brisbane, which includes commuters living outside of the Brisbane LGA.
♦ Employment forecasts completed for Brisbane City Council by the National Institute of Economic and Industry Research (NIEIR), 2014.

Top-5 industries by employment (May 2019)

Table with top 5 industries by employment information
Indicator (latest data) Brisbane LGA Greater Brisbane
1. Health care and social assistance 126,458 177,028
2. Professional, scientific and technical services 87,220 110,343
3. Retail trade 83,647 120,893
4. Construction 76,823 116,540
5. Education and training 75,879 101,680

Businesses

Table with businesses information
Indicator (latest data) Brisbane LGA Greater Brisbane
Estimated number of Brisbane businesses (June 2018)++ 127,895 205,747

++ ABS 8165.0, counts of Australian businesses, including entries and exits.

People

Table with people of Brisbane information
Indicator (latest data) Brisbane LGA Greater Brisbane
Population (June 2018) 1,231,605 2,462,637
Population projections (June 2041)** 1,551,149 3,667,302

** Figures sourced from Queensland Government Statistician's Office medium series population projections by Local Government Area (November 2018).

Dwellings

Table about dwelling information
Indicator (latest data) Brisbane LGA Greater Brisbane
Number of dwellings (Census 2016) 404,159 789,464
Forecast number of dwellings in 2041 (Queensland Government estimate)+ 613,578 1,425,963

+ Queensland Government Statistician’s Office Dwelling Projections, 2018 edition.

Sources

Brisbane City Council uses a range of sources, listed below, to compile this information. Wherever possible, external data sources including Australian Bureau of Statistics (ABS) and Queensland Treasury have been used.

Statement of data quality: while every care has been taken to ensure the content is accurate, there may be errors or omissions in it and no legal responsibility is accepted for the information.

More information

For more information email Council's Economic Development branch.

Last updated:22 July 2019