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.

Fourth quarter 2018

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

Value of the economy

Greater Brisbane's economy is currently worth $162 billion.

Employment

Brisbane's local government area employs 883,000 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 1,209,322.

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 2017) Not applicable $162 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 September 2018) $7.1 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 December 2018 (12-month average) 883,000# 1,251,196
Forecast employment in 2041 ♦ 1,152,744 1,622,626
Unemployment rate in December 2018 (12-month average) 5.5% 6.1%

# 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 (November 2018)

Table with top 5 industries by employment information
Indicator (latest data) Brisbane LGA Greater Brisbane
1. Health care and social assistance 127,315 176,594
2. Professional, scientific and technical services 90,810 114,680
3. Retail trade 82,020 119,409
4. Education and training 74,544 100,450
5. Construction 74,450 113,310

Businesses

Table with businesses information
Indicator (latest data) Brisbane LGA Greater Brisbane
Estimated number of Brisbane businesses (June 2017)++ 123,747 198,863

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

People

Table with people of Brisbane information
Indicator (latest data) Brisbane LGA Brisbane metropolitan area~
Population (June 2017) 1,209,322 2,413,457
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 Brisbane metropolitan area
Number of dwellings (Census 2016) 404,159 789,464
Forecast number of dwellings in 2036 (Queensland Government estimate)+ 571,762 1,285,601

+ Queensland Government Statistician’s Office Household and Dwelling Projections, 2015 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:14 May 2019