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The Ipswich Economic Story in 2025
What are the largest industries in Ipswich? Where are the employment opportunities?
Ipswich: Powering Ahead
A visual deep-dive into the city's robust economic growth, diverse business landscape, and strategic vision for the future.
$15.08B
Gross Regional Product (2024)
+4.2%
Annual GRP Growth (2023-24)
13,049
Total Registered Businesses
95,532
Total Local Jobs
The Growth Engine: Outpacing the Region
Ipswich GRP Growth Trajectory
Ipswich's economy has demonstrated remarkable resilience and momentum, rebounding strongly from a minor contraction in 2020 to achieve a record Gross Regional Product. This consistent upward trend highlights significant investment and business confidence across the city.
Regional Growth Comparison (2024)
With a 4.2% growth rate, Ipswich's economic expansion significantly surpasses the state average and that of its regional neighbours. This superior performance positions the city as a leading economic hub in South East Queensland.
The Business Landscape: Diverse & Entrepreneurial
The Power of Small Business
A defining feature of Ipswich's economy is its vibrant entrepreneurial culture. Micro-businesses, primarily sole operators, form the largest single segment of the business community, underscoring a dynamic, agile, and community-focused local market.
Top Industries by Business Count (2024)
The sheer number of businesses in Construction and Transport reflects the city's rapid expansion and its strategic role in logistics. This is complemented by a strong professional services sector, catering to a growing population and business base.
The Pillars of the Economy
Ipswich's economic strength is not reliant on a single sector. Instead, it's supported by a balanced and diverse mix of industries, each playing a critical role in employment, value creation, and generating external revenue through exports. This diversity provides a powerful foundation for long-term economic resilience.
Top Employers (2023/24)
Health Care is the city's largest employer, driven by the needs of a fast-growing population.
Top Value-Adding Industries (2024)
Public Administration, Manufacturing, and Construction are the powerhouse contributors to economic value.
Future Horizons: A City on the Rise
560,000
Projected Population by 2041
+28,300
Projected New Jobs by 2041
Economic Development Strategy 2023-2027
The Ipswich City Council's strategic plan provides a clear, four-pillar framework to guide this ambitious growth, ensuring it is sustainable, inclusive, and enhances the city's overall prosperity and liveability.
People
Fostering local jobs, skills development, and talent retention.
Place
Enhancing liveability and built features to attract investment.
Prosperity
Driving investment attraction and supporting local business success.
Partnerships
Building strong stakeholder connections for a thriving economy.
AI-Powered Insights
Industry Trend Analysis ✨
Get a quick AI-generated overview of current trends, challenges, and the future outlook for any industry in Ipswich.
Economic Strengths Summary ✨
Receive an executive summary highlighting Ipswich's key economic strengths and future growth positioning.
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