Diversity is a key factor in the resilience of Albury's economy, eliminating the reliance on one particular sector for buoyancy. The Top 3 contributors to the local economy are the 'Rental, Hiring & Real Estate', 'Manufacturing', and 'Public Administration & Safety' sectors, with the 'Finance & Insurance' sector achieving 12% growth in the last 16 months.
Around 8,000 local businesses contribute to Albury Wodonga's Gross Regional Product currently valued at $5.9 Billion.
Albury is the major commercial, retail, administrative and cultural centre for a greater regional population of 180,000 people. Albury's population is now over 52,000 and it is anticipated that by 2036, Albury Wodonga will have a combined population of approximately 125,000 people.
Albury's industry sectors ranked by value added contribution
Source: REMPLAN May 2016