Balonne ShireEconomic profile

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Balonne Shire

Industry sector analysis - All industries

In 2014/15, the Balonne Shire contributed 0.1% of Queensland’s employment and 0.1% of its value added.

Industry sector profiles reveal the way in which each industry contributes to the economy in the Balonne Shire using ten economic measures generated by NIEIR economic modelling. This helps in understanding the role each industry sector plays in the economy.

For example, some industry sectors generate substantial output (turnover), but are not big employers and targeting those industry sectors may not meet the economic development objective of maximising employment.

In the first chart, you can also see how the output of an industry is divided between local sales, domestic exports and international exports. This information can reveal how an industry is structured, and whether it is focused on exporting or on serving the local population.

The table and second chart also show how the Balonne Shire contributes to the wider economy. For example, the Balonne Shire contributes 0.1% of Queensland’s employment.

Industry sector analysis data should be viewed in conjunction with Employment by industry (Total), Employment by industry (FTE), Value added, Imports and Exports to see how each specific industry fits into the wider picture of all industries within the Balonne Shire. To see how concentrated each industry sector is, visit the Employment locations section.

The third chart refers to how employment in the Balonne Shire has changed overtime and how it compares to expected changes based on benchmark and industry trends. This type of analysis is explored further within the Shift-share analysis economic tool.”

National Economics (NIEIR) - Modelled series

Industry sector analysis
Balonne Shire - All industries - Constant prices2014/152009/10Change
Economic measureBalonne ShireQueenslandBalonne Shire as a % of QueenslandBalonne ShireQueenslandBalonne Shire as a % of Queensland2009/10 to 2014/15
Employment (total)2,5892,236,3680.1%2,6802,184,1490.1%-91
Employment (FTE)2,6631,906,0930.1%2,7491,917,4680.1%-85
FTE to total employment ratio1.030.85--1.030.88--0
Output/Total Sales ($m)637.03562,863.730.1%611.99524,922.980.1%+25.04
Value add ($m)284.71252,320.270.1%259.51223,014.310.1%+25.20
Exports ($m)300.21171,423.240.2%271.36160,110.370.2%+28.85
Exports (domestic) ($m)224.35115,010.020.2%217.70112,936.380.2%+6.65
Exports (international) ($m)75.8656,413.220.1%53.6647,173.990.1%+22.20
Imports($m)271.24190,694.730.1%266.77165,067.570.2%+4.47
Imports (domestic) ($m)207.65131,161.330.2%213.69114,982.380.2%-6.04
Imports (international) ($m)63.5959,533.410.1%53.0850,085.190.1%+10.51
Local Sales ($m)336.82391,440.490.1%340.63364,812.620.1%-3.81
Worker productivity ($ per worker)109,952112,826--96,827102,106--+13,124

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Data is based on 2013-14 constant prices for all years. NIEIR data are inflation adjusted each year to allow direct comparison, and new data releases normally adjust previous years’ figures to a new base year.

Economic output by destination
Economic output by destination Balonne Shire, Local Sales: 52.9% Balonne Shire, Exports (international): 11.9% Balonne Shire, Exports (domestic): 35.2% Queensland, Local Sales: 69.5% Queensland, Exports (international): 10.0% Queensland, Exports (domestic): 20.4%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Industry contribution to Queensland 2014/15
Industry contribution to Queensland 2014/15 Employment (total), Balonne Shire - All industries: 0.1% Employment (FTE), Balonne Shire - All industries: 0.1% Output/Total Sales ($m), Balonne Shire - All industries: 0.1% Value add ($m), Balonne Shire - All industries: 0.1% Exports ($m), Balonne Shire - All industries: 0.2% Exports (domestic) ($m), Balonne Shire - All industries: 0.2% Exports (international) ($m), Balonne Shire - All industries: 0.1% Imports($m), Balonne Shire - All industries: 0.1% Imports (domestic) ($m), Balonne Shire - All industries: 0.2% Imports (international) ($m), Balonne Shire - All industries: 0.1% Local Sales ($m), Balonne Shire - All industries: 0.1%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Shift-share analysis for Employment (Total) 2009/10 to 2014/15
Shift-share analysis for Employment (Total) 2009/10 to 2014/15 Net change in Benchmark Growth (BG) effect, Balonne Shire relative to Queensland: 64.1 Net change in Industry Mix (IM) effect, Balonne Shire relative to Queensland: 0.0 Net change in Expected change (BG + IM), Balonne Shire relative to Queensland: 64.1 Net change in Actual change, Balonne Shire relative to Queensland: -90.7 Net change in Regional Competitive (RC) effect, Balonne Shire relative to Queensland: -154.8
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
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