Understanding the economic role of Broken Hill City provides a framework for understanding what policy responses and investment may be appropriate to support the growth of businesses and maintenance of a vibrant economy in the future.
The charts and table below give a broad overview of the role and function of your economy. It helps answer questions such as:
- How much of Broken Hill City's economy is driven by meeting the local population needs?
- What proportion of jobs in the area are in goods production or selling of products?
- In which broad sectors are the key strengths of the local economy?
- What contribution do business services make in your area and is it growing?
- Is there a presence of local, state and federal government workers in in the area?
Once you have developed a broad picture of your economy, you can then drill down further with all the detail here.
Employment composition | ||||||
---|---|---|---|---|---|---|
Broken Hill City | 2022 | 2017 | 2012 | |||
Industry | number | % | number | % | number | % |
Agriculture, forestry and fishing | 47 | 0.6 | 164 | 2.1 | 68 | 0.9 |
Mining | 1,068 | 14.1 | 849 | 11.0 | 773 | 10.2 |
Goods related | 2,213 | 29.3 | 2,175 | 28.3 | 2,448 | 32.3 |
Household services | 3,209 | 42.5 | 3,419 | 44.5 | 2,985 | 39.4 |
Business services | 549 | 7.3 | 580 | 7.5 | 723 | 9.5 |
Public administration and safety | 462 | 6.1 | 498 | 6.5 | 582 | 7.7 |
Total Industries | 7,548 | 100.0 | 7,685 | 100.0 | 7,580 | 100.0 |
Source: National Institute of Economic and Industry Research (NIEIR) ©2023. ©2023. Compiled and presented in economy.id by .id (informed decisions). Data are based on a 2020-21 price base for all years. NIEIR-ID data are inflation adjusted each year to allow direct comparison, and annual data releases adjust previous years’ figures to a new base year.Learn more. Please refer to specific data notes for more information |