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 | 2023 | 2017 | 2012 | |||
Industry | number | % | number | % | number | % |
Agriculture, forestry and fishing | 49 | 0.6 | 156 | 2.0 | 72 | 1.0 |
Mining | 1,056 | 12.8 | 842 | 11.0 | 832 | 11.0 |
Goods related | 2,292 | 27.7 | 2,173 | 28.4 | 2,450 | 32.4 |
Household services | 3,797 | 46.0 | 3,307 | 43.2 | 2,958 | 39.1 |
Business services | 587 | 7.1 | 650 | 8.5 | 678 | 9.0 |
Public administration and safety | 481 | 5.8 | 529 | 6.9 | 578 | 7.6 |
Total Industries | 8,263 | 100.0 | 7,657 | 100.0 | 7,567 | 100.0 |
Source: National Institute of Economic and Industry Research (NIEIR) ©2024. ©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 |