Understanding the economic role of Bulloo Shire 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 Bulloo Shire'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 | ||||||
|---|---|---|---|---|---|---|
| Bulloo Shire | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 52 | 27.3 | 63 | 27.3 | 99 | 26.3 |
| Mining | 4 | 2.1 | 42 | 18.2 | 100 | 26.5 |
| Goods related | 45 | 23.9 | 34 | 14.9 | 74 | 19.6 |
| Household services | 27 | 14.3 | 34 | 14.8 | 23 | 6.2 |
| Business services | 3 | 1.3 | 0 | 0.0 | 16 | 4.3 |
| Public administration and safety | 59 | 31.0 | 57 | 24.9 | 65 | 17.2 |
| Total Industries | 190 | 100.0 | 231 | 100.0 | 377 | 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 | ||||||