Understanding the economic role of Byron 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 Byron 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 | ||||||
|---|---|---|---|---|---|---|
| Byron Shire | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 669 | 3.1 | 643 | 4.1 | 591 | 4.3 |
| Mining | 32 | 0.1 | 10 | 0.1 | 55 | 0.4 |
| Goods related | 7,554 | 35.4 | 5,125 | 32.7 | 4,974 | 35.8 |
| Household services | 8,855 | 41.5 | 6,557 | 41.9 | 5,558 | 40.0 |
| Business services | 3,649 | 17.1 | 2,858 | 18.3 | 2,302 | 16.6 |
| Public administration and safety | 600 | 2.8 | 459 | 2.9 | 403 | 2.9 |
| Total Industries | 21,359 | 100.0 | 15,652 | 100.0 | 13,884 | 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 | ||||||