King Island Council area
Industry composition
In 2018, the Goods related sector accounted for 39.4% of employment in the Cradle Coast Region. The importance of this sector has declined over the last 10 years (41.8% in 2007)
Understanding the economic role of the Cradle Coast Region 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 the the Cradle Coast Region'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 | ||||||||
|---|---|---|---|---|---|---|---|---|
| King Island Council area | 2018 | 2013 | 2008 | |||||
| Industry | Number | % | Number | % | Number | % | ||
| Goods related | 367 | 39.4 | 347 | 40.5 | 415 | 41.8 | 23200 | -47.7584 |
| Household services | 235 | 25.2 | 179 | 21.0 | 173 | 17.4 | 23300 | 61.8836 |
| Agriculture, forestry and fishing | 219 | 23.5 | 215 | 25.1 | 284 | 28.6 | 23000 | -65.2553 |
| Business services | 61 | 6.5 | 52 | 6.1 | 57 | 5.8 | 23400 | 3.6013 |
| Public administration and safety | 44 | 4.7 | 62 | 7.3 | 63 | 6.4 | 23500 | -19.6320 |
| Mining | 7 | 0.8 | 0 | 0.0 | 0 | 0.0 | 23100 | 7.1862 |
| Total Industries | 932 | 100.0 | 856 | 100.0 | 992 | 100.0 | ||
Source: National Institute of Economic and Industry Research (NIEIR) (opens a new window) ©2018. Compiled and presented in economy.id by .id (opens a new window), the population experts.
Data are based on a 2016-17 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