Cradle Coast RegionEconomic profile
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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
Employment composition Mining, 2018: 0.8% Public administration and safety, 2018: 4.7% Business services, 2018: 6.5% Agriculture, forestry and fishing, 2018: 23.5% Household services, 2018: 25.2% Goods related, 2018: 39.4% Mining, 2013: 0.0% Public administration and safety, 2013: 7.3% Business services, 2013: 6.1% Agriculture, forestry and fishing, 2013: 25.1% Household services, 2013: 21.0% Goods related, 2013: 40.5% Mining, 2008: 0.0% Public administration and safety, 2008: 6.4% Business services, 2008: 5.8% Agriculture, forestry and fishing, 2008: 28.6% Household services, 2008: 17.4% Goods related, 2008: 41.8%
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts
Employment composition
King Island Council area201820132008
IndustryNumber%Number%Number%
Goods related36739.434740.541541.8
Household services23525.217921.017317.4
Agriculture, forestry and fishing21923.521525.128428.6
Business services616.5526.1575.8
Public administration and safety444.7627.3636.4
Mining70.800.000.0

Source: National Institute of Economic and Industry Research (NIEIR) ©2018. Compiled and presented in economy.id by .id , 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

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