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Murchison - Burnie Economic Region

Industry sector analysis - All industries

In 2018/19, Murchison - Burnie Economic Region contributed 19.5% of Greater Hobart’s employment and 25.3% of its value added.

Industry sector profiles reveal the way in which each industry contributes to the economy in Murchison - Burnie Economic Region using ten economic measures generated by NIEIR economic modelling. This helps in understanding the role each industry sector plays in the economy.

For example, some industry sectors generate substantial output (turnover), but are not big employers and targeting those industry sectors may not meet the economic development objective of maximising employment.

In the first chart, you can also see how the output of an industry is divided between local sales, domestic exports and international exports. This information can reveal how an industry is structured, and whether it is focused on exporting or on serving the local population.

The table and second chart also show how Murchison - Burnie Economic Region contributes to the wider economy. For example, Murchison - Burnie Economic Region contributes 19.5% of Greater Hobart’s employment.

Industry sector analysis data should be viewed in conjunction with Employment by industry (Total), Employment by industry (FTE), Value added, Imports and Exports to see how each specific industry fits into the wider picture of all industries within Murchison - Burnie Economic Region. To see how concentrated each industry sector is, visit the Employment locations section.

The third chart refers to how employment in Murchison - Burnie Economic Region has changed overtime and how it compares to expected changes based on benchmark and industry trends. This type of analysis is explored further within the Shift-share analysis economic tool.”

National Economics (NIEIR) - Modelled series

Industry sector analysis
Murchison - Burnie Economic Region - All industries - Constant prices2018/192013/14Change
Economic measureMurchison - Burnie Economic RegionGreater HobartMurchison - Burnie Economic Region as a % of Greater HobartMurchison - Burnie Economic RegionGreater HobartMurchison - Burnie Economic Region as a % of Greater Hobart2013/14 to 2018/19
Employment (total)23,515120,87519.5%24,230108,21022.4%-715
Employment (FTE)19,67794,93620.7%20,43385,22324.0%-756
FTE to total employment ratio0.840.79--0.840.79---0.01
Output/Total Sales ($m)5,954.7524,864.4823.9%5,655.0921,625.7226.1%+299.65
Value add ($m)3,148.9112,451.2925.3%2,860.7310,863.2426.3%+288.18
Exports ($m)2,974.5111,065.9526.9%2,967.749,739.4230.5%+6.77
Exports (domestic) ($m)2,156.379,465.4122.8%2,177.508,570.3125.4%-21.14
Exports (international) ($m)818.141,600.5551.1%790.231,169.1167.6%+27.91
Imports($m)3,217.0111,019.1229.2%3,048.409,020.5833.8%+168.62
Imports (domestic) ($m)2,369.347,742.8530.6%2,330.936,585.1335.4%+38.41
Imports (international) ($m)847.673,276.2825.9%717.462,435.4529.5%+130.21
Local Sales ($m)2,996.6613,843.4221.6%2,694.1511,918.0822.6%+302.50
Worker productivity ($ per worker)133,912103,009--118,067100,390--+15,845

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. 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

Economic output by destination
Economic output by destination Greater Hobart, Local Sales: 55.6% Greater Hobart, Exports (international): 6.4% Greater Hobart, Exports (domestic): 38.0% Murchison - Burnie Economic Region, Local Sales: 50.2% Murchison - Burnie Economic Region, Exports (international): 13.7% Murchison - Burnie Economic Region, Exports (domestic): 36.1%
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts
Industry contribution to Greater Hobart 2018/19
Industry contribution to Greater Hobart 2018/19 Employment (total), Murchison - Burnie Economic Region - All industries: 19.5% Employment (FTE), Murchison - Burnie Economic Region - All industries: 20.7% Output/Total Sales ($m), Murchison - Burnie Economic Region - All industries: 23.9% Value add ($m), Murchison - Burnie Economic Region - All industries: 25.3% Exports ($m), Murchison - Burnie Economic Region - All industries: 26.9% Exports (domestic) ($m), Murchison - Burnie Economic Region - All industries: 22.8% Exports (international) ($m), Murchison - Burnie Economic Region - All industries: 51.1% Imports($m), Murchison - Burnie Economic Region - All industries: 29.2% Imports (domestic) ($m), Murchison - Burnie Economic Region - All industries: 30.6% Imports (international) ($m), Murchison - Burnie Economic Region - All industries: 25.9% Local Sales ($m), Murchison - Burnie Economic Region - All industries: 21.6%
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts
Shift-share analysis for Employment (Total) 2013/14 to 2018/19
Shift-share analysis for Employment (Total) 2013/14 to 2018/19 Net change in Benchmark Growth (BG) effect, Murchison - Burnie Economic Region relative to Greater Hobart: 2,836.0 Net change in Industry Mix (IM) effect, Murchison - Burnie Economic Region relative to Greater Hobart: 0.0 Net change in Expected change (BG + IM), Murchison - Burnie Economic Region relative to Greater Hobart: 2,836.0 Net change in Actual change, Murchison - Burnie Economic Region relative to Greater Hobart: -714.9 Net change in Regional Competitive (RC) effect, Murchison - Burnie Economic Region relative to Greater Hobart: -3,551.0
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts
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