Understanding the economic role of Federation Council 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 Federation Council area'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 | ||||||
|---|---|---|---|---|---|---|
| Federation Council area | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 796 | 12.9 | 1,111 | 19.4 | 961 | 17.1 |
| Mining | 0 | 0 | 0 | 0 | 0 | 0 |
| Goods related | 2,976 | 48.4 | 2,468 | 43.0 | 2,521 | 44.9 |
| Household services | 1,745 | 28.4 | 1,564 | 27.3 | 1,534 | 27.3 |
| Business services | 391 | 6.4 | 401 | 7.0 | 405 | 7.2 |
| Public administration and safety | 240 | 3.9 | 194 | 3.4 | 198 | 3.5 |
| Total Industries | 6,148 | 100.0 | 5,738 | 100.0 | 5,619 | 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 | ||||||