Understanding the economic role of Griffith City 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 Griffith City'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 | ||||||
|---|---|---|---|---|---|---|
| Griffith City | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 1,774 | 10.6 | 1,374 | 10.0 | 1,422 | 10.9 |
| Mining | 10 | 0.1 | 2 | 0.0 | 11 | 0.1 |
| Goods related | 8,243 | 49.1 | 6,504 | 47.5 | 6,330 | 48.6 |
| Household services | 4,687 | 27.9 | 3,908 | 28.6 | 3,390 | 26.0 |
| Business services | 1,422 | 8.5 | 1,348 | 9.9 | 1,265 | 9.7 |
| Public administration and safety | 637 | 3.8 | 543 | 4.0 | 599 | 4.6 |
| Total Industries | 16,772 | 100.0 | 13,680 | 100.0 | 13,016 | 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 | ||||||