Understanding the economic role of Nambucca Valley 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 the Nambucca Valley'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 | ||||||
---|---|---|---|---|---|---|
Nambucca Valley | 2023 | 2017 | 2012 | |||
Industry | number | % | number | % | number | % |
Agriculture, forestry and fishing | 471 | 6.9 | 451 | 7.0 | 434 | 7.4 |
Mining | 16 | 0.2 | 10 | 0.2 | 27 | 0.5 |
Goods related | 2,114 | 31.1 | 2,334 | 36.1 | 2,165 | 36.7 |
Household services | 3,223 | 47.5 | 2,723 | 42.1 | 2,394 | 40.5 |
Business services | 739 | 10.9 | 712 | 11.0 | 611 | 10.3 |
Public administration and safety | 227 | 3.3 | 234 | 3.6 | 274 | 4.6 |
Total Industries | 6,791 | 100.0 | 6,464 | 100.0 | 5,905 | 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 |