Understanding the economic role of Nillumbik Shire 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 Nillumbik Shire'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 | ||||||
---|---|---|---|---|---|---|
Nillumbik Shire | 2022 | 2017 | 2012 | |||
Industry | number | % | number | % | number | % |
Agriculture, forestry and fishing | 263 | 1.6 | 194 | 1.2 | 188 | 1.2 |
Mining | 7 | 0.0 | 4 | 0.0 | 28 | 0.2 |
Goods related | 5,378 | 33.0 | 5,716 | 35.7 | 6,134 | 39.3 |
Household services | 7,191 | 44.1 | 7,032 | 43.9 | 6,251 | 40.0 |
Business services | 2,653 | 16.3 | 2,367 | 14.8 | 2,380 | 15.2 |
Public administration and safety | 829 | 5.1 | 692 | 4.3 | 636 | 4.1 |
Total Industries | 16,320 | 100.0 | 16,006 | 100.0 | 15,618 | 100.0 |
Source: National Institute of Economic and Industry Research (NIEIR) ©2023. ©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 |