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 | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 185 | 1.1 | 303 | 1.9 | 212 | 1.4 |
| Mining | 9 | 0.1 | 4 | 0.0 | 23 | 0.1 |
| Goods related | 5,504 | 33.2 | 5,469 | 34.1 | 6,032 | 38.8 |
| Household services | 7,239 | 43.7 | 7,117 | 44.3 | 6,242 | 40.2 |
| Business services | 2,808 | 17.0 | 2,479 | 15.4 | 2,387 | 15.4 |
| Public administration and safety | 814 | 4.9 | 679 | 4.2 | 634 | 4.1 |
| Total Industries | 16,560 | 100.0 | 16,050 | 100.0 | 15,529 | 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 | ||||||