Understanding the economic role of Northern Tasmania Region 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 Northern Tasmania Region'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.
Current area:
| Employment composition | ||||||
|---|---|---|---|---|---|---|
| Northern Tasmania Region | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 4,971 | 6.5 | 4,120 | 6.3 | 3,886 | 5.9 |
| Mining | 1,356 | 1.8 | 1,035 | 1.6 | 1,575 | 2.4 |
| Goods related | 27,838 | 36.3 | 25,067 | 38.3 | 26,113 | 39.7 |
| Household services | 29,782 | 38.8 | 24,207 | 37.0 | 22,330 | 33.9 |
| Business services | 9,269 | 12.1 | 7,872 | 12.0 | 7,953 | 12.1 |
| Public administration and safety | 3,503 | 4.6 | 3,178 | 4.9 | 4,000 | 6.1 |
| Total Industries | 76,719 | 100.0 | 65,478 | 100.0 | 65,857 | 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 | ||||||