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 Break O'Day Council area'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 | ||||||
---|---|---|---|---|---|---|
Break O'Day Council area | 2023 | 2017 | 2012 | |||
Industry | number | % | number | % | number | % |
Agriculture, forestry and fishing | 264 | 9.6 | 239 | 11.4 | 257 | 10.7 |
Mining | 384 | 13.9 | 192 | 9.2 | 462 | 19.2 |
Goods related | 783 | 28.4 | 639 | 30.6 | 678 | 28.2 |
Household services | 913 | 33.1 | 711 | 34.0 | 716 | 29.7 |
Business services | 296 | 10.7 | 207 | 9.9 | 178 | 7.4 |
Public administration and safety | 118 | 4.3 | 104 | 5.0 | 116 | 4.8 |
Total Industries | 2,758 | 100.0 | 2,092 | 100.0 | 2,407 | 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 |