Northern Tasmania Region

economic profile

northern-tasmania logo

George Town Council area

Location quotient by industry

In 2018/19, Manufacturing was a major specialisation in the George Town Council area in terms of Employment (Total).

The location quotient is a simple way of seeing which are the main industries in an area, relative to the wider region. LQ shows the percentage of the local economy characteristic (eg. employment, value add) in a particular industry divided by the percentage of the wider area (region, state, nation) that this industry makes up.

  • Where LQ=1, that industry is exactly as prevalent as in the wider region.
  • A LQ greater than 1.2 indicates a significant specialisation of the industry in the local area – possibly a key economic strength. Higher numbers mean greater specialisations. Anything over 2 is a major specialisation.
  • A LQ between 0.8 and 1.2 means the industry is broadly similar in importance in the local area compared to the comparison region and could be seen as representative.
  • An LQ under 0.8 indicates an industry which is more important in the region than the local area, and may represent an economic weakness or opportunity for growth.

LQs should be analysed in combination with the proportional economic share that industry represents. For example, an industry with an LQ of 2 reveals a specialisation but if that industry only represents 3% of the local economy, it may not be significant. Compare with the figures on the Employment by industry (Total), Employment by industry (FTE), Value added pages for this context. National Economics (NIEIR) - Modelled series

Data source

National Economics (NIEIR) - Modelled series

Current area:
Current benchmark:
Comparison year:
Did you know? By clicking/tapping on a data row in the table you will be able to see sub categories.
  • Excel
  • Excel full
  • Word
  • Word full
Local workers field of qualification - Summary
George Town Council area2018/192013/14Change
Field of qualification (Click rows to view sub-categories)%. Tasmania%Location Quotien Tasmania%. Tasmania%Location Quotien Tasmania2011 - 2016
Agriculture, Forestry and Fishing6.84.91.3755.10.88+0.56
Electricity, Gas, Water and Waste Services1.71.71.0121.91.24-0.19
Wholesale Trade1.92.50.7623.10.54+0.41
Retail Trade6.311.20.57711.00.60-0.06
Accommodation and Food Services3.37.20.4547.30.51-0.11
Transport, Postal and Warehousing6.94.31.6284.51.70-0.05
Information Media and Telecommunications1.41.70.8201.90.25+2.26
Financial and Insurance Services0.72.10.3312.30.23+0.42
Rental, Hiring and Real Estate Services1.21.20.9311.30.69+0.36
Professional, Scientific and Technical Services1.35.20.2514.70.19+0.32
Administrative and Support Services2.62.61.0022.80.81+0.23
Public Administration and Safety3.38.00.4138.10.40+0.03
Education and Training6.49.50.6769.30.65+0.03
Health Care and Social Assistance5.613.60.42612.90.43-0.03
Arts and Recreation Services0.22.50.0801.90.24-0.66
Other Services1.53.70.4023.80.39+0.01
Total Industries100.0100.01.00100100.01.00--

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. Compiled and presented in by .id the population experts. NIEIR-ID data are adjusted each year, using updated employment estimates. Each release may change previous years’ figures. Learn more

Did you know? By clicking/tapping on a category in the chart below you will be able to drilldown to the sub categories.
loading animation
loading animation

Dominant groups

A location quotient of greater than 1.2 is generally considered a level of industry specialisation, while a LQ of 0.8 or less indicates an industry which doesn’t have a major presence in the area.

An analysis of employment (total) in the George Town Council area in 2018/19 shows the three industries with the highest location quotient relative to Tasmania were:

  • Manufacturing (4.9 )
  • Mining (3.6 )
  • Transport, Postal and Warehousing (1.6 )

The three industries with the lowest location quotient relative to Tasmania were:

  • Financial and Insurance Services (0.3 )
  • Professional, Scientific and Technical Services (0.2 )
  • Arts and Recreation Services (0.1 )

Emerging groups

Changes in location quotients over time reveal emerging or declining industry specialisations.

The largest changes in the employment (total) LQ between 2013/14 and 2018/19 in the George Town Council area were for these industries:

  • Information Media and Telecommunications (+2.3)
  • Mining (+0.7)
  • Arts and Recreation Services (-0.7)
  • Agriculture, Forestry and Fishing (+0.6)

To continue building your economic story go to...

Northern Tasmania Region

economic profile