Understanding the economic role of RDA Limestone Coast 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 Limestone Coast 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 | ||||||
---|---|---|---|---|---|---|
Limestone Coast region | 2022 | 2017 | 2012 | |||
Industry | number | % | number | % | number | % |
Agriculture, forestry and fishing | 6,448 | 19.3 | 6,217 | 19.2 | 5,965 | 18.6 |
Mining | 69 | 0.2 | 77 | 0.2 | 64 | 0.2 |
Goods related | 12,939 | 38.8 | 12,984 | 40.1 | 13,229 | 41.3 |
Household services | 10,043 | 30.1 | 9,204 | 28.5 | 8,876 | 27.7 |
Business services | 2,508 | 7.5 | 2,585 | 8.0 | 2,758 | 8.6 |
Public administration and safety | 1,317 | 4.0 | 1,276 | 3.9 | 1,123 | 3.5 |
Total Industries | 33,323 | 100.0 | 32,343 | 100.0 | 32,014 | 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 |