In 2019/20, the Renmark Paringa Council area contributed 0.5% of South Australia’s employment and 0.5% of its value added.
Industry sector profiles reveal the way in which each industry contributes to the economy in the Renmark Paringa Council area using ten economic measures generated by NIEIR economic modelling. This helps in understanding the role each industry sector plays in the economy.
For example, some industry sectors generate substantial output (turnover), but are not big employers and targeting those industry sectors may not meet the economic development objective of maximising employment.
In the first chart, you can also see how the output of an industry is divided between local sales, domestic exports and international exports. This information can reveal how an industry is structured, and whether it is focused on exporting or on serving the local population.
The table and second chart also show how the Renmark Paringa Council area contributes to the wider economy. For example, Agriculture in the Renmark Paringa Council area contributes 0.3% of South Australia’s Agriculture employment.
The third chart refers to how employment in the Renmark Paringa Council area has changed overtime and how it compares to expected changes based on benchmark and industry trends. This type of analysis is explored further within the Shift-share analysis economic tool.”
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