Understanding the economic role of RDA Northern Territory 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 City of Palmerston LGA'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 | ||||||
|---|---|---|---|---|---|---|
| City of Palmerston LGA | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 29 | 0.3 | 7 | 0.1 | 8 | 0.1 |
| Mining | 72 | 0.6 | 117 | 1.1 | 69 | 0.9 |
| Goods related | 3,553 | 32.1 | 4,004 | 39.4 | 3,358 | 42.6 |
| Household services | 5,069 | 45.8 | 3,923 | 38.6 | 2,752 | 35.0 |
| Business services | 1,255 | 11.3 | 988 | 9.7 | 751 | 9.5 |
| Public administration and safety | 1,090 | 9.8 | 1,134 | 11.1 | 935 | 11.9 |
| Total Industries | 11,067 | 100.0 | 10,173 | 100.0 | 7,875 | 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 | ||||||