Hope Vale (S)

Industry composition

In 2023, the Mining sector accounted for 34.0% of employment in Hope Vale (S). The importance of this sector has increased over the last 10 years (19.6% in 2012)

Understanding the economic role of RDA Tropical North 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 Hope Vale (S)'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.

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Employment composition
Hope Vale (S)202320172012
Industrynumber%. number%. number%.
Agriculture, forestry and fishing52.700.100
Mining6934.06922.78619.6
Goods related115.5165.2286.4
Household services6431.511136.612328.2
Business services62.8144.7122.8
Public administration and safety4823.59330.718843.0
Total Industries203100.0304100.0437100.0

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

RDA Tropical North

economic profile