Understanding the economic role of Snowy Monaro Regional Council 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 Snowy Monaro Regional Council area'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.
Employment composition | ||||||
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Snowy Monaro Regional Council area | 2023 | 2017 | 2012 | |||
Industry | number | % | number | % | number | % |
Agriculture, forestry and fishing | 1,049 | 8.1 | 1,049 | 10.1 | 1,158 | 11.2 |
Mining | 51 | 0.4 | 40 | 0.4 | 24 | 0.2 |
Goods related | 4,290 | 33.2 | 2,902 | 27.8 | 2,804 | 27.1 |
Household services | 5,575 | 43.1 | 4,733 | 45.3 | 4,642 | 44.8 |
Business services | 1,217 | 9.4 | 1,094 | 10.5 | 1,070 | 10.3 |
Public administration and safety | 752 | 5.8 | 619 | 5.9 | 666 | 6.4 |
Total Industries | 12,933 | 100.0 | 10,438 | 100.0 | 10,364 | 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 |