Understanding the economic role of Swan Hill Rural City 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 Swan Hill'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 | ||||||
|---|---|---|---|---|---|---|
| Swan Hill | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 2,120 | 18.7 | 2,243 | 22.5 | 1,932 | 19.5 |
| Mining | 10 | 0.1 | 24 | 0.2 | 18 | 0.2 |
| Goods related | 3,826 | 33.8 | 3,306 | 33.2 | 3,663 | 36.9 |
| Household services | 3,803 | 33.6 | 3,130 | 31.4 | 2,948 | 29.7 |
| Business services | 1,097 | 9.7 | 831 | 8.3 | 892 | 9.0 |
| Public administration and safety | 470 | 4.2 | 424 | 4.3 | 472 | 4.8 |
| Total Industries | 11,327 | 100.0 | 9,957 | 100.0 | 9,924 | 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 | ||||||