South West RED RegionEconomic profile
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South West RED Region

Industry composition

In 2019, the Goods related sector accounted for 29.8% of employment in the South West RED Region. The importance of this sector has declined over the last 10 years (38.5% in 2009)

Understanding the economic role of the South West RED Region 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 the South West RED Region'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
Employment composition Business services, 2019: 7.2% Mining, 2019: 7.6% Public administration and safety, 2019: 7.9% Agriculture, forestry and fishing, 2019: 19.4% Household services, 2019: 28.0% Goods related, 2019: 29.8% Business services, 2014: 6.6% Mining, 2014: 10.8% Public administration and safety, 2014: 7.3% Agriculture, forestry and fishing, 2014: 17.8% Household services, 2014: 22.5% Goods related, 2014: 35.1% Business services, 2009: 6.7% Mining, 2009: 5.5% Public administration and safety, 2009: 6.9% Agriculture, forestry and fishing, 2009: 21.2% Household services, 2009: 21.2% Goods related, 2009: 38.5%
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in by .id the population experts
Employment composition
South West RED Region201920142009
Goods related4,31729.85,74635.16,18238.5
Household services4,05228.03,68122.53,39721.2
Agriculture, forestry and fishing2,81019.42,92017.83,40621.2
Public administration and safety1,1447.91,1907.31,1116.9
Business services1,0467.21,0786.61,0736.7

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. Compiled and presented in by .id , the population experts.

Data are based on a 2016-17 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