Understanding the economic role of State Growth Tasmania 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 Tasmania'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 | ||||||
---|---|---|---|---|---|---|
Tasmania | 2023 | 2017 | 2012 | |||
Industry | number | % | number | % | number | % |
Agriculture, forestry and fishing | 15,557 | 5.3 | 13,434 | 5.5 | 11,923 | 5.0 |
Mining | 6,943 | 2.4 | 6,483 | 2.6 | 7,523 | 3.1 |
Goods related | 96,975 | 33.2 | 87,207 | 35.6 | 88,916 | 37.1 |
Household services | 113,645 | 38.9 | 89,174 | 36.4 | 80,301 | 33.5 |
Business services | 38,240 | 13.1 | 31,160 | 12.7 | 30,617 | 12.8 |
Public administration and safety | 20,473 | 7.0 | 17,514 | 7.1 | 20,113 | 8.4 |
Total Industries | 291,833 | 100.0 | 244,973 | 100.0 | 239,392 | 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 |