King Island Council area

Industry composition

In 2023, the Goods related sector accounted for 32.6% of employment in King Island Council area. The importance of this sector has declined over the last 10 years (39.5% in 2012)

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 King Island 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.

Current area:
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Employment composition
King Island Council area202320172012
Industrynumber%. number%. number%.
Agriculture, forestry and fishing23025.125028.125328.3
Mining808.7121.400.0
Goods related30032.632136.135439.5
Household services22224.222024.717019.0
Business services343.7404.5485.4
Public administration and safety535.8475.2707.8
Total Industries919100.0892100.0895100.0

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

State Growth Tasmania

economic profile