Understanding the economic role of Toowoomba 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 Toowoomba'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 | ||||||
|---|---|---|---|---|---|---|
| Toowoomba | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 6,078 | 6.5 | 4,517 | 5.6 | 4,735 | 6.2 |
| Mining | 2,210 | 2.4 | 2,157 | 2.7 | 1,479 | 1.9 |
| Goods related | 31,790 | 34.1 | 27,937 | 34.8 | 29,149 | 37.9 |
| Household services | 37,515 | 40.2 | 30,477 | 37.9 | 27,035 | 35.1 |
| Business services | 10,473 | 11.2 | 9,918 | 12.3 | 9,389 | 12.2 |
| Public administration and safety | 5,141 | 5.5 | 5,365 | 6.7 | 5,188 | 6.7 |
| Total Industries | 93,206 | 100.0 | 80,372 | 100.0 | 76,975 | 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 | ||||||