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 Surat Basin'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 | ||||||
|---|---|---|---|---|---|---|
| Surat Basin | 2023 | 2017 | 2012 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 9,959 | 8.3 | 8,805 | 8.2 | 9,226 | 8.9 |
| Mining | 4,814 | 4.0 | 4,964 | 4.6 | 3,829 | 3.7 |
| Goods related | 41,460 | 34.4 | 37,437 | 35.0 | 39,599 | 38.2 |
| Household services | 44,441 | 36.9 | 36,847 | 34.5 | 33,012 | 31.9 |
| Business services | 12,792 | 10.6 | 11,914 | 11.1 | 11,379 | 11.0 |
| Public administration and safety | 6,917 | 5.7 | 6,924 | 6.5 | 6,566 | 6.3 |
| Total Industries | 120,384 | 100.0 | 106,890 | 100.0 | 103,610 | 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 | ||||||