Understanding the economic role of Richmond Valley 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 Richmond Valley Council'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 | ||||||
|---|---|---|---|---|---|---|
| Richmond Valley Council | 2024 | 2019 | 2014 | |||
| Industry | number | % | number | % | number | % |
| Agriculture, forestry and fishing | 641 | 7.6 | 751 | 9.2 | 685 | 9.0 |
| Mining | 61 | 0.7 | 47 | 0.6 | 67 | 0.9 |
| Goods related | 3,422 | 40.6 | 3,475 | 42.4 | 3,372 | 44.1 |
| Household services | 3,130 | 37.1 | 2,827 | 34.5 | 2,574 | 33.7 |
| Business services | 772 | 9.2 | 714 | 8.7 | 639 | 8.4 |
| Public administration and safety | 410 | 4.9 | 381 | 4.7 | 310 | 4.1 |
| Total Industries | 8,436 | 100.0 | 8,195 | 100.0 | 7,647 | 100.0 |
Source: National Institute of Economic and Industry Research (NIEIR) ©2025. 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 | ||||||