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Bankstown City

Worker productivity

In Bankstown City, Financial and Insurance Services had the highest productivity by industry, generating $337,065 per worker in 2014/15.

Worker productivity by industry is calculated by dividing the industry value add by the number of persons employed in that industry. It shows which industries generate the most value add per employee. Some industry sectors, such as retail trade, are not highly productive per worker, but they employ a lot of people. Other industries, such as mining, employ fewer people but generate high levels of productivity. Each plays an important role in the economy.

Worker productivity data should be viewed in conjunction with Total Employment and FTE Employment, to see the relative size of employment in each industry, and with Worker Profiles Income to see how much workers actually each in each industry, and with Sources of Income data to see whether employment is the main way income is derived.

Detailed notes about how the figures are derived can be found in the specific topic notes section.

National Economics (NIEIR) - Modelled series

Did you know? By clicking/tapping on a data row in the table you will be able to see sub categories.
Productivity per worker (annual) by industry
Bankstown City - Constant prices2014/152009/10Change
Industry
(Click rows to view sub-categories)
$Greater Sydney $$Greater Sydney $2009/10 to 2014/15
Agriculture, Forestry and Fishing58,75483,10451,36476,100+7,390
Mining205,458169,97459,631109,945+145,827
Manufacturing109,346117,198108,318123,505+1,028
Electricity, Gas, Water and Waste Services251,201292,569232,197311,618+19,003
Construction65,75595,38057,66075,565+8,095
Wholesale Trade130,426142,401119,573138,904+10,854
Retail Trade59,87465,80756,20360,287+3,671
Accommodation and Food Services62,46564,94354,70759,476+7,759
Transport, Postal and Warehousing91,434120,63287,415113,825+4,019
Information Media and Telecommunications164,316231,784203,035236,778-38,718
Financial and Insurance Services337,065329,057302,601309,007+34,464
Rental, Hiring and Real Estate Services219,693264,291153,839212,076+65,854
Professional, Scientific and Technical Services99,453113,95699,075118,200+378
Administrative and Support Services92,066142,28987,266143,850+4,800
Public Administration and Safety105,051114,067124,797120,896-19,746
Education and Training76,79784,80384,42691,802-7,629
Health Care and Social Assistance74,62179,00367,97773,816+6,644
Arts and Recreation Services68,74288,66992,411104,263-23,669
Other Services64,41974,04972,69578,934-8,277

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Data is based on 2013-14 constant prices for all years. NIEIR data are inflation adjusted each year to allow direct comparison, and new data releases normally adjust previous years’ figures to a new base year.

Productivity per worker (annual) by industry 2014/15
Productivity per worker (annual) by industry 2014/15 Agriculture, Forestry and Fishing, Greater Sydney: $83,104 Mining, Greater Sydney: $169,974 Manufacturing, Greater Sydney: $117,198 Electricity, Gas, Water and Waste Services, Greater Sydney: $292,569 Construction, Greater Sydney: $95,380 Wholesale Trade, Greater Sydney: $142,401 Retail Trade, Greater Sydney: $65,807 Accommodation and Food Services, Greater Sydney: $64,943 Transport, Postal and Warehousing, Greater Sydney: $120,632 Information Media and Telecommunications, Greater Sydney: $231,784 Financial and Insurance Services, Greater Sydney: $329,057 Rental, Hiring and Real Estate Services, Greater Sydney: $264,291 Professional, Scientific and Technical Services, Greater Sydney: $113,956 Administrative and Support Services, Greater Sydney: $142,289 Public Administration and Safety, Greater Sydney: $114,067 Education and Training, Greater Sydney: $84,803 Health Care and Social Assistance, Greater Sydney: $79,003 Arts and Recreation Services, Greater Sydney: $88,669 Other Services, Greater Sydney: $74,049 Agriculture, Forestry and Fishing, Bankstown City: $58,754 Mining, Bankstown City: $205,458 Manufacturing, Bankstown City: $109,346 Electricity, Gas, Water and Waste Services, Bankstown City: $251,201 Construction, Bankstown City: $65,755 Wholesale Trade, Bankstown City: $130,426 Retail Trade, Bankstown City: $59,874 Accommodation and Food Services, Bankstown City: $62,465 Transport, Postal and Warehousing, Bankstown City: $91,434 Information Media and Telecommunications, Bankstown City: $164,316 Financial and Insurance Services, Bankstown City: $337,065 Rental, Hiring and Real Estate Services, Bankstown City: $219,693 Professional, Scientific and Technical Services, Bankstown City: $99,453 Administrative and Support Services, Bankstown City: $92,066 Public Administration and Safety, Bankstown City: $105,051 Education and Training, Bankstown City: $76,797 Health Care and Social Assistance, Bankstown City: $74,621 Arts and Recreation Services, Bankstown City: $68,742 Other Services, Bankstown City: $64,419
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Change in productivity per worker (annual) by industry, 2009/10 to 2014/15
Change in productivity per worker (annual) by industry, 2009/10 to 2014/15 Agriculture, Forestry and Fishing, Bankstown City: +$7,390 Mining, Bankstown City: +$145,827 Manufacturing, Bankstown City: +$1,028 Electricity, Gas, Water and Waste Services, Bankstown City: +$19,003 Construction, Bankstown City: +$8,095 Wholesale Trade, Bankstown City: +$10,854 Retail Trade, Bankstown City: +$3,671 Accommodation and Food Services, Bankstown City: +$7,759 Transport, Postal and Warehousing, Bankstown City: +$4,019 Information Media and Telecommunications, Bankstown City: -$38,718 Financial and Insurance Services, Bankstown City: +$34,464 Rental, Hiring and Real Estate Services, Bankstown City: +$65,854 Professional, Scientific and Technical Services, Bankstown City: +$378 Administrative and Support Services, Bankstown City: +$4,800 Public Administration and Safety, Bankstown City: -$19,746 Education and Training, Bankstown City: -$7,629 Health Care and Social Assistance, Bankstown City: +$6,644 Arts and Recreation Services, Bankstown City: -$23,669 Other Services, Bankstown City: -$8,277
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the worker productivity by industry sectors in Bankstown City in 2014/15 shows the three highest industries were:

  • Financial and Insurance Services ($337,065)
  • Electricity, Gas, Water and Waste Services ($251,201)
  • Rental, Hiring and Real Estate Services ($219,693)

In comparison, the same 3 industries in Greater Sydney were for $329,057 in Financial and Insurance Services; $292,569 in Electricity, Gas, Water and Waste Services; and $264,291 in Rental, Hiring and Real Estate Services.

The major differences between worker productivity by industries in Bankstown City and Greater Sydney were:

  • Lower worker productivity in Information Media and Telecommunications ($164,316 compared to $231,784)
  • Lower worker productivity in Administrative and Support Services ($92,066 compared to $142,289)
  • Lower worker productivity in Rental, Hiring and Real Estate Services ($219,693 compared to $264,291)
  • Lower worker productivity in Electricity, Gas, Water and Waste Services ($251,201 compared to $292,569)

Emerging groups

The total worker productivity by industry in Bankstown City increased by $1,880 between 2009/10 and 2014/15.

The largest changes in worker productivity by industries between 2009/10 and 2014/15 in Bankstown City were for:

  • Mining (+$145,827)
  • Rental, Hiring and Real Estate Services (+$65,854)
  • Information Media and Telecommunications (-$38,718)
  • Financial and Insurance Services (+$34,464)

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