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City of Banyule

Worker productivity

In the City of Banyule, Financial and Insurance Services had the highest productivity by industry, generating $317,523 per worker in 2018/19.

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 Employment by industry (Total) and Employment by industry (FTE), to see the relative size of employment in each industry, and with Local workers income to see how many local workers are 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

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Productivity per worker (annual) by industry
City of Banyule - Constant prices2018/192013/14Change
Industry
(Click rows to view sub-categories)
$Victoria $$Victoria $2013/14 to 2018/19
Agriculture, Forestry and Fishing129,310113,685160,687144,243-31,377
Mining94,997362,43060,418362,671+34,579
Manufacturing91,386104,96489,618105,590+1,768
Electricity, Gas, Water and Waste Services217,041318,851220,545289,601-3,504
Construction104,807109,92398,371106,813+6,436
Wholesale Trade159,472154,499153,533143,602+5,940
Retail Trade55,61258,39857,64658,393-2,034
Accommodation and Food Services38,98143,05338,38639,944+595
Transport, Postal and Warehousing97,381122,902108,328133,570-10,946
Information Media and Telecommunications184,788206,896139,534169,046+45,254
Financial and Insurance Services317,523341,038293,934312,396+23,589
Rental, Hiring and Real Estate Services299,534266,804258,580229,417+40,954
Professional, Scientific and Technical Services104,544112,684105,495112,844-951
Administrative and Support Services127,335144,560115,639127,967+11,696
Public Administration and Safety105,352109,467138,965118,742-33,613
Education and Training69,11178,12170,92781,967-1,817
Health Care and Social Assistance94,13186,65876,14673,967+17,985
Arts and Recreation Services53,23074,25250,34572,692+2,885
Other Services62,58661,42065,36264,677-2,776

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. Compiled and presented in economy.id by .id , the population experts.

Data are based on a 2016-17 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

Productivity per worker (annual) by industry 2018/19
Productivity per worker (annual) by industry 2018/19 Agriculture, Forestry and Fishing, Victoria: $113,685 Mining, Victoria: $362,430 Manufacturing, Victoria: $104,964 Electricity, Gas, Water and Waste Services, Victoria: $318,851 Construction, Victoria: $109,923 Wholesale Trade, Victoria: $154,499 Retail Trade, Victoria: $58,398 Accommodation and Food Services, Victoria: $43,053 Transport, Postal and Warehousing, Victoria: $122,902 Information Media and Telecommunications, Victoria: $206,896 Financial and Insurance Services, Victoria: $341,038 Rental, Hiring and Real Estate Services, Victoria: $266,804 Professional, Scientific and Technical Services, Victoria: $112,684 Administrative and Support Services, Victoria: $144,560 Public Administration and Safety, Victoria: $109,467 Education and Training, Victoria: $78,121 Health Care and Social Assistance, Victoria: $86,658 Arts and Recreation Services, Victoria: $74,252 Other Services, Victoria: $61,420 Agriculture, Forestry and Fishing, City of Banyule: $129,310 Mining, City of Banyule: $94,997 Manufacturing, City of Banyule: $91,386 Electricity, Gas, Water and Waste Services, City of Banyule: $217,041 Construction, City of Banyule: $104,807 Wholesale Trade, City of Banyule: $159,472 Retail Trade, City of Banyule: $55,612 Accommodation and Food Services, City of Banyule: $38,981 Transport, Postal and Warehousing, City of Banyule: $97,381 Information Media and Telecommunications, City of Banyule: $184,788 Financial and Insurance Services, City of Banyule: $317,523 Rental, Hiring and Real Estate Services, City of Banyule: $299,534 Professional, Scientific and Technical Services, City of Banyule: $104,544 Administrative and Support Services, City of Banyule: $127,335 Public Administration and Safety, City of Banyule: $105,352 Education and Training, City of Banyule: $69,111 Health Care and Social Assistance, City of Banyule: $94,131 Arts and Recreation Services, City of Banyule: $53,230 Other Services, City of Banyule: $62,586
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts
Change in productivity per worker (annual) by industry, 2013/14 to 2018/19
Change in productivity per worker (annual) by industry, 2013/14 to 2018/19 Agriculture, Forestry and Fishing, City of Banyule: -$31,377 Mining, City of Banyule: +$34,579 Manufacturing, City of Banyule: +$1,768 Electricity, Gas, Water and Waste Services, City of Banyule: -$3,504 Construction, City of Banyule: +$6,436 Wholesale Trade, City of Banyule: +$5,940 Retail Trade, City of Banyule: -$2,034 Accommodation and Food Services, City of Banyule: +$595 Transport, Postal and Warehousing, City of Banyule: -$10,946 Information Media and Telecommunications, City of Banyule: +$45,254 Financial and Insurance Services, City of Banyule: +$23,589 Rental, Hiring and Real Estate Services, City of Banyule: +$40,954 Professional, Scientific and Technical Services, City of Banyule: -$951 Administrative and Support Services, City of Banyule: +$11,696 Public Administration and Safety, City of Banyule: -$33,613 Education and Training, City of Banyule: -$1,817 Health Care and Social Assistance, City of Banyule: +$17,985 Arts and Recreation Services, City of Banyule: +$2,885 Other Services, City of Banyule: -$2,776
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the worker productivity by industry sectors in City of Banyule in 2018/19 shows the three highest industries were:

  • Financial and Insurance Services ($317,523)
  • Rental, Hiring and Real Estate Services ($299,534)
  • Electricity, Gas, Water and Waste Services ($217,041)

In comparison, the same 3 industries in Victoria were for $341,038 in Financial and Insurance Services; $266,804 in Rental, Hiring and Real Estate Services; and $318,851 in Electricity, Gas, Water and Waste Services.

The major differences between worker productivity by industries in the City of Banyule and Victoria were:

  • Higher worker productivity in Rental, Hiring and Real Estate Services ($299,534 compared to $266,804)
  • Lower worker productivity in Mining ($94,997 compared to $362,430)
  • Lower worker productivity in Electricity, Gas, Water and Waste Services ($217,041 compared to $318,851)
  • Lower worker productivity in Transport, Postal and Warehousing ($97,381 compared to $122,902)

Emerging groups

The total worker productivity by industry in the City of Banyule increased by $4,957 between 2013/14 and 2018/19.

The largest changes in worker productivity by industries between 2013/14 and 2018/19 in the City of Banyule were for:

  • Information Media and Telecommunications (+$45,254)
  • Rental, Hiring and Real Estate Services (+$40,954)
  • Mining (+$34,579)
  • Public Administration and Safety (-$33,613)

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