In Cardinia Shire, Financial and Insurance Services had the highest productivity by industry, generating $269,659 per worker in 2017/18.
Worker productivity by industry is calculated by dividing the industry value add by the number of persons employed in that industry. It shows which industries generate the most value add per employee. Some industry sectors, such as retail trade, are not highly productive per worker, but they employ a lot of people. Other industries, such as mining, employ fewer people but generate high levels of productivity. Each plays an important role in the economy.
Worker productivity data should be viewed in conjunction with Employment by industry (Total) and Employment by industry (FTE), to see the relative size of employment in each industry, and with Local workers income to see how many local workers are actually each in each industry, and with Sources of income data to see whether employment is the main way income is derived.
Detailed notes about how the figures are derived can be found in the specific topic notes section.
National Economics (NIEIR) - Modelled series
|Productivity per worker (annual) by industry|
|Cardinia Shire - Constant prices||2017/18||2006/07||Change|
|Industry (Click rows to view sub-categories)||$||Victoria $||$||Victoria $||2006/07 to 2017/18|
|Agriculture, Forestry and Fishing||148,452||148,327||107,193||114,855||P||23000||+41,260|
|Electricity, Gas, Water and Waste Services||266,812||304,743||394,979||341,058||P||23300||-128,167|
|Accommodation and Food Services||33,589||42,025||42,721||49,141||P||23700||-9,132|
|Transport, Postal and Warehousing||93,201||126,232||88,219||123,588||P||23800||+4,982|
|Information Media and Telecommunications||161,171||211,513||135,845||137,494||P||23900||+25,325|
|Financial and Insurance Services||269,659||318,090||273,554||283,939||P||24000||-3,895|
|Rental, Hiring and Real Estate Services||186,041||234,039||224,281||242,454||P||24100||-38,240|
|Professional, Scientific and Technical Services||103,404||117,638||86,420||103,529||P||24200||+16,984|
|Administrative and Support Services||75,853||122,852||82,199||142,352||P||24300||-6,346|
|Public Administration and Safety||95,805||107,955||104,069||117,275||P||24400||-8,264|
|Education and Training||54,015||69,441||66,531||83,763||P||24500||-12,517|
|Health Care and Social Assistance||68,243||74,538||62,488||69,554||P||24600||+5,755|
|Arts and Recreation Services||50,652||69,741||72,003||87,297||P||24700||-21,351|
Source: National Institute of Economic and Industry Research (NIEIR) (opens a new window) ©2018. Compiled and presented in economy.id by .id (opens a new window), 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
An analysis of the worker productivity by industry sectors in Cardinia Shire in 2017/18 shows the three highest industries were:
- Financial and Insurance Services ($269,659)
- Electricity, Gas, Water and Waste Services ($266,812)
- Mining ($218,489)
In comparison, the same 3 industries in Victoria were for $318,090 in Financial and Insurance Services; $304,743 in Electricity, Gas, Water and Waste Services; and $244,256 in Mining.
The major differences between worker productivity by industries in Cardinia Shire and Victoria were:
- Lower worker productivity in Information Media and Telecommunications ($161,171 compared to $211,513)
- Lower worker productivity in Financial and Insurance Services ($269,659 compared to $318,090)
- Lower worker productivity in Rental, Hiring and Real Estate Services ($186,041 compared to $234,039)
- Lower worker productivity in Administrative and Support Services ($75,853 compared to $122,852)
The total worker productivity by industry in Cardinia Shire decreased by $1,511 between 2006/07 and 2017/18.
The largest changes in worker productivity by industries between 2006/07 and 2017/18 in Cardinia Shire were for:
- Electricity, Gas, Water and Waste Services (-$128,167)
- Wholesale Trade (+$73,991)
- Agriculture, Forestry and Fishing (+$41,260)
- Mining (+$40,151)