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Murchison - Burnie Economic Region

Worker productivity

In Murchison - Burnie Economic Region, Financial and Insurance Services had the highest productivity by industry, generating $313,051 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

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Productivity per worker (annual) by industry
Murchison - Burnie Economic Region - Constant prices2017/182012/13Change
Industry
(Click rows to view sub-categories)
$Greater Hobart $$Greater Hobart $2012/13 to 2017/18
Agriculture, Forestry and Fishing215,067189,421218,377183,509-3,310
Mining310,927219,095264,284222,161+46,643
Manufacturing99,09395,974109,24491,146-10,151
Electricity, Gas, Water and Waste Services155,432217,767195,717261,539-40,285
Construction84,96553,37173,69968,445+11,266
Wholesale Trade125,644159,315118,484122,963+7,160
Retail Trade50,27653,81347,46051,932+2,817
Accommodation and Food Services42,62740,30838,89943,775+3,728
Transport, Postal and Warehousing95,41288,653109,672101,544-14,260
Information Media and Telecommunications185,318255,253168,108213,312+17,210
Financial and Insurance Services313,051382,835234,721288,357+78,330
Rental, Hiring and Real Estate Services128,170156,686106,886132,002+21,284
Professional, Scientific and Technical Services54,76771,58353,72373,064+1,044
Administrative and Support Services74,90970,66874,57673,086+333
Public Administration and Safety92,814103,18177,73887,591+15,076
Education and Training68,40379,75771,69588,804-3,292
Health Care and Social Assistance103,685109,899104,671110,601-986
Arts and Recreation Services42,96255,66746,03360,196-3,071
Other Services44,29350,76543,01453,297+1,279

Source: National Institute of Economic and Industry Research (NIEIR) ©2018. 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 2017/18
Productivity per worker (annual) by industry 2017/18 Agriculture, Forestry and Fishing, Greater Hobart: $189,421 Mining, Greater Hobart: $219,095 Manufacturing, Greater Hobart: $95,974 Electricity, Gas, Water and Waste Services, Greater Hobart: $217,767 Construction, Greater Hobart: $53,371 Wholesale Trade, Greater Hobart: $159,315 Retail Trade, Greater Hobart: $53,813 Accommodation and Food Services, Greater Hobart: $40,308 Transport, Postal and Warehousing, Greater Hobart: $88,653 Information Media and Telecommunications, Greater Hobart: $255,253 Financial and Insurance Services, Greater Hobart: $382,835 Rental, Hiring and Real Estate Services, Greater Hobart: $156,686 Professional, Scientific and Technical Services, Greater Hobart: $71,583 Administrative and Support Services, Greater Hobart: $70,668 Public Administration and Safety, Greater Hobart: $103,181 Education and Training, Greater Hobart: $79,757 Health Care and Social Assistance, Greater Hobart: $109,899 Arts and Recreation Services, Greater Hobart: $55,667 Other Services, Greater Hobart: $50,765 Agriculture, Forestry and Fishing, Murchison - Burnie Economic Region: $215,067 Mining, Murchison - Burnie Economic Region: $310,927 Manufacturing, Murchison - Burnie Economic Region: $99,093 Electricity, Gas, Water and Waste Services, Murchison - Burnie Economic Region: $155,432 Construction, Murchison - Burnie Economic Region: $84,965 Wholesale Trade, Murchison - Burnie Economic Region: $125,644 Retail Trade, Murchison - Burnie Economic Region: $50,276 Accommodation and Food Services, Murchison - Burnie Economic Region: $42,627 Transport, Postal and Warehousing, Murchison - Burnie Economic Region: $95,412 Information Media and Telecommunications, Murchison - Burnie Economic Region: $185,318 Financial and Insurance Services, Murchison - Burnie Economic Region: $313,051 Rental, Hiring and Real Estate Services, Murchison - Burnie Economic Region: $128,170 Professional, Scientific and Technical Services, Murchison - Burnie Economic Region: $54,767 Administrative and Support Services, Murchison - Burnie Economic Region: $74,909 Public Administration and Safety, Murchison - Burnie Economic Region: $92,814 Education and Training, Murchison - Burnie Economic Region: $68,403 Health Care and Social Assistance, Murchison - Burnie Economic Region: $103,685 Arts and Recreation Services, Murchison - Burnie Economic Region: $42,962 Other Services, Murchison - Burnie Economic Region: $44,293
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts
Change in productivity per worker (annual) by industry, 2012/13 to 2017/18
Change in productivity per worker (annual) by industry, 2012/13 to 2017/18 Agriculture, Forestry and Fishing, Murchison - Burnie Economic Region: -$3,310 Mining, Murchison - Burnie Economic Region: +$46,643 Manufacturing, Murchison - Burnie Economic Region: -$10,151 Electricity, Gas, Water and Waste Services, Murchison - Burnie Economic Region: -$40,285 Construction, Murchison - Burnie Economic Region: +$11,266 Wholesale Trade, Murchison - Burnie Economic Region: +$7,160 Retail Trade, Murchison - Burnie Economic Region: +$2,817 Accommodation and Food Services, Murchison - Burnie Economic Region: +$3,728 Transport, Postal and Warehousing, Murchison - Burnie Economic Region: -$14,260 Information Media and Telecommunications, Murchison - Burnie Economic Region: +$17,210 Financial and Insurance Services, Murchison - Burnie Economic Region: +$78,330 Rental, Hiring and Real Estate Services, Murchison - Burnie Economic Region: +$21,284 Professional, Scientific and Technical Services, Murchison - Burnie Economic Region: +$1,044 Administrative and Support Services, Murchison - Burnie Economic Region: +$333 Public Administration and Safety, Murchison - Burnie Economic Region: +$15,076 Education and Training, Murchison - Burnie Economic Region: -$3,292 Health Care and Social Assistance, Murchison - Burnie Economic Region: -$986 Arts and Recreation Services, Murchison - Burnie Economic Region: -$3,071 Other Services, Murchison - Burnie Economic Region: +$1,279
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the worker productivity by industry sectors in Murchison - Burnie Economic Region in 2017/18 shows the three highest industries were:

  • Financial and Insurance Services ($313,051)
  • Mining ($310,927)
  • Agriculture, Forestry and Fishing ($215,067)

In comparison, the same 3 industries in Greater Hobart were for $382,835 in Financial and Insurance Services; $219,095 in Mining; and $189,421 in Agriculture, Forestry and Fishing.

The major differences between worker productivity by industries in Murchison - Burnie Economic Region and Greater Hobart were:

  • Higher worker productivity in Mining ($310,927 compared to $219,095)
  • Lower worker productivity in Information Media and Telecommunications ($185,318 compared to $255,253)
  • Lower worker productivity in Financial and Insurance Services ($313,051 compared to $382,835)
  • Lower worker productivity in Electricity, Gas, Water and Waste Services ($155,432 compared to $217,767)

Emerging groups

The total worker productivity by industry in Murchison - Burnie Economic Region increased by $1,464 between 2012/13 and 2017/18.

The largest changes in worker productivity by industries between 2012/13 and 2017/18 in Murchison - Burnie Economic Region were for:

  • Financial and Insurance Services (+$78,330)
  • Mining (+$46,643)
  • Electricity, Gas, Water and Waste Services (-$40,285)
  • Rental, Hiring and Real Estate Services (+$21,284)

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