Eastern Region

Worker productivity

In the Eastern Region, Financial and Insurance Services had the highest productivity by industry, generating $278,994 per worker in 2022/23.

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

Data source

National Economics (NIEIR) - Modelled series

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Productivity per worker (annual) by industry
Eastern Region - Constant prices2022/232017/18Change
Industry$Victoria$$Victoria$ 2017/18 - 2022/23
Agriculture, Forestry and Fishing160,957153,907111,254128,257+49,703
Mining156,386672,681150,818811,542+5,567
Manufacturing126,859125,464121,731124,654+5,128
Electricity, Gas, Water and Waste Services277,267247,933339,945307,686-62,678
Construction80,243110,36492,901122,713-12,658
Wholesale Trade229,252211,879242,028228,566-12,776
Retail Trade73,15975,29070,46869,563+2,690
Accommodation and Food Services46,14350,49539,05443,148+7,090
Transport, Postal and Warehousing128,248136,131124,110141,447+4,138
Information Media and Telecommunications233,567244,863174,717180,715+58,850
Financial and Insurance Services278,994293,059320,857342,777-41,863
Rental, Hiring and Real Estate Services237,583242,041252,704261,727-15,121
Professional, Scientific and Technical Services128,824133,176122,982128,417+5,841
Administrative and Support Services184,741200,987153,476165,743+31,265
Public Administration and Safety125,318133,030122,781131,059+2,537
Education and Training95,35790,49493,24289,032+2,115
Health Care and Social Assistance89,44389,23386,97986,225+2,464
Arts and Recreation Services71,23679,79958,09175,104+13,145
Other Services65,66563,02266,04864,658-383
Total worker productivity112,250125,231111,316124,405+934

Source: National Institute of Economic and Industry Research (NIEIR) ©2024. ©2023. 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
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Dominant groups

An analysis of the jobs held by the full-time equivalent local workers in the Eastern Region in 2022/23 shows the three highest industries were:

  • Financial and Insurance Services ($278,994)
  • Electricity, Gas, Water and Waste Services ($277,267)
  • Rental, Hiring and Real Estate Services ($237,583)

In comparison, the same 3 industries in Victoria were for $293,059 in Financial and Insurance Services; $247,933 in Electricity, Gas, Water and Waste Services and $242,041 in Rental, Hiring and Real Estate Services.

The major differences between the jobs held by the full-time equivalent local workers of the Eastern Region and Victoria were:

  • A higher worker productivity in Wholesale Trade ($229,252 compared to $211,879)
  • A higher worker productivity in Electricity, Gas, Water and Waste Services ($277,267 compared to $247,933)
  • A lower worker productivity in Construction ($80,243 compared to $110,364)
  • A lower worker productivity in Mining ($156,386 compared to $672,681)

Emerging groups

The total worker productivity by industry in the Eastern Region increased by $934 between 2017/18 and 2022/23.

The largest changes in worker productivity by industries between 2017/18 and 2022/23 in the Eastern Region were for those employed in:

  • Electricity, Gas, Water and Waste Services (-$62,678)
  • Information Media and Telecommunications (+$58,850)
  • Agriculture, Forestry and Fishing (+$49,703)
  • Financial and Insurance Services (-$41,863)

Eastern Region

economic profile