City of Knox

Worker productivity

In the City of Knox, Financial and Insurance Services had the highest productivity by industry, generating $305,816 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
City of Knox - Constant prices2022/232008/09Change
Industry$Greater Melbourne$$Greater Melbourne$ 2008/09 - 2022/23
Agriculture, Forestry and Fishing118,657138,606113,553143,777+5,104
Mining149,076243,786163,729240,286-14,653
Manufacturing120,020127,950120,621121,172-601
Electricity, Gas, Water and Waste Services224,142248,233328,650363,170-104,508
Construction53,762110,63778,628119,198-24,866
Wholesale Trade224,186218,377156,814157,337+67,372
Retail Trade71,80776,17857,06561,321+14,742
Accommodation and Food Services43,68649,66942,00149,978+1,685
Transport, Postal and Warehousing122,260140,570144,428162,199-22,169
Information Media and Telecommunications228,970250,858102,652125,920+126,318
Financial and Insurance Services305,816299,049287,482264,769+18,334
Rental, Hiring and Real Estate Services224,464247,856221,240257,921+3,224
Professional, Scientific and Technical Services125,178135,632112,977126,743+12,201
Administrative and Support Services160,377216,394122,080154,177+38,297
Public Administration and Safety122,884135,449106,939124,903+15,945
Education and Training73,91192,66475,63997,023-1,728
Health Care and Social Assistance88,43391,22280,20385,244+8,230
Arts and Recreation Services80,57185,29453,65394,612+26,918
Other Services63,27265,66371,46874,828-8,197
Total worker productivity108,159128,406103,606120,319+4,554

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 City of Knox in 2022/23 shows the three highest industries were:

  • Financial and Insurance Services ($305,816)
  • Information Media and Telecommunications ($228,970)
  • Rental, Hiring and Real Estate Services ($224,464)

In comparison, the same 3 industries in Greater Melbourne were for $299,049 in Financial and Insurance Services; $250,858 in Information Media and Telecommunications and $247,856 in Rental, Hiring and Real Estate Services.

The major differences between the jobs held by the full-time equivalent local workers of the City of Knox and Greater Melbourne were:

  • A lower worker productivity in Electricity, Gas, Water and Waste Services ($224,142 compared to $248,233)
  • A lower worker productivity in Administrative and Support Services ($160,377 compared to $216,394)
  • A lower worker productivity in Construction ($53,762 compared to $110,637)
  • A lower worker productivity in Mining ($149,076 compared to $243,786)

Emerging groups

The total worker productivity by industry in the City of Knox increased by $4,554 between 2008/09 and 2022/23.

The largest changes in worker productivity by industries between 2008/09 and 2022/23 in the City of Knox were for those employed in:

  • Information Media and Telecommunications (+$126,318)
  • Electricity, Gas, Water and Waste Services (-$104,508)
  • Wholesale Trade (+$67,372)
  • Administrative and Support Services (+$38,297)

City of Knox

economic profile