City of Launceston

Worker productivity

In the City of Launceston, Financial and Insurance Services had the highest productivity by industry, generating $318,708 per worker in 2021/22.

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

Current benchmark:
Comparison year:
Productivity measure:
reset
Did you know? By clicking/tapping on a data row in the table you will be able to see sub categories.
Productivity per worker (annual) by industry
City of Launceston - Constant prices2021/222016/17Change
Industry$Tasmania$$Tasmania$ 2016/17 - 2021/22
Agriculture, Forestry and Fishing261,172271,577219,158213,348+42,014
Mining134,518303,726154,860319,270-20,342
Manufacturing100,11597,649106,012103,725-5,897
Electricity, Gas, Water and Waste Services159,178197,866159,346205,618-168
Construction82,669106,27375,89388,939+6,776
Wholesale Trade139,884133,845145,399140,565-5,515
Retail Trade62,99859,22259,18358,389+3,815
Accommodation and Food Services37,09236,19835,52239,292+1,569
Transport, Postal and Warehousing125,862118,211116,099122,168+9,764
Information Media and Telecommunications240,171305,727201,307208,652+38,865
Financial and Insurance Services318,708297,540337,518305,493-18,810
Rental, Hiring and Real Estate Services192,271180,501157,927155,113+34,344
Professional, Scientific and Technical Services72,67975,65770,76575,423+1,914
Administrative and Support Services95,19896,86381,46183,655+13,737
Public Administration and Safety106,997115,047102,743109,751+4,254
Education and Training79,96776,02791,95087,461-11,982
Health Care and Social Assistance104,715104,621103,231103,868+1,484
Arts and Recreation Services51,18163,59041,70058,929+9,481
Other Services52,49553,72559,96558,606-7,470
Total worker productivity100,398110,27099,915106,385+483

Source: National Institute of Economic and Industry Research (NIEIR) ©2023. ©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
Did you know? By clicking/tapping on a category in the chart below you will be able to drilldown to the sub categories.
loading animation
loading animation

Dominant groups

An analysis of the jobs held by the full-time equivalent local workers in the City of Launceston in 2021/22 shows the three highest industries were:

  • Financial and Insurance Services ($318,708)
  • Agriculture, Forestry and Fishing ($261,172)
  • Information Media and Telecommunications ($240,171)

In comparison, the same 3 industries in Tasmania were for $297,540 in Financial and Insurance Services; $271,577 in Agriculture, Forestry and Fishing and $305,727 in Information Media and Telecommunications.

The major differences between the jobs held by the full-time equivalent local workers of the City of Launceston and Tasmania were:

  • A lower worker productivity in Construction ($82,669 compared to $106,273)
  • A lower worker productivity in Electricity, Gas, Water and Waste Services ($159,178 compared to $197,866)
  • A lower worker productivity in Information Media and Telecommunications ($240,171 compared to $305,727)
  • A lower worker productivity in Mining ($134,518 compared to $303,726)

Emerging groups

The total worker productivity by industry in the City of Launceston increased by $483 between 2016/17 and 2021/22.

The largest changes in worker productivity by industries between 2016/17 and 2021/22 in the City of Launceston were for those employed in:

  • Agriculture, Forestry and Fishing (+$42,014)
  • Information Media and Telecommunications (+$38,865)
  • Rental, Hiring and Real Estate Services (+$34,344)
  • Mining (-$20,342)

City of Launceston

economic profile