City of Launceston

Worker productivity

In the City of Launceston, Financial and Insurance Services had the highest productivity by industry, generating $331,808 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

Current benchmark:
Comparison year:
Productivity measure:
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Productivity per worker (annual) by industry
City of Launceston - Constant prices2022/232017/18Change
Industry$Tasmania$$Tasmania$ 2017/18 - 2022/23
Agriculture, Forestry and Fishing274,447230,003272,622232,794+1,825
Electricity, Gas, Water and Waste Services132,620167,521149,015204,864-16,394
Wholesale Trade141,658129,101157,777147,712-16,119
Retail Trade61,70759,48960,35359,447+1,354
Accommodation and Food Services39,48046,36237,74643,086+1,734
Transport, Postal and Warehousing144,366136,413122,347126,221+22,018
Information Media and Telecommunications241,722310,373207,721220,667+34,002
Financial and Insurance Services331,808302,470328,946308,700+2,861
Rental, Hiring and Real Estate Services201,357189,733150,605152,072+50,752
Professional, Scientific and Technical Services71,54578,83374,81179,569-3,266
Administrative and Support Services102,673100,68181,34383,391+21,330
Public Administration and Safety107,771115,125105,022113,273+2,749
Education and Training85,75278,29592,43587,576-6,683
Health Care and Social Assistance105,043107,429105,613107,399-570
Arts and Recreation Services55,49673,52235,14551,554+20,351
Other Services65,69062,90154,54452,271+11,146
Total worker productivity104,538111,667103,135109,609+1,403

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

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

  • Financial and Insurance Services ($331,808)
  • Agriculture, Forestry and Fishing ($274,447)
  • Information Media and Telecommunications ($241,722)

In comparison, the same 3 industries in Tasmania were for $302,470 in Financial and Insurance Services; $230,003 in Agriculture, Forestry and Fishing and $310,373 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 Electricity, Gas, Water and Waste Services ($132,620 compared to $167,521)
  • A higher worker productivity in Agriculture, Forestry and Fishing ($274,447 compared to $230,003)
  • A lower worker productivity in Information Media and Telecommunications ($241,722 compared to $310,373)
  • A lower worker productivity in Mining ($59,025 compared to $232,023)

Emerging groups

The total worker productivity by industry in the City of Launceston increased by $1,403 between 2017/18 and 2022/23.

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

  • Rental, Hiring and Real Estate Services (+$50,752)
  • Manufacturing (-$49,221)
  • Information Media and Telecommunications (+$34,002)
  • Transport, Postal and Warehousing (+$22,018)

City of Launceston

economic profile