Northern Tasmania RegionEconomic profile
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Northern Tasmania Region

Worker productivity

In the Northern Tasmania Region, Financial and Insurance Services had the highest productivity by industry, generating $352,483 per worker in 2018/19.

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
Northern Tasmania Region - Constant prices2018/192013/14Change
Industry
(Click rows to view sub-categories)
$Tasmania $$Tasmania $2013/14 to 2018/19
Agriculture, Forestry and Fishing278,088265,550210,215211,685+67,873
Mining306,614329,204373,995309,468-67,381
Manufacturing94,31795,35594,28296,376+35
Electricity, Gas, Water and Waste Services165,924220,083168,333226,600-2,409
Construction83,91893,49086,79888,889-2,879
Wholesale Trade150,790150,238126,078126,468+24,712
Retail Trade51,42751,90351,08450,624+344
Accommodation and Food Services41,30244,70939,68742,301+1,615
Transport, Postal and Warehousing113,869115,39497,891101,776+15,978
Information Media and Telecommunications275,648271,081180,052194,284+95,596
Financial and Insurance Services352,483331,150326,488301,161+25,995
Rental, Hiring and Real Estate Services152,968178,319120,584135,569+32,383
Professional, Scientific and Technical Services63,45471,02364,38471,033-930
Administrative and Support Services79,40682,72871,94973,722+7,457
Public Administration and Safety85,11489,16287,33792,099-2,223
Education and Training79,64879,92579,86980,601-221
Health Care and Social Assistance114,179115,548105,756106,902+8,423
Arts and Recreation Services52,00153,15561,11267,206-9,111
Other Services54,12355,41651,57153,733+2,552

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. 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 2018/19
Productivity per worker (annual) by industry 2018/19 Agriculture, Forestry and Fishing, Tasmania: $265,550 Mining, Tasmania: $329,204 Manufacturing, Tasmania: $95,355 Electricity, Gas, Water and Waste Services, Tasmania: $220,083 Construction, Tasmania: $93,490 Wholesale Trade, Tasmania: $150,238 Retail Trade, Tasmania: $51,903 Accommodation and Food Services, Tasmania: $44,709 Transport, Postal and Warehousing, Tasmania: $115,394 Information Media and Telecommunications, Tasmania: $271,081 Financial and Insurance Services, Tasmania: $331,150 Rental, Hiring and Real Estate Services, Tasmania: $178,319 Professional, Scientific and Technical Services, Tasmania: $71,023 Administrative and Support Services, Tasmania: $82,728 Public Administration and Safety, Tasmania: $89,162 Education and Training, Tasmania: $79,925 Health Care and Social Assistance, Tasmania: $115,548 Arts and Recreation Services, Tasmania: $53,155 Other Services, Tasmania: $55,416 Agriculture, Forestry and Fishing, Northern Tasmania Region: $278,088 Mining, Northern Tasmania Region: $306,614 Manufacturing, Northern Tasmania Region: $94,317 Electricity, Gas, Water and Waste Services, Northern Tasmania Region: $165,924 Construction, Northern Tasmania Region: $83,918 Wholesale Trade, Northern Tasmania Region: $150,790 Retail Trade, Northern Tasmania Region: $51,427 Accommodation and Food Services, Northern Tasmania Region: $41,302 Transport, Postal and Warehousing, Northern Tasmania Region: $113,869 Information Media and Telecommunications, Northern Tasmania Region: $275,648 Financial and Insurance Services, Northern Tasmania Region: $352,483 Rental, Hiring and Real Estate Services, Northern Tasmania Region: $152,968 Professional, Scientific and Technical Services, Northern Tasmania Region: $63,454 Administrative and Support Services, Northern Tasmania Region: $79,406 Public Administration and Safety, Northern Tasmania Region: $85,114 Education and Training, Northern Tasmania Region: $79,648 Health Care and Social Assistance, Northern Tasmania Region: $114,179 Arts and Recreation Services, Northern Tasmania Region: $52,001 Other Services, Northern Tasmania Region: $54,123
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts
Change in productivity per worker (annual) by industry, 2013/14 to 2018/19
Change in productivity per worker (annual) by industry, 2013/14 to 2018/19 Agriculture, Forestry and Fishing, Northern Tasmania Region: +$67,873 Mining, Northern Tasmania Region: -$67,381 Manufacturing, Northern Tasmania Region: +$35 Electricity, Gas, Water and Waste Services, Northern Tasmania Region: -$2,409 Construction, Northern Tasmania Region: -$2,879 Wholesale Trade, Northern Tasmania Region: +$24,712 Retail Trade, Northern Tasmania Region: +$344 Accommodation and Food Services, Northern Tasmania Region: +$1,615 Transport, Postal and Warehousing, Northern Tasmania Region: +$15,978 Information Media and Telecommunications, Northern Tasmania Region: +$95,596 Financial and Insurance Services, Northern Tasmania Region: +$25,995 Rental, Hiring and Real Estate Services, Northern Tasmania Region: +$32,383 Professional, Scientific and Technical Services, Northern Tasmania Region: -$930 Administrative and Support Services, Northern Tasmania Region: +$7,457 Public Administration and Safety, Northern Tasmania Region: -$2,223 Education and Training, Northern Tasmania Region: -$221 Health Care and Social Assistance, Northern Tasmania Region: +$8,423 Arts and Recreation Services, Northern Tasmania Region: -$9,111 Other Services, Northern Tasmania Region: +$2,552
Source: National Institute of Economic and Industry Research (NIEIR) ©2019
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the worker productivity by industry sectors in Northern Tasmania Region in 2018/19 shows the three highest industries were:

  • Financial and Insurance Services ($352,483)
  • Mining ($306,614)
  • Agriculture, Forestry and Fishing ($278,088)

In comparison, the same 3 industries in Tasmania were for $331,150 in Financial and Insurance Services; $329,204 in Mining; and $265,550 in Agriculture, Forestry and Fishing.

The major differences between worker productivity by industries in the Northern Tasmania Region and Tasmania were:

  • Higher worker productivity in Financial and Insurance Services ($352,483 compared to $331,150)
  • Lower worker productivity in Electricity, Gas, Water and Waste Services ($165,924 compared to $220,083)
  • Lower worker productivity in Rental, Hiring and Real Estate Services ($152,968 compared to $178,319)
  • Lower worker productivity in Mining ($306,614 compared to $329,204)

Emerging groups

The total worker productivity by industry in the Northern Tasmania Region increased by $6,221 between 2013/14 and 2018/19.

The largest changes in worker productivity by industries between 2013/14 and 2018/19 in the Northern Tasmania Region were for:

  • Information Media and Telecommunications (+$95,596)
  • Agriculture, Forestry and Fishing (+$67,873)
  • Mining (-$67,381)
  • Rental, Hiring and Real Estate Services (+$32,383)

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