Northern Tasmania Region

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City of Launceston

Worker productivity

In the City of Launceston, Financial and Insurance Services had the highest productivity by industry, generating $374,648 per worker in 2019/20.

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 Launceston - Constant prices2019/202014/15Change
Industry$Tasmania$$Tasmania$ 2014/15 - 2019/20
Agriculture, Forestry and Fishing163,851180,909185,576206,004-21,724
Mining159,232427,137803,827361,164-644,595
Manufacturing91,745104,300103,714105,185-11,969
Electricity, Gas, Water and Waste Services180,603230,093165,868230,652+14,734
Construction74,557102,87681,661105,776-7,104
Wholesale Trade164,890158,040124,670123,688+40,221
Retail Trade57,33556,80254,40552,059+2,930
Accommodation and Food Services34,41837,77638,55941,679-4,141
Transport, Postal and Warehousing112,948116,25799,109102,290+13,839
Information Media and Telecommunications292,375276,567189,110190,249+103,266
Financial and Insurance Services374,648345,733352,619318,455+22,029
Rental, Hiring and Real Estate Services199,975191,698148,777141,654+51,197
Professional, Scientific and Technical Services63,90770,13366,08672,080-2,178
Administrative and Support Services80,58482,72473,39271,721+7,192
Public Administration and Safety103,568108,49393,72898,613+9,840
Education and Training84,58280,94481,37377,311+3,209
Health Care and Social Assistance113,022112,640103,235102,594+9,787
Arts and Recreation Services36,92449,90351,01068,174-14,086
Other Services64,32363,71152,73352,395+11,590
Total worker productivity100,996109,17998,627104,099+2,370

Source: National Institute of Economic and Industry Research (NIEIR) ©2021. Compiled and presented in economy.id by .id (informed decisions). Data are based on a 2018-19 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 Launceston in 2019/20 shows the three highest industries were:

  • Financial and Insurance Services ($374,648)
  • Information Media and Telecommunications ($292,375)
  • Rental, Hiring and Real Estate Services ($199,975)

In comparison, the same 3 industries in Tasmania were for $345,733 in Financial and Insurance Services; $276,567 in Information Media and Telecommunications and $191,698 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 Launceston and Tasmania were:

  • A lower worker productivity in Construction ($74,557 compared to $102,876)
  • A higher worker productivity in Financial and Insurance Services ($374,648 compared to $345,733)
  • A lower worker productivity in Electricity, Gas, Water and Waste Services ($180,603 compared to $230,093)
  • A lower worker productivity in Mining ($159,232 compared to $427,137)

Emerging groups

The total worker productivity by industry in the City of Launceston increased by $2,370 between 2014/15 and 2019/20.

The largest changes in worker productivity by industries between 2014/15 and 2019/20 in the City of Launceston were for those employed in:

  • Mining (-$644,595)
  • Information Media and Telecommunications (+$103,266)
  • Rental, Hiring and Real Estate Services (+$51,197)
  • Wholesale Trade (+$40,221)

Northern Tasmania Region

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