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Meander Valley Council area

Worker productivity

In Meander Valley Council area, Financial and Insurance Services had the highest productivity by industry, generating $374,038 per worker in 2016/17.

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
Meander Valley Council area - Constant prices2016/172011/12Change
Industry
(Click rows to view sub-categories)
$Regional TAS $$Regional TAS $2011/12 to 2016/17
Agriculture, Forestry and Fishing187,238189,720205,560191,661-18,321
Mining265,311434,467201,742387,429+63,569
Manufacturing134,98194,509130,99998,766+3,982
Electricity, Gas, Water and Waste Services123,751163,212122,047205,135+1,704
Construction91,98185,80873,41873,762+18,562
Wholesale Trade147,612155,374104,527101,071+43,085
Retail Trade48,04849,68648,40949,139-361
Accommodation and Food Services36,23437,32747,63642,425-11,403
Transport, Postal and Warehousing96,742116,50591,329107,548+5,414
Information Media and Telecommunications278,380242,685198,702170,781+79,679
Financial and Insurance Services374,038379,533295,255293,178+78,783
Rental, Hiring and Real Estate Services172,516137,202100,95298,510+71,564
Professional, Scientific and Technical Services58,77359,08556,55258,669+2,222
Administrative and Support Services58,54360,57163,16572,219-4,621
Public Administration and Safety91,05390,95786,82175,330+4,232
Education and Training63,33872,80461,15573,706+2,183
Health Care and Social Assistance108,526103,304100,31199,046+8,215
Arts and Recreation Services75,37854,38465,48556,851+9,893
Other Services48,63446,55244,58943,686+4,045

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Data are based on a 2015-16 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 2016/17
Productivity per worker (annual) by industry 2016/17 Agriculture, Forestry and Fishing, Regional TAS: $189,720 Mining, Regional TAS: $434,467 Manufacturing, Regional TAS: $94,509 Electricity, Gas, Water and Waste Services, Regional TAS: $163,212 Construction, Regional TAS: $85,808 Wholesale Trade, Regional TAS: $155,374 Retail Trade, Regional TAS: $49,686 Accommodation and Food Services, Regional TAS: $37,327 Transport, Postal and Warehousing, Regional TAS: $116,505 Information Media and Telecommunications, Regional TAS: $242,685 Financial and Insurance Services, Regional TAS: $379,533 Rental, Hiring and Real Estate Services, Regional TAS: $137,202 Professional, Scientific and Technical Services, Regional TAS: $59,085 Administrative and Support Services, Regional TAS: $60,571 Public Administration and Safety, Regional TAS: $90,957 Education and Training, Regional TAS: $72,804 Health Care and Social Assistance, Regional TAS: $103,304 Arts and Recreation Services, Regional TAS: $54,384 Other Services, Regional TAS: $46,552 Agriculture, Forestry and Fishing, Meander Valley Council area: $187,238 Mining, Meander Valley Council area: $265,311 Manufacturing, Meander Valley Council area: $134,981 Electricity, Gas, Water and Waste Services, Meander Valley Council area: $123,751 Construction, Meander Valley Council area: $91,981 Wholesale Trade, Meander Valley Council area: $147,612 Retail Trade, Meander Valley Council area: $48,048 Accommodation and Food Services, Meander Valley Council area: $36,234 Transport, Postal and Warehousing, Meander Valley Council area: $96,742 Information Media and Telecommunications, Meander Valley Council area: $278,380 Financial and Insurance Services, Meander Valley Council area: $374,038 Rental, Hiring and Real Estate Services, Meander Valley Council area: $172,516 Professional, Scientific and Technical Services, Meander Valley Council area: $58,773 Administrative and Support Services, Meander Valley Council area: $58,543 Public Administration and Safety, Meander Valley Council area: $91,053 Education and Training, Meander Valley Council area: $63,338 Health Care and Social Assistance, Meander Valley Council area: $108,526 Arts and Recreation Services, Meander Valley Council area: $75,378 Other Services, Meander Valley Council area: $48,634
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Change in productivity per worker (annual) by industry, 2011/12 to 2016/17
Change in productivity per worker (annual) by industry, 2011/12 to 2016/17 Agriculture, Forestry and Fishing, Meander Valley Council area: -$18,321 Mining, Meander Valley Council area: +$63,569 Manufacturing, Meander Valley Council area: +$3,982 Electricity, Gas, Water and Waste Services, Meander Valley Council area: +$1,704 Construction, Meander Valley Council area: +$18,562 Wholesale Trade, Meander Valley Council area: +$43,085 Retail Trade, Meander Valley Council area: -$361 Accommodation and Food Services, Meander Valley Council area: -$11,403 Transport, Postal and Warehousing, Meander Valley Council area: +$5,414 Information Media and Telecommunications, Meander Valley Council area: +$79,679 Financial and Insurance Services, Meander Valley Council area: +$78,783 Rental, Hiring and Real Estate Services, Meander Valley Council area: +$71,564 Professional, Scientific and Technical Services, Meander Valley Council area: +$2,222 Administrative and Support Services, Meander Valley Council area: -$4,621 Public Administration and Safety, Meander Valley Council area: +$4,232 Education and Training, Meander Valley Council area: +$2,183 Health Care and Social Assistance, Meander Valley Council area: +$8,215 Arts and Recreation Services, Meander Valley Council area: +$9,893 Other Services, Meander Valley Council area: +$4,045
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the worker productivity by industry sectors in Meander Valley Council area in 2016/17 shows the three highest industries were:

  • Financial and Insurance Services ($374,038)
  • Information Media and Telecommunications ($278,380)
  • Mining ($265,311)

In comparison, the same 3 industries in Regional TAS were for $379,533 in Financial and Insurance Services; $242,685 in Information Media and Telecommunications; and $434,467 in Mining.

The major differences between worker productivity by industries in Meander Valley Council area and Regional TAS were:

  • Higher worker productivity in Manufacturing ($134,981 compared to $94,509)
  • Higher worker productivity in Information Media and Telecommunications ($278,380 compared to $242,685)
  • Lower worker productivity in Mining ($265,311 compared to $434,467)
  • Lower worker productivity in Electricity, Gas, Water and Waste Services ($123,751 compared to $163,212)

Emerging groups

The total worker productivity by industry in Meander Valley Council area increased by $4,061 between 2011/12 and 2016/17.

The largest changes in worker productivity by industries between 2011/12 and 2016/17 in Meander Valley Council area were for:

  • Information Media and Telecommunications (+$79,679)
  • Financial and Insurance Services (+$78,783)
  • Rental, Hiring and Real Estate Services (+$71,564)
  • Mining (+$63,569)

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