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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 $400,649 per worker in 2017/18.

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

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
Meander Valley Council area - Constant prices2017/182012/13Change
Industry
(Click rows to view sub-categories)
$Regional TAS $$Regional TAS $2012/13 to 2017/18
Agriculture, Forestry and Fishing212,620199,883213,992199,543-1,372
Mining206,255361,877171,283293,392+34,973
Manufacturing150,117100,323130,29098,156+19,828
Electricity, Gas, Water and Waste Services133,561150,142114,051182,744+19,509
Construction63,18963,22176,85872,823-13,669
Wholesale Trade129,329140,391116,423112,927+12,906
Retail Trade49,32849,91148,48948,882+839
Accommodation and Food Services35,80936,89843,55839,410-7,749
Transport, Postal and Warehousing87,41792,84992,989106,674-5,572
Information Media and Telecommunications285,690222,966197,798176,666+87,891
Financial and Insurance Services400,649393,739292,200293,108+108,449
Rental, Hiring and Real Estate Services169,042130,104115,587107,289+53,455
Professional, Scientific and Technical Services58,02058,04158,91160,418-891
Administrative and Support Services58,30660,28262,83468,945-4,529
Public Administration and Safety92,09091,60686,00478,622+6,086
Education and Training65,14570,95464,02075,600+1,125
Health Care and Social Assistance109,359102,943106,805103,407+2,554
Arts and Recreation Services79,92548,14263,74351,777+16,183
Other Services49,22646,56946,25545,316+2,970

Source: National Institute of Economic and Industry Research (NIEIR) ©2018. 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 2017/18
Productivity per worker (annual) by industry 2017/18 Agriculture, Forestry and Fishing, Regional TAS: $199,883 Mining, Regional TAS: $361,877 Manufacturing, Regional TAS: $100,323 Electricity, Gas, Water and Waste Services, Regional TAS: $150,142 Construction, Regional TAS: $63,221 Wholesale Trade, Regional TAS: $140,391 Retail Trade, Regional TAS: $49,911 Accommodation and Food Services, Regional TAS: $36,898 Transport, Postal and Warehousing, Regional TAS: $92,849 Information Media and Telecommunications, Regional TAS: $222,966 Financial and Insurance Services, Regional TAS: $393,739 Rental, Hiring and Real Estate Services, Regional TAS: $130,104 Professional, Scientific and Technical Services, Regional TAS: $58,041 Administrative and Support Services, Regional TAS: $60,282 Public Administration and Safety, Regional TAS: $91,606 Education and Training, Regional TAS: $70,954 Health Care and Social Assistance, Regional TAS: $102,943 Arts and Recreation Services, Regional TAS: $48,142 Other Services, Regional TAS: $46,569 Agriculture, Forestry and Fishing, Meander Valley Council area: $212,620 Mining, Meander Valley Council area: $206,255 Manufacturing, Meander Valley Council area: $150,117 Electricity, Gas, Water and Waste Services, Meander Valley Council area: $133,561 Construction, Meander Valley Council area: $63,189 Wholesale Trade, Meander Valley Council area: $129,329 Retail Trade, Meander Valley Council area: $49,328 Accommodation and Food Services, Meander Valley Council area: $35,809 Transport, Postal and Warehousing, Meander Valley Council area: $87,417 Information Media and Telecommunications, Meander Valley Council area: $285,690 Financial and Insurance Services, Meander Valley Council area: $400,649 Rental, Hiring and Real Estate Services, Meander Valley Council area: $169,042 Professional, Scientific and Technical Services, Meander Valley Council area: $58,020 Administrative and Support Services, Meander Valley Council area: $58,306 Public Administration and Safety, Meander Valley Council area: $92,090 Education and Training, Meander Valley Council area: $65,145 Health Care and Social Assistance, Meander Valley Council area: $109,359 Arts and Recreation Services, Meander Valley Council area: $79,925 Other Services, Meander Valley Council area: $49,226
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts
Change in productivity per worker (annual) by industry, 2012/13 to 2017/18
Change in productivity per worker (annual) by industry, 2012/13 to 2017/18 Agriculture, Forestry and Fishing, Meander Valley Council area: -$1,372 Mining, Meander Valley Council area: +$34,973 Manufacturing, Meander Valley Council area: +$19,828 Electricity, Gas, Water and Waste Services, Meander Valley Council area: +$19,509 Construction, Meander Valley Council area: -$13,669 Wholesale Trade, Meander Valley Council area: +$12,906 Retail Trade, Meander Valley Council area: +$839 Accommodation and Food Services, Meander Valley Council area: -$7,749 Transport, Postal and Warehousing, Meander Valley Council area: -$5,572 Information Media and Telecommunications, Meander Valley Council area: +$87,891 Financial and Insurance Services, Meander Valley Council area: +$108,449 Rental, Hiring and Real Estate Services, Meander Valley Council area: +$53,455 Professional, Scientific and Technical Services, Meander Valley Council area: -$891 Administrative and Support Services, Meander Valley Council area: -$4,529 Public Administration and Safety, Meander Valley Council area: +$6,086 Education and Training, Meander Valley Council area: +$1,125 Health Care and Social Assistance, Meander Valley Council area: +$2,554 Arts and Recreation Services, Meander Valley Council area: +$16,183 Other Services, Meander Valley Council area: +$2,970
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
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 2017/18 shows the three highest industries were:

  • Financial and Insurance Services ($400,649)
  • Information Media and Telecommunications ($285,690)
  • Agriculture, Forestry and Fishing ($212,620)

In comparison, the same 3 industries in Regional TAS were for $393,739 in Financial and Insurance Services; $222,966 in Information Media and Telecommunications; and $199,883 in Agriculture, Forestry and Fishing.

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

  • Higher worker productivity in Information Media and Telecommunications ($285,690 compared to $222,966)
  • Higher worker productivity in Manufacturing ($150,117 compared to $100,323)
  • Higher worker productivity in Rental, Hiring and Real Estate Services ($169,042 compared to $130,104)
  • Lower worker productivity in Mining ($206,255 compared to $361,877)

Emerging groups

The total worker productivity by industry in Meander Valley Council area increased by $2,248 between 2012/13 and 2017/18.

The largest changes in worker productivity by industries between 2012/13 and 2017/18 in Meander Valley Council area were for:

  • Financial and Insurance Services (+$108,449)
  • Information Media and Telecommunications (+$87,891)
  • Rental, Hiring and Real Estate Services (+$53,455)
  • Mining (+$34,973)

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