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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 $400,647 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 Fishing212,585200,037213,992199,543-1,408
Mining206,255361,877171,283293,392+34,973
Manufacturing150,116100,322130,29098,156+19,827
Electricity, Gas, Water and Waste Services133,558150,142114,051182,744+19,506
Construction63,18963,22176,85872,823-13,669
Wholesale Trade129,316140,386116,423112,927+12,893
Retail Trade49,33149,90948,48948,882+842
Accommodation and Food Services35,78736,87843,55839,410-7,771
Transport, Postal and Warehousing86,98992,84592,989106,674-5,999
Information Media and Telecommunications285,690222,966197,798176,666+87,891
Financial and Insurance Services400,647393,738292,200293,108+108,447
Rental, Hiring and Real Estate Services169,038130,100115,587107,289+53,451
Professional, Scientific and Technical Services58,02058,04058,91160,418-891
Administrative and Support Services58,30560,28262,83468,945-4,529
Public Administration and Safety92,08891,60586,00478,622+6,085
Education and Training65,27471,05964,02075,600+1,254
Health Care and Social Assistance109,416103,169106,805103,407+2,611
Arts and Recreation Services79,92648,14263,74351,777+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: $200,037 Mining, Regional TAS: $361,877 Manufacturing, Regional TAS: $100,322 Electricity, Gas, Water and Waste Services, Regional TAS: $150,142 Construction, Regional TAS: $63,221 Wholesale Trade, Regional TAS: $140,386 Retail Trade, Regional TAS: $49,909 Accommodation and Food Services, Regional TAS: $36,878 Transport, Postal and Warehousing, Regional TAS: $92,845 Information Media and Telecommunications, Regional TAS: $222,966 Financial and Insurance Services, Regional TAS: $393,738 Rental, Hiring and Real Estate Services, Regional TAS: $130,100 Professional, Scientific and Technical Services, Regional TAS: $58,040 Administrative and Support Services, Regional TAS: $60,282 Public Administration and Safety, Regional TAS: $91,605 Education and Training, Regional TAS: $71,059 Health Care and Social Assistance, Regional TAS: $103,169 Arts and Recreation Services, Regional TAS: $48,142 Other Services, Regional TAS: $46,569 Agriculture, Forestry and Fishing, Meander Valley Council area: $212,585 Mining, Meander Valley Council area: $206,255 Manufacturing, Meander Valley Council area: $150,116 Electricity, Gas, Water and Waste Services, Meander Valley Council area: $133,558 Construction, Meander Valley Council area: $63,189 Wholesale Trade, Meander Valley Council area: $129,316 Retail Trade, Meander Valley Council area: $49,331 Accommodation and Food Services, Meander Valley Council area: $35,787 Transport, Postal and Warehousing, Meander Valley Council area: $86,989 Information Media and Telecommunications, Meander Valley Council area: $285,690 Financial and Insurance Services, Meander Valley Council area: $400,647 Rental, Hiring and Real Estate Services, Meander Valley Council area: $169,038 Professional, Scientific and Technical Services, Meander Valley Council area: $58,020 Administrative and Support Services, Meander Valley Council area: $58,305 Public Administration and Safety, Meander Valley Council area: $92,088 Education and Training, Meander Valley Council area: $65,274 Health Care and Social Assistance, Meander Valley Council area: $109,416 Arts and Recreation Services, Meander Valley Council area: $79,926 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: -$1,408 Mining, Meander Valley Council area: +$34,973 Manufacturing, Meander Valley Council area: +$19,827 Electricity, Gas, Water and Waste Services, Meander Valley Council area: +$19,506 Construction, Meander Valley Council area: -$13,669 Wholesale Trade, Meander Valley Council area: +$12,893 Retail Trade, Meander Valley Council area: +$842 Accommodation and Food Services, Meander Valley Council area: -$7,771 Transport, Postal and Warehousing, Meander Valley Council area: -$5,999 Information Media and Telecommunications, Meander Valley Council area: +$87,891 Financial and Insurance Services, Meander Valley Council area: +$108,447 Rental, Hiring and Real Estate Services, Meander Valley Council area: +$53,451 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: +$6,085 Education and Training, Meander Valley Council area: +$1,254 Health Care and Social Assistance, Meander Valley Council area: +$2,611 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 ($400,647)
  • Information Media and Telecommunications ($285,690)
  • Agriculture, Forestry and Fishing ($212,585)

In comparison, the same 3 industries in Regional TAS were for $393,738 in Financial and Insurance Services; $222,966 in Information Media and Telecommunications; and $200,037 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 ($150,116 compared to $100,322)
  • Higher worker productivity in Rental, Hiring and Real Estate Services ($169,038 compared to $130,100)
  • 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 $2,400 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 (+$108,447)
  • Information Media and Telecommunications (+$87,891)
  • Rental, Hiring and Real Estate Services (+$53,451)
  • Mining (+$34,973)

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