City of Port Phillip

Worker productivity

In City of Port Phillip, Financial and Insurance Services had the highest productivity by industry, generating $303,648 per worker in 2020/21.

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 Port Phillip - Constant prices2020/212015/16Change
Industry$Victoria$$Victoria$ 2015/16 - 2020/21
Agriculture, Forestry and Fishing216,295136,847210,628129,183+5,667
Mining123,285464,684148,859481,775-25,574
Manufacturing113,963107,395137,150119,751-23,187
Electricity, Gas, Water and Waste Services276,773314,408297,997331,479-21,224
Construction88,822115,334114,885121,090-26,063
Wholesale Trade225,566196,283224,851193,883+716
Retail Trade81,57968,26578,34664,301+3,233
Accommodation and Food Services49,21140,62351,54641,063-2,335
Transport, Postal and Warehousing176,459116,456171,230139,162+5,229
Information Media and Telecommunications209,872204,928150,246167,683+59,626
Financial and Insurance Services303,648320,063297,203322,287+6,446
Rental, Hiring and Real Estate Services275,449247,676269,511240,528+5,938
Professional, Scientific and Technical Services126,469120,328127,204119,711-735
Administrative and Support Services209,983155,143183,200135,106+26,783
Public Administration and Safety148,982128,246146,774124,027+2,208
Education and Training80,88486,32782,82883,867-1,944
Health Care and Social Assistance82,61784,25385,94578,547-3,328
Arts and Recreation Services71,43868,13489,00975,167-17,571
Other Services65,68161,11776,26066,723-10,579
Total worker productivity132,447117,661136,930117,132-4,482

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 City of Port Phillip in 2020/21 shows the three highest industries were:

  • Financial and Insurance Services ($303,648)
  • Electricity, Gas, Water and Waste Services ($276,773)
  • Rental, Hiring and Real Estate Services ($275,449)

In comparison, the same 3 industries in Victoria were for $320,063 in Financial and Insurance Services; $314,408 in Electricity, Gas, Water and Waste Services and $247,676 in Rental, Hiring and Real Estate Services.

The major differences between the jobs held by the full-time equivalent local workers of City of Port Phillip and Victoria were:

  • A higher worker productivity in Administrative and Support Services ($209,983 compared to $155,143)
  • A higher worker productivity in Transport, Postal and Warehousing ($176,459 compared to $116,456)
  • A higher worker productivity in Agriculture, Forestry and Fishing ($216,295 compared to $136,847)
  • A lower worker productivity in Mining ($123,285 compared to $464,684)

Emerging groups

The total worker productivity by industry in City of Port Phillip decreased by -4,482 between 2015/16 and 2020/21.

The largest changes in worker productivity by industries between 2015/16 and 2020/21 in City of Port Phillip were for those employed in:

  • Information Media and Telecommunications (+$59,626)
  • Administrative and Support Services (+$26,783)
  • Construction (-$26,063)
  • Mining (-$25,574)

City of Port Phillip

economic profile