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City of Stonnington

Worker productivity

In the City of Stonnington, Financial and Insurance Services had the highest productivity by industry, generating $334,587 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

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
City of Stonnington - Constant prices2019/202004/05Change
Industry
(Click rows to view sub-categories)
$Victoria $$Victoria $2004/05 to 2019/20
Agriculture, Forestry and Fishing69,53192,60082,216127,449-12,685
Mining299,187486,089209,293775,796+89,894
Manufacturing94,210102,42588,499113,047+5,711
Electricity, Gas, Water and Waste Services272,336276,828637,521458,569-365,185
Construction162,326113,134181,677112,213-19,351
Wholesale Trade162,066156,313134,412115,926+27,654
Retail Trade74,84663,59658,38749,162+16,459
Accommodation and Food Services49,64542,94458,68651,905-9,041
Transport, Postal and Warehousing100,783115,630145,409133,404-44,626
Information Media and Telecommunications154,625194,38396,361107,832+58,264
Financial and Insurance Services334,587350,047324,843283,640+9,744
Rental, Hiring and Real Estate Services291,885221,124395,213280,563-103,328
Professional, Scientific and Technical Services125,706117,304112,168103,913+13,538
Administrative and Support Services180,971153,518158,683137,281+22,288
Public Administration and Safety137,450126,564137,401122,826+49
Education and Training83,19186,033105,21796,026-22,026
Health Care and Social Assistance93,06482,59782,56373,915+10,500
Arts and Recreation Services57,30972,63377,24887,435-19,939
Other Services73,33162,70870,08969,292+3,242

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 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 2019/20
Productivity per worker (annual) by industry 2019/20 Agriculture, Forestry and Fishing, Victoria: $92,600 Mining, Victoria: $486,089 Manufacturing, Victoria: $102,425 Electricity, Gas, Water and Waste Services, Victoria: $276,828 Construction, Victoria: $113,134 Wholesale Trade, Victoria: $156,313 Retail Trade, Victoria: $63,596 Accommodation and Food Services, Victoria: $42,944 Transport, Postal and Warehousing, Victoria: $115,630 Information Media and Telecommunications, Victoria: $194,383 Financial and Insurance Services, Victoria: $350,047 Rental, Hiring and Real Estate Services, Victoria: $221,124 Professional, Scientific and Technical Services, Victoria: $117,304 Administrative and Support Services, Victoria: $153,518 Public Administration and Safety, Victoria: $126,564 Education and Training, Victoria: $86,033 Health Care and Social Assistance, Victoria: $82,597 Arts and Recreation Services, Victoria: $72,633 Other Services, Victoria: $62,708 Agriculture, Forestry and Fishing, City of Stonnington: $69,531 Mining, City of Stonnington: $299,187 Manufacturing, City of Stonnington: $94,210 Electricity, Gas, Water and Waste Services, City of Stonnington: $272,336 Construction, City of Stonnington: $162,326 Wholesale Trade, City of Stonnington: $162,066 Retail Trade, City of Stonnington: $74,846 Accommodation and Food Services, City of Stonnington: $49,645 Transport, Postal and Warehousing, City of Stonnington: $100,783 Information Media and Telecommunications, City of Stonnington: $154,625 Financial and Insurance Services, City of Stonnington: $334,587 Rental, Hiring and Real Estate Services, City of Stonnington: $291,885 Professional, Scientific and Technical Services, City of Stonnington: $125,706 Administrative and Support Services, City of Stonnington: $180,971 Public Administration and Safety, City of Stonnington: $137,450 Education and Training, City of Stonnington: $83,191 Health Care and Social Assistance, City of Stonnington: $93,064 Arts and Recreation Services, City of Stonnington: $57,309 Other Services, City of Stonnington: $73,331
Source: National Institute of Economic and Industry Research (NIEIR) ©2021
Compiled and presented in economy.id by .id the population experts
Change in productivity per worker (annual) by industry, 2004/05 to 2019/20
Change in productivity per worker (annual) by industry, 2004/05 to 2019/20 Agriculture, Forestry and Fishing, City of Stonnington: -$12,685 Mining, City of Stonnington: +$89,894 Manufacturing, City of Stonnington: +$5,711 Electricity, Gas, Water and Waste Services, City of Stonnington: -$365,185 Construction, City of Stonnington: -$19,351 Wholesale Trade, City of Stonnington: +$27,654 Retail Trade, City of Stonnington: +$16,459 Accommodation and Food Services, City of Stonnington: -$9,041 Transport, Postal and Warehousing, City of Stonnington: -$44,626 Information Media and Telecommunications, City of Stonnington: +$58,264 Financial and Insurance Services, City of Stonnington: +$9,744 Rental, Hiring and Real Estate Services, City of Stonnington: -$103,328 Professional, Scientific and Technical Services, City of Stonnington: +$13,538 Administrative and Support Services, City of Stonnington: +$22,288 Public Administration and Safety, City of Stonnington: +$49 Education and Training, City of Stonnington: -$22,026 Health Care and Social Assistance, City of Stonnington: +$10,500 Arts and Recreation Services, City of Stonnington: -$19,939 Other Services, City of Stonnington: +$3,242
Source: National Institute of Economic and Industry Research (NIEIR) ©2021
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the worker productivity by industry sectors in City of Stonnington in 2019/20 shows the three highest industries were:

  • Financial and Insurance Services ($334,587)
  • Mining ($299,187)
  • Rental, Hiring and Real Estate Services ($291,885)

In comparison, the same 3 industries in Victoria were for $350,047 in Financial and Insurance Services; $486,089 in Mining; and $221,124 in Rental, Hiring and Real Estate Services.

The major differences between worker productivity by industries in the City of Stonnington and Victoria were:

  • Higher worker productivity in Rental, Hiring and Real Estate Services ($291,885 compared to $221,124)
  • Higher worker productivity in Construction ($162,326 compared to $113,134)
  • Lower worker productivity in Mining ($299,187 compared to $486,089)
  • Lower worker productivity in Information Media and Telecommunications ($154,625 compared to $194,383)

Emerging groups

The total worker productivity by industry in the City of Stonnington increased by $6,499 between 2004/05 and 2019/20.

The largest changes in worker productivity by industries between 2004/05 and 2019/20 in the City of Stonnington were for:

  • Electricity, Gas, Water and Waste Services (-$365,185)
  • Rental, Hiring and Real Estate Services (-$103,328)
  • Mining (+$89,894)
  • Information Media and Telecommunications (+$58,264)

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