Central Coast Council area

Worker productivity

In Central Coast Council area, Financial and Insurance Services had the highest productivity by industry, generating $353,805 per worker in 2022/23.

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

Current area:
Current benchmark:
Comparison year:
Productivity measure:
reset
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
Central Coast Council area - Constant prices2022/232017/18Change
Industry$Tasmania$$Tasmania$ 2017/18 - 2022/23
Agriculture, Forestry and Fishing220,686230,003224,043232,794-3,357
Mining0232,02328,049196,291-28,049
Manufacturing105,77693,576121,804115,919-16,028
Electricity, Gas, Water and Waste Services169,020167,521185,331204,864-16,311
Construction110,138108,732115,38895,288-5,250
Wholesale Trade131,565129,101155,275147,712-23,710
Retail Trade59,29359,48959,03459,447+259
Accommodation and Food Services31,55746,36235,71343,086-4,156
Transport, Postal and Warehousing89,648136,41391,059126,221-1,411
Information Media and Telecommunications0310,373179,294220,667-179,294
Financial and Insurance Services353,805302,470352,552308,700+1,253
Rental, Hiring and Real Estate Services149,810189,733129,859152,072+19,951
Professional, Scientific and Technical Services94,79078,83386,47079,569+8,320
Administrative and Support Services82,612100,68166,98583,391+15,627
Public Administration and Safety95,986115,12596,097113,273-110
Education and Training65,28778,29572,86687,576-7,579
Health Care and Social Assistance107,405107,429105,052107,399+2,353
Arts and Recreation Services52,49473,52229,97451,554+22,520
Other Services53,32362,90145,76152,271+7,562
Total worker productivity99,207111,667101,751109,609-2,544

Source: National Institute of Economic and Industry Research (NIEIR) ©2024. ©2023. Compiled and presented in economy.id by .id (informed decisions). Data are based on a 2020-21 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
Did you know? By clicking/tapping on a category in the chart below you will be able to drilldown to the sub categories.
loading animation
loading animation

Dominant groups

An analysis of the jobs held by the full-time equivalent local workers in Central Coast Council area in 2022/23 shows the three highest industries were:

  • Financial and Insurance Services ($353,805)
  • Agriculture, Forestry and Fishing ($220,686)
  • Electricity, Gas, Water and Waste Services ($169,020)

In comparison, the same 3 industries in Tasmania were for $302,470 in Financial and Insurance Services; $230,003 in Agriculture, Forestry and Fishing and $167,521 in Electricity, Gas, Water and Waste Services.

The major differences between the jobs held by the full-time equivalent local workers of Central Coast Council area and Tasmania were:

  • A lower worker productivity in Arts and Recreation Services ($52,494 compared to $73,522)
  • A lower worker productivity in Rental, Hiring and Real Estate Services ($149,810 compared to $189,733)
  • A lower worker productivity in Transport, Postal and Warehousing ($89,648 compared to $136,413)
  • A higher worker productivity in Financial and Insurance Services ($353,805 compared to $302,470)

Emerging groups

The total worker productivity by industry in Central Coast Council area decreased by -2,544 between 2017/18 and 2022/23.

The largest changes in worker productivity by industries between 2017/18 and 2022/23 in Central Coast Council area were for those employed in:

  • Information Media and Telecommunications (-$179,294)
  • Mining (-$28,049)
  • Wholesale Trade (-$23,710)
  • Arts and Recreation Services (+$22,520)

State Growth Tasmania

economic profile