Northern Tasmania

Worker productivity

In Northern Tasmania, Financial and Insurance Services had the highest productivity by industry, generating $332,218 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

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Productivity per worker (annual) by industry
Northern Tasmania - Constant prices2022/232017/18Change
Industry$Tasmania$$Tasmania$ 2017/18 - 2022/23
Agriculture, Forestry and Fishing266,924230,003262,917232,794+4,008
Mining98,035232,023104,227196,291-6,192
Manufacturing92,02193,576121,227115,919-29,206
Electricity, Gas, Water and Waste Services129,859167,521153,115204,864-23,255
Construction104,573108,73294,71195,288+9,862
Wholesale Trade139,023129,101153,754147,712-14,731
Retail Trade60,27559,48960,37159,447-96
Accommodation and Food Services43,08846,36238,85243,086+4,237
Transport, Postal and Warehousing140,603136,413122,606126,221+17,997
Information Media and Telecommunications241,408310,373202,648220,667+38,760
Financial and Insurance Services332,218302,470327,778308,700+4,440
Rental, Hiring and Real Estate Services187,842189,733138,564152,072+49,279
Professional, Scientific and Technical Services72,12878,83375,71779,569-3,588
Administrative and Support Services92,749100,68176,36883,391+16,381
Public Administration and Safety104,496115,125103,599113,273+898
Education and Training81,16478,29586,93587,576-5,771
Health Care and Social Assistance103,995107,429104,554107,399-560
Arts and Recreation Services70,58073,52251,70851,554+18,872
Other Services64,55762,90153,28652,271+11,270
Total worker productivity110,759111,667108,766109,609+1,993

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
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Dominant groups

An analysis of the jobs held by the full-time equivalent local workers in Northern Tasmania in 2022/23 shows the three highest industries were:

  • Financial and Insurance Services ($332,218)
  • Agriculture, Forestry and Fishing ($266,924)
  • Information Media and Telecommunications ($241,408)

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 $310,373 in Information Media and Telecommunications.

The major differences between the jobs held by the full-time equivalent local workers of Northern Tasmania and Tasmania were:

  • A higher worker productivity in Agriculture, Forestry and Fishing ($266,924 compared to $230,003)
  • A lower worker productivity in Electricity, Gas, Water and Waste Services ($129,859 compared to $167,521)
  • A lower worker productivity in Information Media and Telecommunications ($241,408 compared to $310,373)
  • A lower worker productivity in Mining ($98,035 compared to $232,023)

Emerging groups

The total worker productivity by industry in Northern Tasmania increased by $1,993 between 2017/18 and 2022/23.

The largest changes in worker productivity by industries between 2017/18 and 2022/23 in Northern Tasmania were for those employed in:

  • Rental, Hiring and Real Estate Services (+$49,279)
  • Information Media and Telecommunications (+$38,760)
  • Manufacturing (-$29,206)
  • Electricity, Gas, Water and Waste Services (-$23,255)

State Growth Tasmania

economic profile