City of Knox

Worker productivity

In the City of Knox, Financial and Insurance Services had the highest productivity by industry, generating $329,256 per worker in 2023/24.

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 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
City of Knox - Constant prices2023/242018/19Change
Industry$Victoria$$Victoria$ 2018/19 - 2023/24
Agriculture, Forestry and Fishing68,436202,91338,075130,232+30,361
Mining82,140595,05488,656754,931-6,516
Manufacturing125,503134,536131,071133,806-5,568
Electricity, Gas, Water and Waste Services202,076230,401247,072298,591-44,996
Construction56,655118,26867,093136,210-10,438
Wholesale Trade269,348255,617250,200237,911+19,149
Retail Trade78,52680,74975,08278,078+3,443
Accommodation and Food Services43,04452,78044,48552,074-1,441
Transport, Postal and Warehousing134,657145,930129,058147,307+5,599
Information Media and Telecommunications207,665219,239141,187159,732+66,479
Financial and Insurance Services329,256321,512377,972364,094-48,715
Rental, Hiring and Real Estate Services245,987263,853226,969256,264+19,018
Professional, Scientific and Technical Services133,820142,789122,307132,473+11,513
Administrative and Support Services156,615201,544130,003172,849+26,613
Public Administration and Safety126,122137,894122,415132,405+3,707
Education and Training74,66294,17776,21096,741-1,548
Health Care and Social Assistance92,26292,13091,23092,656+1,032
Arts and Recreation Services82,97675,57366,66777,839+16,309
Other Services79,14969,68484,76173,049-5,612
Total worker productivity114,933132,725119,304132,755-4,371

Source: National Institute of Economic and Industry Research (NIEIR) ©2025. Compiled and presented in economy.id by .id (informed decisions). Note: All $ values are expressed in 2022/23 base year dollar terms. 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 the City of Knox in 2023/24 shows the three highest industries were:

  • Financial and Insurance Services ($329,256)
  • Wholesale Trade ($269,348)
  • Rental, Hiring and Real Estate Services ($245,987)

In comparison, the same 3 industries in Victoria were for $321,512 in Financial and Insurance Services; $255,617 in Wholesale Trade and $263,853 in Rental, Hiring and Real Estate Services.

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

  • A lower worker productivity in Administrative and Support Services ($156,615 compared to $201,544)
  • A lower worker productivity in Construction ($56,655 compared to $118,268)
  • A lower worker productivity in Agriculture, Forestry and Fishing ($68,436 compared to $202,913)
  • A lower worker productivity in Mining ($82,140 compared to $595,054)

Emerging groups

The total worker productivity by industry in the City of Knox decreased by -4,371 between 2018/19 and 2023/24.

The largest changes in worker productivity by industries between 2018/19 and 2023/24 in the City of Knox were for those employed in:

  • Information Media and Telecommunications (+$66,479)
  • Financial and Insurance Services (-$48,715)
  • Electricity, Gas, Water and Waste Services (-$44,996)
  • Agriculture, Forestry and Fishing (+$30,361)

City of Knox

economic profile