Meander Valley Council

Worker productivity

In Meander Valley Council, Financial and Insurance Services had the highest productivity by industry, generating $540,016 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

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Comparison year:
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Productivity per worker (annual) by industry
Meander Valley Council - Constant prices2023/242018/19Change
Industry$Tasmania$$Tasmania$ 2018/19 - 2023/24
Agriculture, Forestry and Fishing227,081255,840182,388199,190+44,693
Mining300,006251,961131,065215,695+168,941
Manufacturing167,49893,394194,161123,579-26,663
Electricity, Gas, Water and Waste Services79,488172,130153,284230,293-73,796
Construction120,663116,634137,881121,986-17,218
Wholesale Trade156,706147,890156,491153,748+215
Retail Trade73,83567,21372,77467,649+1,061
Accommodation and Food Services51,89047,04450,73347,736+1,157
Transport, Postal and Warehousing127,940153,565116,943146,262+10,997
Information Media and Telecommunications291,680306,727208,523229,407+83,157
Financial and Insurance Services540,016391,916430,045383,759+109,971
Rental, Hiring and Real Estate Services173,852179,586181,888170,542-8,035
Professional, Scientific and Technical Services82,28782,98786,26081,973-3,972
Administrative and Support Services63,50888,07680,59291,326-17,084
Public Administration and Safety115,098125,749107,729119,121+7,369
Education and Training75,34385,16174,45488,445+889
Health Care and Social Assistance118,534116,229120,235116,652-1,701
Arts and Recreation Services142,03971,61580,79548,017+61,245
Other Services91,80870,50777,11360,270+14,695
Total worker productivity134,386119,342123,329117,182+11,057

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
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Dominant groups

An analysis of the jobs held by the full-time equivalent local workers in Meander Valley Council in 2023/24 shows the three highest industries were:

  • Financial and Insurance Services ($540,016)
  • Mining ($300,006)
  • Information Media and Telecommunications ($291,680)

In comparison, the same 3 industries in Tasmania were for $391,916 in Financial and Insurance Services; $251,961 in Mining and $306,727 in Information Media and Telecommunications.

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

  • A higher worker productivity in Arts and Recreation Services ($142,039 compared to $71,615)
  • A higher worker productivity in Manufacturing ($167,498 compared to $93,394)
  • A lower worker productivity in Electricity, Gas, Water and Waste Services ($79,488 compared to $172,130)
  • A higher worker productivity in Financial and Insurance Services ($540,016 compared to $391,916)

Emerging groups

The total worker productivity by industry in Meander Valley Council increased by $11,057 between 2018/19 and 2023/24.

The largest changes in worker productivity by industries between 2018/19 and 2023/24 in Meander Valley Council were for those employed in:

  • Mining (+$168,941)
  • Financial and Insurance Services (+$109,971)
  • Information Media and Telecommunications (+$83,157)
  • Electricity, Gas, Water and Waste Services (-$73,796)

Meander Valley Council

economic profile