City of Melbourne

Worker productivity

In the City of Melbourne, Financial and Insurance Services had the highest productivity by industry, generating $339,674 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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Productivity per worker (annual) by industry
City of Melbourne - Constant prices2023/242018/19Change
Industry$Victoria$$Victoria$ 2018/19 - 2023/24
Agriculture, Forestry and Fishing161,377202,913110,456130,232+50,921
Mining180,645595,054119,217754,931+61,429
Manufacturing164,021134,536164,003133,806+18
Electricity, Gas, Water and Waste Services243,385230,401324,640298,591-81,255
Construction194,209118,268211,454136,210-17,245
Wholesale Trade297,551255,617263,239237,911+34,312
Retail Trade84,27180,74987,26978,078-2,998
Accommodation and Food Services64,49552,78065,58752,074-1,091
Transport, Postal and Warehousing173,751145,930171,162147,307+2,589
Information Media and Telecommunications249,960219,239182,867159,732+67,093
Financial and Insurance Services339,674321,512387,878364,094-48,205
Rental, Hiring and Real Estate Services291,484263,853290,200256,264+1,284
Professional, Scientific and Technical Services148,198142,789139,038132,473+9,161
Administrative and Support Services298,873201,544240,138172,849+58,735
Public Administration and Safety149,179137,894142,343132,405+6,836
Education and Training145,69494,177144,63096,741+1,064
Health Care and Social Assistance98,37492,13099,58192,656-1,207
Arts and Recreation Services105,91175,573108,08677,839-2,176
Other Services52,56769,68460,18473,049-7,617
Total worker productivity183,882132,725183,152132,755+730

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 the City of Melbourne in 2023/24 shows the three highest industries were:

  • Financial and Insurance Services ($339,674)
  • Administrative and Support Services ($298,873)
  • Wholesale Trade ($297,551)

In comparison, the same 3 industries in Victoria were for $321,512 in Financial and Insurance Services; $201,544 in Administrative and Support Services and $255,617 in Wholesale Trade.

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

  • A higher worker productivity in Education and Training ($145,694 compared to $94,177)
  • A higher worker productivity in Construction ($194,209 compared to $118,268)
  • A higher worker productivity in Administrative and Support Services ($298,873 compared to $201,544)
  • A lower worker productivity in Mining ($180,645 compared to $595,054)

Emerging groups

The total worker productivity by industry in the City of Melbourne increased by $730 between 2018/19 and 2023/24.

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

  • Electricity, Gas, Water and Waste Services (-$81,255)
  • Information Media and Telecommunications (+$67,093)
  • Mining (+$61,429)
  • Administrative and Support Services (+$58,735)

City of Melbourne

economic profile