Northern Midlands

Worker productivity

In Northern Midlands, Financial and Insurance Services had the highest productivity by industry, generating $381,933 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
Northern Midlands - Constant prices2023/242018/19Change
Industry$Tasmania$$Tasmania$ 2018/19 - 2023/24
Agriculture, Forestry and Fishing243,706255,840193,502199,190+50,204
Mining168,474251,961123,438215,695+45,036
Manufacturing103,75493,394124,335123,579-20,581
Electricity, Gas, Water and Waste Services108,696172,130123,029230,293-14,333
Construction132,264116,634151,405121,986-19,140
Wholesale Trade161,734147,890162,587153,748-853
Retail Trade68,07667,21372,21467,649-4,139
Accommodation and Food Services49,48747,04450,13747,736-649
Transport, Postal and Warehousing172,881153,565172,728146,262+154
Information Media and Telecommunications0306,727131,341229,407-131,341
Financial and Insurance Services381,933391,916405,608383,759-23,674
Rental, Hiring and Real Estate Services152,142179,586103,659170,542+48,483
Professional, Scientific and Technical Services102,88482,98792,13681,973+10,748
Administrative and Support Services52,15088,07675,48791,326-23,336
Public Administration and Safety105,525125,749100,848119,121+4,678
Education and Training72,34385,16170,11188,445+2,232
Health Care and Social Assistance114,592116,229124,448116,652-9,856
Arts and Recreation Services71,84771,61537,41448,017+34,433
Other Services86,03070,50776,67860,270+9,351
Total worker productivity138,493119,342133,388117,182+5,105

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 Northern Midlands in 2023/24 shows the three highest industries were:

  • Financial and Insurance Services ($381,933)
  • Agriculture, Forestry and Fishing ($243,706)
  • Transport, Postal and Warehousing ($172,881)

In comparison, the same 3 industries in Tasmania were for $391,916 in Financial and Insurance Services; $255,840 in Agriculture, Forestry and Fishing and $153,565 in Transport, Postal and Warehousing.

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

  • A lower worker productivity in Rental, Hiring and Real Estate Services ($152,142 compared to $179,586)
  • A lower worker productivity in Administrative and Support Services ($52,150 compared to $88,076)
  • A lower worker productivity in Electricity, Gas, Water and Waste Services ($108,696 compared to $172,130)
  • A lower worker productivity in Mining ($168,474 compared to $251,961)

Emerging groups

The total worker productivity by industry in Northern Midlands increased by $5,105 between 2018/19 and 2023/24.

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

  • Information Media and Telecommunications (-$131,341)
  • Agriculture, Forestry and Fishing (+$50,204)
  • Rental, Hiring and Real Estate Services (+$48,483)
  • Mining (+$45,036)

Northern Midlands Council

economic profile