City of Port Phillip

Worker productivity

In City of Port Phillip, Financial and Insurance Services had the highest productivity by industry, generating $315,271 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 Port Phillip - Constant prices2023/242018/19Change
Industry$Victoria$$Victoria$ 2018/19 - 2023/24
Agriculture, Forestry and Fishing109,357202,91371,171130,232+38,186
Mining77,623595,05484,894754,931-7,271
Manufacturing138,452134,536139,170133,806-718
Electricity, Gas, Water and Waste Services220,989230,401267,082298,591-46,093
Construction81,075118,268110,099136,210-29,024
Wholesale Trade288,469255,617260,262237,911+28,207
Retail Trade88,99580,74988,71878,078+277
Accommodation and Food Services60,42552,78064,26552,074-3,840
Transport, Postal and Warehousing166,581145,930171,269147,307-4,687
Information Media and Telecommunications191,808219,239150,427159,732+41,382
Financial and Insurance Services315,271321,512349,061364,094-33,790
Rental, Hiring and Real Estate Services291,145263,853287,082256,264+4,063
Professional, Scientific and Technical Services150,543142,789140,763132,473+9,779
Administrative and Support Services286,920201,544240,124172,849+46,797
Public Administration and Safety152,144137,894141,275132,405+10,868
Education and Training95,08494,17793,56296,741+1,522
Health Care and Social Assistance96,85092,130101,65692,656-4,806
Arts and Recreation Services81,05175,57392,80177,839-11,751
Other Services68,02769,68472,47273,049-4,444
Total worker productivity143,690132,725146,602132,755-2,913

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

  • Financial and Insurance Services ($315,271)
  • Rental, Hiring and Real Estate Services ($291,145)
  • Wholesale Trade ($288,469)

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

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

  • A lower worker productivity in Construction ($81,075 compared to $118,268)
  • A higher worker productivity in Administrative and Support Services ($286,920 compared to $201,544)
  • A lower worker productivity in Agriculture, Forestry and Fishing ($109,357 compared to $202,913)
  • A lower worker productivity in Mining ($77,623 compared to $595,054)

Emerging groups

The total worker productivity by industry in City of Port Phillip decreased by -2,913 between 2018/19 and 2023/24.

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

  • Administrative and Support Services (+$46,797)
  • Electricity, Gas, Water and Waste Services (-$46,093)
  • Information Media and Telecommunications (+$41,382)
  • Agriculture, Forestry and Fishing (+$38,186)

City of Port Phillip

economic profile