Town of Victoria Park

Worker productivity

In the Town of Victoria Park, Financial and Insurance Services had the highest productivity by industry, generating $465,805 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
Town of Victoria Park - Constant prices2023/242018/19Change
Industry$Western Australia$$Western Australia$ 2018/19 - 2023/24
Agriculture, Forestry and Fishing156,914300,54157,769182,630+99,145
Mining233,3731,315,737324,2701,742,411-90,897
Manufacturing305,472217,893257,312194,888+48,160
Electricity, Gas, Water and Waste Services305,488223,971307,592235,585-2,105
Construction272,193165,913285,262163,635-13,069
Wholesale Trade257,169254,577211,870210,319+45,300
Retail Trade110,31289,51279,40481,962+30,908
Accommodation and Food Services63,66363,68460,20161,183+3,462
Transport, Postal and Warehousing207,627174,715192,661168,522+14,965
Information Media and Telecommunications222,329197,071171,015155,722+51,314
Financial and Insurance Services465,805397,604407,624395,628+58,182
Rental, Hiring and Real Estate Services309,129316,338260,484255,245+48,645
Professional, Scientific and Technical Services158,023158,389164,350164,139-6,328
Administrative and Support Services248,340197,570198,424163,216+49,916
Public Administration and Safety127,143136,715112,541118,097+14,603
Education and Training128,50486,931135,30286,639-6,798
Health Care and Social Assistance112,65896,945121,562102,077-8,904
Arts and Recreation Services94,34061,33895,49256,184-1,152
Other Services106,044101,64493,39292,059+12,652
Total worker productivity160,307259,147160,817267,930-510

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 Town of Victoria Park in 2023/24 shows the three highest industries were:

  • Financial and Insurance Services ($465,805)
  • Rental, Hiring and Real Estate Services ($309,129)
  • Electricity, Gas, Water and Waste Services ($305,488)

In comparison, the same 3 industries in Western Australia were for $397,604 in Financial and Insurance Services; $316,338 in Rental, Hiring and Real Estate Services and $223,971 in Electricity, Gas, Water and Waste Services.

The major differences between the jobs held by the full-time equivalent local workers of the Town of Victoria Park and Western Australia were:

  • A higher worker productivity in Manufacturing ($305,472 compared to $217,893)
  • A higher worker productivity in Construction ($272,193 compared to $165,913)
  • A lower worker productivity in Agriculture, Forestry and Fishing ($156,914 compared to $300,541)
  • A lower worker productivity in Mining ($233,373 compared to $1,315,737)

Emerging groups

The total worker productivity by industry in the Town of Victoria Park decreased by -510 between 2018/19 and 2023/24.

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

  • Agriculture, Forestry and Fishing (+$99,145)
  • Mining (-$90,897)
  • Financial and Insurance Services (+$58,182)
  • Information Media and Telecommunications (+$51,314)

Town of Victoria Park

economic profile