Australia Labour Productivity Growth
Key information about Australia Labour Productivity Growth
- Australia Labour Productivity dropped by 1.38 % YoY in Jun 2024, compared with a drop of 1.28 % in the previous quarter
- Australia Labour Productivity Growth data is updated quarterly, available from Jun 1979 to Jun 2024, averaging at 0.90 %
- The data reached an all-time high of 6.25 % in Mar 1984 and a record low of -4.02 % in Jun 1986
CEIC calculates quarterly Labour Productivity Growth from quarterly Real GDP and monthly Employment. The Australian Bureau of Statistics provides Real GDP in local currency, at 2021-2022 prices and Employment. Employment excludes Foreign Nationals working within the country
View Australia's Labour Productivity Growth from Jun 1979 to Jun 2024 in the chart:
What was Australia's Labour Productivity Growth in Jun 2024?
Australia Labour Productivity dropped by 1.38 % YoY in Jun 2024, compared with a drop of 1.28 % in the previous quarter See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
-1.38 Jun 2024 | -1.28 Mar 2024 | -4.02 Jun 1986 | 6.25 Mar 1984 | % | quarterly | Jun 1979 - Jun 2024 |
Labour Productivity Growth by Country Comparison
country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 1.59 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
Algeria (%) | 0.71 2023 | yearly | 1992 - 2023 |
Argentina (%) | -4.29 2023 | yearly | 1992 - 2023 |
Armenia (%) | 8.23 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
Australia (%) | -1.38 Jun 2024 | quarterly | Jun 1979 - Jun 2024 |
Austria (%) | -0.77 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Azerbaijan (%) | 3.27 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
Bahrain (%) | -4.05 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
Bangladesh (%) | 4.20 2023 | yearly | 1992 - 2023 |
Belarus (%) | 5.31 Jun 2024 | quarterly | Mar 2006 - Jun 2024 |
Belgium (%) | -0.31 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
Bolivia (%) | 0.41 2023 | yearly | 2000 - 2023 |
Bosnia and Herzegovina (%) | -0.81 2023 | yearly | 2007 - 2023 |
Botswana (%) | 7.29 Dec 2022 | quarterly | Sep 2008 - Dec 2022 |
Brazil (%) | 1.85 2023 | yearly | 1992 - 2023 |
Brunei (%) | -1.49 2023 | yearly | 1992 - 2023 |
Bulgaria (%) | 0.56 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
Cambodia (%) | 1.04 2021 | yearly | 2008 - 2021 |
Canada (%) | -0.17 Sep 2024 | quarterly | Mar 1977 - Sep 2024 |
Chile (%) | -0.25 Sep 2024 | quarterly | Mar 1987 - Sep 2024 |
China (%) | 4.27 2023 | yearly | 1953 - 2023 |
Colombia (%) | 1.45 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
Croatia (%) | -1.53 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
Cyprus (%) | 1.85 Sep 2024 | quarterly | Jun 2005 - Sep 2024 |
Czech Republic (%) | -1.09 Jun 2024 | quarterly | Mar 1997 - Jun 2024 |
Denmark (%) | 2.92 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
Ecuador (%) | 0.24 2022 | yearly | 1992 - 2022 |
Egypt (%) | 0.46 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
Estonia (%) | -1.39 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
European Union (%) | 0.29 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
Finland (%) | 0.50 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
France (%) | -0.13 2023 | yearly | 1979 - 2023 |
Georgia (%) | 3.38 2023 | yearly | 1997 - 2023 |
Germany (%) | 0.00 Sep 2024 | quarterly | Mar 1992 - Sep 2024 |
Ghana (%) | 0.65 2023 | yearly | 1992 - 2023 |
Greece (%) | 1.73 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Hong Kong SAR, China (%) | 2.22 Sep 2024 | quarterly | Dec 1982 - Sep 2024 |
Hungary (%) | -0.75 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Iceland (%) | -6.43 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
India (%) | 2.38 2022 | yearly | 1992 - 2022 |
Indonesia (%) | 1.63 2023 | yearly | 2001 - 2023 |
Iran (%) | 3.00 2023 | yearly | 1992 - 2023 |
Ireland (%) | -4.71 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
Israel (%) | -2.24 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
Italy (%) | -1.08 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
Ivory Coast (%) | 3.12 2023 | yearly | 1992 - 2023 |
Japan (%) | -0.12 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
Jordan (%) | 1.17 2021 | yearly | 2001 - 2021 |
Kazakhstan (%) | 3.91 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
Kenya (%) | 2.70 2022 | yearly | 2011 - 2022 |
South Korea (%) | 0.98 Sep 2024 | quarterly | Sep 1983 - Sep 2024 |
Kosovo (%) | -6.22 Dec 2023 | quarterly | Mar 2017 - Dec 2023 |
Kuwait (%) | 1.60 2018 | yearly | 1992 - 2018 |
Kyrgyzstan (%) | 3.15 2023 | yearly | 1993 - 2023 |
Laos (%) | 1.51 2023 | yearly | 1992 - 2023 |
Latvia (%) | 0.11 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
Lebanon (%) | 2.12 2023 | yearly | 1992 - 2023 |
Lithuania (%) | 1.63 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Luxembourg (%) | -0.55 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Macau SAR, China (%) | 1.89 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
North Macedonia (%) | 1.97 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
Malawi (%) | -2.12 2023 | yearly | 1992 - 2023 |
Malaysia (%) | 2.41 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
Malta (%) | -0.04 Sep 2024 | quarterly | Dec 2001 - Sep 2024 |
Mauritius (%) | 33.41 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
Mexico (%) | 1.03 Sep 2024 | quarterly | Jun 1996 - Sep 2024 |
Moldova (%) | 6.48 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
Mongolia (%) | 1.34 Sep 2024 | quarterly | Sep 2007 - Sep 2024 |
Montenegro (%) | 1.43 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
Morocco (%) | 4.95 2023 | yearly | 2000 - 2023 |
Mozambique (%) | 1.44 2023 | yearly | 1992 - 2023 |
Myanmar (%) | 63.00 2021 | yearly | 1992 - 2021 |
Nepal (%) | -0.24 2023 | yearly | 1992 - 2023 |
Netherlands (%) | 0.82 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
New Zealand (%) | -0.18 Jun 2024 | quarterly | Jun 1988 - Jun 2024 |
Nigeria (%) | 1.14 Sep 2018 | quarterly | Mar 2013 - Sep 2018 |
Norway (%) | 2.96 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
Oman (%) | -4.24 2023 | yearly | 1999 - 2023 |
Pakistan (%) | -1.23 2019 | yearly | 2001 - 2019 |
Palestinian Territory (%) | 1.78 Sep 2023 | quarterly | Dec 2009 - Sep 2023 |
Panama (%) | 4.33 2023 | yearly | 1992 - 2023 |
Paraguay (%) | 6.19 Jun 2024 | quarterly | Mar 2018 - Jun 2024 |
Peru (%) | -0.87 2022 | yearly | 2002 - 2022 |
Philippines (%) | 1.98 2023 | yearly | 1992 - 2023 |
Poland (%) | 1.57 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
Portugal (%) | 0.41 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Qatar (%) | -1.09 2023 | yearly | 2012 - 2023 |
Romania (%) | -2.74 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Russia (%) | 3.11 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Saudi Arabia (%) | -3.93 2022 | yearly | 1971 - 2022 |
Serbia (%) | 1.87 Sep 2024 | quarterly | Mar 2015 - Sep 2024 |
Singapore (%) | 4.10 Sep 2024 | quarterly | Mar 1986 - Sep 2024 |
Slovakia (%) | 1.62 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Slovenia (%) | 1.49 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
South Africa (%) | -1.50 Jun 2024 | quarterly | Mar 2009 - Jun 2024 |
Spain (%) | 1.45 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
Sri Lanka (%) | 5.03 Jun 2024 | quarterly | Jun 2013 - Jun 2024 |
Sudan (%) | 3.26 2010 | yearly | 1996 - 2010 |
Sweden (%) | 1.98 Sep 2024 | quarterly | Mar 1994 - Sep 2024 |
Switzerland (%) | 1.47 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
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Learn more about what we doAustralia Key Series
Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -2.1 Sep 2024 | quarterly | Jun 2003 - Sep 2024 |
Consolidated Fiscal Balance (USD mn) | -20,262.041 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
Tax Revenue (USD mn) | 125,735.607 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
Tax Revenue: % of GDP (%) | 27.7 Sep 2024 | quarterly | Sep 2002 - Sep 2024 |
National Government Debt (USD mn) | 650,929.8 2023 | yearly | 1999 - 2023 |
Government Debt: % of GDP (%) | 38.0 2023 | yearly | 1999 - 2023 |
Forecast: Government Expenditure (AUD bn) | 1,268.078 2029 | yearly | 1988 - 2029 |
Forecast: Government Net Debt (AUD bn) | 1,568.589 2029 | yearly | 1989 - 2029 |
Forecast: Government Revenue (AUD bn) | 1,234.249 2029 | yearly | 1988 - 2029 |
DOT Forecast: Budget Aggregates: Revenue (AUD bn) | 819.600 2028 | yearly | 1997 - 2028 |
DOT Forecast: Budget Aggregates: Expenses (AUD bn) | 829.800 2028 | yearly | 1997 - 2028 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 2.969 2029 | yearly | 1980 - 2029 |
Trade Balance (USD mn) | 3,119.6 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
Total Exports (USD mn) | 27,639.9 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
Total Exports Growth (%) | -10.2 Sep 2024 | monthly | Jul 1972 - Sep 2024 |
Aluminum: Exports (USD th) | 4,120,297.894 2023 | yearly | 1995 - 2023 |
Exports: Medicament (USD th) | 1,275,238.605 2023 | yearly | 1995 - 2023 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 1,826,091.258 2023 | yearly | 1995 - 2023 |
Total Imports (USD mn) | 24,520.3 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
Total Imports Growth (%) | -7.8 Sep 2024 | monthly | Jul 1972 - Sep 2024 |
Imports: Medicament (USD th) | 7,493,317.912 2022 | yearly | 1995 - 2022 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 6,198,455.930 2022 | yearly | 1995 - 2022 |
Total Exports to USA (USD mn) | 1,338.429 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Total Imports from USA (USD mn) | 2,739.142 Sep 2024 | monthly | Apr 1969 - Sep 2024 |
Total Exports to China (USD mn) | 9,515.235 Sep 2024 | monthly | Apr 1969 - Sep 2024 |
Total Imports from China (USD mn) | 6,346.875 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Trade Balance: Goods (AUD mn) | 4,234.000 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
Trade Balance: sa: Goods (AUD mn) | 4,609.000 Sep 2024 | monthly | Jul 1971 - Sep 2024 |
Export: SITC: Value: FOB: Manufactured Goods Classified Chiefly By Material (MG) (AUD mn) | 1,858.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: SITC: Value: FOB: Commodities and Transactions (CT): nec (AUD mn) | 3,399.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: SITC: Value: FOB: Mineral Fuels, Lubricants and Related Materials (MF) (AUD mn) | 12,890.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: SITC: Value: FOB: Food & Live Animals (FL) (AUD mn) | 4,190.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: SITC: Value: FOB: Crude Materials, Inedible, Except Fuels (CM) (AUD mn) | 13,991.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: Value: Coal, whether or not Pulverized, but not Agglomerated (AUD mn) | 6,674.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: Value: FOB: Korea, Republic of (AUD mn) | 2,914.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: Value: FOB: Japan (AUD mn) | 5,301.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: Value: FOB: China (excl SARs and Taiwan) (AUD mn) | 14,055.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: Value: FOB: United States of America (AUD mn) | 1,977.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export: Value: FOB: India (AUD mn) | 2,156.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Terms of Trade Index (2016-2017=100) | 106.800 Dec 2018 | quarterly | Sep 1959 - Dec 2018 |
Import: SITC: Value: Manufactured Goods Classified Chiefly By Material (MG) (AUD mn) | 3,472.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: SITC: Value: Commodities and Transactions (CT): nec (AUD mn) | 1,120.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: SITC: Value: Food & Live Animals (FL) (AUD mn) | 1,923.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: SITC: Value: Mineral Fuels, Lubricants and Related Materials (MF) (AUD mn) | 4,146.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: SITC: Value: Crude Materials, Inedible, Except Fuels (CM) (AUD mn) | 424.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: Value: Germany (AUD mn) | 1,496.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: Value: United States of America (AUD mn) | 4,046.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: Value: Japan (AUD mn) | 1,819.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: Value: Singapore (AUD mn) | 1,011.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Import: Value: China (AUD mn) | 9,375.000 Sep 2024 | monthly | Jan 1988 - Sep 2024 |
Export Value Index (2015=100) | 183.729 2021 | yearly | 1995 - 2021 |
Import Value Index (2015=100) | 125.258 2021 | yearly | 1995 - 2021 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 1.1 Jun 2024 | quarterly | Jun 2004 - Jun 2024 |
Household Debt: % of GDP (%) | 116.6 Mar 2023 | quarterly | Jun 1988 - Mar 2023 |
Non-Performing Loans (USD mn) | 30,395.707 Jun 2024 | quarterly | Sep 1994 - Jun 2024 |
Money Supply M1 (USD mn) | 1,134,779.638 Oct 2024 | monthly | Feb 1975 - Oct 2024 |
Money Supply M2 (USD mn) | 2,036,732.321 Oct 2024 | monthly | Mar 1965 - Oct 2024 |
M2 Growth (%) | 6.4 Oct 2024 | monthly | Mar 1966 - Oct 2024 |
Foreign Exchange Reserves (USD mn) | 38,916.8 Oct 2024 | monthly | Jul 1969 - Oct 2024 |
Foreign Exchange Reserves: % of GDP (%) | 2.137 Sep 2024 | quarterly | Sep 1969 - Sep 2024 |
Foreign Exchange Reserves: Months of Import (NA) | 1.5 May 2023 | monthly | Jul 1971 - May 2023 |
Gold Reserves (USD mn) | 6,999.985 Oct 2024 | monthly | Jan 1958 - Oct 2024 |
Total Deposits (USD mn) | 2,614,643.998 Mar 2023 | quarterly | Sep 2004 - Mar 2023 |
Total Deposits Growth (%) | 3.8 Jun 2024 | quarterly | Sep 2005 - Jun 2024 |
Domestic Credit (USD mn) | 3,928,501.8 Sep 2024 | monthly | Dec 2001 - Sep 2024 |
Domestic Credit Growth (%) | -1.1 Sep 2024 | monthly | Dec 2002 - Sep 2024 |
Debt Service Ratio: Households (%) | 18.800 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Debt Service Ratio: Private Non-Financial Sector (%) | 22.300 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Credit to Households (USD bn) | 1,953.455 Dec 2023 | quarterly | Dec 1977 - Dec 2023 |
Credit to Private Non-Financial Sector (USD bn) | 3,023.117 Dec 2023 | quarterly | Mar 1971 - Dec 2023 |
Household Debt (USD mn) | 2,107,060.2 Jun 2024 | quarterly | Jun 1988 - Jun 2024 |
Total Loans (USD mn) | 2,428,958.111 Oct 2024 | monthly | Sep 1976 - Oct 2024 |
Total Loans Growth (%) | 6.68 Oct 2024 | monthly | Sep 1977 - Oct 2024 |
Private Debt: % of Nominal GDP (%) | 125.30 Sep 2024 | quarterly | Mar 1990 - Sep 2024 |
Official Reserve Assets: Total: in USD (USD mn) | 65,018.000 Oct 2024 | monthly | Jul 1969 - Oct 2024 |
AU: Broad Money (AUD mn) | 3,254,406.401 2023 | yearly | 1960 - 2023 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Economic Policy Uncertainty Index (Index) | 111.981 Oct 2024 | monthly | Jan 1997 - Oct 2024 |
Geopolitical Risk Index (%) | 0.106 Nov 2024 | monthly | Jan 1985 - Nov 2024 |
Exports: % of GDP (%) | 27.346 2022 | yearly | 2001 - 2022 |
Imports: % of GDP (%) | 21.613 2022 | yearly | 2001 - 2022 |
Business Confidence Growth (% Point) | 8.0 Oct 2024 | monthly | Jul 2013 - Oct 2024 |
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