European Union Labour Productivity Growth
2006 - 2024 | Quarterly | % | CEIC Data
Key information about EU Labour Productivity Growth
- European Union Labour Productivity improved by 0.08 % YoY in Jun 2024, compared with a drop of 0.92 % in the previous quarter
- EU Labour Productivity Growth data is updated quarterly, available from Mar 2006 to Jun 2024, averaging at 0.75 %
- The data reached an all-time high of 13.17 % in Jun 2021 and a record low of -10.87 % in Jun 2020
CEIC calculates quarterly Labour Productivity Growth from quarterly Real GDP and quarterly Employment. Eurostat provides Real GDP in local currency, at 2015 prices and Employment. European Union stands for EU27 excluding UK
View European Union's Labour Productivity Growth from Mar 2006 to Jun 2024 in the chart:
What was European Union's Labour Productivity Growth in Jun 2024?
European Union Labour Productivity improved by 0.08 % YoY in Jun 2024, compared with a drop of 0.92 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -0.08 Jun 2024 | -0.92 Mar 2024 | -10.87 Jun 2020 | 13.17 Jun 2021 | % | quarterly | Mar 2006 - 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 (%) | -0.06 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 (%) | 1.52 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 (%) | -1.26 Jun 2024 | quarterly | Mar 1977 - Jun 2024 |
| Chile (%) | -1.69 Jun 2024 | quarterly | Mar 1987 - Jun 2024 |
| China (%) | 4.27 2023 | yearly | 1953 - 2023 |
| Colombia (%) | -0.32 Mar 2024 | quarterly | Mar 2002 - Mar 2024 |
| Croatia (%) | -1.92 Jun 2024 | quarterly | Mar 2008 - Jun 2024 |
| Cyprus (%) | 2.58 Jun 2024 | quarterly | Jun 2005 - Jun 2024 |
| Czech Republic (%) | -1.09 Jun 2024 | quarterly | Mar 1997 - Jun 2024 |
| Denmark (%) | 3.38 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Ecuador (%) | 0.24 2022 | yearly | 1992 - 2022 |
| Egypt (%) | 0.46 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| Estonia (%) | -4.05 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| European Union (%) | -0.08 Jun 2024 | quarterly | Mar 2006 - Jun 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 (%) | -0.01 Jun 2024 | quarterly | Mar 1992 - Jun 2024 |
| Ghana (%) | 0.65 2023 | yearly | 1992 - 2023 |
| Greece (%) | 1.73 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Hong Kong SAR, China (%) | 3.01 Jun 2024 | quarterly | Dec 1982 - Jun 2024 |
| Hungary (%) | 1.27 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Iceland (%) | -4.90 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| India (%) | 2.38 2022 | yearly | 1992 - 2022 |
| Indonesia (%) | 1.63 2023 | yearly | 2001 - 2023 |
| Iran (%) | 3.00 2023 | yearly | 1992 - 2023 |
| Ireland (%) | -6.54 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Israel (%) | -2.99 Jun 2024 | quarterly | Mar 2013 - Jun 2024 |
| Italy (%) | -0.20 Jun 2024 | quarterly | Mar 1997 - Jun 2024 |
| Ivory Coast (%) | 3.12 2023 | yearly | 1992 - 2023 |
| Japan (%) | -1.32 Jun 2024 | quarterly | Mar 1995 - Jun 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 (%) | -0.17 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Luxembourg (%) | -0.56 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Macau SAR, China (%) | 2.61 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| North Macedonia (%) | 1.97 Jun 2024 | quarterly | Mar 2005 - Jun 2024 |
| Malawi (%) | -2.12 2023 | yearly | 1992 - 2023 |
| Malaysia (%) | 3.06 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Malta (%) | -1.72 Jun 2024 | quarterly | Dec 2001 - Jun 2024 |
| Mauritius (%) | 33.41 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
| Mexico (%) | 0.70 Jun 2024 | quarterly | Jun 1996 - Jun 2024 |
| Moldova (%) | 6.48 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Mongolia (%) | -1.37 Jun 2024 | quarterly | Sep 2007 - Jun 2024 |
| Montenegro (%) | 1.43 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
| Morocco (%) | 71.03 2022 | yearly | 2000 - 2022 |
| Mozambique (%) | 1.44 2023 | yearly | 1992 - 2023 |
| Myanmar (%) | 63.00 2021 | yearly | 1992 - 2021 |
| Nepal (%) | -0.24 2023 | yearly | 1992 - 2023 |
| Netherlands (%) | -0.36 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| New Zealand (%) | -0.18 Jun 2024 | quarterly | Jun 1988 - Jun 2024 |
| Nigeria (%) | 1.14 Sep 2018 | quarterly | Mar 2013 - Sep 2018 |
| Norway (%) | 3.63 Jun 2024 | quarterly | Mar 1996 - Jun 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 (%) | -1.00 2022 | yearly | 2002 - 2022 |
| Philippines (%) | 1.98 2023 | yearly | 1992 - 2023 |
| Poland (%) | 4.90 Jun 2024 | quarterly | Dec 1999 - Jun 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 (%) | 3.25 Mar 2024 | quarterly | Mar 2015 - Mar 2024 |
| Singapore (%) | 1.50 Jun 2024 | quarterly | Mar 1986 - Jun 2024 |
| Slovakia (%) | 1.62 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Slovenia (%) | 0.41 Jun 2024 | quarterly | Mar 1996 - Jun 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 (%) | 1.51 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Switzerland (%) | 1.46 Jun 2024 | quarterly | Mar 2011 - Jun 2024 |
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Learn more about what we doEuropean Union Key Series
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 3.7 2017 | yearly | 2008 - 2017 |
| Household Debt: % of GDP (%) | 44.7 Jun 2024 | quarterly | Sep 1997 - Jun 2024 |
| Money Supply M1 (USD mn) | 11,588,686.867 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Money Supply M2 (USD mn) | 17,168,912.561 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| M2 Growth (%) | 2.2 Sep 2024 | monthly | Jan 1981 - Sep 2024 |
| Reserve Requirement Ratio (%) | 1.0 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Foreign Exchange Reserves (USD mn) | 301,563.6 Sep 2024 | monthly | Dec 1999 - Sep 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 1.897 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.3 Aug 2024 | monthly | Jan 2002 - Aug 2024 |
| Total Deposits (USD mn) | 17,215,828.306 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Total Deposits Growth (%) | 3.3 Sep 2024 | monthly | Sep 1998 - Sep 2024 |
| Domestic Credit (USD mn) | 25,617,671.6 Jul 2024 | monthly | Jan 1999 - Jul 2024 |
| Domestic Credit Growth (%) | -1.4 Jul 2024 | monthly | Sep 1998 - Jul 2024 |
| Household Debt (USD mn) | 7,427,828.1 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Total Loans (USD mn) | 20,675,699.935 Sep 2024 | monthly | Jan 1999 - Sep 2024 |
| Total Loans Growth (%) | 2.44 Sep 2024 | monthly | Sep 1998 - Sep 2024 |
| Private Debt: % of Nominal GDP (%) | 79.27 Jun 2024 | quarterly | Sep 1997 - Jun 2024 |
| Money Supply M3: Outstanding (EUR bn) | 16,528.810 Sep 2024 | monthly | Jan 1970 - Sep 2024 |
| Money Supply M2: Outstanding (EUR bn) | 15,402.898 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
| Money Supply M1: Outstanding (EUR bn) | 10,402.350 Sep 2024 | monthly | Jan 1970 - Sep 2024 |
| Money Supply M3: swda: Outstanding (EUR bn) | 16,548.705 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
| Money Supply M2: swda: Outstanding (EUR bn) | 15,405.036 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
| Money Supply M1: swda: Outstanding (EUR bn) | 10,398.104 Sep 2024 | monthly | Jan 1980 - Sep 2024 |
| Eurosystem: Official Reserve Assets (ORA) (EUR bn) | 1,282.794 Jul 2024 | monthly | Nov 1999 - Jul 2024 |
| Eurosystem: ORA: Foreign Currency Reserves (FCR) (EUR bn) | 270.607 Sep 2024 | monthly | Nov 1999 - Sep 2024 |
| MFIs Loans: Outstanding: Households: HP: Over 5 Years (EUR bn) | 4,296.809 Jan 2019 | monthly | Sep 1997 - Jan 2019 |
| MFIs Loans: Outstanding: Households: Consumer Credit (CS) (EUR bn) | 686.042 Jan 2019 | monthly | Sep 1997 - Jan 2019 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -4.2 Oct 2024 | monthly | Jan 1986 - Oct 2024 |
| BE: Industrial Confidence Indicator (ICI): sa: NACE 2 (% Point) | -20.400 Oct 2024 | monthly | Jan 1985 - Oct 2024 |
| Construction Confidence Indicator (CCI): sa: EU 27 excl UK (EU 27E) (% Point) | -15.900 Apr 2020 | monthly | Jan 1985 - Apr 2020 |
| Economic Sentiment Index: sa: EU 27 excl UK (NA) | 65.800 Apr 2020 | monthly | Jan 1985 - Apr 2020 |
| Industrial Confidence Indicator (ICI): sa: EA 19 (% Point) | 5.80 Jul 2018 | monthly | Jan 1985 - Jul 2018 |
| Industrial Confidence Indicator (ICI): sa: EU 27 excl UK (EU 27E) (% Point) | -30.600 Apr 2020 | monthly | Jan 1985 - Apr 2020 |
| Service Confidence Indicator (SCI): sa: Euro Area 19 (% Point) | 15.30 Jul 2018 | monthly | Jan 1996 - Jul 2018 |
| Service Confidence Indicator (SCI): sa: EU 27 excl UK (EU 27E) (% Point) | -35.400 Apr 2020 | monthly | Oct 1996 - Apr 2020 |
| Eurocoin Leading Indicator (Number) | 0.140 Sep 2024 | monthly | Dec 2019 - Sep 2024 |
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Demographic and Labour Market
Employment: ESA 2010: Seasonally and Working Day Adjusted
European Central Bank: Labour Productivity Index: ESA 2010: 2015=100
Eurostat: Employment
Eurostat: Population
Eurostat: Unemployment
Eurostat: Unemployment Rate: Trend
Eurostat: Unemployment: Trend
Labour Cost Index
Labour Cost Index: 2008=100: Seasonally and Working Day Adjusted
Labour Force, Employment and Unemployment: Forecast
Unemployment Rate: Seasonally Adjusted
Annual Hours Worked: Forecast
Employment: Labour Force Survey
Eurostat: Average Weekly Hours Worked
Eurostat: Labour Cost Index: 2012=100: Seasonally and Working Days Adjusted
Eurostat: Population: by Sex
Eurostat: Unemployment Rate: Seasonally Adjusted
Eurostat: Unemployment: Seasonally Adjusted
Health Statistics
Labour Cost Index: 2008=100
Labour Cost Index: Seasonally and Working Day Adjusted
Population: Forecast
Unemployment: Seasonally Adjusted