European Union Labour Productivity Growth
2006 - 2024 | Quarterly | % | CEIC Data
Key information about EU Labour Productivity Growth
- European Union Labour Productivity improved by 0.29 % YoY in Sep 2024, compared with a drop of 0.12 % in the previous quarter
- EU Labour Productivity Growth data is updated quarterly, available from Mar 2006 to Sep 2024, averaging at 0.69 %
- The data reached an all-time high of 13.18 % 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 2020 prices and Employment. European Union stands for EU27 excluding UK
View European Union's Labour Productivity Growth from Mar 2006 to Sep 2024 in the chart:
What was European Union's Labour Productivity Growth in Sep 2024?
European Union Labour Productivity improved by 0.29 % YoY in Sep 2024, compared with a drop of 0.12 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 0.29 Sep 2024 | -0.12 Jun 2024 | -10.87 Jun 2020 | 13.18 Jun 2021 | % | quarterly | Mar 2006 - Sep 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 (%) | -1.74 Sep 2024 | quarterly | Jun 1979 - Sep 2024 |
| Austria (%) | -0.66 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Azerbaijan (%) | 3.84 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Bahrain (%) | -4.05 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
| Bangladesh (%) | 4.02 2023 | yearly | 1992 - 2023 |
| Belarus (%) | 3.86 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Belgium (%) | -0.31 Jun 2024 | quarterly | Mar 2000 - Jun 2024 |
| Bolivia (%) | 0.41 2023 | yearly | 2000 - 2023 |
| Bosnia and Herzegovina (%) | -0.91 2023 | yearly | 2007 - 2023 |
| Botswana (%) | 7.48 Dec 2022 | quarterly | Sep 2008 - Dec 2022 |
| Brazil (%) | 1.85 2023 | yearly | 1992 - 2023 |
| Brunei (%) | -1.76 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 (%) | -0.22 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
| Denmark (%) | 2.40 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| Ecuador (%) | 0.24 2022 | yearly | 1992 - 2022 |
| Egypt (%) | 2.27 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Estonia (%) | -1.39 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| European Union (%) | 0.29 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Finland (%) | 1.92 Sep 2024 | quarterly | Mar 1991 - Sep 2024 |
| France (%) | -0.13 2023 | yearly | 1979 - 2023 |
| Georgia (%) | 3.72 2023 | yearly | 1997 - 2023 |
| Germany (%) | 0.00 Sep 2024 | quarterly | Mar 1992 - Sep 2024 |
| Ghana (%) | 0.63 2023 | yearly | 1992 - 2023 |
| Greece (%) | 1.45 Sep 2024 | quarterly | Mar 1996 - Sep 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 (%) | 2.48 2023 | yearly | 1992 - 2023 |
| Ireland (%) | -0.77 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Israel (%) | -2.29 Sep 2024 | quarterly | Mar 2013 - Sep 2024 |
| Italy (%) | -1.08 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
| Ivory Coast (%) | 2.73 2023 | yearly | 1992 - 2023 |
| Japan (%) | 0.07 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 (%) | 0.50 2023 | yearly | 2011 - 2023 |
| South Korea (%) | 0.94 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 (%) | 1.52 2023 | yearly | 1992 - 2023 |
| Latvia (%) | 0.11 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
| Lebanon (%) | 2.12 2023 | yearly | 1992 - 2023 |
| Lithuania (%) | 1.64 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Luxembourg (%) | 0.08 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Macau SAR, China (%) | 1.89 Sep 2024 | quarterly | Mar 2002 - Sep 2024 |
| North Macedonia (%) | 2.13 Sep 2024 | quarterly | Mar 2005 - Sep 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 (%) | 4.92 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Morocco (%) | 4.95 2023 | yearly | 2000 - 2023 |
| Mozambique (%) | 1.72 2023 | yearly | 1992 - 2023 |
| Myanmar (%) | -43.15 2022 | yearly | 1992 - 2022 |
| Nepal (%) | 1.14 2023 | yearly | 1992 - 2023 |
| Netherlands (%) | 0.80 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| New Zealand (%) | -0.68 Sep 2024 | quarterly | Jun 1988 - Sep 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 (%) | 2.87 Sep 2023 | quarterly | Dec 2009 - Sep 2023 |
| Panama (%) | 4.31 2023 | yearly | 1992 - 2023 |
| Paraguay (%) | 3.22 Sep 2024 | quarterly | Mar 2018 - Sep 2024 |
| Peru (%) | -0.87 2022 | yearly | 2002 - 2022 |
| Philippines (%) | 2.16 2023 | yearly | 1992 - 2023 |
| Poland (%) | 1.57 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| Portugal (%) | 0.12 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Qatar (%) | -0.77 2023 | yearly | 2012 - 2023 |
| Romania (%) | 0.11 Sep 2024 | quarterly | Mar 1996 - Sep 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 (%) | -0.89 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Spain (%) | 1.51 Sep 2024 | quarterly | Mar 1996 - Sep 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 doEuropean Union Key Series
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 3.7 2017 | yearly | 2008 - 2017 |
| Household Debt: % of GDP (%) | 44.4 Sep 2024 | quarterly | Sep 1997 - Sep 2024 |
| Money Supply M1 (USD mn) | 11,124,594.865 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
| Money Supply M2 (USD mn) | 16,390,045.400 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
| M2 Growth (%) | 3.3 Nov 2024 | monthly | Jan 1981 - Nov 2024 |
| Reserve Requirement Ratio (%) | 1.0 Nov 2024 | monthly | Jan 1999 - Nov 2024 |
| Foreign Exchange Reserves (USD mn) | 298,686.4 Dec 2024 | monthly | Dec 1999 - Dec 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 1.814 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.3 Nov 2024 | monthly | Jan 2002 - Nov 2024 |
| Total Deposits (USD mn) | 16,775,729.751 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Total Deposits Growth (%) | 3.6 Oct 2024 | monthly | Sep 1998 - Oct 2024 |
| Domestic Credit (USD mn) | 25,800,728.3 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Domestic Credit Growth (%) | -0.9 Oct 2024 | monthly | Sep 1998 - Oct 2024 |
| Household Debt (USD mn) | 7,238,421.1 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Total Loans (USD mn) | 20,145,595.171 Oct 2024 | monthly | Jan 1999 - Oct 2024 |
| Total Loans Growth (%) | 2.22 Oct 2024 | monthly | Sep 1998 - Oct 2024 |
| Private Debt: % of Nominal GDP (%) | 78.62 Sep 2024 | quarterly | Sep 1997 - Sep 2024 |
| Money Supply M3: Outstanding (EUR bn) | 16,730.129 Nov 2024 | monthly | Jan 1970 - Nov 2024 |
| Money Supply M3: swda: Outstanding (EUR bn) | 16,681.871 Nov 2024 | monthly | Jan 1980 - Nov 2024 |
| Money Supply M1: swda: Outstanding (EUR bn) | 10,547.639 Nov 2024 | monthly | Jan 1980 - Nov 2024 |
| Money Supply M1: Outstanding (EUR bn) | 10,593.452 Nov 2024 | monthly | Jan 1970 - Nov 2024 |
| Money Supply M2: Outstanding (EUR bn) | 15,564.952 Nov 2024 | monthly | Jan 1980 - Nov 2024 |
| Money Supply M2: swda: Outstanding (EUR bn) | 15,540.007 Nov 2024 | monthly | Jan 1980 - Nov 2024 |
| Eurosystem: ORA: Foreign Currency Reserves (FCR) (EUR bn) | 288.583 Dec 2024 | monthly | Nov 1999 - Dec 2024 |
| Eurosystem: Official Reserve Assets (ORA) (EUR bn) | 1,394.032 Dec 2024 | monthly | Nov 1999 - Dec 2024 |
| MFIs Loans: Outstanding: Non Financial Sector (EUR bn) | 5,143.328 Oct 2024 | monthly | Sep 1997 - Oct 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 |
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