Portugal Labour Productivity Growth
1996 - 2024 | Quarterly | % | CEIC Data
Key information about Portugal Labour Productivity Growth
- Portugal Labour Productivity dropped by 0.12 % YoY in Sep 2024, compared with a growth of 0.47 % in the previous quarter
- Portugal Labour Productivity Growth data is updated quarterly, available from Mar 1996 to Sep 2024, averaging at 1.03 %
- The data reached an all-time high of 12.43 % in Jun 2021 and a record low of -14.65 % in Jun 2020
CEIC calculates Labour Productivity Growth from quarterly Real GDP and quarterly Employment. Eurostat provides Real GDP in EUR, at chain linked 2010 prices and Employment
View Portugal's Labour Productivity Growth from Mar 1996 to Sep 2024 in the chart:
What was Portugal's Labour Productivity Growth in Sep 2024?
Portugal Labour Productivity dropped by 0.12 % YoY in Sep 2024, compared with a growth of 0.47 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 0.12 Sep 2024 | 0.47 Jun 2024 | -14.65 Jun 2020 | 12.43 Jun 2021 | % | quarterly | Mar 1996 - Sep 2024 |
Labour Productivity Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 1.59 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
| Algeria (%) | 2.13 2023 | yearly | 1992 - 2023 |
| Argentina (%) | -4.29 2023 | yearly | 1992 - 2023 |
| Armenia (%) | 6.91 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Australia (%) | -1.74 Sep 2024 | quarterly | Jun 1979 - Sep 2024 |
| Austria (%) | -0.66 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Azerbaijan (%) | 3.56 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Bahrain (%) | -3.79 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
| Bangladesh (%) | 3.97 2023 | yearly | 1992 - 2023 |
| Belarus (%) | 3.86 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Belgium (%) | 0.84 Sep 2024 | quarterly | Mar 2000 - Sep 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 (%) | -0.25 Sep 2024 | quarterly | Mar 1977 - Sep 2024 |
| Chile (%) | -0.25 Sep 2024 | quarterly | Mar 1987 - Sep 2024 |
| China (%) | 5.84 2024 | yearly | 1953 - 2024 |
| Colombia (%) | 0.16 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| Croatia (%) | -1.53 Sep 2024 | quarterly | Mar 2008 - Sep 2024 |
| Cyprus (%) | 1.85 Sep 2024 | quarterly | Jun 2005 - Sep 2024 |
| Czech Republic (%) | -0.23 Sep 2024 | quarterly | Mar 1997 - Sep 2024 |
| Denmark (%) | 2.65 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| Ecuador (%) | 1.76 2023 | yearly | 1992 - 2023 |
| Egypt (%) | 2.27 Sep 2024 | quarterly | Mar 2004 - Sep 2024 |
| Estonia (%) | -1.39 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| European Union (%) | 0.28 Sep 2024 | quarterly | Mar 2006 - Sep 2024 |
| Finland (%) | 1.91 Dec 2024 | quarterly | Mar 1991 - Dec 2024 |
| France (%) | -0.13 2023 | yearly | 1979 - 2023 |
| Georgia (%) | 3.72 2023 | yearly | 1997 - 2023 |
| Germany (%) | -0.38 Dec 2024 | quarterly | Mar 1992 - Dec 2024 |
| Ghana (%) | 0.45 2023 | yearly | 1992 - 2023 |
| Greece (%) | 1.45 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Hong Kong SAR, China (%) | 2.27 Dec 2024 | quarterly | Dec 1982 - Dec 2024 |
| Hungary (%) | -0.75 Sep 2024 | quarterly | Mar 1999 - Sep 2024 |
| Iceland (%) | 0.23 Dec 2024 | quarterly | Mar 2004 - Dec 2024 |
| India (%) | 2.38 2022 | yearly | 1992 - 2022 |
| Indonesia (%) | 1.55 2024 | yearly | 2001 - 2024 |
| Iran (%) | 3.69 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 (%) | 3.26 2023 | yearly | 1992 - 2023 |
| Japan (%) | 0.59 Dec 2024 | quarterly | Mar 1995 - Dec 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 (%) | 1.06 Dec 2024 | quarterly | Sep 1983 - Dec 2024 |
| Kosovo (%) | -6.22 Dec 2023 | quarterly | Mar 2017 - Dec 2023 |
| Kuwait (%) | 1.60 2018 | yearly | 1992 - 2018 |
| Kyrgyzstan (%) | 5.93 2023 | yearly | 1993 - 2023 |
| Laos (%) | 1.80 2023 | yearly | 1992 - 2023 |
| Latvia (%) | 0.11 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
| Lebanon (%) | 2.12 2023 | yearly | 1992 - 2023 |
| Lithuania (%) | 2.12 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Luxembourg (%) | 0.02 Sep 2024 | quarterly | Mar 1996 - Sep 2024 |
| Macau SAR, China (%) | 1.46 Dec 2024 | quarterly | Mar 2002 - Dec 2024 |
| North Macedonia (%) | 2.13 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Malawi (%) | -1.72 2023 | yearly | 1992 - 2023 |
| Malaysia (%) | 2.41 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Malta (%) | -0.01 Sep 2024 | quarterly | Dec 2001 - Sep 2024 |
| Mauritius (%) | 5.39 Sep 2024 | quarterly | Mar 2005 - Sep 2024 |
| Mexico (%) | 0.33 Dec 2024 | quarterly | Jun 1996 - Dec 2024 |
| Moldova (%) | 1.56 Sep 2024 | quarterly | Mar 2001 - Sep 2024 |
| Mongolia (%) | 2.25 Dec 2024 | quarterly | Sep 2007 - Dec 2024 |
| Montenegro (%) | 4.92 Sep 2024 | quarterly | Mar 2011 - Sep 2024 |
| Morocco (%) | 4.95 2023 | yearly | 2000 - 2023 |
| Mozambique (%) | 2.10 2023 | yearly | 1992 - 2023 |
| Myanmar (%) | -43.15 2022 | yearly | 1992 - 2022 |
| Nepal (%) | 1.46 2023 | yearly | 1992 - 2023 |
| Netherlands (%) | 1.13 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| New Zealand (%) | -0.50 Sep 2024 | quarterly | Jun 1988 - Sep 2024 |
| Nigeria (%) | 1.14 Sep 2018 | quarterly | Mar 2013 - Sep 2018 |
| Norway (%) | -0.90 Dec 2024 | quarterly | Mar 1996 - Dec 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 (%) | 5.57 2023 | yearly | 1992 - 2023 |
| Paraguay (%) | 3.22 Sep 2024 | quarterly | Mar 2018 - Sep 2024 |
| Peru (%) | -0.87 2022 | yearly | 2002 - 2022 |
| Philippines (%) | 3.32 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 (%) | 3.50 Dec 2024 | quarterly | Mar 1986 - Dec 2024 |
| Slovakia (%) | 1.62 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Slovenia (%) | 1.88 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| South Africa (%) | -0.89 Sep 2024 | quarterly | Mar 2009 - Sep 2024 |
| Spain (%) | 1.00 Dec 2024 | quarterly | Mar 1996 - Dec 2024 |
| Sri Lanka (%) | 5.03 Jun 2024 | quarterly | Jun 2013 - Jun 2024 |
| Sudan (%) | 3.26 2010 | yearly | 1996 - 2010 |
| Sweden (%) | 2.56 Dec 2024 | quarterly | Mar 1994 - Dec 2024 |
| Switzerland (%) | 0.89 Dec 2024 | quarterly | Mar 2011 - Dec 2024 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | 1.0 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
| Consolidated Fiscal Balance (USD mn) | 4,773.494 Sep 2024 | quarterly | Mar 1995 - Sep 2024 |
| Tax Revenue (USD mn) | 15,828.134 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| Tax Revenue: % of GDP (%) | 22.0 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| National Government Debt (USD mn) | 280,150.2 Dec 2024 | quarterly | Mar 2000 - Dec 2024 |
| Government Debt: % of GDP (%) | 95.3 Dec 2024 | quarterly | Dec 1995 - Dec 2024 |
| Forecast: Government Expenditure (EUR bn) | 144.404 2029 | yearly | 1986 - 2029 |
| Forecast: Government Net Debt (EUR bn) | 259.090 2029 | yearly | 1990 - 2029 |
| Forecast: Government Revenue (EUR bn) | 145.167 2029 | yearly | 1986 - 2029 |
| General Govt Gross Debt: as % of GDP (%) | 95.300 Dec 2024 | quarterly | Dec 1995 - Dec 2024 |
| Government Budget: ytd: Revenue: Current: Tax: Indirect: Value Added Tax (EUR mn) | 24,151.473 Dec 2024 | monthly | Dec 1992 - Dec 2024 |
| Government Budget: ytd: Expenditure: Capital (EUR mn) | 4,654.698 Dec 2024 | monthly | Jan 2005 - Dec 2024 |
| Government Budget: ytd: Revenue: Current: Tax: Direct (EUR mn) | 27,675.160 Dec 2024 | monthly | Dec 1992 - Dec 2024 |
| Government Budget: ytd: Expenditure (EUR mn) | 72,037.398 Dec 2024 | monthly | May 2009 - Dec 2024 |
| Government Budget: ytd: Balance (EUR mn) | -5,838.458 Dec 2024 | monthly | Dec 1992 - Dec 2024 |
| Government Budget: ytd: Expenditure: Current (EUR mn) | 67,382.700 Dec 2024 | monthly | Jan 2005 - Dec 2024 |
| Government Budget: ytd: Revenue (EUR mn) | 66,198.940 Dec 2024 | monthly | Dec 2004 - Dec 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.317 2029 | yearly | 1980 - 2029 |
| Trade Balance (USD mn) | -3,046.2 Dec 2024 | monthly | Jan 1957 - Dec 2024 |
| Total Exports (USD mn) | 5,914.8 Dec 2024 | monthly | Jan 1993 - Dec 2024 |
| Total Exports Growth (%) | -2.5 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
| Aluminum: Exports (USD th) | 313,558.626 2023 | yearly | 1995 - 2023 |
| Exports: Medicament (USD th) | 2,796,101.160 2023 | yearly | 1995 - 2023 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 211,538.945 2023 | yearly | 1995 - 2023 |
| Total Imports (USD mn) | 9,007.3 Apr 2023 | monthly | Jan 1993 - Apr 2023 |
| Total Imports Growth (%) | 4.0 Dec 2024 | monthly | Jan 1994 - Dec 2024 |
| Imports: Medicament (USD th) | 2,823,474.587 2023 | yearly | 1995 - 2023 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 1,262,348.728 2023 | yearly | 1995 - 2023 |
| Total Exports to USA (USD mn) | 403.428 Dec 2024 | monthly | Jan 1960 - Dec 2024 |
| Total Imports from USA (USD mn) | 195.310 Dec 2024 | monthly | Dec 1974 - Dec 2024 |
| Total Exports to China (USD mn) | 54.020 Dec 2024 | monthly | Sep 1994 - Dec 2024 |
| Total Imports from China (USD mn) | 397.504 Dec 2024 | monthly | Feb 1974 - Dec 2024 |
| Exports (EUR) | 5,648,239,016.000 Dec 2024 | monthly | Jan 1993 - Dec 2024 |
| Exports: Plastics and Articles (EUR mn) | 233.309 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Exports: Mineral Fuels, Mineral Oils and Products of Their Distillation (EUR mn) | 357.878 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Exports: Vehicles Other Than Railway and Tramway (EUR mn) | 752.697 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Exports: Footwear and Gaiters (EUR mn) | 124.111 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Exports: Electrical Machinery and Equipment (EUR mn) | 474.574 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Exports: EU: France (EUR mn) | 670.172 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Exports: EU: Germany (EUR mn) | 574.311 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Exports: EU: Spain (EUR mn) | 1,512.488 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Imports (EUR) | 8,557,100,414.000 Dec 2024 | monthly | Jan 1993 - Dec 2024 |
| Imports: Vehicles Other Than Railway and Tramway (EUR mn) | 990.203 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Imports: Mineral Fuels, Mineral Oils and Products of Their Distillation (EUR mn) | 1,116.786 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Imports: Nuclear Reactors, Boilers (EUR mn) | 801.472 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Imports: Plastics and Articles (EUR mn) | 330.632 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Imports: Electrical Machinery and Equipment (EUR mn) | 803.040 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Imports: EU: Germany (EUR mn) | 887.129 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Imports: EU: Spain (EUR mn) | 3,000.707 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Imports: EU: France (EUR mn) | 618.247 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Imports: Non EU: United States (EUR mn) | 186.507 Dec 2024 | monthly | Jan 2004 - Dec 2024 |
| Export Value Index (2015=100) | 136.577 2021 | yearly | 1995 - 2021 |
| Import Value Index (2015=100) | 146.028 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.2 Jan 2025 | monthly | Dec 1997 - Jan 2025 |
| Household Debt: % of GDP (%) | 65.9 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| Non-Performing Loans (USD mn) | 2,510.144 Jan 2025 | monthly | Dec 1997 - Jan 2025 |
| Money Supply M1 (USD mn) | 151,071.669 Jan 2025 | monthly | Dec 1979 - Jan 2025 |
| Money Supply M2 (USD mn) | 305,412.141 Jan 2025 | monthly | Dec 1979 - Jan 2025 |
| M2 Growth (%) | 6.6 Jan 2025 | monthly | Dec 1980 - Jan 2025 |
| Reserve Requirement Ratio (%) | 1.0 Dec 2024 | monthly | Jan 1999 - Dec 2024 |
| Foreign Exchange Reserves (USD mn) | 4,577.8 Jan 2025 | monthly | Dec 1999 - Jan 2025 |
| Foreign Exchange Reserves: % of GDP (%) | 172.712 Sep 2024 | quarterly | Dec 1999 - Sep 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 0.7 Dec 2024 | monthly | Dec 1999 - Dec 2024 |
| Gold Reserves (USD mn) | 34,529.664 Jan 2025 | monthly | Dec 1956 - Jan 2025 |
| Total Deposits (USD mn) | 296,816.104 Jan 2025 | monthly | Dec 1979 - Jan 2025 |
| Total Deposits Growth (%) | 7.1 Jan 2025 | monthly | Dec 1980 - Jan 2025 |
| Domestic Credit (USD mn) | 340,297.9 Dec 2024 | monthly | Dec 1979 - Dec 2024 |
| Domestic Credit Growth (%) | 0.3 Aug 2019 | monthly | Dec 2001 - Aug 2019 |
| Debt Service Ratio: Households (%) | 7.200 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 13.800 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Credit to Households (USD bn) | 159.183 Jun 2024 | quarterly | Dec 1979 - Jun 2024 |
| Credit to Private Non-Financial Sector (USD bn) | 391.861 Jun 2024 | quarterly | Mar 1957 - Jun 2024 |
| Household Debt (USD mn) | 190,497.6 Dec 2022 | quarterly | Dec 1994 - Dec 2022 |
| Total Loans (USD mn) | 223,777.944 Jan 2025 | monthly | Dec 1979 - Jan 2025 |
| Total Loans Growth (%) | 2.84 Jan 2025 | monthly | Dec 1980 - Jan 2025 |
| Private Debt: % of Nominal GDP (%) | 72.82 Sep 2024 | quarterly | Dec 1995 - Sep 2024 |
| Money Supply: M3: National Contribution: EC: M2: M1 (EUR mn) | 145,261.220 Jan 2025 | monthly | Sep 1997 - Jan 2025 |
| Money Supply: M3: National Contribution: EC: M2 (EUR mn) | 293,665.520 Jan 2025 | monthly | Sep 1997 - Jan 2025 |
| Official Reserve Assets: Foreign Currency Reserves (FC) (EUR mn) | 4,064.740 Jan 2025 | monthly | Dec 1999 - Jan 2025 |
| Official Reserve Assets (EUR mn) | 41,758.660 Jan 2025 | monthly | Dec 1999 - Jan 2025 |
| Outstanding Housing Credit (EUR) | 68,992.000 Jan 2025 | monthly | Nov 2003 - Jan 2025 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | 2.7 Jan 2025 | monthly | Jan 1988 - Jan 2025 |
| Economic Sentiment Index: sa (1990-2006=100) | 107.200 Jan 2025 | monthly | Jan 1987 - Jan 2025 |
| Coincident Indicator: Economic Activity (%) | 1.600 Jan 2025 | monthly | Jan 1978 - Jan 2025 |
More Indicators for Portugal
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