A good understanding of the role and the drivers of productivity growth is crucial to strengthening the recovery and improving growth and living standards in the longer term. The OECD Compendium of Productivity Indicators provides the ingredients for this.
What's new? In this year's edition you will find out,
How individual business sector services contribute to overall productivity growth.
How this could be influenced by the challenging measurement of producer price indices in services.
Whether more open countries also show stronger productivity growth in an environment of global value chains.
What drives the observable decline in trend labour productivity between the mid-1990s and 2007 in G7 countries. The figures for France presented below can give you a first picture.
Labour productivity growth trend and its components
France Total economy, percentage change at annual rates