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Statistics and Data Directorate

OECD Compendium of Productivity Indicators 2019

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Published on April 29, 2019

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This report presents a comprehensive overview of recent and longer-term trends in productivity levels and growth in OECD countries, accession countries, key partners and some G20 countries. An introductory chapter features an analysis of latest developments in productivity, employment and wages.

TABLE OF CONTENTS

Foreword
Reader’s guide
Executive summary
Recent trends in productivity, employment and wages
Economic growth and productivity9 chapters available
Size of GDP
Growth in GDP per capita
GDP per capita convergence
Labour productivity
Alternative measures of labour productivity
Alternative measures of income
Capital productivity and the role of ICT and intangible assets
Growth accounting
Multifactor productivity
Productivity by industry6 chapters available
Labour productivity by main economic activity
Industry contribution to business sector productivity
Labour productivity in manufacturing
Labour productivity in business sector services
Contributions to business sector services’ productivity
Labour productivity in information and communication services
Productivity in SMEs and large firms3 chapters available
Productivity gaps between SMEs and large firms
Productivity growth in SMEs and large firms
Productivity in SMEs and large firms in ICT activities
Productivity, trade and international competitiveness3 chapters available
Unit labour costs
International competitiveness
The importance of global value chains
Productivity and inclusiveness3 chapters available
Growth in real wages
Labour income shares
Productivity and real wages over time
Productivity trends in G7 countries3 chapters available
Trends in labour productivity growth
Trends in multifactor productivity and capital deepening
Multifactor productivity over the cycle
Methodological chapter7 chapters available
Productivity measures in the OECD Productivity Database
Measuring hours worked
Capital input measures at the OECD
The System of National Accounts 2008
Measuring producer prices and productivity growth in services
Purchasing Power Parities for cross-country productivity comparisons
Trend estimation method
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HIGHLIGHTS

Employment is at historic highs but productivity growth remains weak

Labour productivity growth in the OECD area remains weak and well below pre-crisis rates. Since 2010, annual growth in labour productivity has slowed to 0.9%, about half the rate recorded in the 2000-2005 pre-crisis period. Post-crisis labour productivity growth has also slowed in countries with relatively low labour productivity levels, such as Chile, Estonia, Korea and Portugal, undermining the pace of convergence towards higher labour productivity levels.

Labour productivity growth in the OECD
GDP per hour worked, percentage rate at annual rate 

Labour productivity growth in the OECD, GDP per hour worked, percentage rate at annual rate

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Compounding the impact of weak productivity growth on material well-being, is the fact that in the majority of OECD economies most jobs have been created in lower labour productivity activities, weighing down on overall labour productivity levels. Since labour compensation typically correlates highly with labour productivity, more jobs in low productivity activities has also meant more jobs with below average wages, hindering growth in average salaries in a country’s economy as a whole.

 

Change in employment over the period 2010-2017
Thousands of persons

Change in employment over the period 2010-2017, Thousands of persons

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GET REAL TIME DATA

The OECD Productivity Statistics database contains more and longer time series than presented in the publication. Data are available from 1970 onwards for some countries. The database is updated on a daily basis.

 

FURTHER INFORMATION

 

CONTACT

For further information, please contact the OECD Statistics and Data Directorate at stat.contact@oecd.org.