Productivity growth is a key driver of economic development and rising living standards. Differences in productivity performance across countries and over time reflect the combined influence of structural, cyclical, domestic and international factors. Reliable and internationally comparable productivity indicators are therefore essential for analysing economic performance and informing policy design.
Since its launch in 2005, the OECD Compendium of Productivity Indicators has provided a comprehensive and internationally harmonised set of indicators on labour productivity, multifactor productivity and related indicators. Produced by the OECD Statistics and Data Directorate, this publication documents both short- and long-term productivity developments across OECD and accession candidate countries, while offering evidence on the contributions of labour and capital inputs.
Beyond aggregate trends, the Compendium sheds light on productivity patterns across industries. In addition, this edition examines trends in investment and productivity differences across firm sizes and regions within countries. It also includes a chapter on an augmented version of multifactor productivity incorporating natural capital as a production input and accounting for the negative externality of gas emissions.
This report was co-ordinated by Nhung Luu and completed under the supervision of Alexander Jaax and Annabelle Mourougane. Chapter 1 was drafted by Alexander Jaax and Nhung Luu. Chapter 2 was drafted by Tom Arend, with contributions from Rodrigo Pazos from the Directorate for Science, Technology and Innovation. Chapter 3 was drafted by Junho Bang and Kazuma Yabe, Chapter 4 by Tom Arend and Nhung Luu, and Chapter 5 by Peter Horvát. Chapter 5 also incorporates contributions from Andrew Green, Martin Reinhard, and Rudy Verlhac from the Directorate for Science, Technology and Innovation as well as from Carlo Menon and Wessel Vermeulen from the Centre for Entrepreneurship, SMEs, Regions and Cities. Chapter 6 was drafted by Miguel Cárdenas Rodríguez, Bopha Chhun, Nathalie Girouard, and Ivan Haščič from the Environment Directorate and Nhung Luu. The authors thank Monica Brezzi, Yann Dorville, Bram Edens, Steve MacFeely, and Gueram Sargsyan for valuable comments and contributions.
The report was formatted by Virginie Elgrably.