International Comparisons of Manufacturing Productivity and Unit Labor Costs Trends, Summary Table 1
26 May 2015
Table 1. Growth trend in productivity (output per hour), output, and hours worked
Manufacturing Sector, 1999-2014
Average annual compound rates of change
Country Indicator |
1999-2006 | 2007-2012 | 2013 | 2014 |
|---|---|---|---|---|
United States Output per hourOutputHours |
6.33.4-2.7 |
2.3-0.3-1.6 |
0.71.40.7 |
1.43.31.9 |
Austrlia Output per hourOutputHours |
2.01.5-0.6 |
1.2-0.2-1.3 |
0.9-2.2-3.1 |
-0.2-1.9-1.7 |
Austria Output per hourOutputHours |
4.13.5-0.6 |
2.21.6-0.6 |
1.30.7-0.6 |
0.80.3-0.5 |
Belgium Output per hourOutputHours |
3.22.1-1.0 |
2.30.2-2.1 |
2.0-0.1-2.1 |
3.31.8-1.5 |
Canada Output per hourOutputHours |
2.41.9-0.5 |
0.9-2.0-2.9 |
0.5-0.3-0.9 |
4.02.9-1.1 |
Czech Republic Output per hourOutputHours |
9.98.7-1.2 |
4.13.5-0.6 |
-2.8-2.40.4 |
5.26.00.7 |
Denmark Output per hourOutputHours |
3.11.0-2.1 |
3.6-0.1-3.5 |
4.42.9-1.5 |
-0.11.81.9 |
Finland Output per hourOutputHours |
7.16.6-0.5 |
-1.6-4.0-2.5 |
2.6-1.9-4.5 |
1.4-0.8-2.2 |
France Output per hourOutputHours |
4.62.3-2.2 |
2.0-0.2-2.2 |
0.6-0.8-1.4 |
1.80.2-1.5 |
Germany Output per hourOutputHours |
4.12.8-1.2 |
1.01.00.0 |
-0.30.30.5 |
0.62.21.6 |
Ireland Output per hourOutputHours |
7.96.5-1.3 |
3.6-0.5-3.9 |
-5.3-3.71.7 |
3.84.30.5 |
Italy Output per hourOutputHours |
1.51.0-0.5 |
1.1-2.1-3.2 |
1.0-2.1-3.1 |
-1.5-0.41.1 |
Japan Output per hourOutputHours |
3.82.5-1.3 |
3.30.8-2.4 |
3.20.1-3.0 |
1.92.00.1 |
Netherlands Output per hourOutputHours |
4.02.2-1.7 |
2.00.8-1.2 |
1.4-0.4-1.7 |
3.21.9-1.2 |
Norway Output per hourOutputHours |
3.01.5-1.4 |
1.90.7-1.2 |
2.13.41.3 |
2.33.61.2 |
Singapore Output per hourOutputHours |
5.07.62.4 |
3.65.31.7 |
0.51.71.2 |
3.12.6-0.5 |
South Korea Output per hourOutputHours |
7.89.71.8 |
5.55.60.1 |
2.93.30.4 |
0.24.03.7 |
Spain Output per hourOutputHours |
2.12.80.7 |
1.7-2.8-4.5 |
3.2-1.1-4.1 |
1.92.30.4 |
Sweden Output per hourOutputHours |
6.95.8-1.1 |
1.6-0.5-2.0 |
2.7-0.6-3.2 |
0.3-1.3-1.7 |
Taiwan Output per hourOutputHours |
7.17.1-0.1 |
5.96.40.4 |
0.91.50.6 |
4.86.31.5 |
United Kingdom Output per hourOutputHours |
5.00.3-4.5 |
1.5-1.2-2.7 |
-1.0-0.10.9 |
2.12.30.2 |
All Economies Output per hourOutputHours |
4.83.0-1.7 |
2.30.2-2.1 |
1.20.5-0.7 |
1.32.41.0 |
Europe Output per hourOutputHours |
3.92.4-1.5 |
1.5-0.3-1.8 |
0.4-0.5-1.0 |
1.11.50.3 |
Euro Area Output per hourOutputHours |
3.62.5-1.0 |
1.4-0.3-1.7 |
0.5-0.6-1.1 |
0.91.40.4 |
Note:
NA = Not Available
“Output” is defined as value added.
Data for all countries relate to all employed persons (employees and self-employed workers), except for Taiwan, where data relate to employees (wage and salary earners) and Singapore where data for compensation refer to employees (wage and salary earners).
Data for all countries (except Japan) are prepared according to the System of National Accounts (SNA) 2008 or its European counterpart, the European System of Accounts 2010 (ESA 2010). Data for Japan are based on the SNA 1993.
Prior to 1991, data for Germany are estimated with data from the former West Germany.
All Economies refers to all countries in the ILC productivity and unit labor costs comparisons series, excluding Norway, Singapore, and Taiwan due to missing purchasing power parities (PPPs) for manufacturing used to convert output denominated in national currency units to US dollars.
Europe includes Austria, Belgium, Czech Republic, Denmark, Finland, France, Germany, Ireland, Italy, the Netherlands, Spain, Sweden, and the United Kingdom. Norway is excluded due to missing purchasing power parities (PPPs) for manufacturing used to convert output denominated in national currency units to US dollars.
Euro Area includes Austria, Belgium, Finland, France, Germany, Ireland, Italy, the Netherlands, and Spain.
“Compensation” data are used as a proxy for “Labor Cost” when payroll tax and subsidies data are not available to adjust worker compensation to an employer labor cost basis. See country notes for more details.
For complete definitions and country information, see Technical Notes and Country Notes (Coming Soon).
Source: The Conference Board, International Labor Comparisons program, May 2015
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