Productivity in Australia decreased to 102.90 points in the third quarter of 2020 from 104 points in the second quarter of 2020. source: Australian Bureau of Statistics

Productivity in Australia averaged 78.03 points from 1978 until 2020, reaching an all time high of 104 points in the second quarter of 2020 and a record low of 55.20 points in the second quarter of 1979. This page provides - Australia Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Productivity - values, historical data and charts - was last updated on February of 2021.

Productivity in Australia is expected to be 102.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Australia to stand at 102.00 in 12 months time. In the long-term, the Australia Productivity is projected to trend around 102.00 points in 2022 and 101.79 points in 2023, according to our econometric models.

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Australia Productivity

Actual Previous Highest Lowest Dates Unit Frequency
102.90 104.00 104.00 55.20 1978 - 2020 points Quarterly
WDA, 2018-2019=100

Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.40 6.60 11.20 4.00 percent [+]
Employed Persons 12939.90 12910.78 12999.96 5997.66 Thousand [+]
Unemployed Persons 877.64 911.99 1008.30 364.69 Thousand [+]
Part Time Employment 14300.00 5700.00 251875.00 -371435.00 Persons [+]
Full Time Employment 59000.00 35700.00 97000.00 -236000.00 Persons [+]
Employment Change 29100.00 50100.00 227800.00 -607400.00 Persons [+]
Labor Force Participation Rate 66.10 66.20 66.20 60.10 percent [+]
Youth Unemployment Rate 13.90 13.90 20.10 7.60 percent [+]
Labour Costs 92.60 94.00 104.80 43.30 points [+]
Productivity 102.90 104.00 104.00 55.20 points [+]
Job Vacancies 254.40 206.00 254.40 26.80 Thousand [+]
Job Advertisements 161582.00 159156.00 255930.00 64801.00 [+]
Wages 1304.70 1257.00 1304.70 59.10 AUD/Week [+]
Wages In Manufacturing 1381.30 1350.60 1381.30 333.00 AUD/Week [+]
Wage Growth 1.40 1.80 4.30 1.40 percent [+]
Minimum Wages 753.80 740.80 753.80 522.12 AUD/week [+]
Population 25.68 25.60 25.68 10.39 Million [+]
Retirement Age Women 66.00 65.50 66.00 62.00 [+]
Retirement Age Men 66.00 65.50 66.00 65.00 [+]
Employment Rate 61.80 61.60 62.90 54.00 percent [+]


Australia Productivity
In Australia, Productivity is the real value of output produced by a unit of labor during a certain time.