Labour productivity in the UK, as measured by output per hour, fell by 0.2 percent in the second quarter of 2019, following a revised 0.5 percent decline in the previous period. During the same period, output per worker dropped by 0.6 percent, compared to the 0.3 percent increase seen in the first quarter. Year-on-year, labour productivity in the UK, as measured by output per hour, declined by 0.5 percent, the biggest drop since the second quarter of 2014. Productivity in the United Kingdom averaged 75.07 Index Points from 1971 until 2019, reaching an all time high of 101.70 Index Points in the fourth quarter of 2018 and a record low of 42.40 Index Points in the first quarter of 1971.

Productivity in the United Kingdom is expected to be 100.20 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in the United Kingdom to stand at 101.30 in 12 months time. In the long-term, the United Kingdom Productivity is projected to trend around 102.50 Index Points in 2020, according to our econometric models.

United Kingdom Productivity
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2019-05-14 08:30 AM Labour Productivity QoQ Prel Q1 -0.6% 0.3% -0.2%
2019-07-05 08:30 AM Labour Productivity QoQ Final Q1 -0.5% 0.3% -0.6%
2019-08-13 08:30 AM Labour Productivity QoQ Prel Q2 -0.2% -0.6% -0.2%
2019-10-08 08:30 AM Labour Productivity QoQ Final Q2 -0.2% -0.5% -0.2%


United Kingdom Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 3.80 12.00 3.40 percent [+]
Employed Persons 32693.00 32777.00 32811.00 23630.00 Thousand [+]
Unemployed Persons 1192.60 1171.50 3090.00 422.60 Thousand [+]
Part Time Employment 8605.00 8704.00 8704.00 5995.00 Thousand [+]
Full Time Employment 24172.00 24107.00 24172.00 19136.00 Thousand [+]
Employment Rate 75.90 76.10 76.10 65.60 percent [+]
Claimant Count Change 21.10 16.30 142.80 -98.50 Thousand [+]
Labor Force Participation Rate 79.00 79.20 79.30 74.10 percent [+]
Long Term Unemployment Rate 1.00 1.00 4.30 0.90 percent [+]
Youth Unemployment Rate 11.20 11.30 22.30 9.70 percent [+]
Labour Costs 105.50 105.60 105.60 20.70 Index Points [+]
Productivity 101.00 101.20 101.70 42.40 Index Points [+]
Job Vacancies 813.00 812.00 861.00 432.00 Thousand [+]
Wages 542.00 539.00 542.00 300.00 GBP/Week [+]
Wages in Manufacturing 614.00 615.00 615.00 356.00 GBP/Week [+]
Wage Growth 3.80 3.90 6.60 -2.60 percent [+]
Minimum Wages 8.21 7.83 8.21 5.05 GBP/Hour [+]
Population 66.19 65.81 66.19 52.20 Million [+]
Retirement Age Women 65.50 65.00 65.50 60.00 [+]
Retirement Age Men 65.50 65.00 65.50 65.00 [+]
Living Wage Family 1300.00 1230.00 1300.00 1180.00 GBP/Month [+]
Living Wage Individual 895.00 850.00 900.00 785.00 GBP/Month [+]
Wages High Skilled 2330.00 2110.00 2460.00 2110.00 GBP/Month [+]
Wages Low Skilled 1320.00 1180.00 1320.00 1180.00 GBP/Month [+]
Average Weekly Hours 32.00 32.10 33.50 31.30 Hours [+]
Employment Change -56.00 31.00 311.00 -279.00 Thousand [+]


United Kingdom Productivity

In the United Kingdom, Productivity is the real value of output produced by a unit of labor during a certain time. This page provides the latest reported value for - United Kingdom Productivity - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Productivity - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
101.00 101.20 101.70 42.40 1971 - 2019 Index Points Quarterly
SA, 2016=100




Country Last Previous
Australia 100.00 Jun/19
Brazil 104.13 Aug/19
Canada 106.30 Jun/19
Euro Area 105.20 Jun/19
France 103.59 Jun/19
Germany 99.10 Jul/19
Japan 101.90 Jul/19
Mexico 89.90 Jul/19
Netherlands 104.80 Jun/19
Russia 1.50 Dec/17
Singapore 99.50 Jun/19
South Korea 108.00 Mar/19
Spain 105.90 Jun/19
Switzerland 102.42 Jun/19
United Kingdom 101.00 Jun/19
United States 107.54 Jun/19


Related

Latest