Labor productivity in the UK as measured by output per hour remained unchanged on quarter in the second three months of 2022, after a 0.6% fall in the previous period, preliminary estimates showed However, it remains 1.7% above its pre-coronavirus pandemic levels. The quarter-on-quarter, output per hour was unchanged reflecting a fall of equal magnitude, negative 0.1%, in gross value added (GVA) and the number of hours worked. source: Office for National Statistics

Productivity in the United Kingdom averaged 76.13 points from 1971 until 2022, reaching an all time high of 106.30 points in the third quarter of 2020 and a record low of 43.30 points in the first quarter of 1971. 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 - data, historical chart, forecasts and calendar of releases - was last updated on October of 2022.

Productivity in the United Kingdom is expected to be 102.40 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Productivity is projected to trend around 102.90 points in 2023 and 103.20 points in 2024, according to our econometric models.

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United Kingdom Productivity



Calendar GMT Actual Previous Consensus TEForecast
2022-07-07 08:30 AM Labour Productivity QoQ Final Q1 -0.6% 1.3% -0.7%
2022-08-16 06:00 AM Labour Productivity QoQ Prel Q2 0.0% -0.6% 0.9%


Related Last Previous Unit Reference
Unemployment Rate 3.60 3.80 percent Jul 2022
Unemployed Persons 1534.20 1527.90 Thousand Aug 2022
Employed Persons 32792.00 32746.00 Thousand Jul 2022
Part Time Employment 8168.00 8180.00 Thousand Jun 2022
Full Time Employment 24578.00 24612.00 Thousand Jun 2022
Claimant Count Change 6.30 -14.50 Thousand Aug 2022
Employment Rate 75.40 75.50 percent Jun 2022
Labor Force Participation Rate 78.30 78.60 percent Jun 2022
Youth Unemployment Rate 9.10 10.40 percent Jun 2022
Productivity 101.70 101.70 points Jun 2022
Labour Costs 109.60 109.70 points Dec 2021
Job Vacancies 1266.00 1280.00 Thousand Jul 2022
Wages 613.00 612.00 GBP/Week Jul 2022
Wages in Manufacturing 666.00 664.00 GBP/Week Jul 2022
Wage Growth 5.50 5.20 percent Jul 2022
Population 67.53 67.08 Million Dec 2021
Non Farm Payrolls 29727.00 29656.00 Thousand Aug 2022
Employment Change 40.00 160.00 Thousand Jun 2022
Average Weekly Hours 31.80 31.80 Hours Jun 2022

United Kingdom Productivity
In the United Kingdom, Productivity is the real value of output produced by a unit of labor during a certain time.
Actual Previous Highest Lowest Dates Unit Frequency
101.70 101.70 106.30 43.30 1971 - 2022 points Quarterly
SA, 2019=100

News Stream
UK Productivity Falls Slightly Less than Initially Thought
Labor productivity in the UK as measured by output per hour decreased by 0.6% on quarter in the first three months of 2022, less than preliminary estimates of a 0.7% fall and following a 1.3% rise in the previous period. However, it remains 1.7% above its pre-coronavirus pandemic levels. The quarter-on-quarter fall was driven by a 1.3% increase in hours worked. Hours worked grew faster than GVA over the quarter (0.8%).
2022-07-07
UK Productivity Drops in Q1
Labor productivity in the UK as measured by output per hour decreased by 0.7% on quarter in the first three months of 2022, following a 1.3% increase in the previous period, preliminary estimates showed. However, it remains 1.9% above its pre-coronavirus pandemic levels. This improvement compared with the pre-coronavirus pandemic peak does not appear to be significantly different to that which can be projected using the 2009 to 2019 trend, suggesting that no fundamental change in productivity behaviour resulting from the coronavirus pandemic is yet visible in these data. The quarter-on-quarter fall was driven by a 1.4% increase in hours worked. Hours worked grew faster than GVA over the quarter but remained 1.0% below their pre-coronavirus pandemic level. GVA was 0.9% above pre-coronavirus pandemic levels.
2022-05-17
UK Productivity Recovers More than Initially Thought
Labor productivity in the UK as measured by output per hour increased 1.3% on quarter in the last three months of 2021, more than preliminary estimates of 1% and the most since Q3 2020. Output per hour was 2.6% higher than the average level in 2019, prior to the coronavirus pandemic. Meanwhile, output per worker increased by 1.4% quarter-on-quarter to rise above 2019 levels for the first time since the coronavirus pandemic began.
2022-04-07