OECD Compendium of Productivity Indicators 2015

image of OECD Compendium of Productivity Indicators 2015

Productivity is a key source of economic growth and competitiveness. The OECD Compendium of Productivity Indicators 2015 presents a comprehensive overview of recent and longer term trends in productivity levels and growth in OECD countries. It also highlights key measurement issues faced when compiling cross-country comparable productivity indicators.



Capital productivity

Capital productivity shows how efficiently capital is used to generate output. It reflects the joint influence of labour input per unit of capital used and multifactor productivity (MFP); the latter reflecting the overall efficiency of production. Investment in information and communication technologies (ICT) in particular enables new technologies to enter the production process and is seen as an important driver of productivity growth.



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