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OECD Compendium of Productivity Indicators 2016

image of OECD Compendium of Productivity Indicators 2016

The publication presents a comprehensive overview of recent and longer term trends in productivity levels and growth in OECD and some G20 countries. The statistics presented include measures of labour productivity, capital productivity and multifactor productivity, as well as indicators of international competitiveness.

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Alternative measures of labour productivity

Labour productivity is most appropriately measured as a volume of output generated per hour worked. However the number of persons employed (i.e. total employment) is often used as a proxy for labour input, in particular, when data on total hours worked cannot be estimated.

English

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