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.


Productivity measures

The OECD Productivity Statistics (database) (PDB) contains a consistent set of productivity measures at the total economy and at the industry levels. This annex provides detailed information on the measures included in the database. While the PDB and this publication present value added based productivity indicators by relating value added to the labour and capital inputs used, productivity measures can be computed for different representations of the production process. One typical approach is to relate a volume measure of gross output to primary and intermediate inputs, as used in the KLEMS methodology, which measures the contributions of capital (K), labour (L), energy (E), material inputs (M) and services (S) to output growth. This representation is not adopted in the PDB nor in this publication.


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