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OECD Compendium of Productivity Indicators 2019

image of OECD Compendium of Productivity Indicators 2019

This report presents a comprehensive overview of recent and longer-term trends in productivity levels and growth in OECD countries, accession countries, key partners and some G20 countries. An introductory chapter features an analysis of latest developments in productivity, employment and wages.

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Trends in labour productivity growth

Labour productivity is a key driver of economic growth and living standards. Understanding whether the slowdown in productivity growth has been driven by structural factors and/or by reactions to the economic cycle is therefore important for policy makers. This requires decomposing the time series of actual annual labour productivity growth into a trend (or structural) component and a cyclical component.

English

Graphs

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