This statistic shows the labour productivity index change in the EU28 between 2001 and 2016. In the period of consideration, labour productivity has grown, despite a slump in 2008 and 2009, reaching 106.1 compared to 100 in base year 2010.
Labour productivity index as measured by GDP per hour worked in the European Union (EU-28) from 2001 to 2016
The source adds the following information: "GDP per hour worked is a measure of labour productivity. It measures how efficiently labour input is combined with other factors of production and used in the production process. Labour input is defined as total hours worked of all persons engaged in production. Labour productivity only partially reflects the productivity of labour in terms of the personal capacities of workers or the intensity of their effort. The ratio between the output measure and the labour input depends to a large degree on the presence and/or use of other inputs (e.g. capital, intermediate inputs, technical, organisational and efficiency change, economies of scale). This indicator is measured in USD (constant prices 2010 and PPPs) and indices."
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OECD. (June 26, 2018). Labour productivity index as measured by GDP per hour worked in the European Union (EU-28) from 2001 to 2016 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/877981/labour-productivity-index-europe/
OECD. "Labour productivity index as measured by GDP per hour worked in the European Union (EU-28) from 2001 to 2016." Chart. June 26, 2018. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/877981/labour-productivity-index-europe/
OECD. (2018). Labour productivity index as measured by GDP per hour worked in the European Union (EU-28) from 2001 to 2016. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/877981/labour-productivity-index-europe/
OECD. "Labour Productivity Index as Measured by Gdp per Hour Worked in The European Union (Eu-28) from 2001 to 2016." Statista, Statista Inc., 26 Jun 2018, https://www-statista-com.ezproxy.canberra.edu.au/statistics/877981/labour-productivity-index-europe/
OECD, Labour productivity index as measured by GDP per hour worked in the European Union (EU-28) from 2001 to 2016 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/877981/labour-productivity-index-europe/ (last visited November 10, 2024)
Labour productivity index as measured by GDP per hour worked in the European Union (EU-28) from 2001 to 2016 [Graph], OECD, June 26, 2018. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/877981/labour-productivity-index-europe/
