This statistic shows the labor productivity per person employed and hour worked in relation to the average gross domestic product (GDP) of the European Union (EU-28) in Portugal from 2005 to 2017. Labor productivity in Portugal compared to the EU average remained below average throughout the measured time period, and reached an estimated low point in 2017 at 76.
Labor productivity per person employed and hour worked in relation to the average gross domestic product (GDP) of the European Union (28 countries) in Portugal from 2005 to 2017
The source adds the following information: "Gross domestic product (GDP) is a measure for the economic activity. It is defined as the value of all goods and services produced less the value of any goods or services used in their creation. GDP per person employed is intended to give an overall impression of the productivity of national economies expressed in relation to the European Union (EU28) average. If the index of a country is higher than 100, this country's level of GDP per person employed is higher than the EU average and vice versa.
Labour productivity per hour worked is calculated as real output per unit of labour input (measured by the total number of hours worked). Measuring labour productivity per hour worked provides a better picture of productivity developments in the economy than labour productivity per person employed, as it eliminates differences in the full time/part time composition of the workforce across countries and years."
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Eurostat. (July 5, 2018). Labor productivity per person employed and hour worked in relation to the average gross domestic product (GDP) of the European Union (28 countries) in Portugal from 2005 to 2017 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/878257/portugal-labor-productivity-in-relation-to-the-eu-average/
Eurostat. "Labor productivity per person employed and hour worked in relation to the average gross domestic product (GDP) of the European Union (28 countries) in Portugal from 2005 to 2017." Chart. July 5, 2018. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/878257/portugal-labor-productivity-in-relation-to-the-eu-average/
Eurostat. (2018). Labor productivity per person employed and hour worked in relation to the average gross domestic product (GDP) of the European Union (28 countries) in Portugal from 2005 to 2017. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/878257/portugal-labor-productivity-in-relation-to-the-eu-average/
Eurostat. "Labor Productivity per Person Employed and Hour Worked in Relation to The Average Gross Domestic Product (Gdp) of The European Union (28 Countries) in Portugal from 2005 to 2017." Statista, Statista Inc., 5 Jul 2018, https://www-statista-com.ezproxy.canberra.edu.au/statistics/878257/portugal-labor-productivity-in-relation-to-the-eu-average/
Eurostat, Labor productivity per person employed and hour worked in relation to the average gross domestic product (GDP) of the European Union (28 countries) in Portugal from 2005 to 2017 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/878257/portugal-labor-productivity-in-relation-to-the-eu-average/ (last visited November 10, 2024)
Labor productivity per person employed and hour worked in relation to the average gross domestic product (GDP) of the European Union (28 countries) in Portugal from 2005 to 2017 [Graph], Eurostat, July 5, 2018. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/878257/portugal-labor-productivity-in-relation-to-the-eu-average/
