Productivity in Australia increased to 103 points in the first quarter of 2021 from 102.50 points in the fourth quarter of 2020. source: Australian Bureau of Statistics

Productivity in Australia averaged 78.32 points from 1978 until 2021, reaching an all time high of 104 points in the second quarter of 2020 and a record low of 55.20 points in the second quarter of 1979. This page provides - Australia Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Productivity - values, historical data and charts - was last updated on June of 2021.

Productivity in Australia is expected to be 102.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Australia to stand at 102.00 in 12 months time. In the long-term, the Australia Productivity is projected to trend around 102.00 points in 2022 and 101.79 points in 2023, according to our econometric models.

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Australia Productivity

Actual Previous Highest Lowest Dates Unit Frequency
103.00 102.50 104.00 55.20 1978 - 2021 points Quarterly
WDA, 2018-2019=100

Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.50 5.60 11.20 4.00 percent [+]
Employed Persons 13040.39 13077.59 13077.59 5997.66 Thousand [+]
Unemployed Persons 756.23 778.09 1007.90 364.69 Thousand [+]
Part Time Employment 91505.00 -478.00 252307.00 -370036.00 Persons [+]
Full Time Employment 33800.00 -20800.00 96411.00 -236883.00 Persons [+]
Employment Change -30600.00 77000.00 226738.00 -606919.00 Persons [+]
Labor Force Participation Rate 66.00 66.30 66.30 60.10 percent [+]
Youth Unemployment Rate 10.60 11.70 20.10 7.60 percent [+]
Labour Costs 102.10 100.00 102.50 42.10 points [+]
Productivity 103.00 102.50 104.00 55.20 points [+]
Job Vacancies 288.70 254.40 288.70 26.80 Thousand [+]
Job Advertisements 213895.00 198201.00 255914.00 66887.00 [+]
Wages 1280.30 1304.70 1304.70 59.10 AUD/Week [+]
Wages In Manufacturing 1458.00 1381.30 1458.00 333.00 AUD/Week [+]
Wage Growth 1.50 1.40 4.30 1.40 percent [+]
Minimum Wages 753.80 740.80 753.80 522.12 AUD/week [+]
Population 25.68 25.60 25.68 10.39 Million [+]
Retirement Age Women 66.00 66.00 66.00 62.00 [+]
Retirement Age Men 66.00 66.00 66.00 65.00 [+]
Employment Rate 62.60 62.30 62.90 54.00 percent [+]


Australia Productivity
In Australia, Productivity is the real value of output produced by a unit of labor during a certain time.