Labour productivity of Canadian businesses rose 0.7% in the second quarter of 2018, the highest growth since the first quarter of 2017 (+1.4%) following a 0.3% fall in the first quarter and exceeding market expectations of a 0.4% gain. The productivity rebound reflected an acceleration of growth in business output, while hours worked were essentially unchanged. The real GDP of businesses rose 0.7% in Q2, after increasing 0.3% in Q1. Productivity growth accelerated for both goods-producing (1.7%) and service-producing businesses (0.5%). Mining, quarrying, and oil and gas extraction (3.6%) contributed the most to the gain. The rise in hours worked in the business sector slowed to 0.1% in Q2, after an 0.5% increase in Q1. The growth in hours worked in service-producing businesses (+0.3%) more than offset the decline in hours worked in goods-producing (-0.5%). Productivity in Canada averaged 89.62 Index Points from 1981 until 2018, reaching an all time high of 109.99 Index Points in the second quarter of 2018 and a record low of 69.08 Index Points in the third quarter of 1981.

Productivity in Canada is expected to be 110.64 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Canada to stand at 111.38 in 12 months time. In the long-term, the Canada Productivity is projected to trend around 113.89 Index Points in 2020, according to our econometric models.

Canada Productivity
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Canada Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.80 5.90 13.10 2.90 percent [+]
Employed Persons 18705.00 18693.80 18705.00 9636.70 Thousand [+]
Unemployed Persons 1141.70 1171.10 1748.90 691.50 Thousand [+]
Part Time Employment -22.60 80.20 136.30 -137.00 Thousand [+]
Full Time Employment 33.90 -16.90 148.40 -145.10 Thousand [+]
Employment Change 11.20 63.30 94.00 -124.80 Thousand [+]
Labor Force Participation Rate 65.20 65.40 67.70 61.40 percent [+]
Youth Unemployment Rate 11.00 11.00 20.70 10.30 percent [+]
Productivity 109.99 109.25 109.99 69.08 Index Points [+]
Labour Costs 116.80 117.22 117.22 49.37 Index Points [+]
Wages 24.87 24.80 25.09 13.73 CAD/Hour [+]
Wages in Manufacturing 25.06 24.83 26.30 14.96 CAD/Hour [+]
Minimum Wages 14.00 11.40 14.00 1.00 CAD/Hour [+]
Population 36.96 36.89 36.96 17.91 Million [+]
Retirement Age Women 65.00 65.00 65.00 65.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Non Farm Payrolls 16658.00 16633.00 16658.00 10863.80 Thousand [+]
Job Vacancies 547300.00 462280.00 547300.00 329710.00 [+]
Living Wage Family 2580.00 2640.00 2640.00 2440.00 CAD/Month [+]
Living Wage Individual 1930.00 1960.00 1960.00 1790.00 CAD/Month [+]
Adp Employment Change -23.00 28.80 59.00 -23.00 Thousand [+]
Employment Rate 61.50 61.50 63.70 56.00 percent [+]


Canada Productivity

In Canada, Productivity is the real value of output produced by a unit of labor during a certain time. This page provides - Canada Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Productivity - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
109.99 109.25 109.99 69.08 1981 - 2018 Index Points Quarterly
SA, 2007=100




Country Last
Australia 101.80 Jun/18
Brazil 99.29 Sep/18
Canada 109.99 Jun/18
Euro Area 105.30 Sep/18
France 118.60 Mar/18
Germany 101.20 Sep/18
Italy 104.90 Dec/17
Japan 102.00 Aug/18
Mexico 107.00 Sep/18
Netherlands 33.88 Sep/18
Russia 1.50 Dec/17
Singapore 107.90 Jun/18
South Korea 109.20 Jun/18
Spain 111.70 Sep/18
Switzerland 104.72 Jun/18
United Kingdom 101.20 Sep/18
United States 105.67 Sep/18


Related

Latest