Productivity In the Euro Area decreased to 102.90 points in the third quarter of 2020 from 105 points in the second quarter of 2020. source: EUROSTAT

Productivity in the Euro Area averaged 93.54 points from 1995 until 2020, reaching an all time high of 105 points in the second quarter of 2020 and a record low of 81.80 points in the first quarter of 1995. This page provides the latest reported value for - Euro Area Productivity - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Productivity - values, historical data and charts - was last updated on February of 2021.

Productivity in Euro Area is expected to be 101.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Euro Area to stand at 102.60 in 12 months time. In the long-term, the Euro Area Productivity is projected to trend around 103.00 points in 2021 and 107.00 points in 2022, according to our econometric models.

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Euro Area Productivity

Actual Previous Highest Lowest Dates Unit Frequency
102.90 105.00 105.00 81.80 1995 - 2020 points Quarterly
2015=100, SA

Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.30 8.30 12.10 7.20 percent [+]
Employed Persons 157.39 155.81 161.00 117.36 Million [+]
Unemployed Persons 13671.00 13616.00 19397.00 11457.00 Thousand [+]
Long Term Unemployment Rate 2.80 2.30 6.30 2.30 percent [+]
Youth Unemployment Rate 18.50 18.10 24.80 14.80 percent [+]
Labour Costs 105.00 115.00 115.00 83.40 points [+]
Productivity 102.90 105.00 105.00 81.80 points [+]
Wages 1876.00 1741.00 1884.00 1176.00 EUR/Month [+]
Wage Growth 2.20 4.50 4.50 0.80 percent [+]
Population 341.90 341.15 341.90 260.38 Million [+]
Employment Change 0.30 1.00 1.00 -3.00 percent [+]
Full Time Employment 115242.10 113877.30 118849.00 107485.60 Thousand [+]
Labor Force Participation Rate 56.80 55.50 57.60 55.00 percent [+]
Part Time Employment 30819.00 30427.60 31962.20 19769.20 Thousand [+]
Retirement Age Men 64.61 64.52 64.61 62.24 [+]
Retirement Age Women 64.29 64.20 64.29 61.66 [+]


Euro Area Productivity
In the Euro Area, productivity refers to real labour productivity per hour worked.