Productivity In the Euro Area increased to 104.80 points in the first quarter of 2021 from 104.30 points in the fourth quarter of 2020. source: EUROSTAT

Productivity in the Euro Area averaged 93.74 points from 1995 until 2021, reaching an all time high of 105.10 points in the second quarter of 2020 and a record low of 81.70 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 August of 2021.

Productivity in Euro Area is expected to be 104.00 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 104.20 in 12 months time. In the long-term, the Euro Area Productivity is projected to trend around 105.00 points in 2022 and 107.00 points in 2023, according to our econometric models.

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Euro Area Productivity

Actual Previous Highest Lowest Dates Unit Frequency
104.80 104.30 105.10 81.70 1995 - 2021 points Quarterly
2015=100, SA

Euro Area Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.70 8.00 12.10 7.10 percent [+]
Employed Persons 157.62 157.95 161.04 117.36 Million [+]
Unemployed Persons 12517.00 12940.00 19437.00 11478.00 Thousand [+]
Long Term Unemployment Rate 3.20 3.20 6.30 2.50 percent [+]
Youth Unemployment Rate 17.30 17.50 24.90 14.80 percent [+]
Labour Costs 104.70 116.40 116.40 83.40 points [+]
Productivity 104.80 104.30 105.10 81.70 points [+]
Wages 1901.00 1876.00 1901.00 1177.00 EUR/Month [+]
Wage Growth 2.20 3.50 5.00 0.80 percent [+]
Population 342.41 341.52 342.41 260.38 Million [+]
Employment Change -0.30 0.40 1.00 -3.00 percent [+]
Full Time Employment 113810.60 115138.10 118849.00 107485.60 Thousand [+]
Retirement Age Men 64.61 64.52 64.61 62.24 [+]
Retirement Age Women 64.29 64.20 64.29 61.66 [+]
Part Time Employment 30507.40 31184.10 31911.20 19769.20 Thousand [+]
Labor Force Participation Rate 56.90 56.90 57.50 55.00 percent [+]


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