Productivity in European Union decreased to 103.40 points in the fourth quarter of 2019 from 103.50 points in the third quarter of 2019.

Productivity in European Union averaged 91.61 points from 1995 until 2019, reaching an all time high of 103.50 points in the third quarter of 2019 and a record low of 75.40 points in the first quarter of 1995. This page provides - European Union Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Productivity - values, historical data and charts - was last updated on October of 2020. source: Eurostat

Productivity in European Union is expected to be 100.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in European Union to stand at 100.60 in 12 months time. In the long-term, the European Union Productivity is projected to trend around 101.00 points in 2021 and 102.50 points in 2022, according to our econometric models.

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European Union Productivity

Actual Previous Highest Lowest Dates Unit Frequency
103.40 103.50 103.50 75.40 1995 - 2019 points Quarterly
2015=100, SA

European Union Labour Last Previous Highest Lowest Unit
Unemployed Persons 15349.00 15333.00 26638.00 15333.00 Thousand [+]
Long Term Unemployment Rate 2.40 2.40 5.30 2.40 percent [+]
Labour Costs 113.30 105.90 113.30 84.20 points [+]
Unemployment Rate 7.40 7.30 11.50 6.50 percent [+]
Wage Growth 2.80 3.20 3.60 0.90 percent [+]
Youth Unemployment Rate 14.20 14.10 24.10 14.10 percent [+]
Labor Force Participation Rate 58.30 58.30 58.30 56.30 percent [+]
Part Time Employment 43412.00 42974.60 43645.00 31484.60 Thousand [+]
Population 513.47 512.37 513.47 406.73 Million [+]
Productivity 103.40 103.50 103.50 75.40 points [+]
Retirement Age Men 64.28 64.21 64.28 62.57 [+]
Retirement Age Women 63.44 63.31 63.44 61.24 [+]
Employed Persons 230356.80 231342.70 232104.10 213005.80 Thousand [+]
Employment Change 0.30 0.00 0.60 -0.70 percent [+]
Full Time Employment 183979.60 184150.10 184150.10 167275.40 Thousand [+]


European Union Productivity
In the European Union, productivity refers to real labour productivity per hour worked.