Labour productivity in the UK, as measured by output per hour, decreased 0.4 percent on quarter in the three months to September 2018, following a 0.5 percent growth in the previous period and matching preliminary estimates. It reflected an increase in the number of actual hours worked, which outpaced output growth for the quarter. Year-on-year, labour productivity went up 0.2 percent, the least since the third quarter of 2016, above earlier estimates of a 0.1 percent gain but below 1.6 percent rise in the previous period. Productivity in manufacturing went up 1.7 percent, while the significantly larger services only grew 0.1 percent. Productivity in the United Kingdom averaged 75.45 Index Points from 1971 until 2018, reaching an all time high of 101.80 Index Points in the second quarter of 2018 and a record low of 43.10 Index Points in the first quarter of 1971.

Productivity in the United Kingdom is expected to be 102.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in the United Kingdom to stand at 104.00 in 12 months time. In the long-term, the United Kingdom Productivity is projected to trend around 108.00 Index Points in 2020, according to our econometric models.

United Kingdom Productivity
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-14 08:30 AM Labour Productivity QoQ Prel 0.4% -0.4% 0.3%
2018-10-05 08:30 AM Labour Productivity QoQ Final 0.5% -0.6% 0.4% 0.4%
2018-11-13 09:30 AM Labour Productivity QoQ Prel -0.4% 0.5% 0.3%
2019-01-09 09:30 AM Labour Productivity QoQ Final -0.4% 0.5% -0.4% -0.4%


United Kingdom Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.00 4.10 12.00 3.40 percent [+]
Employed Persons 32535.00 32476.00 32535.00 23630.00 Thousand [+]
Unemployed Persons 1016.30 992.60 3090.00 422.60 Thousand [+]
Part Time Employment 8508.00 8475.00 8636.00 5995.00 Thousand [+]
Full Time Employment 23968.00 23934.00 23968.00 19136.00 Thousand [+]
Employment Rate 75.80 75.70 75.80 65.60 percent [+]
Claimant Count Change 20.80 24.80 142.80 -98.50 Thousand [+]
Labor Force Participation Rate 79.00 79.00 79.00 74.10 percent [+]
Long Term Unemployment Rate 1.00 1.10 4.30 0.90 percent [+]
Youth Unemployment Rate 11.40 11.20 22.30 9.70 percent [+]
Productivity 101.40 101.80 101.80 43.10 Index Points [+]
Labour Costs 104.80 103.90 104.80 20.70 Index Points [+]
Job Vacancies 853.00 851.00 853.00 432.00 Thousand [+]
Wages 527.00 528.00 528.00 300.00 GBP/Week [+]
Wage Growth 3.40 3.30 6.60 -2.60 percent [+]
Wages in Manufacturing 603.00 605.00 605.00 356.00 GBP/Week [+]
Minimum Wages 8.21 7.83 8.21 5.05 GBP/Hour [+]
Population 66.19 65.81 66.19 52.20 Million [+]
Retirement Age Women 65.50 65.00 65.50 60.00 [+]
Retirement Age Men 65.50 65.00 65.50 65.00 [+]
Living Wage Family 1300.00 1230.00 1300.00 1180.00 GBP/Month [+]
Living Wage Individual 895.00 850.00 900.00 785.00 GBP/Month [+]
Wages Low Skilled 1320.00 1180.00 1320.00 1180.00 GBP/Month [+]
Wages High Skilled 2330.00 2110.00 2460.00 2110.00 GBP/Month [+]
Average Weekly Hours 32.20 32.20 33.50 31.30 Hours [+]
Employment Change 141.00 79.00 307.00 -279.00 Thousand [+]


United Kingdom Productivity

In the United Kingdom, Productivity is the real value of output produced by a unit of labor during a certain time. This page provides the latest reported value for - United Kingdom Productivity - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Productivity - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
101.40 101.80 101.80 43.10 1971 - 2018 Index Points Quarterly
SA, 2015=100




Country Last Previous
Australia 100.70 Sep/18
Brazil 105.58 Nov/18
Canada 105.70 Sep/18
Euro Area 105.30 Sep/18
France 118.72 Sep/18
Germany 100.00 Nov/18
Italy 104.90 Dec/17
Japan 104.90 Oct/18
Mexico 107.60 Nov/18
Netherlands 33.88 Sep/18
Russia 1.50 Dec/17
Singapore 108.30 Sep/18
South Korea 109.80 Sep/18
Spain 111.70 Sep/18
Switzerland 103.70 Sep/18
United Kingdom 101.40 Sep/18
United States 105.69 Sep/18


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