United Kingdom Productivity  1971-2018 | Data | Chart | Calendar

UK labour productivity, as measured by output per hour, decreased 0.4 percent on quarter in the three months to March 2018, compared with a preliminary reading of 0.5 percent fall and following a downwardly revised 0.6 percent growth in the previous period. This was the first quarterly fall in output per hour since the second quarter of 2017, as a result of continued strength in employment growth combined with weaker output growth. Labour productivity fell in both services (-0.2 percent vs 0.3 percent in Q4) and manufacturing industries (-1.7 percent vs 2.5 percent). Year-on-year, labour productivity grew by 0.9 percent in the first quarter, remaining noticeably below the long-term trend observed before 2008 when productivity growth averaged nearly 2 percent per annum. Productivity in the United Kingdom averaged 75.17 Index Points from 1971 until 2018, reaching an all time high of 101.60 Index Points in the fourth quarter of 2017 and a record low of 43.10 Index Points in the first quarter of 1971.

United Kingdom Productivity
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United Kingdom Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.20 4.20 12.00 3.40 percent [+]
Employed Persons 32399.00 32394.00 32399.00 23630.00 Thousand [+]
Unemployed Persons 898.70 890.90 3090.00 422.60 Thousand [+]
Part Time Employment 8542.00 8636.00 8636.00 5995.00 Thousand [+]
Full Time Employment 23856.00 23758.00 23856.00 19136.00 Thousand [+]
Employment Rate 75.70 75.60 75.70 65.60 percent [+]
Claimant Count Change 7.80 -3.00 142.80 -98.50 Thousand [+]
Labor Force Participation Rate 79.00 79.00 79.00 74.10 percent [+]
Long Term Unemployment Rate 1.10 1.10 4.30 0.90 percent [+]
Youth Unemployment Rate 11.50 11.80 22.30 9.70 percent [+]
Productivity 101.20 101.60 101.60 43.10 Index Points [+]
Labour Costs 103.80 103.00 103.80 20.70 Index Points [+]
Job Vacancies 824.00 817.00 824.00 432.00 Thousand [+]
Wages 517.00 516.00 517.00 300.00 GBP/Week [+]
Wage Growth 2.50 2.60 6.60 -2.60 percent [+]
Wages in Manufacturing 601.00 602.00 602.00 356.00 GBP/Week [+]
Minimum Wages 7.83 7.50 7.83 5.05 GBP/Hour [+]
Population 66.19 65.81 66.19 52.20 Million [+]
Retirement Age Women 65.00 64.17 65.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Living Wage Family 1280.00 1220.00 1280.00 1170.00 GBP/Month [+]
Living Wage Individual 970.00 920.00 970.00 840.00 GBP/Month [+]
Wages Low Skilled 1330.00 1280.00 1330.00 1220.00 GBP/Month [+]
Wages High Skilled 2210.00 2110.00 2210.00 2110.00 GBP/Month [+]
Average Weekly Hours 31.90 31.80 33.50 31.30 Hours [+]
Employment Change 137.00 146.00 307.00 -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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
101.20 101.60 101.60 43.10 1971 - 2018 Index Points Quarterly
SA, 2015=100




productivity by Country
Country Last
Australia 100.90 Mar/18
Brazil 105.74 May/18
Canada 109.22 Mar/18
Euro Area 105.30 Mar/18
France 118.60 Mar/18
Germany 104.60 May/18
Italy 104.90 Dec/17
Japan 96.70 Apr/18
Mexico 108.30 Apr/18
Netherlands 32.80 Mar/18
Russia -0.20 Dec/16
South Korea 109.70 Dec/17
Spain 103.70 Mar/18
Switzerland 102.90 Mar/18
United Kingdom 101.20 Mar/18
United States 109.05 Mar/18


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