Labor productivity in the UK as measured by output per hour decreased by 0.7% on quarter in the first three months of 2022, following a 1.3% increase in the previous period, preliminary estimates showed. However, it remains 1.9% above its pre-coronavirus pandemic levels. This improvement compared with the pre-coronavirus pandemic peak does not appear to be significantly different to that which can be projected using the 2009 to 2019 trend, suggesting that no fundamental change in productivity behaviour resulting from the coronavirus pandemic is yet visible in these data. The quarter-on-quarter fall was driven by a 1.4% increase in hours worked. Hours worked grew faster than GVA over the quarter but remained 1.0% below their pre-coronavirus pandemic level. GVA was 0.9% above pre-coronavirus pandemic levels. source: Office for National Statistics

Productivity in the United Kingdom averaged 76.14 points from 1971 until 2022, reaching an all time high of 106 points in the third quarter of 2020 and a record low of 43.30 points in the first quarter of 1971. 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 - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

Productivity in the United Kingdom is expected to be 102.50 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Productivity is projected to trend around 102.90 points in 2023 and 103.20 points in 2024, according to our econometric models.

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United Kingdom Productivity



Calendar GMT Actual Previous Consensus TEForecast
2022-04-07 08:30 AM Labour Productivity QoQ Final Q4 1.3% -1.5% 1%
2022-05-17 06:00 AM Labour Productivity QoQ Prel Q1 -0.7% 1.3% 0.4%


Related Last Previous Unit Reference
Unemployment Rate 3.80 3.70 percent Apr 2022
Unemployed Persons 1584.20 1603.90 Thousand May 2022
Employed Persons 32707.00 32632.00 Thousand Mar 2022
Full Time Employment 24562.00 24517.00 Thousand Mar 2022
Part Time Employment 8145.00 8115.00 Thousand Mar 2022
Claimant Count Change -19.70 -65.50 Thousand May 2022
Employment Rate 75.60 75.60 percent Mar 2022
Labor Force Participation Rate 78.70 78.60 percent Mar 2022
Youth Unemployment Rate 10.80 10.60 percent Mar 2022
Productivity 101.90 102.60 points Mar 2022
Labour Costs 109.60 109.70 points Dec 2021
Job Vacancies 1300.00 1296.00 Thousand Apr 2022
Wages 604.00 615.00 GBP/Week Apr 2022
Wages in Manufacturing 655.00 670.00 GBP/Week Apr 2022
Wage Growth 6.80 7.00 percent Apr 2022
Population 67.08 66.80 Million Dec 2020
Non Farm Payrolls 29559.00 29524.00 Thousand Mar 2022
Average Weekly Hours 31.90 32.00 Hours Mar 2022
Employment Change 177.00 83.00 Thousand Mar 2022

United Kingdom Productivity
In the United Kingdom, Productivity is the real value of output produced by a unit of labor during a certain time.
Actual Previous Highest Lowest Dates Unit Frequency
101.90 102.60 106.00 43.30 1971 - 2022 points Quarterly
SA, 2019=100

News Stream
UK Productivity Drops in Q1
Labor productivity in the UK as measured by output per hour decreased by 0.7% on quarter in the first three months of 2022, following a 1.3% increase in the previous period, preliminary estimates showed. However, it remains 1.9% above its pre-coronavirus pandemic levels. This improvement compared with the pre-coronavirus pandemic peak does not appear to be significantly different to that which can be projected using the 2009 to 2019 trend, suggesting that no fundamental change in productivity behaviour resulting from the coronavirus pandemic is yet visible in these data. The quarter-on-quarter fall was driven by a 1.4% increase in hours worked. Hours worked grew faster than GVA over the quarter but remained 1.0% below their pre-coronavirus pandemic level. GVA was 0.9% above pre-coronavirus pandemic levels.
2022-05-17
UK Productivity Recovers More than Initially Thought
Labor productivity in the UK as measured by output per hour increased 1.3% on quarter in the last three months of 2021, more than preliminary estimates of 1% and the most since Q3 2020. Output per hour was 2.6% higher than the average level in 2019, prior to the coronavirus pandemic. Meanwhile, output per worker increased by 1.4% quarter-on-quarter to rise above 2019 levels for the first time since the coronavirus pandemic began.
2022-04-07
UK Productivity Recovers in Q4
Labor productivity in the UK as measured by output per hour increased 1% on quarter in the last three months of 2021, the biggest increase since Q3 2020, and following an upwardly revised 1.5% drop in the previous period, preliminary estimates showed. Quarter 4 2021 was the first quarter since before the coronavirus pandemic in which there were no workers on the Coronavirus Job Retention Scheme. Despite this, total hours worked in the economy were unchanged compared with the previous quarter, suggesting a fall in average working hours of those not on furlough. In contrast, GVA went up 1% with no change in hours worked. Output per hour worked was 2.3% above pre-coronavirus pandemic levels.
2022-02-15