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Release: International Comparisons of Productivity, 2012 - Final Estimates

Released: 20 February 2014 (Latest) Next edition: October 14 (provisional date)

Contact

Bhavik Patel

Office of the Chief Economic Adviser

productivity@ons.gsi.gov.uk

Telephone: +44 (0)1633 455378                                                                                                                                                                #UKproductivity

Categories: Economy, Prices, Output and Productivity, Productivity Measures

Frequency of release: Biannually

Language: English

Geographical coverage: International

Geographical breakdown: UK

  • Output per hour in the UK was 21 percentage points below the average for the rest of the major G7 industrialised economies in 2012, the widest productivity gap since 1992. On an output per worker basis, UK productivity was 25 percentage points below the average for the rest of the G7 in 2012.

  • UK output per hour and output per worker fell in 2012 compared with 2011. By contrast, output per hour was unchanged in 2012 on average across the rest of the G7, and output per worker increased slightly.

  • In 2012 UK output per hour was 3 percentage points below its level in the pre-recession year of 2007, and 16 percentage points below the counterfactual level had productivity grown at its average rate before the recession. This compares with a productivity gap in 2012 of around 5 percentage points for the rest of the G7.

UK output per unit of labour input, relative to other major economies.

These National Statistics are produced to high professional standards and released according to the arrangements approved by the UK Statistics Authority.

Content from the Office for National Statistics.
© Crown Copyright applies unless otherwise stated.