Productivity in Australia increased to 100.10 Index Points in the third quarter of 2019 from 99.90 Index Points in the second quarter of 2019. Productivity in Australia averaged 81.10 Index Points from 1968 until 2019, reaching an all time high of 104.21 Index Points in the fourth quarter of 1976 and a record low of 55.70 Index Points in the third quarter of 1978. source: Australian Bureau of Statistics

Productivity in Australia is expected to be 100.50 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Australia to stand at 100.80 in 12 months time. In the long-term, the Australia Productivity is projected to trend around 101.79 Index Points in 2020, according to our econometric models.

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Australia Productivity

Actual Previous Highest Lowest Dates Unit Frequency
100.10 99.90 104.21 55.70 1968 - 2019 points Quarterly
SA, 2010-2011=100


Australia Productivity
In Australia, Productivity is the real value of output produced by a unit of labor during a certain time.

Australia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.20 5.30 11.20 4.00 percent [+]
Employed Persons 12954.44 12919.19 12954.44 5997.67 Thousand [+]
Unemployed Persons 708.10 724.89 960.16 364.70 Thousand [+]
Part Time Employment 35698.00 -14319.00 72514.00 -73096.00 Persons [+]
Full Time Employment 4158.00 -10463.00 74789.00 -80833.00 Persons [+]
Employment Change 39856.00 -24782.00 99155.00 -74924.00 Persons [+]
Labor Force Participation Rate 66.00 66.00 66.20 60.10 percent [+]
Youth Unemployment Rate 11.50 12.50 20.10 7.60 percent [+]
Labour Costs 104.20 103.40 104.20 43.30 points [+]
Productivity 100.10 99.90 104.21 55.70 points [+]
Job Vacancies 237.10 236.50 244.90 28.40 Thousand [+]
Job Advertisements 142569.00 152817.00 258085.00 69799.00 [+]
Wages 1237.90 1225.30 1237.90 59.10 AUD/Week [+]
Wage Growth 2.20 2.30 4.30 1.90 percent [+]
Wages In Manufacturing 1338.30 1340.30 1340.30 333.00 AUD/Week [+]
Minimum Wages 740.80 719.20 740.80 522.12 AUD/week [+]
Population 25.18 24.70 25.18 10.39 Million [+]
Retirement Age Women 65.50 65.50 65.50 62.00 [+]
Retirement Age Men 65.50 65.50 65.50 65.00 [+]
Living Wage Family 2790.00 2920.00 2920.00 2770.00 AUD/Month [+]
Living Wage Individual 1770.00 1820.00 1820.00 1750.00 AUD/Month [+]
Wages High Skilled 6120.00 6250.00 6250.00 6120.00 AUD/Month [+]
Wages Low Skilled 2710.00 2670.00 2710.00 2670.00 AUD/Month [+]
Employment Rate 62.60 62.50 62.90 54.00 percent [+]