Labour productivity in the UK, as measured by output per hour, fell by 0.6 percent quarter-on-quarter in the three months to March 2019, the biggest decline since the last quarter of 2015, and following a 0.3 percent gain in the previous period, a preliminary estimate showed. In contrast, output growth increased by 0.2 percent. Year-on-year, productivity dropped 0.2 percent, the third consecutive fall. Productivity in the United Kingdom averaged 75.60 Index Points from 1971 until 2018, reaching an all time high of 101.80 Index Points in the fourth quarter of 2017 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 3.80 3.90 12.00 3.40 percent [+]
Employed Persons 32697.00 32721.00 32721.00 23630.00 Thousand [+]
Unemployed Persons 1085.20 1060.50 3090.00 422.60 Thousand [+]
Part Time Employment 8586.00 8575.00 8636.00 5995.00 Thousand [+]
Full Time Employment 24110.00 24146.00 24146.00 19136.00 Thousand [+]
Employment Rate 76.10 76.10 76.10 65.60 percent [+]
Claimant Count Change 24.70 22.60 142.80 -98.50 Thousand [+]
Labor Force Participation Rate 79.20 79.30 79.30 74.10 percent [+]
Long Term Unemployment Rate 1.10 1.00 4.30 0.90 percent [+]
Youth Unemployment Rate 10.20 10.50 22.30 9.70 percent [+]
Labour Costs 105.60 104.80 105.60 20.70 Index Points [+]
Productivity 101.70 101.40 101.80 43.10 Index Points [+]
Job Vacancies 846.00 850.00 861.00 432.00 Thousand [+]
Wages 528.00 529.00 530.00 300.00 GBP/Week [+]
Wage Growth 3.20 3.50 6.60 -2.60 percent [+]
Wages in Manufacturing 603.00 606.00 609.00 356.00 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 99.00 179.00 311.00 -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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
101.70 101.40 101.80 43.10 1971 - 2018 Index Points Quarterly
SA, 2015=100




Country Last Previous
Australia 100.30 Dec/18
Brazil 113.52 Mar/19
Canada 106.22 Dec/18
Euro Area 105.10 Mar/19
France 103.16 Dec/18
Germany 99.70 Mar/19
Japan 98.10 Feb/19
Mexico 110.00 Feb/19
Netherlands 105.11 Dec/18
Russia 1.50 Dec/17
Singapore 117.00 Dec/18
South Korea 111.50 Dec/18
Spain 101.80 Mar/19
Switzerland 101.99 Dec/18
United Kingdom 101.70 Dec/18
United States 106.99 Mar/19


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