Labour productivity in the UK, as measured by output per hour, fell by 0.5 percent quarter-on-quarter in the three months to March 2019, down from a preliminary 0.6 percent decrease and following a 0.3 percent rise in the previous period. It was the biggest decline since the last quarter of 2015, as labour productivity in services dropped (-0.5 percent vs 0.5 percent in Q4) and in manufacturing fell further (-0.5 percent vs -0.3 percent). Year-on-year, productivity went down 0.2 percent, the third consecutive fall. Productivity in the United Kingdom averaged 75.73 Index Points from 1971 until 2019, 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 103.00 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 105.00 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
2019-02-19 09:30 AM Labour Productivity QoQ Prel Q4 0.2% -0.4% 0.5%
2019-04-05 08:30 AM Labour Productivity QoQ Final Q4 0.3% -0.2% 0.2%
2019-05-14 08:30 AM Labour Productivity QoQ Prel Q1 -0.6% 0.3% -0.2%
2019-07-05 08:30 AM Labour Productivity QoQ Final Q1 -0.5% 0.3% -0.6%


United Kingdom Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.80 3.80 12.00 3.40 percent [+]
Employed Persons 32749.00 32746.00 32749.00 23630.00 Thousand [+]
Unemployed Persons 1142.10 1104.10 3090.00 422.60 Thousand [+]
Part Time Employment 8661.00 8597.00 8661.00 5995.00 Thousand [+]
Full Time Employment 24088.00 24149.00 24149.00 19136.00 Thousand [+]
Employment Rate 76.00 76.10 76.10 65.60 percent [+]
Claimant Count Change 38.00 24.50 142.80 -98.50 Thousand [+]
Labor Force Participation Rate 79.10 79.20 79.30 74.10 percent [+]
Long Term Unemployment Rate 1.00 1.00 4.30 0.90 percent [+]
Youth Unemployment Rate 11.00 10.40 22.30 9.70 percent [+]
Labour Costs 105.50 105.60 105.60 20.70 Index Points [+]
Productivity 101.20 101.70 101.80 43.10 Index Points [+]
Job Vacancies 827.00 837.00 861.00 432.00 Thousand [+]
Wages 536.00 534.00 536.00 300.00 GBP/Week [+]
Wages in Manufacturing 615.00 614.00 615.00 356.00 GBP/Week [+]
Wage Growth 3.40 3.20 6.60 -2.60 percent [+]
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 32.10 32.20 33.50 31.30 Hours [+]
Employment Change 28.00 32.00 311.00 -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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
101.20 101.70 101.80 43.10 1971 - 2019 Index Points Quarterly
SA, 2015=100




Country Last Previous
Australia 99.90 Mar/19
Brazil 116.60 May/19
Canada 105.97 Mar/19
Euro Area 105.10 Mar/19
France 103.70 Mar/19
Germany 99.30 May/19
Japan 95.50 Apr/19
Mexico 110.00 Feb/19
Netherlands 105.92 Mar/19
Russia 1.50 Dec/17
Singapore 110.80 Mar/19
South Korea 111.50 Dec/18
Spain 101.80 Mar/19
Switzerland 102.54 Mar/19
United Kingdom 101.20 Mar/19
United States 106.96 Mar/19


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