Productivity in European Union decreased to 105.21 points in the first quarter of 2022 from 105.38 points in the fourth quarter of 2021. source: EUROSTAT

Productivity in European Union averaged 92.65 points from 1995 until 2022, reaching an all time high of 105.38 points in the fourth quarter of 2021 and a record low of 75.50 points in the first quarter of 1995. This page provides - European Union Productivity - actual values, historical data, forecast, chart, statistics, economic calendar and news. European Union Productivity - values, historical data and charts - was last updated on August of 2022.

Productivity in European Union is expected to be 105.20 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the European Union Productivity is projected to trend around 106.20 points in 2023 and 106.70 points in 2024, according to our econometric models.

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European Union Productivity

Related Last Previous Unit Reference
Unemployed Persons 12931.00 13066.00 Thousand Jun 2022
Long Term Unemployment Rate 2.60 2.60 percent Mar 2022
Labour Costs 120.30 110.00 points Dec 2021
Unemployment Rate 6.00 6.00 percent Jun 2022
Youth Unemployment Rate 13.60 13.30 percent Jun 2022
Productivity 105.21 105.38 points Mar 2022
Employment Change 0.40 0.40 percent Mar 2022
Employed Persons 195061.00 195503.00 Thousand Mar 2022
Full Time Employment 160668.50 161051.70 Thousand Dec 2021
Population 447.00 447.32 Million Dec 2021
Part Time Employment 34716.60 34187.10 Thousand Dec 2021
Wage Growth 2.00 2.80 percent Dec 2021
Labor Force Participation Rate 74.30 73.60 percent Sep 2021

European Union Productivity
In the European Union, productivity refers to real labour productivity per hour worked.
Actual Previous Highest Lowest Dates Unit Frequency
105.21 105.38 105.38 75.50 1995 - 2022 points Quarterly
2015=100, SA