Productivity in European Union increased to 105.10 points in the first quarter of 2021 from 105 points in the fourth quarter of 2020. source: EUROSTAT

Productivity in European Union averaged 92.16 points from 1995 until 2021, reaching an all time high of 105.10 points in the first 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 July of 2021.

Productivity in European Union is expected to be 104.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in European Union to stand at 105.10 in 12 months time. In the long-term, the European Union Productivity is projected to trend around 106.00 points in 2022 and 107.00 points in 2023, according to our econometric models.

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European Union Productivity

Actual Previous Highest Lowest Dates Unit Frequency
105.10 105.00 105.10 75.50 1995 - 2021 points Quarterly
2015=100, SA

European Union Labour Last Previous Highest Lowest Unit
Unemployed Persons 15278.00 15380.00 24162.00 13476.00 Thousand [+]
Long Term Unemployment Rate 2.80 2.70 5.70 2.10 percent [+]
Labour Costs 106.90 117.50 117.50 83.00 points [+]
Unemployment Rate 7.30 7.40 11.50 6.40 percent [+]
Wage Growth 2.60 3.80 5.00 1.00 percent [+]
Youth Unemployment Rate 17.30 18.20 24.90 14.70 percent [+]
Labor Force Participation Rate 56.50 57.00 57.50 55.60 percent [+]
Part Time Employment 33946.70 34857.10 35922.60 31016.50 Thousand [+]
Population 447.32 446.45 447.32 354.53 Million [+]
Productivity 105.10 105.00 105.10 75.50 points [+]
Retirement Age Men 64.28 64.21 64.28 62.57 [+]
Retirement Age Women 63.44 63.31 63.44 61.24 [+]
Full Time Employment 155442.80 157608.20 160627.20 146066.10 Thousand [+]
Employed Persons 192164.00 191608.00 195220.00 170598.00 Thousand [+]
Employment Change -0.20 0.40 0.90 -2.80 percent [+]


European Union Productivity
In the European Union, productivity refers to real labour productivity per hour worked.