Labor productivity in the United Kingdom, as measured by output per hour worked, grew 0.3% on quarter in the three months to December 2022, the same as in the previous period, preliminary estimates showed. Productivity was also 1.9% above its pre-coronavirus (COVID-19) pandemic levels, due to a 1.6% decrease in the number of hours worked and an increase by 0.4% in gross value added (GVA) over that period. Year-on-year, labor productivity fell by 0.1% during the fourth quarter as GVA grew by 0.4% in comparison with growth of 0.6% in the number of hours worked. source: Office for National Statistics

Productivity in the United Kingdom averaged 77.36 points from 1971 until 2022, reaching an all time high of 103.90 points in the third quarter of 2020 and a record low of 45.50 points in the first quarter of 1971. 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 - data, historical chart, forecasts and calendar of releases - was last updated on March of 2023.

Productivity in the United Kingdom is expected to be 102.60 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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United Kingdom Productivity



Calendar GMT Actual Previous Consensus TEForecast
2023-01-26 09:30 AM Labour Productivity QoQ Final Q3 0.1% 0.1% 0.2%
2023-02-14 07:00 AM Labour Productivity QoQ Prel Q4 0.3% 0.3% -0.3%


Related Last Previous Unit Reference
Unemployment Rate 3.70 3.70 percent Jan 2023
Unemployed Persons 1497.90 1509.10 Thousand Feb 2023
Employed Persons 32839.00 32813.00 Thousand Dec 2022
Full Time Employment 24504.00 24536.00 Thousand Dec 2022
Part Time Employment 8335.00 8277.00 Thousand Dec 2022
Claimant Count Change -11.20 -30.30 Thousand Feb 2023
Employment Rate 75.70 75.60 percent Dec 2022
Labor Force Participation Rate 78.70 78.60 percent Dec 2022
Youth Unemployment Rate 10.80 11.30 percent Dec 2022
Productivity 101.60 101.50 points Sep 2022
Labour Costs 111.50 110.60 points Jun 2022
Job Vacancies 1124.00 1133.00 Thousand Jan 2023
Wages 630.00 630.00 GBP/Week Jan 2023
Wages in Manufacturing 692.00 690.00 GBP/Week Jan 2023
Wage Growth 5.70 6.00 percent Jan 2023
Population 67.53 67.08 Million Dec 2021
Non Farm Payrolls 97.90 42.20 Thousand Feb 2023
Employment Change 65.00 74.00 Thousand Dec 2022
Average Weekly Hours 31.80 31.60 Hours Dec 2022

United Kingdom Productivity
In the United Kingdom, Productivity is the real value of output produced by a unit of labor during a certain time.
Actual Previous Highest Lowest Dates Unit Frequency
101.60 101.50 103.90 45.50 1971 - 2022 points Quarterly
SA, 2019=100

News Stream
UK Productivity Growth Steady at 0.3% in Q4
Labor productivity in the United Kingdom, as measured by output per hour worked, grew 0.3% on quarter in the three months to December 2022, the same as in the previous period, preliminary estimates showed. Productivity was also 1.9% above its pre-coronavirus (COVID-19) pandemic levels, due to a 1.6% decrease in the number of hours worked and an increase by 0.4% in gross value added (GVA) over that period. Year-on-year, labor productivity fell by 0.1% during the fourth quarter as GVA grew by 0.4% in comparison with growth of 0.6% in the number of hours worked.
2023-02-14
UK Q3 Labor Productivity Revised Lower
Labor productivity in the United Kingdom, as measured by output per hour worked, rose by 0.1 percent on quarter in the three months to September 2022, revised from a preliminary estimate of a 0.2 percent increase and compared with a 0.1 percent advance in the previous period. It was also 1.6 percent above its pre-coronavirus (COVID-19) pandemic levels. The latest 0.1 percent increase in productivity reflected a 0.4 percent drop in hours worked and a 0.3 percent contraction in gross value added. Year-on-year, labor productivity grew by 0.9 percent during the third quarter. Over the same period, output per worker and output per job grew by 1.4 percent and 1.2 percent, respectively, which suggested there was little movement in the ratio of jobs to workers during this period and reflects how both metrics performed through the coronavirus pandemic period.
2023-01-26
UK Productivity Growth Slows to 0.2% QoQ in Q3
Labor productivity in the United Kingdom, as measured by output per hour worked, rose by 0.2% on quarter in the three months to September 2022, easing from a 0.3% growth in the previous period, preliminary estimates showed. It was also 2% above its pre-coronavirus (COVID-19) pandemic levels. It reflects a 0.4% drop in hours worked and a 0.2% fall in gross value added. Year-on-year, labor productivity grew by 1.4% during the third quarter as GVA grew by 2.4% in comparison with growth of 0.9% in the number of hours worked.
2022-11-16