Productivity

Information about Productivity

Published on September 7, 2007

Author: Belly

Source: authorstream.com

Content

Total productivity in some OECD countries:  Total productivity in some OECD countries Average annual growth, percent % DM 36097 and 36054 11-2006 Copyright © Tekes Source: OECD Productivity database The comparison is based on figures harmonized by prices of ICT products. Income and productivity levels in 2005:  Income and productivity levels in 2005 Percentage gap with respect to US GDP per capita = + -70 -60 -50 -40 -30 -20 -10 0 -60 -50 -40 -30 -20 -10 0 10 -30 -20 -10 0 10 1. Based on hours worked per capita. Source: OECD Compendium of Productivity Indicators, 2006 DM 3609, 36054 and 218475 11-2006 Copyright © Tekes Effect of labour 1 utilisation Percentage gap with respect to US GDP per hour worked Norway Ireland Switzerland Iceland Netherlands Denmark Canada Australia Austria Sweden Belgium Great Britain Finland Japan France Germany OECD Italy Spain New Zealand Greece South Korea Czechia Portugal Hungary GDP per capita:  GDP per capita DM 36095, 36097 and 218475 08-2006 Copyright © Tekes USD in current prices and PPPs GDP in Finland has grown at a rate faster than the OECD average both before and after the recession. 35,000 30,000 25,000 20,000 15,000 10,000 5,000 0 Figures for Finland according to new calculations from Statistics Finland. Sources:: For Finland: ETLA 2006; for OECD: OECD Total productivity by branch:  1975 = 100 Total productivity by branch DM 36097 06-2005 Copyright © Tekes Tele- communication Real estate and business services Total national economy Source: Statistics Finland Labour productivity:  Labour productivity DM 36097 and 36054 06-2005 Copyright © Tekes Source: Statistics Finland GDP per hour worked, USA 2004 = 100 Labour productivity - GDP per hour worked2002:  Labour productivity - GDP per hour worked 2002 Euros Corrected for purchasing power at going rates DM 36097 and 36054 12-2004 Copyright © Tekes Source: EU: Science, Technology and Innovation-Key Figures 2003-2004 *) 2001 Growth in labour productivity 1990-2004:  Growth in labour productivity 1990-2004 Source: OECD Science, Technology and Industry Scoreboard 2005 % GDP per hour worked, annual change The whole national economy DM 36097, 36054 and 218475 11-2006 Copyright © Tekes 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 5.0 Contribution of key sectors to labour productivity growth :  Contribution of key sectors to labour productivity growth DM 36097 and 36054 01-2006 Copyright © Tekes Contribution to average annual growth rates, 1990-2003 (Non-agricultural business sector) % Source: OECD, Science, Technology and Industry Scoreboard 2005 4.5 3.5 2.5 1.5 0.5 -0.5 Contribution to labour productivity growth by branch:  Contribution to labour productivity growth by branch Source: OECD Science, Technology and Industry Scoreboard 2005 % DM 36097, 36054 and 218475 08-2006 Copyright © Tekes GDP per hour worked, annual change Average annual growth 1995-2003 -1.0 -0.5 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 GDP and labour productivity in Finland:  GDP and labour productivity in Finland Change in GDP volume, % % Source: Statistics Finland DM 36097 06-2005 Copyright © Tekes Change in labour productivity, % 2003 are estimates Average growth of labour productivity in manufacturing, construction and private services in Finland in 1995-2003:  Average growth of labour productivity in manufacturing, construction and private services in Finland in 1995-2003 % Source: Statistics Finland DM 36097 and 218475 09-2006 Copyright © Tekes Volume index of industrial production:  Volume index of industrial production DM 36097, 36054 and 218475 08-2006 Copyright © Tekes Sources: Eurostat, Statistics Finland, 12 month moving average 1995=100 Industrial production has grown faster in Finland than in other developed nations. Labour productivity in industry:  Labour productivity in industry Source: GGDC, Groningen University, October 2005 Real value added per hour worked in 1980-2003 Euro/hour worked Real prices, USA dollar at rates of 1999 DM 36097, 36054 and 218475 08-2006 Copyright © Tekes Labour productivity in Finnish industries compared to USA :  Labour productivity in Finnish industries compared to USA Real value added per hour worked DM 36097 and 218475 11-2006 Copyright © Tekes Sources: GGDC, Groningen University, October 2005 and Statistics Finland Pulp, paper and paper products Telecommunication equipment Wood and products of wood Textiles Scientific instruments Total manufacturing Building and repairing of ships Mechanical engineering Furniture Fabricated metal products Food, drink and tobacco Chemicals Labour productivity in Finnish private servicescompared to USA:  Labour productivity in Finnish private services compared to USA Nearly all private services in Finland have lower productivity than those in the United States. DM 36097 and 218475 11-2006 Copyright © Tekes Real value added per working hour Source: GGDC, Groningen University, October 2005 Computer and related activities Water transport Activities auxiliary to financial intermediation Research and development Legal, technical and advertising Retail trade Real estate activities Insurance and pension funding Sale and repair of motor vehicles Financial intermediation Inland transport Hotels andamp; catering Other business activities Other community, social and personal services Wholesale trade and commission trade Renting of machinery and equipment Communications Air transport Labour productivity in Finnish manufacturingcompared to USA:  Labour productivity in Finnish manufacturing compared to USA Real value added per hour worked in 1980-2003 The productivity of industrial work has on average grown faster in Finland than in the US. DM 36097 and 218475 09-2006 Copyright © Tekes Sources: GGDC, Groningen University, Statistics Finland 2005 Labour productivity in industry by branch:  Labour productivity in industry by branch Most productive branches DM 36097 06-2005 Copyright © Tekes Source: Statistics Finland Electro technical Processing of metals Pulp and paper Timber INDUSTRY 1975 = 100 Labour productivity in industry by branch:  Labour productivity in industry by branch INDUSTRY Rubber and plastics Metal products Chemicals Oil products Food Machines and machinery Non-metallic minerals Textiles and clothing Publishing and printing Vehicles Other branches DM 36097 06-2005 Copyright © Tekes Source: Statistics Finland 1975 = 100 Labour productivity in industry by branch:  Electro technical Processing of metals Pulp and paper Timber INDUSTRY Rubber and plastics Metal products Chemicals Oil products Food Machines and machinery Non-metallic minerals Textiles and clothing Publishing and printing Vehicles Labour productivity in industry by branch All branches 1975 = 100 DM 36097 06-2005 Copyright © Tekes Source: Statistics Finland Labour productivity of ICT producersand users in Finland:  Labour productivity of ICT producers and users in Finland DM 36097 10-2004 Copyright © Tekes Average market productivity = 100 Source: J. Jalava, The production and use of ICT in Finland 1975-2001, ETLA Discussion Papers no. 827/2002

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