Productivity

(asked on 11th December 2018) - View Source
Questioner
Baroness Neville-Rolfe Portrait
Baroness Neville-Rolfe
(Conservative - Life peer)

Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government what were the annual growth rates of labour productivity in each year since 2000; and what rates they forecast for each year to 2022.

Answered by
Lord Henley Portrait
Lord Henley
This question was answered on 19th December 2018

Growth in labour productivity, 2000 – 2022

Year (f – forecast)

Output per hour worked, % change on previous year, seasonally adjusted

2000

3.2

2001

1.5

2002

2.4

2003

2.9

2004

1.2

2005

2.0

2006

1.8

2007

1.5

2008

-0.6

2009

-1.5

2010

1.3

2011

1.1

2012

-0.7

2013

-0.4

2014

0.6

2015

1.0

2016

0.5

2017

0.8

2018f

0.8

2019f

0.8

2020f

0.9

2021f

1.0

2022f

1.1

  • The table presents past and projected annual growth rates of UK labour productivity defined as output per hour worked.
  • The growth rates for the period 2000 to 2017 were obtained from the ONS (Labour productivity time series (PRDY), UK Whole Economy: Output per hour worked % change per annum SA, released 5th October 2018, link)
  • The projected future growth rates (2018 – 2022) were published by the Office for Budget Responsibility in the Economic and Fiscal Outlook – October 2018 (page 87, Table 3.10 Detailed summary forecast, link)
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