Armenia Labour Productivity Growth
2009 - 2023 | Quarterly | % | CEIC Data
Key information about Armenia Labour Productivity Growth
- Armenia Labour Productivity dropped by 2.89 % YoY in Jun 2023, compared with a growth of 6.23 % in the previous quarter
- Armenia Labour Productivity Growth data is updated quarterly, available from Mar 2009 to Jun 2023, averaging at 3.98 %
- The data reached an all-time high of 17.04 % in Mar 2019 and a record low of -15.55 % in Dec 2009
CEIC calculates Labour Productivity Growth from quarterly Real GDP Index and quarterly Employment. Statistical Committee of the Republic of Armenia provides chain linked Real GDP Index with base Same Quarter Previous Year=100 and Employment. Real GDP Index prior to Q1 2014 is based on SNA 1993
View Armenia's Labour Productivity Growth from Mar 2009 to Jun 2023 in the chart:
What was Armenia's Labour Productivity Growth in Jun 2023?
Armenia Labour Productivity dropped by 2.89 % YoY in Jun 2023, compared with a growth of 6.23 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 2.89 Jun 2023 | 6.23 Mar 2023 | -15.55 Dec 2009 | 17.04 Mar 2019 | % | quarterly | Mar 2009 - Jun 2023 |
Labour Productivity Growth by Country Comparison
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Includes Labour Productivity Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 0.50 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
| Algeria (%) | -0.20 2022 | yearly | 1992 - 2022 |
| Argentina (%) | -3.50 2022 | yearly | 1992 - 2022 |
| Armenia (%) | 2.89 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
| Australia (%) | -0.90 Jun 2023 | quarterly | Jun 1979 - Jun 2023 |
| Austria (%) | -2.26 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
| Azerbaijan (%) | -0.95 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
| Bahrain (%) | -4.23 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
| Bangladesh (%) | 3.92 2022 | yearly | 1992 - 2022 |
| Belarus (%) | 6.68 Jun 2023 | quarterly | Mar 2006 - Jun 2023 |
| Belgium (%) | 0.84 Jun 2023 | quarterly | Mar 2000 - Jun 2023 |
| Bolivia (%) | -0.64 2022 | yearly | 2000 - 2022 |
| Bosnia and Herzegovina (%) | 3.12 2022 | yearly | 2007 - 2022 |
| Botswana (%) | 7.63 Dec 2022 | quarterly | Sep 2008 - Dec 2022 |
| Brazil (%) | -4.18 2022 | yearly | 1992 - 2022 |
| Brunei (%) | -0.76 2022 | yearly | 1992 - 2022 |
| Bulgaria (%) | 0.67 Jun 2023 | quarterly | Mar 2001 - Jun 2023 |
| Cambodia (%) | 1.17 2021 | yearly | 2008 - 2021 |
| Canada (%) | -0.97 Jun 2023 | quarterly | Mar 1977 - Jun 2023 |
| Chile (%) | -3.10 Jun 2023 | quarterly | Mar 1987 - Jun 2023 |
| China (%) | 4.82 2022 | yearly | 1953 - 2022 |
| Colombia (%) | -2.89 Jun 2023 | quarterly | Mar 2002 - Jun 2023 |
| Croatia (%) | 9.85 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
| Cyprus (%) | -1.18 Jun 2023 | quarterly | Jun 2005 - Jun 2023 |
| Czech Republic (%) | 0.80 Jun 2023 | quarterly | Mar 1997 - Jun 2023 |
| Denmark (%) | -0.72 Jun 2023 | quarterly | Mar 1991 - Jun 2023 |
| Ecuador (%) | 0.87 2022 | yearly | 1992 - 2022 |
| Egypt (%) | 1.47 Mar 2023 | quarterly | Mar 2004 - Mar 2023 |
| Estonia (%) | -6.12 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| European Union (%) | -0.31 Mar 2023 | quarterly | Mar 2006 - Mar 2023 |
| Finland (%) | -1.40 Jun 2023 | quarterly | Mar 1991 - Jun 2023 |
| France (%) | -0.19 2022 | yearly | 1979 - 2022 |
| Georgia (%) | 4.42 2022 | yearly | 1997 - 2022 |
| Germany (%) | -1.35 Jun 2023 | quarterly | Mar 1992 - Jun 2023 |
| Ghana (%) | 0.41 2022 | yearly | 1992 - 2022 |
| Greece (%) | 1.63 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Hong Kong SAR, China (%) | 2.12 Sep 2023 | quarterly | Dec 1982 - Sep 2023 |
| Hungary (%) | -1.40 Mar 2023 | quarterly | Mar 1999 - Mar 2023 |
| Iceland (%) | -0.87 Jun 2023 | quarterly | Mar 2004 - Jun 2023 |
| India (%) | 2.53 2022 | yearly | 1992 - 2022 |
| Indonesia (%) | 2.00 2022 | yearly | 2001 - 2022 |
| Iran (%) | 0.24 2022 | yearly | 1992 - 2022 |
| Ireland (%) | -3.99 Jun 2023 | quarterly | Mar 1999 - Jun 2023 |
| Israel (%) | -0.65 Jun 2023 | quarterly | Mar 2013 - Jun 2023 |
| Italy (%) | -0.94 Jun 2023 | quarterly | Mar 1997 - Jun 2023 |
| Ivory Coast (%) | 2.28 2022 | yearly | 1992 - 2022 |
| Japan (%) | 0.94 Sep 2023 | quarterly | Mar 1995 - Sep 2023 |
| Jordan (%) | 1.17 2021 | yearly | 2001 - 2021 |
| Kazakhstan (%) | 1.80 Jun 2023 | quarterly | Mar 2002 - Jun 2023 |
| Kenya (%) | -2.44 2021 | yearly | 2011 - 2021 |
| South Korea (%) | 0.44 Sep 2023 | quarterly | Sep 1983 - Sep 2023 |
| Kosovo (%) | 0.99 Dec 2022 | quarterly | Mar 2017 - Dec 2022 |
| Kuwait (%) | 1.29 2018 | yearly | 1993 - 2018 |
| Kyrgyzstan (%) | 4.55 2022 | yearly | 1993 - 2022 |
| Laos (%) | 0.54 2021 | yearly | 1992 - 2021 |
| Latvia (%) | -1.41 Jun 2023 | quarterly | Mar 2003 - Jun 2023 |
| Lebanon (%) | -9.35 2021 | yearly | 1992 - 2021 |
| Lithuania (%) | -0.17 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Luxembourg (%) | -4.14 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Macau SAR, China (%) | 119.18 Jun 2023 | quarterly | Mar 2002 - Jun 2023 |
| North Macedonia (%) | 1.65 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
| Malawi (%) | -2.62 2022 | yearly | 1992 - 2022 |
| Malaysia (%) | 0.63 Sep 2023 | quarterly | Mar 2001 - Sep 2023 |
| Malta (%) | -1.02 Jun 2023 | quarterly | Dec 2001 - Jun 2023 |
| Mauritius (%) | 3.28 Dec 2022 | quarterly | Mar 2005 - Dec 2022 |
| Mexico (%) | 1.64 Jun 2023 | quarterly | Jun 1996 - Jun 2023 |
| Moldova (%) | -4.49 Jun 2023 | quarterly | Mar 2001 - Jun 2023 |
| Mongolia (%) | 5.86 Jun 2023 | quarterly | Sep 2007 - Jun 2023 |
| Montenegro (%) | -3.56 Jun 2023 | quarterly | Mar 2011 - Jun 2023 |
| Morocco (%) | 5.72 2021 | yearly | 2000 - 2021 |
| Mozambique (%) | 0.59 2022 | yearly | 1992 - 2022 |
| Myanmar (%) | 63.00 2021 | yearly | 1992 - 2021 |
| Nepal (%) | 0.19 2021 | yearly | 1992 - 2021 |
| Netherlands (%) | -1.76 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| New Zealand (%) | -2.03 Jun 2023 | quarterly | Jun 1988 - Jun 2023 |
| Nigeria (%) | 1.14 Sep 2018 | quarterly | Mar 2013 - Sep 2018 |
| Norway (%) | -0.91 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Oman (%) | -10.26 2022 | yearly | 1999 - 2022 |
| Pakistan (%) | -1.23 2019 | yearly | 2001 - 2019 |
| Palestinian Territory (%) | -0.30 Mar 2023 | quarterly | Dec 2009 - Mar 2023 |
| Panama (%) | 4.70 2022 | yearly | 1992 - 2022 |
| Paraguay (%) | 2.32 Jun 2023 | quarterly | Mar 2018 - Jun 2023 |
| Peru (%) | -1.00 2022 | yearly | 2002 - 2022 |
| Philippines (%) | 2.27 2022 | yearly | 1992 - 2022 |
| Poland (%) | -1.87 Jun 2023 | quarterly | Dec 1999 - Jun 2023 |
| Portugal (%) | 0.65 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Qatar (%) | -0.98 2019 | yearly | 2012 - 2019 |
| Romania (%) | 3.04 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Russia (%) | 2.68 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Saudi Arabia (%) | -3.93 2022 | yearly | 1971 - 2022 |
| Serbia (%) | 4.38 Jun 2023 | quarterly | Mar 2015 - Jun 2023 |
| Singapore (%) | -4.90 Jun 2023 | quarterly | Mar 1986 - Jun 2023 |
| Slovakia (%) | 1.29 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| Slovenia (%) | -0.04 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
| South Africa (%) | -3.26 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
| Spain (%) | -2.04 Sep 2023 | quarterly | Mar 1996 - Sep 2023 |
| Sri Lanka (%) | -1.12 Jun 2023 | quarterly | Jun 2013 - Jun 2023 |
| Sudan (%) | 3.26 2010 | yearly | 1996 - 2010 |
| Sweden (%) | -2.96 Jun 2023 | quarterly | Mar 1994 - Jun 2023 |
| Switzerland (%) | -2.90 Jun 2023 | quarterly | Mar 2011 - Jun 2023 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -1.4 Jun 2023 | quarterly | Dec 2002 - Jun 2023 |
| Consolidated Fiscal Balance (USD mn) | -64.379 Aug 2023 | monthly | Jan 2008 - Aug 2023 |
| Tax Revenue (USD mn) | 391.825 Aug 2023 | monthly | Jan 2008 - Aug 2023 |
| Tax Revenue: % of GDP (%) | 25.1 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
| National Government Debt (USD mn) | 11,322.3 Sep 2023 | quarterly | Mar 2002 - Sep 2023 |
| Government Debt: % of GDP (%) | 47.5 Jun 2023 | quarterly | Dec 2013 - Jun 2023 |
| Forecast: Government Expenditure (AMD bn) | 4,062.704 2028 | yearly | 2005 - 2028 |
| Forecast: Government Net Debt (AMD bn) | 7,215.099 2028 | yearly | 1996 - 2028 |
| Forecast: Government Revenue (AMD bn) | 3,807.302 2028 | yearly | 1993 - 2028 |
| Consolidated Government Budget: Revenue and Grants (AMD mn) | 696,675.500 Jun 2023 | quarterly | Mar 2002 - Jun 2023 |
| Consolidated Government Budget: Balance (AMD mn) | 74,879.700 Jun 2023 | quarterly | Mar 2002 - Jun 2023 |
| State Budget: Revenue: ytd: TP: TD: Tax: Excise Tax (AMD mn) | 84,843.800 Aug 2023 | monthly | Jan 2008 - Aug 2023 |
| State Budget: Expenditure: ytd: Current Expenses (CE) (AMD mn) | 1,241,331.000 Aug 2023 | monthly | Jan 2008 - Aug 2023 |
| State Budget: Expenditure: ytd (AMD mn) | 1,430,622.000 Aug 2023 | monthly | Jan 2008 - Aug 2023 |
| State Budget: Balance: ytd (AMD mn) | 71,572.300 Aug 2023 | monthly | Jan 2008 - Aug 2023 |
| State Budget: Revenue: ytd: TP: TD: Tax: VAT (AMD mn) | 472,925.600 Aug 2023 | monthly | Jan 2008 - Aug 2023 |
| State Budget: Revenue and Official Transfers: ytd (AMD mn) | 1,502,194.000 Aug 2023 | monthly | Jan 2008 - Aug 2023 |
| State Budget: Deficit Financing: ytd (AMD mn) | -71,572.300 Aug 2023 | monthly | Jan 2008 - Aug 2023 |
| State Budget: ytd: Expenditure: Transaction with Non Financial Assets: Non Finan... (AMD mn) | 194,309.100 Aug 2023 | monthly | Jan 2008 - Aug 2023 |
| State Budget: ytd: RT: Revenue (AMD mn) | 1,496,714.000 Aug 2023 | monthly | Jan 2008 - Aug 2023 |
| Central Government Debt: Short Term (AMD bn) | 124.663 Jun 2023 | quarterly | Mar 2002 - Jun 2023 |
| Central Government Debt: Mid Term (AMD bn) | 599.740 Jun 2023 | quarterly | Mar 2002 - Jun 2023 |
| Central Government Debt: Long Term (AMD bn) | 3,448.421 Jun 2023 | quarterly | Mar 2002 - Jun 2023 |
| Central Government Debt: Domestic (AMD bn) | 1,890.947 Sep 2023 | quarterly | Mar 2002 - Sep 2023 |
| Central Government Debt: External (AMD bn) | 2,563.246 Sep 2023 | quarterly | Mar 2002 - Sep 2023 |
| Central Government Debt (AMD bn) | 4,454.193 Sep 2023 | quarterly | Mar 2002 - Sep 2023 |
| Central Government Debt: % Nominal GDP (%) | 60.300 2021 | yearly | 1999 - 2021 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 5.009 2028 | yearly | 1996 - 2028 |
| Trade Balance (USD mn) | -160.8 Sep 2023 | monthly | Nov 1995 - Sep 2023 |
| Total Exports (USD mn) | 785.4 Sep 2023 | monthly | Jan 2000 - Sep 2023 |
| Total Exports Growth (%) | 6.4 Aug 2023 | monthly | Jan 2001 - Aug 2023 |
| Aluminum: Exports (USD th) | 137,316.893 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 15,645.987 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 12,819.576 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 946.2 Sep 2023 | monthly | Jan 2000 - Sep 2023 |
| Total Imports Growth (%) | 12.3 Aug 2023 | monthly | Jan 2001 - Aug 2023 |
| Imports: Medicament (USD th) | 155,783.749 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 61,751.003 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 3.580 Jun 2023 | monthly | Jun 1996 - Jun 2023 |
| Total Imports from USA (USD mn) | 79.211 Jun 2023 | monthly | Jan 1993 - Jun 2023 |
| Total Exports to China (USD mn) | 41.013 Jun 2023 | monthly | Dec 1998 - Jun 2023 |
| Total Imports from China (USD mn) | 157.578 Jun 2023 | monthly | Jun 1998 - Jun 2023 |
| Trade Balance: ytd (USD mn) | -3,236.700 Sep 2023 | monthly | Dec 1999 - Sep 2023 |
| Exports: Iron and Steel (USD th) | 84,659.900 2017 | yearly | 1995 - 2017 |
| Exports: ow Bulgaria (USD mn) | 16.506 Jul 2023 | monthly | Jan 2003 - Jul 2023 |
| Exports: ow China (USD mn) | 41.013 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Exports: ow Iran (USD mn) | 10.194 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Exports: ow Russian Federation (USD mn) | 295.152 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Imports: Base Metals and Articles Thereof (USD th) | 291,969.058 2017 | yearly | 1995 - 2017 |
| Imports: Iron and Steel (USD th) | 81,128.500 2017 | yearly | 1995 - 2017 |
| Imports: ow Iran (USD mn) | 50.934 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Imports: ow Russian Federation (USD mn) | 191.475 Jun 2023 | monthly | Jan 2003 - Jun 2023 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 2.8 Aug 2023 | monthly | Jan 2005 - Aug 2023 |
| Household Debt: % of GDP (%) | 24.3 Jun 2023 | quarterly | Dec 2000 - Jun 2023 |
| Non-Performing Loans (USD mn) | 557.339 Jul 2023 | monthly | Dec 2008 - Jul 2023 |
| Money Supply M1 (USD mn) | 4,608.295 Jul 2023 | monthly | Jan 2002 - Jul 2023 |
| Money Supply M2 (USD mn) | 7,948.560 Jul 2023 | monthly | Jan 2002 - Jul 2023 |
| M2 Growth (%) | 22.6 Jul 2023 | monthly | Jan 2003 - Jul 2023 |
| Reserve Requirement Ratio (%) | 8.0 2021 | yearly | 2008 - 2021 |
| Foreign Exchange Reserves (USD mn) | 4,217.4 Aug 2023 | monthly | Dec 1993 - Aug 2023 |
| Foreign Exchange Reserves: % of GDP (%) | 17.122 Jun 2023 | quarterly | Dec 2013 - Jun 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 4.2 Aug 2023 | monthly | Jan 2000 - Aug 2023 |
| Gold Reserves (USD mn) | 0.000 Aug 2023 | monthly | Dec 1992 - Aug 2023 |
| Total Deposits (USD mn) | 13,859.523 Aug 2023 | monthly | Jan 2000 - Aug 2023 |
| Total Deposits Growth (%) | 25.1 Aug 2023 | monthly | Jan 2001 - Aug 2023 |
| Domestic Credit (USD mn) | 15,355.3 Aug 2023 | monthly | Dec 1993 - Aug 2023 |
| Domestic Credit Growth (%) | 12.6 Aug 2023 | monthly | Dec 1994 - Aug 2023 |
| Household Debt (USD mn) | 5,851.7 Aug 2023 | monthly | Jan 2000 - Aug 2023 |
| Total Loans (USD mn) | 12,349.306 Aug 2023 | monthly | Jan 2000 - Aug 2023 |
| Total Loans Growth (%) | 17.69 Aug 2023 | monthly | Jan 2001 - Aug 2023 |
| Private Debt: % of Nominal GDP (%) | 45.52 Jun 2023 | quarterly | Dec 2000 - Jun 2023 |
| Money Supply: M2X (AMD mn) | 4,841,616.606 Aug 2023 | monthly | Jan 2003 - Aug 2023 |
| Money Supply: sa: M2 (AMD mn) | 3,069,257.000 Jul 2023 | monthly | Jan 2002 - Jul 2023 |
| Money Supply: M2X: M2 (AMD mn) | 3,166,590.824 Aug 2023 | monthly | Jan 2003 - Aug 2023 |
| Money Supply: M2X: M2: M1 (AMD mn) | 1,837,345.409 Aug 2023 | monthly | Jan 2003 - Aug 2023 |
| Money Supply: sa: M1 (AMD mn) | 1,779,447.000 Jul 2023 | monthly | Jan 2002 - Jul 2023 |
| Monetary Base: sa (AMD mn) | 1,619,607.000 Jul 2023 | monthly | Jan 2002 - Jul 2023 |
| Money Supply: M2X: M2: M1: Currency in Circulation (AMD mn) | 727,707.625 Aug 2023 | monthly | Jan 2003 - Aug 2023 |
| International Reserves: USD (USD mn) | 4,219.523 Aug 2023 | monthly | Jan 2003 - Aug 2023 |
| International Reserves: USD: Gold (USD mn) | 0.000 Aug 2023 | monthly | Sep 2003 - Aug 2023 |
| Commercial Banks Loans: Residents: Consumer (AMD mn) | 1,029,673.453 Aug 2023 | monthly | Dec 2004 - Aug 2023 |
| Commercial Banks Loans: Residents: Mortgage (AMD mn) | 983,666.389 Aug 2023 | monthly | Apr 2005 - Aug 2023 |
| Business and Economic Survey | Last | Frequency | Range |
|---|---|---|---|
| Business Confidence Growth (% Point) | -3.7 Jun 2016 | quarterly | Sep 2006 - Jun 2016 |
| Business Climate Indicator: sa: Industry (%) | 53.719 Jun 2016 | quarterly | Sep 2005 - Jun 2016 |
| Business Climate Indicator: sa: Construction (%) | 38.971 Jun 2016 | quarterly | Sep 2005 - Jun 2016 |
| Business Climate Indicator: sa: Trade (%) | 57.637 Jun 2016 | quarterly | Sep 2005 - Jun 2016 |
| Business Climate Indicator: sa: Services (%) | 51.136 Jun 2016 | quarterly | Sep 2005 - Jun 2016 |
| Business Climate Indicator: sa (%) | 51.023 Jun 2016 | quarterly | Sep 2005 - Jun 2016 |
More Indicators for Armenia
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