Armenia Labour Productivity Growth
2009 - 2024 | Quarterly | % | CEIC Data
Key information about Armenia Labour Productivity Growth
- Armenia Labour Productivity improved by 7.87 % YoY in Mar 2024, compared with a growth of 3.15 % in the previous quarter
- Armenia Labour Productivity Growth data is updated quarterly, available from Mar 2009 to Mar 2024, averaging at 4.19 %
- 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 Mar 2024 in the chart:
What was Armenia's Labour Productivity Growth in Mar 2024?
Armenia Labour Productivity improved by 7.87 % YoY in Mar 2024, compared with a growth of 3.15 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 7.87 Mar 2024 | 3.15 Dec 2023 | -15.55 Dec 2009 | 17.04 Mar 2019 | % | quarterly | Mar 2009 - Mar 2024 |
Labour Productivity Growth by Country Comparison
| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 0.65 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
| Algeria (%) | 0.71 2023 | yearly | 1992 - 2023 |
| Argentina (%) | -4.29 2023 | yearly | 1992 - 2023 |
| Armenia (%) | 7.87 Mar 2024 | quarterly | Mar 2009 - Mar 2024 |
| Australia (%) | -1.54 Mar 2024 | quarterly | Jun 1979 - Mar 2024 |
| Austria (%) | -2.26 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
| Azerbaijan (%) | 2.70 Mar 2024 | quarterly | Mar 2009 - Mar 2024 |
| Bahrain (%) | -4.05 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
| Bangladesh (%) | 4.20 2023 | yearly | 1992 - 2023 |
| Belarus (%) | 2.66 Mar 2024 | quarterly | Mar 2006 - Mar 2024 |
| Belgium (%) | 0.58 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Bolivia (%) | 0.41 2023 | yearly | 2000 - 2023 |
| Bosnia and Herzegovina (%) | -1.22 2023 | yearly | 2007 - 2023 |
| Botswana (%) | 7.29 Dec 2022 | quarterly | Sep 2008 - Dec 2022 |
| Brazil (%) | 1.52 2023 | yearly | 1992 - 2023 |
| Brunei (%) | -1.49 2023 | yearly | 1992 - 2023 |
| Bulgaria (%) | 1.18 Mar 2024 | quarterly | Mar 2001 - Mar 2024 |
| Cambodia (%) | 1.04 2021 | yearly | 2008 - 2021 |
| Canada (%) | -1.26 Jun 2024 | quarterly | Mar 1977 - Jun 2024 |
| Chile (%) | -1.69 Jun 2024 | quarterly | Mar 1987 - Jun 2024 |
| China (%) | 4.27 2023 | yearly | 1953 - 2023 |
| Colombia (%) | -0.32 Mar 2024 | quarterly | Mar 2002 - Mar 2024 |
| Croatia (%) | 0.05 Mar 2024 | quarterly | Mar 2008 - Mar 2024 |
| Cyprus (%) | 3.01 Mar 2024 | quarterly | Jun 2005 - Mar 2024 |
| Czech Republic (%) | -1.14 Jun 2024 | quarterly | Mar 1997 - Jun 2024 |
| Denmark (%) | 2.47 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| Ecuador (%) | 0.24 2022 | yearly | 1992 - 2022 |
| Egypt (%) | -0.48 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Estonia (%) | -4.05 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| European Union (%) | -0.97 Mar 2024 | quarterly | Mar 2006 - Mar 2024 |
| Finland (%) | 0.52 Jun 2024 | quarterly | Mar 1991 - Jun 2024 |
| France (%) | -0.13 2023 | yearly | 1979 - 2023 |
| Georgia (%) | 3.38 2023 | yearly | 1997 - 2023 |
| Germany (%) | -1.21 Mar 2024 | quarterly | Mar 1992 - Mar 2024 |
| Ghana (%) | 0.65 2023 | yearly | 1992 - 2023 |
| Greece (%) | 0.34 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| Hong Kong SAR, China (%) | 3.01 Jun 2024 | quarterly | Dec 1982 - Jun 2024 |
| Hungary (%) | 0.51 Mar 2024 | quarterly | Mar 1999 - Mar 2024 |
| Iceland (%) | -4.90 Jun 2024 | quarterly | Mar 2004 - Jun 2024 |
| India (%) | 2.38 2022 | yearly | 1992 - 2022 |
| Indonesia (%) | 1.63 2023 | yearly | 2001 - 2023 |
| Iran (%) | 3.00 2023 | yearly | 1992 - 2023 |
| Ireland (%) | -3.97 Jun 2024 | quarterly | Mar 1999 - Jun 2024 |
| Israel (%) | -2.67 Jun 2024 | quarterly | Mar 2013 - Jun 2024 |
| Italy (%) | -0.20 Jun 2024 | quarterly | Mar 1997 - Jun 2024 |
| Ivory Coast (%) | 3.12 2023 | yearly | 1992 - 2023 |
| Japan (%) | -1.25 Mar 2024 | quarterly | Mar 1995 - Mar 2024 |
| Jordan (%) | 1.17 2021 | yearly | 2001 - 2021 |
| Kazakhstan (%) | 3.91 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Kenya (%) | -2.44 2021 | yearly | 2011 - 2021 |
| South Korea (%) | 1.79 Jun 2024 | quarterly | Sep 1983 - Jun 2024 |
| Kosovo (%) | -6.79 Dec 2023 | quarterly | Mar 2017 - Dec 2023 |
| Kuwait (%) | 1.60 2018 | yearly | 1992 - 2018 |
| Kyrgyzstan (%) | 7.14 2022 | yearly | 1993 - 2022 |
| Laos (%) | 1.51 2023 | yearly | 1992 - 2023 |
| Latvia (%) | 1.09 Jun 2024 | quarterly | Mar 2003 - Jun 2024 |
| Lebanon (%) | 2.12 2023 | yearly | 1992 - 2023 |
| Lithuania (%) | -0.11 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Luxembourg (%) | -1.55 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| Macau SAR, China (%) | 2.61 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| North Macedonia (%) | 0.64 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
| Malawi (%) | -2.12 2023 | yearly | 1992 - 2023 |
| Malaysia (%) | 3.06 Jun 2024 | quarterly | Mar 2001 - Jun 2024 |
| Malta (%) | -0.00 Mar 2024 | quarterly | Dec 2001 - Mar 2024 |
| Mauritius (%) | 33.41 Mar 2024 | quarterly | Mar 2005 - Mar 2024 |
| Mexico (%) | 0.70 Jun 2024 | quarterly | Jun 1996 - Jun 2024 |
| Moldova (%) | 2.91 Mar 2024 | quarterly | Mar 2001 - Mar 2024 |
| Mongolia (%) | -1.37 Jun 2024 | quarterly | Sep 2007 - Jun 2024 |
| Montenegro (%) | -3.53 Mar 2024 | quarterly | Mar 2011 - Mar 2024 |
| Morocco (%) | 5.86 2021 | yearly | 2000 - 2021 |
| Mozambique (%) | 1.44 2023 | yearly | 1992 - 2023 |
| Myanmar (%) | 63.00 2021 | yearly | 1992 - 2021 |
| Nepal (%) | -0.24 2023 | yearly | 1992 - 2023 |
| Netherlands (%) | -1.74 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| New Zealand (%) | -0.87 Mar 2024 | quarterly | Jun 1988 - Mar 2024 |
| Nigeria (%) | 1.14 Sep 2018 | quarterly | Mar 2013 - Sep 2018 |
| Norway (%) | 3.63 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Oman (%) | -4.24 2023 | yearly | 1999 - 2023 |
| Pakistan (%) | -1.23 2019 | yearly | 2001 - 2019 |
| Palestinian Territory (%) | 1.78 Sep 2023 | quarterly | Dec 2009 - Sep 2023 |
| Panama (%) | 4.33 2023 | yearly | 1992 - 2023 |
| Paraguay (%) | 1.57 Mar 2024 | quarterly | Mar 2018 - Mar 2024 |
| Peru (%) | -1.00 2022 | yearly | 2002 - 2022 |
| Philippines (%) | 1.98 2023 | yearly | 1992 - 2023 |
| Poland (%) | 4.87 Jun 2024 | quarterly | Dec 1999 - Jun 2024 |
| Portugal (%) | 0.33 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Qatar (%) | -0.98 2019 | yearly | 2012 - 2019 |
| Romania (%) | -1.82 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| Russia (%) | 3.11 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Saudi Arabia (%) | -3.93 2022 | yearly | 1971 - 2022 |
| Serbia (%) | 3.42 Mar 2024 | quarterly | Mar 2015 - Mar 2024 |
| Singapore (%) | 1.50 Jun 2024 | quarterly | Mar 1986 - Jun 2024 |
| Slovakia (%) | 1.87 Mar 2024 | quarterly | Mar 1996 - Mar 2024 |
| Slovenia (%) | 0.41 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| South Africa (%) | -2.84 Mar 2024 | quarterly | Mar 2009 - Mar 2024 |
| Spain (%) | 1.27 Jun 2024 | quarterly | Mar 1996 - Jun 2024 |
| Sri Lanka (%) | 9.27 Mar 2024 | quarterly | Jun 2013 - Mar 2024 |
| Sudan (%) | 3.26 2010 | yearly | 1996 - 2010 |
| Sweden (%) | 1.51 Jun 2024 | quarterly | Mar 1994 - Jun 2024 |
| Switzerland (%) | -0.21 Mar 2024 | quarterly | Mar 2011 - Mar 2024 |
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Learn more about what we doArmenia Key Series
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -2.5 Mar 2024 | quarterly | Dec 2002 - Mar 2024 |
| Consolidated Fiscal Balance (USD mn) | 120.729 Apr 2024 | monthly | Jan 2008 - Apr 2024 |
| Tax Revenue (USD mn) | 825.793 Apr 2024 | monthly | Jan 2008 - Apr 2024 |
| Tax Revenue: % of GDP (%) | 25.1 Mar 2023 | quarterly | Mar 2008 - Mar 2023 |
| National Government Debt (USD mn) | 12,157.2 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Government Debt: % of GDP (%) | 48.5 Jun 2024 | quarterly | Dec 2013 - Jun 2024 |
| Forecast: Government Expenditure (AMD bn) | 4,073.820 2028 | yearly | 2005 - 2028 |
| Forecast: Government Net Debt (AMD bn) | 8,360.453 2029 | yearly | 1996 - 2029 |
| Forecast: Government Revenue (AMD bn) | 4,113.925 2029 | yearly | 1993 - 2029 |
| Consolidated Government Budget: Revenue and Grants (AMD mn) | 546,142.500 Mar 2024 | quarterly | Mar 2002 - Mar 2024 |
| Consolidated Government Budget: Balance (AMD mn) | 15,459.700 Mar 2024 | quarterly | Mar 2002 - Mar 2024 |
| State Budget: Revenue: ytd: TP: TD: Tax: Excise Tax (AMD mn) | 37,109.900 Apr 2024 | monthly | Jan 2008 - Apr 2024 |
| State Budget: Expenditure: ytd: Current Expenses (CE) (AMD mn) | 731,857.100 Apr 2024 | monthly | Jan 2008 - Apr 2024 |
| State Budget: Expenditure: ytd (AMD mn) | 817,126.200 Apr 2024 | monthly | Jan 2008 - Apr 2024 |
| State Budget: Balance: ytd (AMD mn) | 46,313.100 Apr 2024 | monthly | Jan 2008 - Apr 2024 |
| State Budget: Revenue: ytd: TP: TD: Tax: VAT (AMD mn) | 215,138.900 Apr 2024 | monthly | Jan 2008 - Apr 2024 |
| State Budget: Revenue and Official Transfers: ytd (AMD mn) | 863,439.300 Apr 2024 | monthly | Jan 2008 - Apr 2024 |
| State Budget: Deficit Financing: ytd (AMD mn) | -46,313.100 Apr 2024 | monthly | Jan 2008 - Apr 2024 |
| State Budget: ytd: Expenditure: Transaction with Non Financial Assets: Non Finan... (AMD mn) | 91,971.600 Apr 2024 | monthly | Jan 2008 - Apr 2024 |
| State Budget: ytd: RT: Revenue (AMD mn) | 862,239.400 Apr 2024 | monthly | Jan 2008 - Apr 2024 |
| Central Government Debt: Short Term (AMD bn) | 130.541 Mar 2024 | quarterly | Mar 2002 - Mar 2024 |
| Central Government Debt: Mid Term (AMD bn) | 802.448 Mar 2024 | quarterly | Mar 2002 - Mar 2024 |
| Central Government Debt: Long Term (AMD bn) | 3,639.639 Mar 2024 | quarterly | Mar 2002 - Mar 2024 |
| Central Government Debt: Domestic (AMD bn) | 2,294.553 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Central Government Debt: External (AMD bn) | 2,424.386 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| Central Government Debt (AMD bn) | 4,718.939 Jun 2024 | quarterly | Mar 2002 - Jun 2024 |
| 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) | -314.9 Jun 2024 | monthly | Nov 1995 - Jun 2024 |
| Total Exports (USD mn) | 856.4 Jun 2024 | monthly | Jan 2000 - Jun 2024 |
| Total Exports Growth (%) | 61.8 Jun 2024 | monthly | Jan 2001 - Jun 2024 |
| Aluminum: Exports (USD th) | 114,979.156 2023 | yearly | 1995 - 2023 |
| 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) | 1,171.3 Jun 2024 | monthly | Jan 2000 - Jun 2024 |
| Total Imports Growth (%) | 21.4 Jun 2024 | monthly | Jan 2001 - Jun 2024 |
| 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) | 2.904 Apr 2024 | monthly | Jun 1996 - Apr 2024 |
| Total Imports from USA (USD mn) | 32.098 Apr 2024 | monthly | Jan 1993 - Apr 2024 |
| Total Exports to China (USD mn) | 44.906 Apr 2024 | monthly | Dec 1998 - Apr 2024 |
| Total Imports from China (USD mn) | 109.576 Apr 2024 | monthly | Jun 1998 - Apr 2024 |
| Trade Balance: ytd (USD mn) | -2,551.900 Jun 2024 | monthly | Dec 1999 - Jun 2024 |
| Exports: Foodstuff (USD th) | 882,197.134 2022 | yearly | 1995 - 2022 |
| Exports: Transport Means (USD th) | 332,561.981 2022 | yearly | 1995 - 2022 |
| Exports: Machinery and Equipment (USD th) | 718,755.992 2022 | yearly | 1995 - 2022 |
| Exports: Iron and Steel (USD th) | 84,659.900 2017 | yearly | 1995 - 2017 |
| Exports: ow Bulgaria (USD mn) | 15.607 Apr 2024 | monthly | Jan 2003 - Apr 2024 |
| Exports: ow China (USD mn) | 44.906 Apr 2024 | monthly | Jan 2003 - Apr 2024 |
| Exports: ow Iran (USD mn) | 10.355 Apr 2024 | monthly | Jan 2003 - Apr 2024 |
| Exports: ow Russian Federation (USD mn) | 102.420 Apr 2024 | monthly | Jan 2003 - Apr 2024 |
| Imports: Foodstuff (USD th) | 579,422.226 2022 | yearly | 1995 - 2022 |
| Imports: Chemicals and Related Products (USD th) | 588,239.623 2022 | yearly | 1995 - 2022 |
| Imports: Transport Means (USD th) | 957,936.871 2022 | yearly | 1995 - 2022 |
| Imports: Machinery and Equipment (USD th) | 1,728,318.860 2022 | yearly | 1995 - 2022 |
| 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) | 43.823 Apr 2024 | monthly | Jan 2003 - Apr 2024 |
| Imports: ow Russian Federation (USD mn) | 1,874.341 Apr 2024 | monthly | Jan 2003 - Apr 2024 |
| Export Value Index (2015=100) | 203.490 2021 | yearly | 1995 - 2021 |
| Import Value Index (2015=100) | 165.372 2021 | yearly | 1995 - 2021 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 1.2 Jun 2024 | monthly | Jan 2005 - Jun 2024 |
| Household Debt: % of GDP (%) | 27.1 Jun 2024 | quarterly | Dec 2000 - Jun 2024 |
| Non-Performing Loans (USD mn) | 390.591 May 2024 | monthly | Dec 2008 - May 2024 |
| Money Supply M1 (USD mn) | 5,249.755 May 2024 | monthly | Jan 2002 - May 2024 |
| Money Supply M2 (USD mn) | 8,949.992 May 2024 | monthly | Jan 2002 - May 2024 |
| M2 Growth (%) | 17.2 May 2024 | monthly | Jan 2003 - May 2024 |
| Reserve Requirement Ratio (%) | 8.0 2023 | yearly | 2008 - 2023 |
| Foreign Exchange Reserves (USD mn) | 3,402.9 Jul 2024 | monthly | Dec 1993 - Jul 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 13.552 Jun 2024 | quarterly | Dec 2013 - Jun 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.8 Jun 2024 | monthly | Jan 2000 - Jun 2024 |
| Gold Reserves (USD mn) | 0.000 Jun 2024 | monthly | Dec 1992 - Jun 2024 |
| Total Deposits (USD mn) | 15,180.776 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
| Total Deposits Growth (%) | 12.5 Jul 2024 | monthly | Jan 2001 - Jul 2024 |
| Domestic Credit (USD mn) | 17,730.7 Jun 2024 | monthly | Dec 1993 - Jun 2024 |
| Domestic Credit Growth (%) | 18.7 Jun 2024 | monthly | Dec 1994 - Jun 2024 |
| Household Debt (USD mn) | 6,902.9 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
| Total Loans (USD mn) | 14,374.605 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
| Total Loans Growth (%) | 18.94 Jul 2024 | monthly | Jan 2001 - Jul 2024 |
| Private Debt: % of Nominal GDP (%) | 50.90 Jun 2024 | quarterly | Dec 2000 - Jun 2024 |
| Money Supply: M2X (AMD mn) | 5,340,281.251 Jul 2024 | monthly | Jan 2003 - Jul 2024 |
| Money Supply: sa: M2 (AMD mn) | 3,467,048.000 May 2024 | monthly | Jan 2002 - May 2024 |
| Money Supply: M2X: M2 (AMD mn) | 3,573,339.807 Jul 2024 | monthly | Jan 2003 - Jul 2024 |
| Money Supply: M2X: M2: M1 (AMD mn) | 2,065,980.620 Jul 2024 | monthly | Jan 2003 - Jul 2024 |
| Money Supply: sa: M1 (AMD mn) | 2,033,650.000 May 2024 | monthly | Jan 2002 - May 2024 |
| Monetary Base: sa (AMD mn) | 1,712,405.000 May 2024 | monthly | Jan 2002 - May 2024 |
| Money Supply: M2X: M2: M1: Currency in Circulation (AMD mn) | 795,381.452 Jul 2024 | monthly | Jan 2003 - Jul 2024 |
| International Reserves: USD (USD mn) | 3,410.858 Jul 2024 | monthly | Jan 2003 - Jul 2024 |
| International Reserves: USD: Gold (USD mn) | 0.000 Jul 2024 | monthly | Sep 2003 - Jul 2024 |
| Commercial Banks Credit: Residents: Enterprise (AMD mn) | 2,327,859.514 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
| Commercial Banks Credit (AMD mn) | 5,578,784.026 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
| Commercial Banks Credit: Residents: Households (AMD mn) | 2,679,025.476 Jul 2024 | monthly | Jan 2000 - Jul 2024 |
| 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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