Australia Labour Productivity Growth
Key information about Australia Labour Productivity Growth
- Australia Labour Productivity improved by 0.56 % YoY in Sep 2023, compared with a drop of 1.53 % in the previous quarter
- Australia Labour Productivity Growth data is updated quarterly, available from Jun 1979 to Sep 2023, averaging at 0.91 %
- The data reached an all-time high of 6.25 % in Mar 1984 and a record low of -4.02 % in Jun 1986
CEIC calculates quarterly Labour Productivity Growth from quarterly Real GDP and monthly Employment. The Australian Bureau of Statistics provides Real GDP in local currency, at 2021-2022 prices and Employment. Employment excludes Foreign Nationals working within the country
View Australia's Labour Productivity Growth from Jun 1979 to Sep 2023 in the chart:
What was Australia's Labour Productivity Growth in Sep 2023?
Australia Labour Productivity improved by 0.56 % YoY in Sep 2023, compared with a drop of 1.53 % in the previous quarter See the table below for more data.
Last | Previous | Min | Max | Unit | Frequency | Range |
---|---|---|---|---|---|---|
-0.56 Sep 2023 | -1.53 Jun 2023 | -4.02 Jun 1986 | 6.25 Mar 1984 | % | quarterly | Jun 1979 - Sep 2023 |
Labour Productivity Growth by Country Comparison
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country/region | Last | Frequency | Range |
---|---|---|---|
Albania (%) | 0.50 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
Algeria (%) | -4.67 2022 | yearly | 1992 - 2022 |
Argentina (%) | -3.50 2022 | yearly | 1992 - 2022 |
Armenia (%) | 5.60 Sep 2023 | quarterly | Mar 2009 - Sep 2023 |
Australia (%) | -0.56 Sep 2023 | quarterly | Jun 1979 - Sep 2023 |
Austria (%) | -2.26 Jun 2023 | quarterly | Mar 2005 - Jun 2023 |
Azerbaijan (%) | 0.47 Sep 2023 | quarterly | Mar 2009 - Sep 2023 |
Bahrain (%) | -3.69 Jun 2023 | quarterly | Mar 2009 - Jun 2023 |
Bangladesh (%) | 5.11 2022 | yearly | 1992 - 2022 |
Belarus (%) | 7.87 Sep 2023 | quarterly | Mar 2006 - Sep 2023 |
Belgium (%) | 1.00 Sep 2023 | quarterly | Mar 2000 - Sep 2023 |
Bolivia (%) | -0.64 2022 | yearly | 2000 - 2022 |
Bosnia and Herzegovina (%) | 3.24 2022 | yearly | 2007 - 2022 |
Botswana (%) | 7.30 Dec 2022 | quarterly | Sep 2008 - Dec 2022 |
Brazil (%) | 1.52 2023 | yearly | 1992 - 2023 |
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 (%) | -1.21 Dec 2023 | quarterly | Mar 1977 - Dec 2023 |
Chile (%) | -1.31 Sep 2023 | quarterly | Mar 1987 - Sep 2023 |
China (%) | 4.22 2023 | yearly | 1953 - 2023 |
Colombia (%) | -2.02 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
Croatia (%) | 8.79 Jun 2023 | quarterly | Mar 2008 - Jun 2023 |
Cyprus (%) | 0.57 Dec 2023 | quarterly | Jun 2005 - Dec 2023 |
Czech Republic (%) | 1.06 Sep 2023 | quarterly | Mar 1997 - Sep 2023 |
Denmark (%) | 2.32 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
Ecuador (%) | 0.87 2022 | yearly | 1992 - 2022 |
Egypt (%) | -0.59 Jun 2023 | quarterly | Mar 2004 - Jun 2023 |
Estonia (%) | -4.78 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
European Union (%) | -0.80 Jun 2023 | quarterly | Mar 2006 - Jun 2023 |
Finland (%) | -1.24 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
France (%) | -0.19 2022 | yearly | 1979 - 2022 |
Georgia (%) | 4.42 2022 | yearly | 1997 - 2022 |
Germany (%) | -0.88 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
Ghana (%) | -0.40 2022 | yearly | 1992 - 2022 |
Greece (%) | 1.63 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
Hong Kong SAR, China (%) | 4.63 Dec 2023 | quarterly | Dec 1982 - Dec 2023 |
Hungary (%) | -0.78 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Iceland (%) | -2.99 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
India (%) | 2.38 2022 | yearly | 1992 - 2022 |
Indonesia (%) | 1.63 2023 | yearly | 2001 - 2023 |
Iran (%) | -2.03 2022 | yearly | 1992 - 2022 |
Ireland (%) | -11.70 Dec 2023 | quarterly | Mar 1999 - Dec 2023 |
Israel (%) | -6.07 Dec 2023 | quarterly | Mar 2013 - Dec 2023 |
Italy (%) | -1.13 Dec 2023 | quarterly | Mar 1997 - Dec 2023 |
Ivory Coast (%) | 3.02 2022 | yearly | 1992 - 2022 |
Japan (%) | 0.49 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
Jordan (%) | 1.17 2021 | yearly | 2001 - 2021 |
Kazakhstan (%) | 2.00 Sep 2023 | quarterly | Mar 2002 - Sep 2023 |
Kenya (%) | -2.44 2021 | yearly | 2011 - 2021 |
South Korea (%) | 1.11 Dec 2023 | quarterly | Sep 1983 - Dec 2023 |
Kosovo (%) | -0.46 Mar 2023 | quarterly | Mar 2017 - Mar 2023 |
Kuwait (%) | 1.29 2018 | yearly | 1993 - 2018 |
Kyrgyzstan (%) | 4.55 2022 | yearly | 1993 - 2022 |
Laos (%) | -0.89 2022 | yearly | 1992 - 2022 |
Latvia (%) | -1.41 Jun 2023 | quarterly | Mar 2003 - Jun 2023 |
Lebanon (%) | -9.16 2021 | yearly | 1992 - 2021 |
Lithuania (%) | -2.16 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Luxembourg (%) | -3.69 Sep 2023 | quarterly | Mar 1996 - Sep 2023 |
Macau SAR, China (%) | 80.89 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
North Macedonia (%) | 1.22 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
Malawi (%) | -4.08 2022 | yearly | 1992 - 2022 |
Malaysia (%) | 0.46 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
Malta (%) | 2.07 Sep 2023 | quarterly | Dec 2001 - Sep 2023 |
Mauritius (%) | 4.55 Sep 2023 | quarterly | Mar 2005 - Sep 2023 |
Mexico (%) | 0.64 Dec 2023 | quarterly | Jun 1996 - Dec 2023 |
Moldova (%) | -4.49 Jun 2023 | quarterly | Mar 2001 - Jun 2023 |
Mongolia (%) | 3.77 Dec 2023 | quarterly | Sep 2007 - Dec 2023 |
Montenegro (%) | -5.22 Sep 2023 | quarterly | Mar 2011 - Sep 2023 |
Morocco (%) | 5.72 2021 | yearly | 2000 - 2021 |
Mozambique (%) | -0.29 2022 | yearly | 1992 - 2022 |
Myanmar (%) | 63.00 2021 | yearly | 1992 - 2021 |
Nepal (%) | 0.58 2022 | yearly | 1992 - 2022 |
Netherlands (%) | -1.26 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
New Zealand (%) | -4.09 Sep 2023 | quarterly | Jun 1988 - Sep 2023 |
Nigeria (%) | 1.14 Sep 2018 | quarterly | Mar 2013 - Sep 2018 |
Norway (%) | -0.17 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Oman (%) | -5.73 2022 | yearly | 1999 - 2022 |
Pakistan (%) | -1.23 2019 | yearly | 2001 - 2019 |
Palestinian Territory (%) | 1.78 Sep 2023 | quarterly | Dec 2009 - Sep 2023 |
Panama (%) | 5.30 2022 | yearly | 1992 - 2022 |
Paraguay (%) | 1.10 Sep 2023 | quarterly | Mar 2018 - Sep 2023 |
Peru (%) | -1.00 2022 | yearly | 2002 - 2022 |
Philippines (%) | -0.82 2022 | yearly | 1992 - 2022 |
Poland (%) | 1.43 Dec 2023 | quarterly | Dec 1999 - Dec 2023 |
Portugal (%) | 0.97 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Qatar (%) | -0.98 2019 | yearly | 2012 - 2019 |
Romania (%) | 3.04 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
Russia (%) | 2.89 Sep 2023 | quarterly | Mar 1996 - Sep 2023 |
Saudi Arabia (%) | -3.93 2022 | yearly | 1971 - 2022 |
Serbia (%) | 4.48 Dec 2023 | quarterly | Mar 2015 - Dec 2023 |
Singapore (%) | -0.80 Dec 2023 | quarterly | Mar 1986 - Dec 2023 |
Slovakia (%) | 1.29 Jun 2023 | quarterly | Mar 1996 - Jun 2023 |
Slovenia (%) | 0.07 Sep 2023 | quarterly | Mar 1996 - Sep 2023 |
South Africa (%) | -3.56 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
Spain (%) | -1.53 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
Sri Lanka (%) | 1.62 Sep 2023 | quarterly | Jun 2013 - Sep 2023 |
Sudan (%) | 3.26 2010 | yearly | 1996 - 2010 |
Sweden (%) | -1.16 Dec 2023 | quarterly | Mar 1994 - Dec 2023 |
Switzerland (%) | -2.27 Dec 2023 | quarterly | Mar 2011 - Dec 2023 |
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Government and Public Finance | Last | Frequency | Range |
---|---|---|---|
Consolidated Fiscal Balance: % of GDP (%) | -1.1 Dec 2023 | quarterly | Jun 2003 - Dec 2023 |
Consolidated Fiscal Balance (USD mn) | -8,009.611 Dec 2023 | quarterly | Sep 2002 - Dec 2023 |
Tax Revenue (USD mn) | 131,300.177 Dec 2023 | quarterly | Sep 2002 - Dec 2023 |
Tax Revenue: % of GDP (%) | 29.2 Dec 2023 | quarterly | Sep 2002 - Dec 2023 |
National Government Debt (USD mn) | 673,484.7 2022 | yearly | 1999 - 2022 |
Government Debt: % of GDP (%) | 41.8 2022 | yearly | 1999 - 2022 |
Forecast: Government Expenditure (AUD bn) | 1,137.330 2028 | yearly | 1988 - 2028 |
Forecast: Government Net Debt (AUD bn) | 1,728.540 2028 | yearly | 1989 - 2028 |
Forecast: Government Revenue (AUD bn) | 1,098.260 2028 | yearly | 1988 - 2028 |
DOT Forecast: Budget Aggregates: Revenue (AUD bn) | 748.200 2027 | yearly | 1997 - 2027 |
DOT Forecast: Budget Aggregates: Expenses (AUD bn) | 771.800 2027 | yearly | 1997 - 2027 |
Foreign Trade | Last | Frequency | Range |
---|---|---|---|
Forecast: Exports of Goods Growth (%) | 2.289 2028 | yearly | 1980 - 2028 |
Trade Balance (USD mn) | 7,335.5 Dec 2023 | monthly | Jul 1971 - Dec 2023 |
Total Exports (USD mn) | 31,540.8 Dec 2023 | monthly | Jul 1971 - Dec 2023 |
Total Exports Growth (%) | -5.0 Dec 2023 | monthly | Jul 1972 - Dec 2023 |
Aluminum: Exports (USD th) | 4,436,553.090 2022 | yearly | 1995 - 2022 |
Exports: Medicament (USD th) | 1,314,102.737 2022 | yearly | 1995 - 2022 |
Exports: Medicinal and Pharmaceutical Product (USD th) | 1,778,195.621 2022 | yearly | 1995 - 2022 |
Total Imports (USD mn) | 24,205.2 Dec 2023 | monthly | Jul 1971 - Dec 2023 |
Total Imports Growth (%) | -1.8 Dec 2023 | monthly | Jul 1972 - Dec 2023 |
Imports: Medicament (USD th) | 7,493,317.912 2022 | yearly | 1995 - 2022 |
Imports: Medicinal and Pharmaceutical Product (USD th) | 6,198,455.930 2022 | yearly | 1995 - 2022 |
Total Exports to USA (USD mn) | 1,107.692 Dec 2023 | monthly | Jan 1988 - Dec 2023 |
Total Imports from USA (USD mn) | 2,447.630 Dec 2023 | monthly | Apr 1969 - Dec 2023 |
Total Exports to China (USD mn) | 12,390.082 Dec 2023 | monthly | Apr 1969 - Dec 2023 |
Total Imports from China (USD mn) | 5,471.528 Dec 2023 | monthly | Jan 1988 - Dec 2023 |
Trade Balance: Goods (AUD mn) | 15,396.000 Dec 2023 | monthly | Jul 1971 - Dec 2023 |
Trade Balance: sa: Goods (AUD mn) | 10,959.000 Dec 2023 | monthly | Jul 1971 - Dec 2023 |
Terms of Trade Index: sa (2021-2022=100) | 92.500 Sep 2023 | quarterly | Sep 1959 - Sep 2023 |
Export: Value: Coal, whether or not Pulverized, but not Agglomerated (AUD mn) | 8,231.000 Dec 2023 | monthly | Jan 1988 - Dec 2023 |
Export Value: SITC: FOB: MS: Copper Ore & Concentrate, Copper Matte & Cement Cop... (AUD mn) | 888.000 Dec 2023 | monthly | Jan 1988 - Dec 2023 |
Export Value: SITC: FOB: MS: Aluminum Ore & Concentrate (AUD mn) | 927.000 Dec 2023 | monthly | Jan 1988 - Dec 2023 |
Terms of Trade Index (2016-2017=100) | 106.800 Dec 2018 | quarterly | Sep 1959 - Dec 2018 |
Import Value: SITC: NF: Copper (AUD mn) | 67.000 Dec 2023 | monthly | Jan 1988 - Dec 2023 |
Import Value: SITC: NF: Aluminium (AUD mn) | 112.000 Dec 2023 | monthly | Jan 1988 - Dec 2023 |
Import Value: ANZSIC 2006: Metal Ore Mining (AUD mn) | 3.000 Dec 2023 | monthly | Jul 2005 - Dec 2023 |
Monetary | Last | Frequency | Range |
---|---|---|---|
Non Performing Loans Ratio (%) | 0.9 Sep 2023 | quarterly | Jun 2004 - Sep 2023 |
Household Debt: % of GDP (%) | 116.6 Mar 2023 | quarterly | Jun 1988 - Mar 2023 |
Non-Performing Loans (USD mn) | 23,061.109 Jun 2023 | quarterly | Sep 1994 - Jun 2023 |
Money Supply M1 (USD mn) | 1,088,125.497 Jan 2024 | monthly | Feb 1975 - Jan 2024 |
Money Supply M2 (USD mn) | 1,963,409.574 Jan 2024 | monthly | Mar 1965 - Jan 2024 |
M2 Growth (%) | 4.5 Jan 2024 | monthly | Mar 1966 - Jan 2024 |
Foreign Exchange Reserves (USD mn) | 35,164.1 Jan 2024 | monthly | Jul 1969 - Jan 2024 |
Foreign Exchange Reserves: % of GDP (%) | 2.200 Jun 2023 | quarterly | Sep 1969 - Jun 2023 |
Foreign Exchange Reserves: Months of Import (NA) | 1.5 May 2023 | monthly | Jul 1971 - May 2023 |
Gold Reserves (USD mn) | 5,292.540 Jan 2024 | monthly | Jan 1958 - Jan 2024 |
Total Deposits (USD mn) | 2,614,643.998 Mar 2023 | quarterly | Sep 2004 - Mar 2023 |
Total Deposits Growth (%) | 3.8 Dec 2023 | quarterly | Sep 2005 - Dec 2023 |
Domestic Credit (USD mn) | 3,933,894.7 Dec 2023 | monthly | Dec 2001 - Dec 2023 |
Domestic Credit Growth (%) | 1.0 Dec 2023 | monthly | Dec 2002 - Dec 2023 |
Debt Service Ratio: Households (%) | 19.300 Sep 2023 | quarterly | Mar 1999 - Sep 2023 |
Debt Service Ratio: Private Non-Financial Sector (%) | 22.700 Sep 2023 | quarterly | Mar 1999 - Sep 2023 |
Credit to Households (USD bn) | 1,841.887 Sep 2023 | quarterly | Dec 1977 - Sep 2023 |
Credit to Private Non-Financial Sector (USD bn) | 2,846.135 Sep 2023 | quarterly | Mar 1971 - Sep 2023 |
Household Debt (USD mn) | 1,942,034.8 Sep 2023 | quarterly | Jun 1988 - Sep 2023 |
Total Loans (USD mn) | 2,321,690.573 Jan 2024 | monthly | Sep 1976 - Jan 2024 |
Total Loans Growth (%) | 4.97 Jan 2024 | monthly | Sep 1977 - Jan 2024 |
Private Debt: % of Nominal GDP (%) | 125.60 Jun 2023 | quarterly | Mar 1990 - Jun 2023 |
Money Supply: sa: M1 (AUD bn) | 1,648.675 Jan 2024 | monthly | Feb 1975 - Jan 2024 |
AU: Broad Money (AUD mn) | 3,131,247.941 2022 | yearly | 1960 - 2022 |
Business and Economic Survey | Last | Frequency | Range |
---|---|---|---|
Economic Policy Uncertainty Index (Index) | 89.672 Dec 2023 | monthly | Jan 1997 - Dec 2023 |
Geopolitical Risk Index (%) | 0.176 Feb 2024 | monthly | Jan 1985 - Feb 2024 |
Exports: % of GDP (%) | 27.346 2022 | yearly | 2001 - 2022 |
Imports: % of GDP (%) | 21.613 2022 | yearly | 2001 - 2022 |
Business Confidence Growth (% Point) | -5.0 Jan 2024 | monthly | Jul 2013 - Jan 2024 |
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