Australia Labour Productivity Growth
Australia Labour Productivity improved by 1.41 % YoY in Sep 2020, compared with a drop of 2.27 % in the previous quarter. Australia Labour Productivity Growth data is updated quarterly, available from Jun 1979 to Sep 2020, averaging at 0.98 %. The data reached an all-time high of 6.24 % in Mar 1984 and a record low of -3.87 % in Jun 1986. CEIC calculates Labour Productivity Growth from quarterly Real GDP and monthly Employment. The Australian Bureau of Statistics provides Real GDP in local currency, at 2018-2019 prices and Employment. Employment excludes Foreign Nationals working within the country.
In the latest reports, Australia Population reached 25.55 million people in Dec 2019. Its Unemployment Rate increased to 7.00 % in Oct 2020. Monthly Earnings of Australia stood at 3,426.20 USD in May 2020. The country's Labour Force Participation Rate increased to 65.50 % in Oct 2020.
View Australia's Labour Productivity Growth from Jun 1979 to Sep 2020 in the chart:
What was Australia's Labour Productivity Growth in Sep 2020?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -1.41 Sep 2020 | -2.27 Jun 2020 | -3.87 Jun 1986 | 6.24 Mar 1984 | % | quarterly | Jun 1979 - Sep 2020 |
Labour Productivity Growth by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | -7.03 Jun 2020 | quarterly | Mar 2010 - Jun 2020 |
| Algeria (%) | -0.47 2019 | yearly | 1992 - 2019 |
| Argentina (%) | -2.52 2019 | yearly | 1992 - 2019 |
| Armenia (%) | -11.54 Jun 2020 | quarterly | Mar 2009 - Jun 2020 |
| Australia (%) | -1.41 Sep 2020 | quarterly | Jun 1979 - Sep 2020 |
| Austria (%) | -3.34 Sep 2020 | quarterly | Mar 2005 - Sep 2020 |
| Azerbaijan (%) | -1.02 Mar 2020 | quarterly | Mar 2009 - Mar 2020 |
| Bahrain (%) | 3.48 Jun 2019 | quarterly | Mar 2009 - Jun 2019 |
| Bangladesh (%) | 6.17 2019 | yearly | 1992 - 2019 |
| Belarus (%) | 0.04 Sep 2020 | quarterly | Mar 2006 - Sep 2020 |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -7.2 Jun 2020 | quarterly | Jun 2003 - Jun 2020 |
| Consolidated Fiscal Balance (USD mn) | -63,966.960 Jun 2020 | quarterly | Sep 2002 - Jun 2020 |
| Tax Revenue (USD mn) | 90,927.832 Sep 2020 | quarterly | Sep 2002 - Sep 2020 |
| Tax Revenue: % of GDP (%) | 30.1 Jun 2020 | quarterly | Sep 2002 - Jun 2020 |
| National Government Debt (USD mn) | 474,369.8 2019 | yearly | 1999 - 2019 |
| Government Debt: % of GDP (%) | 34.7 2019 | yearly | 1999 - 2019 |
| Forecast: Government Expenditure (AUD bn) | 880.783 2025 | yearly | 1988 - 2025 |
| Forecast: Government Net Debt (AUD bn) | 1,693.021 2025 | yearly | 1989 - 2025 |
| Forecast: Government Revenue (AUD bn) | 833.535 2025 | yearly | 1988 - 2025 |
| DOT Forecast: Budget Aggregates: Revenue (AUD bn) | 538.100 2024 | yearly | 1997 - 2024 |
| DOT Forecast: Budget Aggregates: Expenses (AUD bn) | 596.600 2024 | yearly | 1997 - 2024 |
| AU: General Government: Financial Liabilities (AUD mn) | 2,035,045.000 Sep 2020 | quarterly | Jun 1999 - Sep 2020 |
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