Spain Labour Productivity Growth
1996 - 2023 | Quarterly | % | CEIC Data
Key information about Spain Labour Productivity Growth
- Spain Labour Productivity improved by 1.58 % YoY in Dec 2023, compared with a drop of 1.95 % in the previous quarter
- Spain Labour Productivity Growth data is updated quarterly, available from Mar 1996 to Dec 2023, averaging at 0.30 %
- The data reached an all-time high of 14.04 % in Jun 2021 and a record low of -15.54 % in Jun 2020
CEIC calculates Labour Productivity Growth from quarterly Real GDP Index and quarterly Employment. National Statistics Institute provides Real GDP Index, at chain linked 2015 prices and Employment
View Spain's Labour Productivity Growth from Mar 1996 to Dec 2023 in the chart:
What was Spain's Labour Productivity Growth in Dec 2023?
Spain Labour Productivity improved by 1.58 % YoY in Dec 2023, compared with a drop of 1.95 % in the previous quarter See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| -1.58 Dec 2023 | -1.95 Sep 2023 | -15.54 Jun 2020 | 14.04 Jun 2021 | % | quarterly | Mar 1996 - Dec 2023 |
Labour Productivity Growth by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) | 0.65 Jun 2023 | quarterly | Mar 2010 - Jun 2023 |
| Algeria (%) | -4.67 2022 | yearly | 1992 - 2022 |
| Argentina (%) | -4.51 2023 | yearly | 1992 - 2023 |
| Armenia (%) | 5.60 Sep 2023 | quarterly | Mar 2009 - Sep 2023 |
| Australia (%) | -1.63 Dec 2023 | quarterly | Jun 1979 - Dec 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 (%) | 5.19 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Belgium (%) | 0.10 Dec 2023 | quarterly | Mar 2000 - Dec 2023 |
| Bolivia (%) | -0.64 2022 | yearly | 2000 - 2022 |
| Bosnia and Herzegovina (%) | -1.22 2023 | yearly | 2007 - 2023 |
| 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 (%) | 0.68 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Cambodia (%) | 1.17 2021 | yearly | 2008 - 2021 |
| Canada (%) | -1.21 Dec 2023 | quarterly | Mar 1977 - Dec 2023 |
| Chile (%) | -2.14 Dec 2023 | quarterly | Mar 1987 - Dec 2023 |
| China (%) | 4.22 2023 | yearly | 1953 - 2023 |
| Colombia (%) | -2.02 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| Croatia (%) | 10.94 Dec 2023 | quarterly | Mar 2008 - Dec 2023 |
| Cyprus (%) | 0.57 Dec 2023 | quarterly | Jun 2005 - Dec 2023 |
| Czech Republic (%) | 2.26 Dec 2023 | quarterly | Mar 1997 - Dec 2023 |
| Denmark (%) | 2.54 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| Ecuador (%) | 0.87 2022 | yearly | 1992 - 2022 |
| Egypt (%) | -0.48 Dec 2023 | quarterly | Mar 2004 - Dec 2023 |
| Estonia (%) | -4.78 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| European Union (%) | -1.05 Sep 2023 | quarterly | Mar 2006 - Sep 2023 |
| Finland (%) | -1.24 Dec 2023 | quarterly | Mar 1991 - Dec 2023 |
| France (%) | -1.25 2022 | yearly | 1979 - 2022 |
| Georgia (%) | 5.23 2022 | yearly | 1997 - 2022 |
| Germany (%) | -0.88 Dec 2023 | quarterly | Mar 1992 - Dec 2023 |
| Ghana (%) | -0.40 2022 | yearly | 1992 - 2022 |
| Greece (%) | 0.13 Dec 2023 | quarterly | Mar 1996 - Dec 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 (%) | -6.61 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 (%) | 0.65 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 (%) | 7.14 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 (%) | -2.31 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Luxembourg (%) | -2.38 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Macau SAR, China (%) | 80.89 Dec 2023 | quarterly | Mar 2002 - Dec 2023 |
| North Macedonia (%) | 1.24 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| Malawi (%) | -4.08 2022 | yearly | 1992 - 2022 |
| Malaysia (%) | 0.46 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Malta (%) | 0.89 Dec 2023 | quarterly | Dec 2001 - Dec 2023 |
| Mauritius (%) | 7.38 Dec 2023 | quarterly | Mar 2005 - Dec 2023 |
| Mexico (%) | 0.64 Dec 2023 | quarterly | Jun 1996 - Dec 2023 |
| Moldova (%) | -1.25 Dec 2023 | quarterly | Mar 2001 - Dec 2023 |
| Mongolia (%) | 3.77 Dec 2023 | quarterly | Sep 2007 - Dec 2023 |
| Montenegro (%) | -4.61 Dec 2023 | quarterly | Mar 2011 - Dec 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 (%) | -1.32 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| New Zealand (%) | -2.86 Dec 2023 | quarterly | Jun 1988 - Dec 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 (%) | 0.66 Dec 2023 | quarterly | Mar 2018 - Dec 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 (%) | 1.07 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Qatar (%) | -0.98 2019 | yearly | 2012 - 2019 |
| Romania (%) | 0.71 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Russia (%) | 3.11 Dec 2023 | quarterly | Mar 1996 - Dec 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 (%) | 0.67 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Slovenia (%) | 1.51 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| South Africa (%) | -3.56 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
| Spain (%) | -1.58 Dec 2023 | quarterly | Mar 1996 - Dec 2023 |
| Sri Lanka (%) | 7.10 Dec 2023 | quarterly | Jun 2013 - Dec 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 (%) | -3.6 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Consolidated Fiscal Balance (USD mn) | -27,796.994 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Tax Revenue (USD mn) | 348,108.307 2022 | yearly | 1995 - 2022 |
| Tax Revenue: % of GDP (%) | 24.6 2022 | yearly | 1995 - 2022 |
| National Government Debt (USD mn) | 1,740,886.1 Dec 2023 | quarterly | Dec 1990 - Dec 2023 |
| Government Debt: % of GDP (%) | 107.7 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| Forecast: Government Expenditure (EUR bn) | 787.999 2028 | yearly | 1980 - 2028 |
| Forecast: Government Net Debt (EUR bn) | 1,833.120 2028 | yearly | 1980 - 2028 |
| Forecast: Government Revenue (EUR bn) | 728.019 2028 | yearly | 1980 - 2028 |
| State Government Budget Balance: ytd (EUR mn) | -9,466.000 Feb 2024 | monthly | Jan 2004 - Feb 2024 |
| State Government Revenue: ytd (EUR mn) | 30,546.000 Feb 2024 | monthly | Jan 2004 - Feb 2024 |
| State Government Expenditure: ytd: Current (EUR mn) | 38,661.000 Feb 2024 | monthly | Jan 2004 - Feb 2024 |
| State Government Revenue: ytd: Current: Taxes on Production: Products Tax: VAT (EUR mn) | 12,999.000 Feb 2024 | monthly | Jan 2004 - Feb 2024 |
| State Government Expenditure: ytd (EUR mn) | 40,012.000 Feb 2024 | monthly | Jan 2004 - Feb 2024 |
| State Government Expenditure: ytd: Capital (EUR mn) | 1,351.000 Feb 2024 | monthly | Jan 2004 - Feb 2024 |
| General Govt Debt: Securities excl Shares: Long Term (EUR mn) | 1,326,054.217 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
| General Govt Debt: Loans: Short Term (EUR mn) | 4,824.474 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
| Public Debt: % of Nominal GDP (%) | 107.700 Dec 2023 | quarterly | Mar 1995 - Dec 2023 |
| General Govt Debt: Loans: Long Term (EUR mn) | 165,923.462 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
| General Govt Debt: Securities excl Shares: Short Term (EUR mn) | 71,664.987 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
| General Govt Debt (EUR mn) | 1,573,753.506 Dec 2023 | quarterly | Dec 1994 - Dec 2023 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 2.539 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -3,292.3 Jan 2024 | monthly | Feb 1974 - Jan 2024 |
| Total Exports (USD mn) | 35,424.2 Jan 2024 | monthly | Feb 1974 - Jan 2024 |
| Total Exports Growth (%) | -2.0 Jan 2024 | monthly | Feb 1975 - Jan 2024 |
| Aluminum: Exports (USD th) | 4,648,596.870 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 11,916,700.138 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 16,949,916.312 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 38,479.2 Jan 2024 | monthly | Feb 1974 - Jan 2024 |
| Total Imports Growth (%) | -2.2 Jan 2024 | monthly | Feb 1975 - Jan 2024 |
| Imports: Medicament (USD th) | 14,747,141.004 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 9,985,076.621 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 1,394.743 Jan 2024 | monthly | Jan 1960 - Jan 2024 |
| Total Imports from USA (USD mn) | 2,456.049 Jan 2024 | monthly | Jan 1960 - Jan 2024 |
| Total Exports to China (USD mn) | 580.683 Jan 2024 | monthly | Jan 1970 - Jan 2024 |
| Total Imports from China (USD mn) | 3,620.962 Jan 2024 | monthly | Jan 1970 - Jan 2024 |
| Exports: Consumer Goods: Others: Durable: Automobiles (EUR th) | 3,032,919.862 Jan 2024 | monthly | Jan 1981 - Jan 2024 |
| Exports (EUR th) | 30,144,188.447 Jan 2024 | monthly | Jan 1962 - Jan 2024 |
| Exports: Intermediate Goods: Industrial Products: Minerals (EUR th) | 2,692,822.854 Jan 2024 | monthly | Jan 1981 - Jan 2024 |
| Exports: Intermediate Goods: Industrial Products: Chemicals (EUR th) | 3,420,864.628 Jan 2024 | monthly | Jan 1981 - Jan 2024 |
| Exports: Consumer Goods: Food, Beverages and Tobacco (EUR th) | 4,814,771.570 Jan 2024 | monthly | Jan 1981 - Jan 2024 |
| Exports: Intermediate Goods: Industrial Products: Materials for Transportation P... (EUR th) | 2,123,964.483 Jan 2024 | monthly | Jan 1981 - Jan 2024 |
| Exports: Europe: France (EUR th) | 5,124,017.773 Jan 2024 | monthly | Jan 1960 - Jan 2024 |
| Exports: Europe: Germany (EUR th) | 3,274,790.178 Jan 2024 | monthly | Jan 1960 - Jan 2024 |
| Exports: Europe: Italy (EUR th) | 2,587,284.003 Jan 2024 | monthly | Jan 1960 - Jan 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 3.6 Jan 2024 | monthly | Jan 1962 - Jan 2024 |
| Household Debt: % of GDP (%) | 51.6 Sep 2023 | quarterly | Dec 1989 - Sep 2023 |
| Non-Performing Loans (USD mn) | 45,703.774 Jan 2024 | monthly | Jan 1962 - Jan 2024 |
| Money Supply M1 (USD mn) | 1,356,001.179 Jan 2024 | monthly | Jan 1962 - Jan 2024 |
| Money Supply M2 (USD mn) | 1,616,884.822 Jan 2024 | monthly | Jan 1962 - Jan 2024 |
| M2 Growth (%) | -0.2 Dec 2023 | monthly | Jan 1963 - Dec 2023 |
| Reserve Requirement Ratio (%) | 1.0 Jan 2024 | monthly | Jan 1999 - Jan 2024 |
| Foreign Exchange Reserves (USD mn) | 62,470.3 Feb 2024 | monthly | Jan 1987 - Feb 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 3.919 Dec 2023 | quarterly | Dec 1995 - Dec 2023 |
| Foreign Exchange Reserves: Months of Import (NA) | 1.7 Jan 2024 | monthly | Jan 1987 - Jan 2024 |
| Gold Reserves (USD mn) | 18,354.082 Feb 2024 | monthly | Dec 1956 - Feb 2024 |
| Total Deposits (USD mn) | 1,422,828.901 Jan 2024 | monthly | Jan 2003 - Jan 2024 |
| Total Deposits Growth (%) | 1.1 Jan 2024 | monthly | Jan 2004 - Jan 2024 |
| Domestic Credit (USD mn) | 2,279,184.1 Jan 2024 | monthly | Jan 1999 - Jan 2024 |
| Domestic Credit Growth (%) | -4.2 Jan 2024 | monthly | Jan 2000 - Jan 2024 |
| Debt Service Ratio: Households (%) | 5.600 Sep 2023 | quarterly | Mar 1999 - Sep 2023 |
| Debt Service Ratio: Private Non-Financial Sector (%) | 13.000 Sep 2023 | quarterly | Mar 1999 - Sep 2023 |
| Credit to Households (USD bn) | 730.110 Sep 2023 | quarterly | Dec 1980 - Sep 2023 |
| Credit to Private Non-Financial Sector (USD bn) | 1,996.763 Sep 2023 | quarterly | Mar 1970 - Sep 2023 |
| Household Debt (USD mn) | 784,758.9 Sep 2023 | quarterly | Dec 1989 - Sep 2023 |
| Total Loans (USD mn) | 2,232,976.916 Feb 2024 | monthly | Dec 1989 - Feb 2024 |
| Total Loans Growth (%) | 3.81 Feb 2024 | monthly | Dec 1990 - Feb 2024 |
| Private Debt: % of Nominal GDP (%) | 77.74 Dec 2023 | quarterly | Mar 2003 - Dec 2023 |
| Money Supply: Spain Contribution: M3 (EUR mn) | 1,590,376.000 Dec 2023 | monthly | Sep 1997 - Dec 2023 |
| Money Supply: Spain Contribution: M2 (EUR mn) | 1,515,165.000 Dec 2023 | monthly | Sep 1997 - Dec 2023 |
| Money Supply: Spain Contribution: M1 (EUR mn) | 1,284,200.000 Dec 2023 | monthly | Sep 1997 - Dec 2023 |
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