Table 1
Sources of labour productivity growth in the business sector (average annual compound growth rates), 1980 to 2022
1980 to 2000 | 2000 to 2015 | 2015 to 2022 | 2019 to 2022 | 2021 | 2022 | |
---|---|---|---|---|---|---|
percentage points | percentage points | percentage points | percentage points | percentage points | percentage points | |
Gross domestic product | 3.2 | 1.8 | 1.7 | 1.0 | 5.5 | 4.4 |
Combined labour and capital inputs | 2.8 | 2.0 | 1.6 | 1.1 | 7.9 | 3.8 |
Labour input | 2.1 | 1.3 | 1.4 | 0.8 | 11.7 | 4.9 |
Hours worked | 1.5 | 0.8 | 0.9 | 0.2 | 11.9 | 5.0 |
Labour composition | 0.6 | 0.5 | 0.5 | 0.5 | -0.2 | -0.1 |
Capital input | 3.9 | 3.1 | 1.9 | 1.6 | 2.2 | 2.0 |
Labour productivity | 1.8 | 1.0 | 0.8 | 0.8 | -5.7 | -0.6 |
Contributions to labour productivity growth | ||||||
Capital intensity | 0.9 | 0.9 | 0.4 | 0.5 | -3.5 | -1.2 |
Labour composition | 0.4 | 0.3 | 0.3 | 0.3 | -0.1 | 0.0 |
Multifactor productivity growth | 0.5 | -0.2 | 0.1 | -0.1 | -2.2 | 0.6 |
Note(s):
The growth rates represent annual compound growth rates. Numbers may not add up because of rounding.
Source(s):
Table 36-10-0208-01.
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