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GDP per capita and productivity growth (Edition 2015)
| Content Provider | OECD iLibrary |
|---|---|
| Temporal Coverage | 1970-2012 |
| Abstract | This dataset includes indicators on labour productivity growth defined in terms of gross domestic product (GDP), hours worked and capital services. Per capita GDP growth can be broken down into a part which is due to growth in labour productivity (GDP per hour worked) and a part which is due to increased labour utilisation (hours worked per capita). Labour productivity is a key driver of economic growth and changes in living standards, measured notably by growth in GDP per capita. Growth in labour productivity indicates a higher level of output for every hour worked. Labour productivity when measured by Unit Labour Costs (ULC) is also a key driver of international competitiveness. Data are presented as annual datapoints from 1970 onwards. |
| Language | English |
| Publisher Date | 2015-12-15 |
| Access Restriction | Open |
| Subject Keyword | Employment labour GDP employment |
| Content Type | Text |
| Resource Type | Data Set |