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Productivity Statistics: 1978–2016
Embargoed until 10:45am  –  22 March 2017
Key facts

 For the measured sector, in the year ended March 2016:

  • the output index increased 2.6 percent
  • labour productivity decreased 0.7 percent – due to stronger growth in inputs (up 3.3 percent) than in outputs (up 2.6 percent)
  • capital inputs increased 2.6 percent; capital productivity was up 0.1 percent
  • multifactor productivity (MFP) decreased 0.4 percent.

Graph, measured sector output and productivity indexes, percentage change, 2016 year and average annual growth rates for 2008–2016.

Note: Productivity is best observed in growth cycles (the span of years between the peak of one cycle and that of the following cycle). Over the current incomplete cycle, 2008–16, average annual changes in the measured sector were:

  • the output index increased 1.5 percent
  • labour inputs increased 0.8 percent; labour productivity was up 0.7 percent
  • capital inputs grew 1.9 percent; capital productivity was down 0.4 percent
  • MFP increased 0.2 percent.

The measured sector series begins in 1996.  It includes all industries except public administration and safety, education and training, health care and social assistance, and ownership of owner-occupied dwellings.

Liz MacPherson, Government Statistician
ISSN 1178-0630
22 March 2017

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