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Productivity Statistics: 1978–2011
Embargoed until 10:45am  –  15 March 2012
Key facts
For 2011.
  • Growth in labour productivity decreased 0.1 percent.
  • This was a result of growth in labour input (up 0.9 percent) increasing more than for output (up 0.8 percent).
  • Multifactor productivity (MFP) recorded no growth.
 
Over the growth cycle from 2006 to 2011, annual changes were as follows.                                                      
  • Labour productivity rose 0.5 percent a year (compared with annual growth of 1.9 percent from 1978–2011).
  • Capital productivity fell 1.9 percent a year (compared with a fall in annual growth of 0.6 percent from 1978–2011).
  • MFP fell 0.6 percent a year (compared with annual growth of 0.9 percent from 1978–2011).
  • After accounting for differences in the skill composition of workers, labour productivity rose 0.2 percent a year.
 Graph, measured sector productivity indexes, year ended March 1978 to 2011.

 

 Geoff Bascand 15 March 2012  
 Government Statistician ISSN 1178-0630 
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